Leakage study assessment delays ARB cap-and-trade amendments

By ICIS.

Cap-and-trade amendments will be delayed in order for the state to properly assess an upcoming leakage study, an Air Resources Board (ARB) official told ICIS.

The ARB, the cap-and-trade regulator, has been working to make changes to its programme to formulate a post-2020 plan while also developing a compliance plan for the Environmental Protection Agency’s (EPA’s) Clean Power Plan. 

The ARB is looking at a host of changes to the cap-and-trade programme, including post-2020 caps, further cost-containment mechanisms and future offset rules.

Read more...