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arbcombo -- The California Air Resources Board has Released the November 2013 Auction Notice
Posted: 20 Sep 2013 12:01:53
The ARB has released the Auction Notice for the California Cap-and-Trade Program Greenhouse Gas (GHG) Allowance Auction on November 19, 2013. The Auction Notice is posted on the ARB website at: www.arb.ca.gov/auction. The November 2013, GHG allowance auction will offer year 2013 current vintage allowances and year 2016 future vintage allowances for sale. The November 2013 auction is scheduled to take place from 10:00 AM Pacific Time (PT) until 1:00 PM PT. The November 2013 Auction Notice and attachments provide information about eligibility, auction format and procedures, and participation requirements. The November 2013 Auction Notice and attachments include updated guidance on bid schedules and bid guarantees. This guidance clarifies that submitted bids that contain bid quantities in excess of the purchase limit or the holding limit, or that have a maximum value greater than the bid guarantee, are in violation of the California Cap-and-Trade Regulation, and that bid guarantees must be able to cover bids at both the Current Auction and the Advance Auction. Questions regarding the bidding process can be sent directly to the Auction Administrator Support Team at auctionsupport@markit.com. For all other questions regarding the California GHG Cap-and-Trade Program, please contact the California Air Resources Board at (916) 322-2037. For more information on the Cap-and-Trade Program, go to: http://www.arb.ca.gov/cc/capandtrade/capandtrade.htm. You are receiving this single arbcombo email because you are a subscriber to or have made a public comment to one or more of the following lists: capandtrade, cc, ghg-rep.