California cap-and-trade reporting: how’s that going?

| 11/20/2009

The California Air Resources Board says 591 out of 605 facilities that are required to report their greenhouse gas emissions completed the reports in 2008, and CARB staff is “working with the remaining facilities” to complete their reporting by December.

California’s Cap and Trade program is part of the state’s Global Warming Solutions Act that Gov. Arnold Schwarzenegger signed in 2006.

Several of CARB’s emissions-based programs, including cap and trade and cash for clunkers, have been implemented or proposed at the federal level.

The state cap-and-trade program requires that all stationary sources that emit at least 25,000 metric tons of carbon dioxide annually submit their annual emissions to CARB. Stationary sources include cement plants, oil refineries, electricity retail providers and marketers, and hydrogen plants. Electricity generating and cogeneration plants with 1 megawatt capacity and higher must also report their emissions.

“Our reporting and verification program will ensure that reductions in greenhouse gas emissions from the state’s largest facilities are accurate and credible,” said CARB Chairman Mary Nichols, according to a statement.

– by Charlie Morasch, staff writer