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arbcombo -- ARB is providing additional information on corporate associations and consolidated entity accounts under the Cap-and-Trade Program

Posted: 17 Aug 2012 17:16:04
Guidance documents on corporate associations and consolidated
entity accounts, including a Consolidated Entity Account Form,
are now available. 

This information is available at the following website:
http://www.arb.ca.gov/cc/capandtrade/markettrackingsystem/markettrackingsystem.htm.
 The guidance on corporate associations will aid in the submittal
of the information on the Compliance Instrument Tracking System
Service (CITSS #3) Corporate Associations and Structure Form
generated from the CITSS during the account application process.
The guidance on consolidated entity accounts will aid in the
submittal of the information on the Consolidated Entity Account
Form.  The Consolidated Entity Account Form is provided for
entities to confirm the creation of a consolidated entity account
for entities with which they have a direct corporate association.
 The form allows for the entities subsumed under a consolidated
entity account to confirm their inclusion. The form also allows
for entities to opt-out of a consolidated entity account and
indicate how the purchase and holding limits will be shared
between itself and the consolidated entity account and other
opt-outs in the direct corporate association. 

The processing of the Consolidated Entity Account Forms will not
impact the processing and issuance of entity accounts in the
CITSS.

Participants are advised to submit this information to ARB by
September 15th, 2012 to allow ARB sufficient time to consolidate
entity accounts prior to the November, 2012 auction.  Any entity
that will receive allowances from ARB or plans to participate in
the auction must have an account in the CITSS.

More information about the Cap-and-Trade Program can be found on
the California Air Resources Boardís Cap-and-Trade website at:
http://www.arb.ca.gov/cc/capandtrade/capandtrade.htm

To join the cap-and-trade listserv, please go to:
http://www.arb.ca.gov/listserv/listserv_ind.php?listname=capandtrade



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