The Compliance Instrument Tracking System Service (CITSS) is a
market tracking system that will support the implementation of
California's Cap-and-Trade Program. The CITSS provides accounts
for market participants to hold and retire compliance instruments
and to participate in transactions of compliance instruments with
other account holders. Expanded functionality of the CITSS is
anticipated to be released the week of October 8, 2012. Training
webinars on the expanded CITSS functions included in this release
will be held October 16th from 1:00 p.m. to 4:00 p.m. and October
23rd from 9:00 a.m. to 12:00 p.m. The two webinars will present
the same information. Details on the webinars and the link to
register are available on the ARB website at the address above.
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 to
develop systems to support the implementation of California's
Cap-and-Trade Program.
One of the systems being developed is the CITSS which 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.
The CITSS was released for user registration and account
application in July 2012. 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.
Expanded functionality of the CITSS anticipated to be released
the week of October 8, 2012 includes assignment of additional
account representatives and viewing agents, account management,
and compliance instrument transfer activities. The CITSS can be
accessed at https://www.wci-citss.org
For entities with approved accounts, the expanded CITSS functions
will allow approved account representatives to propose additional
account representatives, however, these requests will not be
approved prior to October 15th and will not be effective for the
November Auction.
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
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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