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Comment 64 for Proposed Amendments to the Cap-and-Trade Program (cap-trade-draft-ws) - 1st Workshop.


First Name: Bill
Last Name: Buchan
Email Address: buchan@mktpotential.com
Affiliation: Graphic Packaging International, Inc.

Subject: Use of Current Year Allowance for Prior Year Compliance
Comment:
Graphic Packaging International supports the ARBs proposed change 
under 95856 (h)(1)(c) and (2)(c) to allow current year vintage
allowances up to the true-up amount for prior year compliance for
facilities with leakage risk as identified in Table 9-1 of section
95891(b).   We ask that ARB consider enhancing this provision by
removing the true-up amount limitation.   Allowing facilities to
use current year vintage for prior year compliance can provide a
strong cost containment benefit to EITE facilities.  Facilities
could now delay purchases of allowances if they thought future
prices of allowances would be cheaper.  As a facility with leakage
risk, we see our proposed change as a significant means for cost –
containment of cap and trade costs, a very important consideration
for all EITE facilities.   

Attachment: www.arb.ca.gov/lists/com-attach/66-cap-trade-draft-ws-UjMHcwFiBwsCNgU1.docx

Original File Name: ARB 2013 cap and trade comment - Current year allowance for prior year compliance.docx

Date and Time Comment Was Submitted: 2013-08-02 17:11:43



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