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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
AffiliationGraphic Packaging International, Inc.
SubjectUse 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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