(task) Cap-and-Trade Program | California Air Resources Board

USRS NYRS CARS SFRS SFLRS

4 cover

energy, air, environment, climate change, solution, economics, market
>
> http://www.arb.ca.gov/cc/capandtrade/capandtrade.htm <http://www.arb.ca.gov/cc/capandtrade/capandtrade.htm>
>
>
> Skip to Main Content <http://www.arb.ca.gov/cc/capandtrade/capandtrade.htm#main_content> <http://www.ca.gov/> <http://www.arb.ca.gov/>About ARB <http://www.arb.ca.gov/html/aboutarb.htm> | Calendars <http://www.arb.ca.gov/app/calendar/cal_main.php> | A-Z Index <http://www.arb.ca.gov/html/all.htm> | Contact Us <http://www.arb.ca.gov/html/contact.htm>
> Statewide search: Google Advanced
> A <http://www.arb.ca.gov/cc/capandtrade/capandtrade.htm#> | A <http://www.arb.ca.gov/cc/capandtrade/capandtrade.htm#> | A <http://www.arb.ca.gov/cc/capandtrade/capandtrade.htm#>
> Home
> <http://www.arb.ca.gov/>Reducing Air Pollution
> <>Air Quality
> <>Business Assistance
> <>Laws & Regulations
> <>Health
> <>
> This page last reviewed June 30, 2016
> Cap-and-Trade Program
> <http://www.arb.ca.gov/cc/capandtrade/auction/auction.htm> <http://www.arb.ca.gov/newsrel/newsrelease.php?id=522> <http://www.arb.ca.gov/newsrel/newsrelease.php?id=508> <https://www.wci-citss.org/> <http://www.arb.ca.gov/cc/capandtrade/markettrackingsystem/security_statement.pdf>1 <http://www.arb.ca.gov/cc/capandtrade/capandtrade.htm#>2 <http://www.arb.ca.gov/cc/capandtrade/capandtrade.htm#>3 <http://www.arb.ca.gov/cc/capandtrade/capandtrade.htm#>4 <http://www.arb.ca.gov/cc/capandtrade/capandtrade.htm#>5 <http://www.arb.ca.gov/cc/capandtrade/capandtrade.htm#>
> This website provides information about California's Cap-and-Trade Program that took effect in early 2012. The enforceable compliance obligation <http://www.arb.ca.gov/cc/capandtrade/guidance/20130419%20Guidance%20Document%20Ch%203%20posting.pdf#page=6> began on January 1, 2013, for greenhouse gas (GHG) emissions.
>
> <http://www.arb.ca.gov/cccal/web/index.html>
> Mobile Device Friendly Calendar View <http://www.arb.ca.gov/cccal/web/index.html>
>
>
> Program Implementation Activities:
> CITSS User Registration and Account Setup <http://www.arb.ca.gov/cc/capandtrade/markettrackingsystem/markettrackingsystem.htm#how>Auctions and Reserve Sales Information <http://www.arb.ca.gov/cc/capandtrade/auction/auction.htm>Allowance Allocation <http://www.arb.ca.gov/cc/capandtrade/allowanceallocation/allowanceallocation.htm>Auction Proceeds <http://www.arb.ca.gov/cc/capandtrade/auctionproceeds/auctionproceeds.htm>Compliance Offset Program <http://www.arb.ca.gov/cc/capandtrade/offsets/offsets.htm>Market Monitoring <http://www.arb.ca.gov/cc/capandtrade/marketmonitoring/marketmonitoring.htm>WCI Linkage <http://www.arb.ca.gov/cc/capandtrade/linkage/linkage.htm>Compliance Offset Protocol Review Process <http://www.arb.ca.gov/cc/capandtrade/compliance-offset-protocol-process.pdf>Adaptive Management Plan <http://www.arb.ca.gov/cc/capandtrade/adaptivemanagement/adaptivemanagement.htm>Mandatory Greenhouse Gas Reporting <http://www.arb.ca.gov/cc/reporting/ghg-rep/ghg-rep.htm>Voluntary Renewable Electricity Program <http://www.arb.ca.gov/cc/capandtrade/renewable/renewable.htm>Sector-Based Offset Credits <http://www.arb.ca.gov/cc/capandtrade/sectorbasedoffsets/sectorbasedoffsets.htm>
> Regulation, Guidance, Market Information, Forms, FAQs & Meetings
> Current Regulation and Proposed Regulatory Amendments:
> Current Regulation <http://www.arb.ca.gov/cc/capandtrade/capandtrade/unofficial_ct_030116.pdf>2014 Regulation Documents <http://www.arb.ca.gov/regact/2014/capandtrade14/capandtrade14.htm>2014 Rice/Forestry Protocol Regulation Documents <http://www.arb.ca.gov/regact/2014/capandtradeprf14/capandtradeprf14.htm>2013 Regulation Documents <http://www.arb.ca.gov/regact/2013/capandtrade13/capandtrade13.htm>2012 Regulation Documents <http://www.arb.ca.gov/regact/2012/capandtrade12/capandtrade12.htm>2014 Regulation Supplementary Documents <http://www.arb.ca.gov/cc/capandtrade/offsets/copupdatereferences.htm>2010 Regulation Documents <http://www.arb.ca.gov/regact/2010/capandtrade10/capandtrade10.htm>Public Process <http://www.arb.ca.gov/cc/capandtrade/meetings/meetings.htm>
> Guidance Documents:
> CITSS User Guides and Reference Documents <http://www.arb.ca.gov/cc/capandtrade/markettrackingsystem/markettrackingsystem.htm>Regulatory Guidance Document <http://www.arb.ca.gov/cc/capandtrade/guidance/guidance.htm>Regulatory Guidance on Compliance Instrument Transfers <http://www.arb.ca.gov/cc/capandtrade/guidance/guidance54_trading_compliance_instruments_feb_2015.pdf>Corporate Disclosures Guidance <http://www.arb.ca.gov/cc/capandtrade/guidance/guidance31a_corp_assn_feb_2015.pdf>GHG Emissions Reporting Guidance <http://www.arb.ca.gov/cc/reporting/ghg-rep/guidance/guidance.htm>Auction Application Attestation Guidance <http://www.arb.ca.gov/cc/capandtrade/guidance/attestationguidance.pdf> Early Action Transition Guidance <http://www.arb.ca.gov/cc/capandtrade/guidance/guidance_deadlines_convert_eaoctoarboc.101215.pdf>
> Publicly Available Market Information:
> Compliance Instrument Report <http://www.arb.ca.gov/cc/capandtrade/complianceinstrumentreport.xlsx>CITSS Registrant Report <http://www.arb.ca.gov/cc/capandtrade/citssregistrants063016.pdf>Allocation Data <http://www.arb.ca.gov/cc/capandtrade/allowanceallocation/allowanceallocation.htm>Auction Data <http://www.arb.ca.gov/cc/capandtrade/auction/auction.htm>Compliance Offset Issuance <http://www.arb.ca.gov/cc/capandtrade/offsets/issuance/issuance.htm>Early Action Projects <http://www.arb.ca.gov/cc/capandtrade/offsets/earlyaction/projects.htm>GHG Emissions Data <http://www.arb.ca.gov/cc/reporting/ghg-rep/reported_data/ghg-reports.htm>Estimated State Auction Budget <http://www.arb.ca.gov/cc/capandtrade/stateauction.htm>2013 Compliance Report <http://www.arb.ca.gov/cc/capandtrade/2008-2013ghgemissiondatasummary.pdf>2008-2013 GHG Emission Data Summary <http://www.arb.ca.gov/cc/capandtrade/2008-2013ghgemissiondatasummary.pdf> June 2015 Alert <http://www.arb.ca.gov/cc/capandtrade/2014transferssummary121615.xlsx>Summary Table of Market Transfers Completed in 2014 <http://www.arb.ca.gov/cc/capandtrade/2014transferssummary121615.xlsx>  <http://www.arb.ca.gov/cc/capandtrade/2013-2014compliancereport.xlsx>2013-2014 Compliance Report  <http://www.arb.ca.gov/cc/capandtrade/2013-2014compliancereport.xlsx>
> Download Forms:
> User Registration Forms <http://www.arb.ca.gov/cc/capandtrade/markettrackingsystem/markettrackingsystem.htm#forms>Opt-in Form <http://www.arb.ca.gov/cc/capandtrade/optin_request_form.docx>Know-Your-Customer "Option 2" Attestation Forms <http://www.arb.ca.gov/cc/capandtrade/markettrackingsystem/cap_trade_kyc.pdf>Change Account Representatives Form <http://www.arb.ca.gov/cc/capandtrade/markettrackingsystem/forms/change_reps_form.pdf>Offset Program Forms: Project Listing, Authorized Designee, Reporting, Verification, Early Action and Issuance <http://www.arb.ca.gov/cc/capandtrade/offsets/forms/forms.htm>Publicly Owned Utility or Electricity Cooperative Allocation Distribution Form <http://www.arb.ca.gov/cc/capandtrade/allowanceallocation/pou-co-op_allocation_distribution-form.xlsx>Auction Bid Advisor Form <http://www.arb.ca.gov/cc/capandtrade/auction/auction_bid_advisor_form.docx> Publicly Owned Utility or Electrical Cooperative Allowance Recipient Confirmation Form <http://www.arb.ca.gov/cc/capandtrade/allowanceallocation/pou-co-op_allowance_recipient_confirmation-form.xlsx>Auction Application Attestation Disclosure Form <http://www.arb.ca.gov/cc/capandtrade/auction/forms/auction_app_attestation_disclosure_form.docx> Account Application Forms <http://www.arb.ca.gov/cc/capandtrade/markettrackingsystem/markettrackingsystem.htm#forms>Utility Disclosure Form Section 95914 <http://www.arb.ca.gov/cc/capandtrade/auction/forms/utilitydisclosureform.docx>
> Frequently Asked Questions (FAQs), Fact Sheets and Policy Statements:
> Program Overview <http://www.arb.ca.gov/cc/capandtrade/guidance/cap_trade_overview.pdf>FAQ on Resource Shuffling <http://www.arb.ca.gov/cc/capandtrade/guidance/faq-resource-shuffling.pdf>Protecting the Security of Confidential and Personal Information (Policy Statement) <http://www.arb.ca.gov/cc/capandtrade/markettrackingsystem/security_statement.pdf>Market Oversight and Enforcement (Fact Sheet) <http://www.arb.ca.gov/cc/capandtrade/market_oversight.pdf>Facts: Fuels under the Cap <http://www.arb.ca.gov/cc/capandtrade/guidance/facts_fuels_under_the_cap.pdf>Guidance for Allowance Consignment to Auction <http://www.arb.ca.gov/cc/capandtrade/auction/consignment_guidance.pdf> FAQ for Fuel Purchasers <http://www.arb.ca.gov/cc/capandtrade/guidance/faq_fuel_purchasers.pdf>Linkage (Fact Sheet) <http://www.arb.ca.gov/cc/capandtrade/linkage/linkage_fact_sheet.pdf>FAQ on Multiple Vintage Allowances Offered in the Current Auction <http://www.arb.ca.gov/cc/capandtrade/auction/may-2015/faq.pdf>Holding Limit (Fact Sheet) <http://www.arb.ca.gov/cc/capandtrade/holding_limit.pdf>
> Public Workshops, Training Webinars and Advisory Groups:
> Public Workshops and Meetings <http://www.arb.ca.gov/cc/capandtrade/meetings/meetings.htm>Compliance Instrument Tracking System Service (CITSS) Webinars <http://www.arb.ca.gov/cc/capandtrade/markettrackingsystem/markettrackingsystem.htm#training>Market Simulation Group (MSG) <http://www.arb.ca.gov/cc/capandtrade/simulationgroup/simulationgroup.htm>Emissions Market Assessment Committee (EMAC) <http://www.arb.ca.gov/cc/capandtrade/emissionsmarketassessment/emissionsmarketassessment.htm>Economic and Allocation Advisory Committee (EAAC) <http://www.arb.ca.gov/eaac/index.html>Cap-and-Trade Program Compliance Training <http://www.arb.ca.gov/cc/capandtrade/compliance_training2015.pdf> (PDF)Cap-and-Trade Program Compliance Training <http://www.arb.ca.gov/cc/capandtrade/compliance_training2015_audio.ppsx> (Audio - choose save to play slideshow)
>
> Information about...
> Background Information
> The AB 32 Scoping Plan identifies a cap-and-trade program as one of the strategies California will employ to reduce the greenhouse gas (GHG) emissions that cause climate change. This program will help put California on the path to meet its goal of reducing GHG emissions to 1990 levels by the year 2020, and ultimately achieving an 80% reduction from 1990 levels by 2050. Under cap-and-trade, an overall limit on GHG emissions from capped sectors will be established by the cap-and-trade program and facilities subject to the cap will be able to trade permits (allowances) to emit GHGs.
>
> The California Air Resources Board (ARB) has designed a California cap-and-trade program that is enforceable and meets the requirements of AB 32. The development of this program included a multi-year stakeholder process and consideration of potential impacts on disproportionately impacted communities. The program starts on January 1, 2012, with an enforceable compliance obligation beginning with the 2013 GHG emissions.
>
> California is working closely with British Columbia, Ontario, Quebec and Manitoba through the Western Climate Initiative to develop harmonized cap and trade programs that will deliver cost-effective emission reductions. The WCI jurisdictions have formed a non-profit corporation, WCI, Inc. to provide coordinated and cost-effective administrative and technical support for its participating jurisdictions' emissions trading programs. Just as with other voluntary agreements that ARB establishes with local air districts, states, federal government, and contractors, ARB's agreement <http://www.arb.ca.gov/cc/capandtrade/wci/agreement.htm> with WCI, Inc. does not confer any decision making authority; decisions concerning the ARB's cap-and-trade regulation are made by ARB at the direction of the Board. More details on the organization and operation of WCI, Inc., can be found at: http://www.wci-inc.org/ <http://www.arb.ca.gov/>
> What is Cap-and-Trade?
> Cap-and-trade is a market based regulation that is designed to reduce greenhouse gases (GHGs) from multiple sources. Cap-and-trade sets a firm limit or cap on GHGs and minimize the compliance costs of achieving AB 32 goals. The cap will decline approximately 3 percent each year beginning in 2013. Trading creates incentives to reduce GHGs below allowable levels through investments in clean technologies. With a carbon market, a price on carbon is established for GHGs. Market forces spur technological innovation and investments in clean energy. Cap-and-trade is an environmentally effective and economically efficient response to climate change.
>
>
>
> <http://www.arb.ca.gov/cc/capandtrade/contacts/capandtrade_contacts.htm>For regulation or program questions contact <http://www.arb.ca.gov/cc/capandtrade/contacts/capandtrade_contacts.htm> the Cap-and-Trade Hotline at (916) 322-2037
> News or Press inquiries should be directed to ARB's Public Information Office <mailto:pio@arb.ca.gov> at (916) 322-2990
> Climate Change Programs <http://www.arb.ca.gov/cc/cc.htm>
> <http://www.arb.ca.gov/cc/cc.htm>
>
> View Full Calendar <http://www.arb.ca.gov/cccal/web/calendar.php>
> What's New?
> Draft Proposed Cap-and-Trade Regulation and Staff Report <http://www.arb.ca.gov/cc/capandtrade/draft-ct-reg_071216.pdf>
> Early Action Offsets Deadline <http://www.arb.ca.gov/cc/capandtrade/offsets/earlyaction/early.action.deadline.pdf>
> California Post Joint Auction Public Proceeds Report <http://www.arb.ca.gov/cc/capandtrade/auction/auction.htm#mayauction>
> June 2016 Reserve Sale Will Not Be Held <http://www.arb.ca.gov/cc/capandtrade/auction/auction.htm#june_rs>
> May 2016 Joint Auction #7 Summary Results Report <http://www.arb.ca.gov/cc/capandtrade/auction/auction.htm#mayauction>
> Clean Power Plan Reliability Update Slides Now Available <http://www.arb.ca.gov/cc/powerplants/powerplants.htm>
> Resources
> Informal Public Comments <http://www.arb.ca.gov/cc/capandtrade/comments.htm>
> Board Resolutions <http://www.arb.ca.gov/cc/capandtrade/resolutions/resolutions.htm>
> Join Email List <http://www.arb.ca.gov/listserv/listserv_ind.php?listname=capandtrade>
> Contact Us <http://www.arb.ca.gov/cc/capandtrade/contacts/capandtrade_contacts.htm>
> Live Webcasts <http://www.calepa.ca.gov/broadcast/?BDO=1>
> Registration Process Flow Chart  <http://www.arb.ca.gov/cc/capandtrade/markettrackingsystem/flowchart.pdf>
> Back to Top <http://www.arb.ca.gov/cc/capandtrade/capandtrade.htm#header> | All ARB Contacts <http://www.arb.ca.gov/html/contact.htm> | A-Z Index <http://www.arb.ca.gov/html/all.htm>
> Decisions Pending and Opportunities for Public Participation <http://www.arb.ca.gov/html/decisions.htm>
> Conditions of Use <http://www.arb.ca.gov/html/conditions.htm#conditions> | Privacy Policy <http://www.arb.ca.gov/html/conditions.htm#privacy> | Accessibility <http://www.arb.ca.gov/html/ada/ada.htm> | Bilingual Services Complaints <http://www.arb.ca.gov/eeo/bilingual-services-complaints.htm> | Civil Rights Policy <http://www.arb.ca.gov/eo/civil-rights-policy.htm>
> How to Request Public Records <http://www.arb.ca.gov/html/pubrecsguidelines.htm>
> The Board is one of six boards, departments, and offices under
> the umbrella of the California Environmental Protection Agency.
> Cal/EPA <http://www.calepa.ca.gov/> | ARB <http://www.arb.ca.gov/> | CalRecycle <http://www.calrecycle.ca.gov/> |DPR <http://www.cdpr.ca.gov/> | DTSC <http://www.dtsc.ca.gov/> | OEHHA <http://www.oehha.ca.gov/> | SWRCB <http://www.swrcb.ca.gov/>
> ShareThis <>