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As of the reserve sale application deadline of September 9, 2014,
no covered entities or opt-in entities had indicated an intent to
bid at the September 2014 reserve sale.  Therefore, the Air
Resources Board will not be holding the reserve sale scheduled
for September 29, 2014. 

The next reserve sale is scheduled for December 31, 2014.  A
notice for that reserve sale will be posted approximately 30 days
prior to the scheduled date.  All allowances for the September
2014 reserve sale will be made available at the December 2014
reserve sale.

Background: 

The California Cap-and-Trade Program includes an Allowance Price
Containment Reserve available to California covered entities and
opt-in covered entities in quarterly reserve sales.  More
information about the reserve sales can be found at:
http://www.arb.ca.gov/cc/capandtrade/auction/auction.htm. 

For further information about reserve sales, please contact Mr.
Chuck Seidler at cseidler@arb.ca.gov, or (916)324-0931; or,
Ashley Dunn at adunn@arb.ca.gov, or (916)322-7156. 

For questions regarding the California GHG Cap-and-Trade Program,
please contact the California Air Resources Board at (916)
322-0289. For more information on the California Cap-and-Trade
Program, please go to:
http://www.arb.ca.gov/cc/capandtrade/capandtrade.htm.


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

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