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arbcombo -- California and Quebec Practice Auction Update Now Available
Posted: 30 Jun 2014 11:02:36
California and Quebec will conduct a practice joint auction for the California Cap-and-Trade Program and the Quebec Cap-and-Trade System on Thursday, August 7, 2014. The California Air Resources Board (ARB) and Québec’s ministère du Développement durable, de l’Environnement et de la Lutte contre les changements climatiques (Ministry of Sustainable Development, Environment and the Fight against Climate Change) (MDDELCC) previously announced plans to conduct a practice joint auction for the California Cap-and-Trade Program and the Québec Cap-and-Trade System (CA-QC Practice Auction). A CA-QC Practice Auction Update, providing additional details about the planned practice auction, has now been posted to the ARB Auction Information webpage, available at www.arb.ca.gov/auction, and the Québec Cap-and-Trade System website, available at http://www.mddelcc.gouv.qc.ca/changements/carbone/index-en.htm. The CA-QC Practice Auction Update serves to remind potential participants of the upcoming CA-QC Practice Auction and to help them prepare to participate. An Auction Notice for the CA-QC Practice Auction will be posted to the ARB and MDDELCC webpages on Tuesday, July 29, 2014. On the same day, the CA-QC Practice Auction application period will open in the Auction Platform. The final schedule of CA-QC Practice Auction activities will be provided in the July 29, 2014 CA-QC Practice Auction Notice. All entities eligible to participate in an auction under the California Cap-and-Trade Program or Québec Cap-and-Trade System that have selected the “Auction Participation” box in the Compliance Instrument Tracking System Service (CITSS) are eligible to participate in the CA-QC Practice Auction. Further details regarding the CA-QC Practice Auction participation process are provided in the CA-QC Practice Joint Auction Update. During the CA-QC Practice Auction, participants will test the Auction Platform and become familiar with the features that support a joint auction, such as the ability for Québec participants to choose to participate with Canadian or U.S. currency. Following the CA-QC Practice Auction, ARB and MDDELCC will confirm that all systems and procedures worked properly and conduct a survey of participants’ experience. Two participant training webinars will be conducted for the CA-QC Practice Auction, one in French and one in English. The webinars will be held prior to the opening of the application period for the CA-QC Practice Auction. Webinar details and the participant training presentation will be posted on the jurisdiction webpages prior to the webinars being held. For further information about participation in the CA-QC Practice Auction: CA entities, please contact Ms. Ashley Dunn at adunn@arb.ca.gov, or (916) 322-7156. QC entities, please contact the Carbon Market division at spede bcc@mddelcc.gouv.qc.ca, or (418) 521-3860, or 1-800-561-1616 option #5. California is in a drought emergency. Visit www.SaveOurH2O.org for water conservation tips. 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, ghg-ver.
