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arbcombo -- Modified Proposal for Treatment of Legacy Contracts in Californiaís Cap-and-Trade Program Posted: 15 Oct 2013 17:32:03
The Air Resources Board (ARB) will release an updated staff proposal regarding treatment of legacy contracts at 12:00 pm (noon) Pacific Time on Wednesday, October 16, 2013. The proposal will be posted on ARBís Cap-and-Trade page at: http://www.arb.ca.gov/cc/capandtrade/capandtrade.htm Background The Cap-and-Trade Regulation (Regulation) was formally adopted by the Board in 2011. In regulation amendments currently available for 45-day public comment to be considered by the Board at its October hearing, ARB proposed to allocate allowances for free to legacy contract generators for the first compliance period. The Board will consider these amendments at its October 24-25th Board hearing. Staff is also proposing an updated amendment related to legacy contracts, which will be posted at the time and date noted above. If directed by the Board, the updated legacy contracts proposal would be part of new regulatory amendments subject to a 15-day notice of public availability and comment following the October 2013 Board hearing. Staff is making the legacy contracts proposal available before the Board hearing to provide stakeholders an opportunity to testify to the Board on the concept at its October 2013 hearing. More information about the Board hearing can be found at: http://www.arb.ca.gov/lispub/comm/bclist.php 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.