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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 Board’s (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 California’s 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 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.