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arbcombo -- February 5 Cap-and-Trade Workshop on Border Carbon Adjustment for the Cement Sector Posted: 22 Jan 2014 18:09:21
Please save February 5, 2014 for a public workshop to discuss potential inclusion of cement importers in the California Cap-and-Trade Program in the second compliance period using a border carbon adjustment mechanism. TOPIC: Border Carbon Adjustment for the Cement Sector DATE: Wednesday, February 5, 2014 TIME: 12.30 pm to 4.30 pm LOCATION: Sierra Hearing Room, 2nd Floor, Cal/EPA HQ Building, 1001 “I” Street, Sacramento This workshop will kick off the public process to consider regulatory amendments that would include cement importers as an additional covered sector subject to the California Cap-and-Trade Regulation (Regulation) in the second compliance period using a border carbon adjustment mechanism, potentially in concert with free allocation. Border adjustment is a mechanism that would create a compliance obligation for importers similar to the obligation faced by the same industry within California. Free allocation could be provided using a similar methodology as for in-state producers. The workshop will begin the discussion of the best method for inclusion of a border carbon adjustment mechanism, including whether the newly covered entities would be included under the current cap or in a separate allowance budget. Staff will discuss options and technical considerations for including cement importers as part of the Regulation. The options would require consistent compliance obligations for importers compared to existing covered entities while maintaining market stringency and flexibility. Topics will include: • Border carbon adjustment in the context of the California Cap-and-Trade Regulation • Border carbon adjustment mechanism (BCA) program design options o Scope and applicability o Program framework & stringency The agenda and presentation materials for the workshop will be available on ARB’s Cap-and-Trade Workshops and Meetings webpage: http://www.arb.ca.gov/cc/capandtrade/meetings/meetings.htm All interested stakeholders are invited to attend. A live webcast of the meeting will be available at: http://www.calepa.ca.gov/broadcast/?BDO=1 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.