Amendments to the California Cap on Greenhouse Gas Emissions and Market-based Compliance Mechanisms Regulation

3 Documents in Project

Summary

SCH Number
2018022044
Lead Agency
Air Resources Board
Document Title
Amendments to the California Cap on Greenhouse Gas Emissions and Market-based Compliance Mechanisms Regulation
Document Type
NOP - Notice of Preperation
Received

Document Description
CARB staff is proposing to amend the Cap-and-Trade Regulation. The Cap-and-Trade Regulation amendments proposed include measures to respond to the direction of Assembly Bill (AB) 398 (Ch. 135, Statutes of 2017). AB 398 provides direction on a post-2020 Cap-and-Trade Program, including changes to the offset usage limit, direction on allowance allocation, and establishing two price containment points and a price ceiling. In response to this and to Board Resolution 17-21, CARB is initiating a new rulemaking to design a post-2020 Cap-and-Trade Program that conforms to AB 398 requirements. Additional amendments to clarify and improve the Regulation also may be proposed.

Contact Information
Rebecca Fancher
Air Resources Board
1001 I St.
Sacramento, CA 95814

Phone : (916) 324-1550

Location

Regions
Statewide

Notice of Completion

Review Period Start
Review Period End
Reviewing Agencies
Air Resources Board Cal Fire California Department of Parks and Recreation Department of Fish and Wildlife, Headquarters Department of Toxic Substances Control Office of Emergency Services, California Resources Agency Resources, Recycling and Recovery State Water Resources Control Board, Division of Water Quality Native American Heritage Commission
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