The California Air Resources Board (ARB) will make available
Cap-and-Trade Program related documents at noon PT on Monday
December 2, 2013.
The materials will include:
• The 2014 Annual Auction Reserve Price Notice,
• Estimated State auction budgets,
• A summary of 2014 vintage industrial allocations by sector,
and
• December 2013 Reserve Sale Notice.
The "2014 Annual Auction Reserve Price Notice" will specify the
2014 Auction Reserve Price, the number of allowances to be
auctioned in 2014 for the quarterly auctions as part of the
Current Auction and Advance Auction, and the prices for each tier
of the Allowance Price Containment Reserve (APCR). The notice
will be posted on ARB's website at:
http://www.arb.ca.gov/cc/capandtrade/auction/auction.htm
An estimate of the State-owned allowances that could be available
for auction by fiscal year will be posted on ARB's website at:
http://www.arb.ca.gov/cc/capandtrade/capandtrade.htm
The summary of 2014 vintage industrial allocation will be
provided by sector. The document will be available at:
http://www.arb.ca.gov/cc/capandtrade/capandtrade.htm
The December 2013 Reserve Sale Notice will be posted to provide
information about participant eligibility, format of the reserve
sale, and APCR allowances offered for sale. The document will be
available at:
http://www.arb.ca.gov/cc/capandtrade/auction/auction.htm
BACKGROUND:
The California Cap on Greenhouse Gas Emissions and Market-Based
Compliance Mechanisms Regulation (Regulation) was adopted by the
California Air Resources Board in October of 2011, and formally
went into effect January 1, 2012. Entities subject to the
Regulation will have a compliance obligation for their greenhouse
gas emissions beginning on January 1, 2013. The Regulation was
amended in early 2013 to link the California and Quebec programs
beginning January 1, 2014.
If you have any questions related to the Cap-and-Trade
Program, please visit "Contact Us"
http://www.arb.ca.gov/cc/capandtrade/contacts/capandtrade_contacts.htm.
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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subscriber to or have made a public comment to one or more of the
following lists: capandtrade, cc, 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 Alert website at www.flexalert.org .
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