accessed from our website at the following address:
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.
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The energy challenge facing California is real. Every Californian
needs to take immediate action to reduce energy consumption. For
a list of simple ways you can reduce demand and cut your energy
costs, visit the Flex Your Power website at www.fypower.org .
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