Cap-and-Trade Workshop: Evaluating Allowance Supply

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Cap-and-Trade Workshop: Evaluating Allowance Supply

The California Air Resources Board (CARB) staff will host a public workshop to hear from experts and the public on evaluating and understanding the impacts of allowance supply on the Post-2020 Cap-and-Trade Program. The workshop will consist of a moderated panel discussion that brings together experts who are familiar with the California Cap-and-Trade Program and emissions trading systems.  Specifically, Board Resolution 18-51 directs staff to quantify and report to the Board, no later than December 31, 2021, the volume of unused allowances from 2013 through 2020, including volumes held in private accounts, and the potential for unused allowances to hinder the ability of the program to help achieve the SB 32 target.  Resolution 18-51 directs staff to hold a public workshop in 2019 to discuss potential methodologies to evaluate this topic.

DATE:                August 16, 2019
TIME:                 1:00 p.m. to 4:00 p.m.
LOCATION:       California Environmental Protection Agency
                          Byron Sher Auditorium 
                          1001 I Street Sacramento, California 95814

All interested stakeholders are invited to attend.  A live webcast of the workshop will be available for those unable to attend in person.


Market Sensitive Information

CARB exercises due diligence to ensure all market influencing information is made available to all stakeholders at the same time and does not intend to release new market data as part of this workshop.


CARB first formally adopted the Regulation in October 2011.  The Board has subsequently adopted limited amendments to the Regulation in June 2012, October 2013, April 2014, September 2014, June 2015, July 2017, and March 2018.  Compliance requirements began January 1, 2013.  The Program linked with Québec, Canada in January 2014. The Regulation was amended in 2018 to conform to the requirements in AB 398.

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