California Cap-and-Trade Program
GPTKB entity
Statements (35)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
emissions trading scheme
|
| gptkbp:administeredBy |
gptkb:California_Air_Resources_Board
|
| gptkbp:allowanceType |
California Carbon Allowance (CCA)
|
| gptkbp:associatedWith |
Quebec Cap-and-Trade System
|
| gptkbp:auctionFrequency |
quarterly
|
| gptkbp:capDeclineRate |
about 3% per year (2021-2030)
about 4% per year (2013-2020) |
| gptkbp:capDeclinesAnnually |
yes
|
| gptkbp:compliancePeriod |
2013-2020
2021-2030 |
| gptkbp:country |
gptkb:United_States
|
| gptkbp:hasSection |
gptkb:industry
electricity generation natural gas transportation fuels |
| https://www.w3.org/2000/01/rdf-schema#label |
California Cap-and-Trade Program
|
| gptkbp:legalBasis |
California Global Warming Solutions Act of 2006 (AB 32)
|
| gptkbp:market |
cap-and-trade
|
| gptkbp:notableFeature |
first multi-sector cap-and-trade program in North America
includes auction reserve price includes cost containment reserve |
| gptkbp:offsetLimit |
4% of compliance obligation (2021-2025)
6% of compliance obligation (2013-2020) |
| gptkbp:offsetsAllowed |
yes
|
| gptkbp:penalty |
3 allowances per missing allowance plus monetary fine
|
| gptkbp:purpose |
reduce greenhouse gas emissions
|
| gptkbp:revenue |
gptkb:Greenhouse_Gas_Reduction_Fund
|
| gptkbp:startDate |
2013
|
| gptkbp:state |
gptkb:California
|
| gptkbp:website |
https://ww2.arb.ca.gov/our-work/programs/cap-and-trade-program
|
| gptkbp:bfsParent |
gptkb:cap-and-trade_program
gptkb:Carbon_Credits gptkb:Emissions_Trading gptkb:Carbon_Market |
| gptkbp:bfsLayer |
7
|