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arbcombo -- December 2 Cap-and-Trade Program Information Release Posted: 26 Nov 2013 17:25:28
The California Air Resources Board (ARB) will make available Cap-and-Trade Program related documents at noon PT on Monday December 2, 2013. The materials will include: • The 2014 Annual Auction Reserve Price Notice, • Estimated State auction budgets, • A summary of 2014 vintage industrial allocations by sector, and • December 2013 Reserve Sale Notice. The "2014 Annual Auction Reserve Price Notice" will specify the 2014 Auction Reserve Price, the number of allowances to be auctioned in 2014 for the quarterly auctions as part of the Current Auction and Advance Auction, and the prices for each tier of the Allowance Price Containment Reserve (APCR). The notice will be posted on ARB’s website at: http://www.arb.ca.gov/cc/capandtrade/auction/auction.htm An estimate of the State-owned allowances that could be available for auction by fiscal year will be posted on ARB’s website at: http://www.arb.ca.gov/cc/capandtrade/capandtrade.htm The summary of 2014 vintage industrial allocation will be provided by sector. The document will be available at: http://www.arb.ca.gov/cc/capandtrade/capandtrade.htm The December 2013 Reserve Sale Notice will be posted to provide information about participant eligibility, format of the reserve sale, and APCR allowances offered for sale. The document will be available at: http://www.arb.ca.gov/cc/capandtrade/auction/auction.htm BACKGROUND: The California Cap on Greenhouse Gas Emissions and Market-Based Compliance Mechanisms Regulation (Regulation) was adopted by the California Air Resources Board in October of 2011, and formally went into effect January 1, 2012. Entities subject to the Regulation will have a compliance obligation for their greenhouse gas emissions beginning on January 1, 2013. The Regulation was amended in early 2013 to link the California and Quebec programs beginning January 1, 2014. If you have any questions related to the Cap-and-Trade Program, please visit “Contact Us” http://www.arb.ca.gov/cc/capandtrade/contacts/capandtrade_contacts.htm. 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-rep, ghgverifiers, ghg-ver.