As of the bid guarantee submittal deadline of March 20, 2015, no
covered entities or opt-in covered entities had indicated an
intent to bid and provided a bid guarantee for the April 1, 2015,
greenhouse gas (GHG) allowance reserve sale (April 2015 Reserve
Sale). Therefore, the Air Resources Board (ARB) will not be
holding the April 2015 Reserve Sale.
The next Reserve Sale is scheduled for June 30, 2015. A Reserve
Sale Notice will be posted approximately 30 days prior to the
scheduled date. The number of APCR allowances potentially
available and the tier prices in effect during 2015 are provided
in the 2015 Annual Allowance Price Containment Reserve Notice
available on the ARB Auction Information webpage at
www.arb.ca.gov/auction.
Please note that ARB will no longer be issuing list serve notices
when a determination is made that a reserve sale will not be
held. If there are no qualified applicants or qualified bidders
for any scheduled reserve sale, that reserve sale will not be
held. If a reserve sale will not be held, ARB will post a
notification on the ARB Auction Information webpage no later than
two (2) days prior to the scheduled reserve sale.
Background:
The California Cap-and-Trade Program includes an Allowance Price
Containment Reserve available to California covered entities and
opt-in covered entities in quarterly reserve sales. More
information about the reserve sales is available on the ARB
Auction Information webpage at www.arb.ca.gov/auction.
For further information about reserve sales, please contact Mr.
Chuck Seidler at Charles.Seidler@arb.ca.gov, or (916) 324-0931;
or, Amy Ng at Amy.Ng@arb.ca.gov, or (916) 445-3865.
For questions regarding the California Cap-and-Trade Program,
please contact ARB at (916) 322-7072. Additional information on
the California Cap-and-Trade Program may be obtained on the ARB
Cap-and-Trade Program webpage at
http://www.arb.ca.gov/cc/capandtrade/capandtrade.htm.
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.
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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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