The California Air Resources Board's (ARB) California
cap-and-trade program became effective on January 1, 2012, with
an enforceable compliance obligation beginning with calendar year
2013 Greenhouse Gas (GHG) emissions.
California is working with WCI Partner jurisdictions and WCI,
Inc. to develop systems to support the common goals of developing
a regional program and the implementation of state and provincial
GHG trading programs, including California's cap-and-trade
program.
One of the systems being developed is the Compliance Instrument
Tracking System Service (CITSS). The CITSS is the record of
ownership of compliance instruments; records information related
to accounts; enables and records compliance instrument transfers;
facilitates compliance verification; and supports market
oversight through the collection of relevant information.
There are two primary components to the CITSS in the first
release: user registration and account application. User
registration is required in the CITSS prior to applying for
entity compliance instrument accounts. Compliance instrument
accounts must be established before an entity can apply to
participate in the November GHG allowance auction.
Today, July 9, 2012, the CITSS is being released for
Cap-and-Trade User Registration and Compliance Instrument Account
Application activities. The CITSS can be accessed at
https://www.wci-citss.org
For entities or individuals that intend to participate in the
November 2012 auction:
ARB recommends that
(1) CITSS user registration for their account representatives be
completed as quickly as possible, and no later than August 1,
2012; and
(2) CITSS account application be completed no later than
September 1, 2012.
Following these deadlines will better ensure that necessary time
is available for CITSS user registration and for account
application approval required to participate in the November GHG
allowance auction.
To support California's program implementation, the CITSS will be
released in phases. User registration and account application
functions are now available in Release 1. Additional CITSS
functions such as allowance issuance and transfer are expected to
be in Release 2 available in September of 2012.
Training:
Training materials supporting the use of the CITSS and more
information on the webinars are available on the ARB website at
http://www.arb.ca.gov/cc/capandtrade/markettrackingsystem/markettrackingsystem.htm
Training webinars on CITSS User Registration and Account
Applications will be held July 16th and 19th from 9:00 a.m. to
12:00 p.m.
ARB Support:
ARB has established a Help Desk to support the CITSS User
Registration and Compliance Instrument Account Application. It
can be reached at CACITSSHelpDesk@arb.ca.gov or by phone at (916)
324-7659.
For more information, go to:
http://www.arb.ca.gov/cc/capandtrade/capandtrade.htm
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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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