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newsrel -- Air Resources Board approves amendments strengthening California's cap-and-trade regulation, adds new offset protocol

Posted: 25 Apr 2014 14:27:00
Please consider the following news release from the California
Air Resources Board: http://bit.ly/1rudukh


April 25, 2014



Dave Clegern
(916) 322-2990

Air Resources Board approves amendments strengthening
California’s cap-and-trade regulation, adds new offset protocol

Mine methane capture is newest carbon reduction opportunity
Sacramento — The California Air Resources Board today approved
amendments to the state’s greenhouse gas cap-and-trade program.
The Board also voted to adopt a new protocol that would generate
compliance-grade carbon offsets for mine methane. These
amendments will be effective July 1, 2014.

The amendments will provide additional market oversight and
extend transition assistance for the industrial sector through
the second compliance period (2015-2017) as businesses undertake
needed investments to cut their emissions. 

The Mine Methane Capture offset protocol provides a new
opportunity for achieving compliance-grade greenhouse gas
emissions reductions from sectors which are not under the cap.

Methane now leaking from mines around the country is the
equivalent of 70 million metric tons of carbon dioxide. This
protocol addresses the two primary sources of methane from active
mining: methane released through ventilation shafts, and methane
released from drainage systems. Emission reductions will be
achieved through methane capture and use or destruction of
methane from these sources. Reducing methane is critical because
it can warm the atmosphere more than 20 times as much as carbon

The Mine Methane Capture protocol joins the Forestry, Urban
Forestry, Livestock and Ozone Depleting Substance protocols as a
source of potential offsets under California’s cap-and-trade

Cap-and-trade is part of a suite of AB 32 programs designed to
reduce greenhouse gas emissions 20 percent by 2020. Compliance
with California’s cap-and-trade program began January 1, 2013.
The Air Resources Board approved the regulation in October of

California is in a drought emergency.
Visit www.SaveOurH2O.org for water conservation tips.

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