This page last reviewed April 17, 2013
Regulatory Guidance Document
ARB’s cap-and-trade regulation, which appears at sections 95800 to 96023 of
title 17, California Code of Regulations, is a set of rules that
establishes a limit on greenhouse gas (GHG) emissions from the
State’s biggest sources of GHGs. ARB staff has prepared this
document to describe the regulatory requirements in a user-friendly
format. Unlike the regulation itself, this guidance does not have
the force of law. It is not intended to and cannot establish new
mandatory requirements beyond those that are already in the
cap-and-trade regulation (regulation), and it does not supplant,
replace or amend any of the legal requirements of the regulation.
Conversely, this guidance’s omission or truncation of regulatory
requirements does not relieve operators of their legal obligation to
fully comply with all requirements of the regulation.
ARB will also
sponsor technical discussions and training workshops for implementation
of the cap-and-trade program, including registration and use of the
compliance instrument tracking system service (CITSS).
information is posted on the cap-and-trade program website:
Instructional Guidance Document
below are web link shortcuts to specific chapters of the cap-and-trade regulatory guidance
document. Please note that several chapters are currently being
developed by ARB staff. As result, not all web link chapter
shortcuts are active. Other web links will be activated when
chapters are available.
Table of Contents
HOW DOES THE CAP-AND-TRADE PROGRAM WORK?
1.1 What is the Cap-and-Trade Program?
1.4 Who will have to comply with the Cap-and-Trade Program?
1.7 What are the deadlines for each action required by my company?
IS MY COMPANY SUBJECT TO THE CAP-AND-TRADE REGULATION?
WHAT DOES MY COMPANY NEED TO DO TO COMPLY WITH THE CAP-AND-TRADE PROGRAM?
3.1 Register with the Cap-and-Trade Program
3.2 Report and Verify Your Greenhouse Gas Emissions, Product Output and Energy Data
3.3 Turn In Compliance Instruments
3.4 What types of compliance instruments can be used to fulfill my compliance obligation?
3.5 How do I know how many allowances will be freely allocated to my facility?
3.6 What are important compliance surrender dates?
3.7 Retain Records
3.8 Additional Requirements for Electric Utilities
WHAT ARE THE REQUIREMENTS IF MY COMPANY CHOOSES TO VOLUNTARILY PARTICIPATE IN THE CAP-AND-TRADE PROGRAM?
4.1 What is an Opt-In Covered Entity (Section 95813)?
4.2 What is a Voluntarily Associated Entity (VAE)?
Opt-in Form 2014
HOW DO I BUY, SELL, AND TRADE COMPLIANCE INSTRUMENTS?
5.1. How do I purchase allowances at the ARB auction?
5.2 How do I purchase allowances from the Allowance Price Containment Reserve (section 95913)?
5.3 How do I purchase ARB offset credits?
5.4 What is the process and requirements for trading compliance instruments (section 95921)?
WHAT ARE THE REQUIREMENTS FOR OFFSET CREDITS AND HOW ARE THEY ISSUED?
6.1 What are Offsets and How are They Used?
6.6. What Are the Requirements for Offset Project Operators and What Do They Need To Do?
6.11 What Are the Rules for Invalidation of ARB Offset Credits?
6.13 How Are Offset Project Registries Approved and What Are the Requirements for Registry Services?
6.14 What Are the Requirements for Early Action?
WHAT IS THE PROCESS FOR RETIRING ALLOWANCES FROM VOLUNTARY RENEWABLE ELECTRICITY RESERVE ACCOUNT?
WHAT IS RESOURCE SHUFFLING?