The posted document, "Cap-and-Trade Regulation: Proposed
Benchmarks for Refineries and Related Industries" (refinery
benchmarks document), introduces updated benchmarks for
refineries and related industries and describes their
development. It also includes regulatory language changes from
the informal discussion draft released January 31, 2014.
The refinery benchmarks document can be accessed from our
website:
http://www.arb.ca.gov/cc/capandtrade/capandtrade.htm
Please submit comments on the refinery benchmarks document by
March 7, 2014, via this website:
http://www.arb.ca.gov/cc/capandtrade/comments.htm.
Inquiries concerning this guidance document may be directed to
Mary Jane Coombs, Manager, Program Development Section, at (916)
322-7554.
Background
The California Cap-and-Trade Regulation was formally adopted by
the Board in 2011. In response to Board direction and further
discussions with stakeholders, staff began a public process to
propose amendments for Board consideration in fall 2013.
On September 6, 2013, staff released a Notice of Public Hearing
to Consider Amendments to the California Cap on Greenhouse Gas
Emissions and Market-Based Compliance Mechanisms. Following the
45-day comment period, the Board considered the proposed
amendments at its meeting on October 25, 2013. At this meeting,
the Board approved Resolution 13-44 which directed staff to
consider additional modifications to the proposed amendments to
the Cap-and-Trade Regulation as part of a subsequent 15-day
rulemaking package. Board Resolution 13-44 is posted on the
following website:
http://www.arb.ca.gov/regact/2013/capandtrade13/capandtrade13.htm.
California is in a drought emergency.
Visit www.SaveOurH2O.org for water conservation tips.
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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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