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arbcombo -- DECEMBER 21 ARB RELEASES UPDATED WEBPAGES AND MATERIALS IN SUPPORT OF CALIFORNIAíS COMPLIANCE OFFSET PROGRAM

Posted: 21 Dec 2012 11:58:02
The Air Resources Board (ARB or Board) has posted information
relating to: approved Offset Project Registries; accredited
verification bodies and offset verifiers; Compliance Offset
Protocols; and crediting early action projects.  
 

This information can be located on the main web page of for the
Compliance Offset Program can be found here:
http://www.arb.ca.gov/cc/capandtrade/offsets/offsets.htm

These materials also include general guidance on the Compliance
Offset Program and forms that offset project participants may use
to submit regulatory required information to ARB and/or Offset
Project Registries.  The forms available include: offset project
listings, Offset Project Data Reports, Offset Verification
Statement, request for issuance of ARB offset credits and forms
for early action offset projects.

The general guidance related to the Compliance Offset Program can
be found here:
http://www.arb.ca.gov/cc/capandtrade/guidance/chapter6.pdf

A list of all Compliance Offset Program forms can be found here:
http://www.arb.ca.gov/cc/capandtrade/offsets/forms/forms.htm

BACKGROUND: 

The California Cap on Greenhouse Gas Emissions and Market-Based
Compliance Mechanisms Regulation and the Regulation for the
Mandatory Reporting of Greenhouse Gas (GHG) Emissions were
adopted by the California Air Resources Board in October of 2011,
and formally went into effect January 1, 2012. 

The Cap-and-Trade Regulation allows covered entities to use a
limited number of ARB offset credits to fulfill up to 8% of their
compliance obligation.  Offset credits are tradable compliance
instruments that represent verified GHG emission reductions or
removal enhancements made in sectors and sources not covered by
the Cap-and-Trade Program.  The Board has adopted four Compliance
Offset Protocols: Livestock Projects, Ozone Depleting Substances
Projects, U.S. Forest Projects, and Urban Forest Projects.  The
release of the updated webpages, guidance document, and forms
will assist participants in the Compliance Offset Program with
complying with all regulatory requirements for issuance of ARB
offset credits.

If you have any questions related to the Compliance Offset
Program, please contact Brieanne Aguila at (916) 324-0919.

For more information on the California Cap-and-Trade Program,
please go to:
http://www.arb.ca.gov/cc/capandtrade/capandtrade.htm


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