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arbcombo -- ARB is providing additional information on corporate associations and consolidated entity accounts under the Cap-and-Trade Program Posted: 17 Aug 2012 17:16:04
Guidance documents on corporate associations and consolidated entity accounts, including a Consolidated Entity Account Form, are now available. This information is available at the following website: http://www.arb.ca.gov/cc/capandtrade/markettrackingsystem/markettrackingsystem.htm. The guidance on corporate associations will aid in the submittal of the information on the Compliance Instrument Tracking System Service (CITSS #3) Corporate Associations and Structure Form generated from the CITSS during the account application process. The guidance on consolidated entity accounts will aid in the submittal of the information on the Consolidated Entity Account Form. The Consolidated Entity Account Form is provided for entities to confirm the creation of a consolidated entity account for entities with which they have a direct corporate association. The form allows for the entities subsumed under a consolidated entity account to confirm their inclusion. The form also allows for entities to opt-out of a consolidated entity account and indicate how the purchase and holding limits will be shared between itself and the consolidated entity account and other opt-outs in the direct corporate association. The processing of the Consolidated Entity Account Forms will not impact the processing and issuance of entity accounts in the CITSS. Participants are advised to submit this information to ARB by September 15th, 2012 to allow ARB sufficient time to consolidate entity accounts prior to the November, 2012 auction. Any entity that will receive allowances from ARB or plans to participate in the auction must have an account in the CITSS. More information about the Cap-and-Trade Program can be found on the California Air Resources Board’s Cap-and-Trade website at: http://www.arb.ca.gov/cc/capandtrade/capandtrade.htm To join the cap-and-trade listserv, please go to: http://www.arb.ca.gov/listserv/listserv_ind.php?listname=capandtrade 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.