What's New List Serve Post Display
Below is the List Serve Post you selected to display.
arbcombo -- Public Information Release of 2015 Summary of Transfers to be Posted on Dec. 9, 2016
Posted: 08 Dec 2016 12:00:22
The California Air Resources Board (ARB) will make available a new summary of Cap-and-Trade Program market activity on December 9, 2016 at noon (12:00 PM) Pacific Time. ARB will release a Summary of Transfers Registered in CITSS by California and Québec Entities in 2015. The release contains a data table providing details on the number of completed transfers, the quantity of compliance instruments transferred between market participants, and the weighted average prices of the transfers. The report will be posted at: http://www.arb.ca.gov/cc/capandtrade/capandtrade.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 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 Québec programs beginning January 1, 2014. The Summary of Transfers table is a joint release between California and Québec. For transfers of allowances, the table provides a breakdown by vintage and whether the transfer was priced or unpriced. Most transactions between independent market participants are conducted at a price that is entered into the transfer request in the Compliance Instrument Tracking System Service (CITSS). These include bilateral transactions and transactions cleared on spot or futures market exchanges. There are also numerous transactions made without an explicit price. These include, for example, transfers between corporate associates, between an electric distribution utility and a generator as part of a power purchase agreement, between publicly-owned utilities, or as part of an agreement that transfers compliance instruments with other products or services. The table contains a separate accounting of transfers of offsets, again with a breakdown between priced and unpriced transfers. Offsets transfers are further broken down by project type. Additional Information If you have any questions about this email or the information contained in the table, please contact Ray Olsson of the Market Monitoring Section, at (916) 322-7615 or rolsson@arb.ca.gov. 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.