Companies weigh merits of joining Climate Action Registry before Dec. 31

By CMTA Staff

Capitol Update, Nov. 16, 2006 Share this on FacebookTweet thisEmail this to a friend

AB 32 (Fabian Nunez, D-Los Angeles), signed into law two months ago, establishes a mandatory cap on greenhouse gas (GHG) emissions – to 1990 levels by 2020 – and requires annual mandatory reporting of GHG emissions for "significant sources."

AB 32 does not define affected entities or sectors.  Those decisions – like so many others relating to the bill – will be left to the California Air Resources Board (ARB) to decide through its rulemaking process.  The bill does, however, provide that mandatory reporting and reduction requirements will begin with the sources that contribute most to statewide emissions.  Previous versions of the bill specifically targeted oil refineries, power plants, landfills and cement manufacturers as significant emitters – language that was later amended out.

While it remains to be seen what ARB will decide as far as reporting protocols, the bill requires ARB to incorporate the standards and protocols developed by the California Climate Action Registry when setting up the mandatory reporting program, and that members reporting to the Registry will have their data recognized and accepted by the state’s future reporting program.

The Registry is a non-profit voluntary listing for GHG emissions, established pursuant to state law, that helps companies and various entities establish GHG emissions baselines against which any future GHG emission reduction requirements may be applied.

AB 32 specifically provides that entities that join the Registry prior to December 31, 2006 and report their emissions according to the Registry’s rules and timeframe "shall not be required to significantly alter their reporting or verification program except as necessary to ensure that reporting is complete and verifiable&ldots;"

To join the Registry, an entity must submit the Registry’s Statement of Intent Form. It is not necessary to have data submitted and certified by December 31, 2006. The Statement of Intent form can be found at:  http://www.climateregistry.org/docs/HOWANDWHY/Statement_of_Intent_051606.pdf

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