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arbcombo -- Availability of ARB’s Final Determination on Livestock Offset Investigation February 10, 2016
Posted: 09 Feb 2016 13:00:33
The California Air Resources Board (ARB) will release information related to the livestock offset investigation on the ARB website at 12:00 pm (noon) Pacific Time, Wednesday, February 10, 2016. On September 29, 2015, ARB initiated an investigation of compliance offset credits issued for livestock methane destruction events that took place at the T&M Bos Dairy in Fair Oaks, Indiana (Facility). The investigation considered whether these offset credits may have been generated while the facility was not in compliance with air permitting rules of the Indiana Department of Environmental Management’s Office of Air Quality. After careful review of materials provided throughout the course of this investigation, ARB’s Executive Officer has made a final determination regarding these offsets. The final determination will be made publicly available at 12:00 (noon) Pacific Time, February 10, 2016, here: http://www.arb.ca.gov/cc/capandtrade/capandtrade.htm Background ARB has been reviewing whether compliance offset credits issued for livestock methane destruction events that took place at the Facility were generated while the Facility was not in compliance with provisions of air permitting rules issued by the Office of Air Quality in Indiana’s Department of Environmental Management. ARB believes the greenhouse gas reductions represented by the offsets are real, quantified, and verified reductions. The offset program serves as an important cost containment feature of the Cap-and-Trade Program. The Cap-and-Trade Regulation allows ARB to investigate and invalidate any issued compliance offset credits that were generated if the offset project activity and implementation of the offset project was not in accordance with all local, state, or national environmental and health and safety regulations during the reporting period for which the ARB offset credit was issued. During the period of review and until a final determination is issued, ARB has blocked transfers of potentially impacted compliance offset credits. Once ARB blocked the transfer of compliance offset credits under investigation on September 29, 2015, all parties identified as holders of potentially impacted compliance offset credits had 25 calendar days to provide additional information to ARB to aid in the review. ARB also requested specific additional information to aid in its review.On January 13, 2016, issued a notice to commence the Executive Officer’s 30 calendar days period within which to make a final determination whether to invalidate any compliance offset credits subject to review. Any compliance offset credits determined to meet the requirements of the Regulation will no longer be blocked from being transferred. California is in a drought emergency. Visit www.SaveOurH2O.org for water conservation tips. 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, offsets.