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arbcombo -- Action Needed: Cap-and-Trade Program Compliance Instrument Tracking System Service User Registration and Account Application

Posted: 13 Sep 2012 08:58:24
The California Air Resources Boardís (ARB) cap-and-trade program
became effective on January 1, 2012, with an enforceable
compliance obligation beginning with calendar year 2013
Greenhouse Gas (GHG) emissions. 

On July 9, 2012, the Compliance Instrument Tracking System
Service (CITSS) was released for Cap-and-Trade User Registration
and Compliance Instrument Account Application activities.  The
CITSS can be accessed at: 
https://www.wci-citss.org

Many covered entities have not initiated the user registration
and account application process.  Entities that are required to
consign allowances to the November Auction and covered industrial
entities eligible for free allocation of allowances in November
2012 must have an account in the CITSS to consign or receive
allowances.  Additionally, entities and individuals that intend
to participate in November 2012 auction must have an approved
account in the CITSS prior to completing the separate Auction
application which will be available from September 14th through
October 15th.

Establishing accounts in the CITSS is a multi-step process that
can take several weeks to complete.  To establish accounts, each
entity must complete the following steps:
1.	Two (2) representatives must complete the user registration
online data entry in the CITSS.
2.	Both representatives must complete and submit required hard
copy documentation required for user registration.
3.	Both representatives must receive user registration approval
from the California Registrar.
4.	The entity must complete account application data entry in the
CITSS to establish an entity account.
5.	The entity must complete and submit account application forms
and hard copy documentation.
6.	Receive approval of the account application from the
California Registrar.

Representatives of covered entities have two (2) options for
submitting the user registration hard copy documentation. 
Guidance on the options that should be reviewed by the
individuals and the entity is available at: 
http://www.arb.ca.gov/cc/capandtrade/markettrackingsystem/markettrackingsystem.htm

In addition, all entities with direct corporate associations to
other entities that have or will establish accounts in the CITSS
must complete a Consolidated Entity Account form.  The form must
be submitted with the account application documentation (Step 5)
no later than September 15th if the entity(ies) intend to
participate in the November Auction.  Guidance and the form are
available at:
http://www.arb.ca.gov/cc/capandtrade/markettrackingsystem/markettrackingsystem.htm

The CITSS is the record of ownership of compliance instruments;
records information related to accounts; enables and records
compliance instrument transfers; facilitates compliance
verification; and supports market oversight through the
collection of relevant information.  

To support Californiaís program implementation, the CITSS is
being released in phases.  User registration and account
application functions are now available in Release 1.  Additional
CITSS functions such as allowance issuance and transfer are
expected to be in Release 2 available in October of 2012.  

Training: 
Training materials supporting the use of the CITSS and more
information on the webinars are available on the ARB website at:
http://www.arb.ca.gov/cc/capandtrade/markettrackingsystem/markettrackingsystem.htm

ARB Support:
ARB has established a Help Desk to support the CITSS User
Registration and Compliance Instrument Account Application. It
can be reached at CACITSSHelpDesk@arb.ca.gov or by phone at (916)
324-7659.

For more information, go to:
http://www.arb.ca.gov/cc/capandtrade/capandtrade.htm

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