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moyer -- Approved 2012 Revision to the Carl Moyer Cost-Effectiveness Limit

Posted: 02 Apr 2012 10:17:27
An approved revision to the 2011 Carl Moyer Program
cost-effectiveness limit is now available.  Mail Out #MSC12-07
announces this change to Appendix G of the Program Guidelines. 
http://www.arb.ca.gov/msprog/mailouts/mouts_12.htm

The cost-effectiveness limit is updated to $17,080.  The capital
recovery factors remains unchanged based on a discount rate of 2
percent.  The updated cost effectiveness limit can be used by air
districts for contracts executed beginning April 1, 2012, and
must be used for any contracts executed beginning July 1, 2012.

All approved revisions are incorporated into the latest 2011 Carl
Moyer Program Guidelines and can be found at: 
http://www.arb.ca.gov/msprog/moyer/guidelines/current.htm

BACKGROUND:
Since 1998, the Carl Moyer Program has filled a critical niche in
California’s strategy to achieve clean air.  The Carl Moyer
Program provides grant funding for the incremental cost of
cleaner-than-required engines, equipment, and emission reduction
technologies.  The Carl Moyer Program complements California’s
regulatory program by funding emission reductions that are
surplus, i.e., early and/or in excess of what is required by
regulation.  State law authorizes the Air Resources Board to
revise the Carl 
Moyer Program Guidelines when necessary to improve the ability of
the program to achieve its goals.  In particular, as required by
statute, the Board updates the cost-effectiveness limit and
capital recovery factors annually. If you have questions
regarding these changes, please contact Nancy Jennerjohn, Air
Pollution Specialist, at (626) 459-4495 or njennerj@arb.ca.gov.

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