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arbcombo -- Availability of Early Action Listing Information Posted: 07 Mar 2013 08:40:29
The Air Resources Board (ARB) will release information related to the listing of early action offset projects on the ARB website at 12:00 pm (noon) Pacific Time Friday March 8th. Regular releases will be at 12:00 (noon) Pacific Time on the on the first business Wednesday of each month. This release will include information about early action offset projects that have been reviewed and approved for listing. The information will be posted on ARBís Early Action Projects website at: http://www.arb.ca.gov/cc/capandtrade/offsets/earlyaction/projects.htm. Background Some voluntary offset projects that have been issued offset credits by approved voluntary registries for GHG reductions or removal enhancements that occurred between January 1, 2005 and December 31, 2014 may be eligible to be issued ARB offset credits. These projects are referred to as early action offset projects. Early action offset projects must meet specific requirements in the Cap-and-Trade Regulation. The first step in the process is to list the early action offset project with ARB. Once the listing information for an early action offset project has been submitted ARB will review it and the offset project will be listed below. The listing information provides general information about the early action offset project. In order for the early action offset credits to be eligible to become ARB offset credits, after listing they must undergo regulatory verification which includes an assessment of conflict of interest and a desk review to confirm the validity of the initial verification. Upon satisfying the requirements in section 95990(c) of the Regulation, and successfully completing the regulatory verification process, applicants may request the issuance of ARB offset credits. After the request has been made, ARB will conduct a full review of all project documents. If the review shows conformance with the Regulation, ARB offset credits will be issued. After issuance, information regarding the early action offset project, including number of ARB offset credits issued by vintage, and invalidation status will be made publicly available on this website. More detailed information about the process for recognizing early action, including project eligibility, can be found in Section 6.14 of the ARB Instructional Guidance Document and in Subarticle 14 of the Cap-and-Trade Regulation. If you have any questions related to the ARB early action 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. 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: capandtrade, cc, ghg-dis-verifiers, ghg-rep, ghgverifiers, ghg-ver, offsets.