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arbcombo -- June 7 - Market Simulation Group Meeting Posted: 05 Jun 2012 14:48:35
The Market Simulation Group (MSG) of the University of California Energy Institute, working with the California Air Resources Board, will hold a meeting on Thursday, June 7, 2012 to gather input from stakeholders that will inform an assessment of design features of the Californiaís cap-and-trade market for greenhouse gas (GHG) emissions. DATE: Thursday, June 7, 2012 TIME: 9:00 am to 12:00 pm and 1:30 pm to 4:00 pm LOCATION: Banatao Auditorium, Sutardja Dai Hall University of California, Berkeley Berkeley, CA 94720 Directions to Sutdarja Dai Hall can be found at: http://ei.haas.berkeley.edu/pdf/Directions_Sutardja_Dai_Hall.pdf Meeting Agenda 1. Introduction and Overview a. Introduction to Market Simulation Group and Market Surveillance Committee process b. Categorization of market issues c. Market monitoring d. Overview of options for simulation modeling 2. Potential issues for analysis a. Market structure and incentives b. Holding limits c. Timing of compliance d. Strategic compliance behaviors e. Allowance auctions and secondary markets ` f. Volatility mechanisms (price floor, reserve) Stakeholders were asked to provide a summary of specific scenarios or design elements that they thought could detract from market efficiency, create incentives for participants to fail to comply with market rules, or reduce the effectiveness of the market monitoring process. These comments and other information regarding the Market Simulation Group can be found at: http://www.arb.ca.gov/cc/capandtrade/simulationgroup/simulationgroup.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, ghg-ver.