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capandtrade -- Informal Staff Proposal Addendum - Cap-and-Trade Program Additional Assistance Factors for Post-2020 Allowance Allocation
Posted: 10 Nov 2016 12:29:14
The Air Resources Board (ARB or Board) will release an addendum to the October 21, 2016 paper entitled “Industrial Assistance Factor Calculation: Informal Staff Proposal” (https://www.arb.ca.gov/cc/capandtrade/meetings/20161021/ct-af-proposal-102116.pdf) at the website https://www.arb.ca.gov/cc/capandtrade/meetings/20161021/ct-af-proposal-addendum-111016.pdf at 5 pm on Thursday, November 10, 2016. This addendum is a continuation of the public process of the 2016 amendments to the Cap-and-Trade Regulation (Regulation). The addendum will include an informal staff proposal for post-2020 assistance factors for non-manufacturing sectors and other sectors (wet corn milling; cyclic crude, intermediate, and gum and wood chemical manufacturing; other motor vehicle parts manufacturing). The addendum will also describe the methodology and supporting data with which staff calculated these assistance factors. ARB staff requests feedback on this proposed methodology for the aforementioned sectors by 5 pm on Wednesday, November 23, 2016; a link to submit comments on the addendum will be available the week of November 14. Background The Board first formally adopted the Regulation in October 2011, and subsequently approved limited amendments to the Regulation in June 2012, October 2013, April 2014, September 2014, and most recently June 2015. The upcoming 2016 amendments will seek to improve Program efficiency, update the Regulation using the latest information, and chart post-2020 implementation of the Program. More information about ARB’s Cap-and-Trade Program is available at http://www.arb.ca.gov/cc/capandtrade/capandtrade.htm. California is in a drought emergency. Visit www.SaveOurH2O.org for water conservation tips.