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arbcombo -- Agenda and Presentation Posted for July 15 Cap-and-Trade Discussion Draft Workshop Posted: 14 Jul 2011 17:22:57
The agenda and presentation for ARB’s public workshop can be accessed from our website. Please go to: http://www.arb.ca.gov/cc/capandtrade/meetings/meetings.htm The presentation will be given at the July 15, 2011 ARB public workshop to discuss draft changes to the greenhouse gas cap-and-trade and mandatory greenhouse gas reporting regulations. DATE: Friday, July 15, 2011 TIME: 9 am to 3 pm LOCATION: Byron Sher Auditorium, 2nd Floor, Cal/EPA HQ Building, 1001 “I” Street, Sacramento. The workshop will be webcast, which can be accessed using the following website address: http://epanet.ca.gov/Broadcast/ In December 2010, the Board directed ARB staff to finalize a cap-and-trade regulation, and corresponding revisions to the mandatory GHG reporting regulation. The cap-and-trade program covers major sources of GHG emissions in the State such as refineries, power plants, industrial facilities, and transportation fuels. The endorsed regulation includes an enforceable emissions cap that will decline over time. The State will distribute allowances, which are tradable permits, equal to the emissions allowed under the cap. Sources under the cap will need to surrender allowances and offsets equal to their emissions at the end of each compliance period. The discussion draft will propose to initiate the cap-and-trade program in 2012, but start the requirements for compliance in 2013. Under this proposal, the program would have a 2-year first compliance period rather than the 3-year compliance period originally envisioned. No allowances would be issued for 2012, and there would be no compliance obligation for 2012 emissions. Detailed information can be found in the discussion draft. This workshop is meant to provide an opportunity for staff to explain how Board direction is being incorporated into the regulations and for stakeholders to ask questions about the programs. The format of the workshop will be an informal interaction among stakeholders and ARB staff. Staff will also discuss ways to ensure that large industrial sources subject to the recently finalized Energy Efficiency and Co-Benefits Audit regulation be required to take all cost-effective actions identified under those audits. This workshop is occurring outside the confines of the required actions ARB must take to finalize the regulation. As such, comments submitted at the workshop will not be considered as part of the rulemaking record. All interested stakeholders are invited to attend. More information will be posted when available and can be found on the cap-and-trade program website: http://www.arb.ca.gov/cc/capandtrade/capandtrade.htm and the mandatory GHG reporting regulation website: http://www.arb.ca.gov/cc/reporting/ghg-rep/ghg-rep.htm. If you have questions about the cap-and-trade regulation, please call (916) 322-2037. If you have questions about the mandatory GHG reporting regulation, please call (916) 322-5350. 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-dis-verifiers, ghg-rep, ghgverifiers, ghg-ver.