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arbcombo -- July 30 - Cap-and-Trade Technical Workshop to Discuss Emissions Leakage Posted: 17 Jul 2012 14:15:01
The Air Resources Board (ARB or Board) staff will hold a technical workshop at the time noted below to discuss emissions leakage research and a proposal to monitor for emissions leakage related to the Cap-and-Trade Program, as directed by the Board at the October 2011 Board Meeting, and reflected in Resolution 11-32. DATE: Monday, July 30, 2012 TIME: 10 am to 1 pm LOCATION: Cal/EPA Headquarters Building Sierra Hearing Room 1001 I Street Sacramento, California 95814 WEBCAST INFORMATION: This meeting will be webcast for those unable to attend in person. The webcast can be accessed on the day of the workshop at http://www.calepa.ca.gov/broadcast/. Information on submitting questions or comments will be provided during the webcast for remote participants. Staff’s presentation and all associated documents will be posted in advance of the workshop on ARB’s website at: http://www.arb.ca.gov/cc/capandtrade/meetings/meetings.htm BACKGROUND: The California Cap on Greenhouse Gas Emissions and Market-Based Compliance Mechanisms Regulation went into effect on January 1, 2012. The California Global Warming Solutions Act of 2006 (AB 32), which authorized the use of a market-based compliance mechanism such as a cap-and-trade program, required ARB to minimize emissions leakage to the extent feasible. AB 32 further defines emissions leakage as a reduction in emissions of greenhouse gases within the State that is offset by an increase in emissions of greenhouse gases outside the State. Leakage is possible when a business in California incurs regulatory costs not incurred by out-of-State businesses. In Resolution 11-32, the Board directed ARB staff to continue to review information concerning the emissions intensity, trade exposure, and in-State competition of industries in California, and to recommend to the Board changes to the leakage risk determinations and allowance allocation approach, if needed, prior to the allocation of allowances for the second compliance period. At this workshop, staff and researchers will discuss planned ARB-sponsored research efforts to establish baselines from which to measure leakage, along with models upon which to simulate potential leakage. One study will examine how changes in relative energy prices have historically impacted plant output, emissions, and employment. A second study will examine and document recent trends in trade flows in emissions-intensive, trade-exposed industries and estimate how trade flows have historically responded to changes in relative (domestic versus foreign) operating costs. Staff will also discuss a proposal to collect facility-level economic data from covered industrial entities necessary for the timely measurement and monitoring of potential emissions leakage related to the Cap-and-Trade Program. Staff will further discuss a possible proposal for increases in the percentages of the assistance factors generated from leakage risk calculations. Any potential changes to assistance factors will require regulatory amendments, and will therefore not be in place until 2013 at the earliest. SPECIAL ACCOMMODATION REQUEST Special accommodation or language needs can be provided for any of the following: • An interpreter to be available at the hearing; • Documents made available in an alternate format or another language; • A disability-related reasonable accommodation. To request these special accommodations or language needs, please contact the Stationary Source Division at (916) 322-2037 as soon as possible, but no later than 10 business days before the scheduled meeting. TTY/TDD/Speech to Speech users may dial 711 for the California Relay Service. Comodidad especial o necesidad de otro idioma puede ser proveído para alguna de las siguientes: • Un intérprete que esté disponible en la audiencia. • Documentos disponibles en un formato alterno u otro idioma. • Una acomodación razonable relacionados con una incapacidad. Para solicitar estas comodidades especiales o necesidades de otro idioma, por favor llame a la oficina (916) 322-2037 lo más pronto posible, pero no menos de 10 días de trabajo antes del día programado para la audiencia del Consejo. TTY/TDD/Personas que necesiten este servicio pueden marcar el 711 para el Servicio de Retransmisión de Mensajes de California. 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: ab32publichealth, capandtrade, cc, ej, ghg-rep, ghg-ver, offsets.