The Air Resources Board (ARB) will release Compliance Offset
Credit Regulatory Conformance and Invalidation Guidance on the
ARB website at 12:00 pm (noon) Pacific Time Friday, February
13th. The guidance will be made publicly available here:
http://www.arb.ca.gov/cc/capandtrade/capandtrade.htm
Background
The compliance offset program serves as an important cost
containment feature of the Cap-and-Trade Program. The
Cap-and-Trade Regulation (Regulation) requires projects to be in
regulatory conformance prior to the issuance of compliance offset
credits. And, the Regulation allows ARB to investigate and
invalidate any issued compliance offset credits that were
generated if the offset project activity and implementation of
the offset project was not in accordance with local, state, or
national environmental and health and safety regulations during
the reporting period for which the ARB offset credit was issued.
The guidance document provides additional clarity on the role of
verifiers reviewing projects for regulatory conformance and
additional clarity on the scope of project activities that would
be included in any potential invalidation investigation. ARB
will also provide further offset protocol-specific clarifications
as part of its existing process to update and publicly post FAQs
for the offset program.
California is in a drought emergency.
Visit www.SaveOurH2O.org for water conservation tips.
You are receiving this single arbcombo email because you are a
subscriber to or have made a public comment to one or more of the
following lists: capandtrade, cc, ghg-rep, ghg-ver.
======================================================================
You are subscribed to one of the lists aggregated to make this
particular ARB combination listserve broadcast. To UNSUBSCRIBE:
Please go to http://www.arb.ca.gov/listserv/listserv.php and enter
your email address and click on the button "Display Email Lists."
To unsubscribe, please click inside the appropriate box to uncheck it
and go to the bottom of the screen to submit your request. You will
receive an automatic email message confirming that you have
successfully unsubscribed. Also, please read our listserve disclaimer
at http://www.arb.ca.gov/listserv/disclaim.htm .
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 .
======================================================================
