Monday, January 14, 2013

arbcombo -- Availability of the Updated 2013 Auction Reserve Price Notice

The California Air Resources Board will make available the
Updated 2013 Annual Auction Reserve Price Notice. The updated
notice specifies the 2013 Auction Reserve Price and the final
number of allowances to be auctioned in 2013 for the quarterly
auctions as part of the Current Auction and Advance Auction.

This annual budget update does NOT change the amount of 2013
vintage allowances for sale in the February 19 auction.

The notice will be published on the ARB website at 12:00 pm
Pacific Time on Tuesday, January 15, 2013.

The 2013 Annual Auction Reserve Price Notice posted on December
3, 2012, included a 2013 auction budget that included State-owned
allowances and a partial accounting of the number of allowances
to be consigned by electricity distribution utilities. Some
public owned utilities (POUs) were provided the flexibility to
defer providing direction until January 1, 2013, on how to
distribute their allowances between their Compliance and Limited
Use Holding Accounts. ARB has now received direction from all
POUs on how to distribute their allowances and the notice has
been updated to reflect the final annual auction budget for 2013
vintage allowances.

The notice will be posted on ARB's website at:
http://www.arb.ca.gov/cc/capandtrade/auction/auction.htm.

If you have any questions on the Updated 2013 Annual Auction
Reserve Price Notice, please contact Chuck Seidler at (916)
324-0931.

For more information on the California Cap-and-Trade Program,
please 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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