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arbcombo -- Public Information Release on Cap-and-Trade Compliance Status and Vintage 2015 Allocation
Posted: 19 Dec 2014 13:30:47
The California Air Resources Board (ARB) will make available on Monday, December 22, 2014 at noon (12:00 PM) Pacific Time information regarding individual covered entity compliance with the November 3, 2014 annual surrender obligation pursuant to California’s Cap-and-Trade Program. This information will provide account-specific obligation and surrender values, including the quantity and vintages of allowances and types of offset credits surrendered, as well as each entity’s compliance status. The information will be available at ARB’s Cap-and-Trade website under the Publicly Available Market Information tab at: http://www.arb.ca.gov/cc/capandtrade/capandtrade.htm. In addition, ARB will make available aggregated data on vintage 2015 allowance allocation. This annual publication includes information on total vintage 2015 allowances allocated by allocation type and, for industrial allocation, by sector. The information will be available at ARB’s Cap-and-Trade website for allocation: http://www.arb.ca.gov/cc/capandtrade/allowanceallocation/allowanceallocation.htm. BACKGROUND: The California Cap on Greenhouse Gas Emissions and Market-Based Compliance Mechanisms Regulation (Regulation) was adopted by the California Air Resources Board in October of 2011, and formally went into effect January 1, 2012. Entities subject to the Regulation will have a compliance obligation for their greenhouse gas emissions beginning on January 1, 2013. The Regulation was amended in early 2013 to link the California and Québec programs beginning January 1, 2014. The first compliance due date for covered entities under California Cap-and-Trade Program was November 3, 2014. Covered entities were required to surrender a sufficient number of applicable compliance instruments to cover 30% of their 2013 emissions pursuant to section 95855 of the Cap-and-Trade Regulation. These applicable compliance instruments include allowances, as well as offset credits. If you have any questions related to the Cap-and-Trade Program, please visit “Contact Us” at http://www.arb.ca.gov/cc/capandtrade/contacts/capandtrade_contacts.htm. For more information on the California Cap-and-Trade Program, please go to: http://www.arb.ca.gov/cc/capandtrade/capandtrade.htm. California is in a drought emergency. Visit www.SaveOurH2O.org for water conservation tips. 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, ghg-ver.