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