Cal. Code Regs. Tit. 17, § 95980.1 - Process for Issuance of Registry Offset Credits
(a) An Offset Project Registry may issue a
registry offset credit that meets the requirements of sections
95980(a) and (b)
to an Offset Project Operator, Authorized Project Designee, or any other third
party authorized by the Offset Project Operator or Authorized Project Designee
to receive registry offset credits, no later than 15 calendar days after an
Offset Project Registry makes a determination pursuant to section
95980(b).
(b) Change of Listing Status at the Offset
Project Registry. When an Offset Project Registry issues a registry offset
credit for an offset project, the listing status for that offset project will
be changed to either "Active Registry Project" or "Active Registry Renewal" at
the Offset Project Registry and ARB.
(c) Notice of Determination of Issuance of
Registry Offset Credits. Not later than 15 calendar days after an Offset
Project Registry issues a registry offset credit, an Offset Project Registry
will notify the Offset Project Operator, Authorized Project Designee, or any
other third party authorized by the Offset Project Operator of the
issuance.
(d) Requests for
Additional Information. An Offset Project Registry may request additional
information for offset projects seeking issuance of registry offset credits
from the Offset Project Operator, Authorized Project Designee or verification
body.
(1) An Offset Project Registry may
request any additional information from the Offset Project Operator, Authorized
Project Designee, if applicable, or the verification body within the timeframe
specified in section
95980(b) before
issuing registry offset credits for an offset project that meets the
requirements of sections
95980(a) and
(b).
(2) If an Offset Project Registry determines
the information submitted pursuant to sections
95980(a),
95980(b), and
95980.1(d)(2)
does not meet the requirements for issuance of registry offset credits, an
Offset Project Registry must deny issuance of registry offset credits. The
Offset Project Operator or Authorized Project Designee may petition an Offset
Project Registry within 10 days of denial for a review of the information
submitted pursuant to sections
95980(a),
95980(b), and
95980.1(d)(2) and
respond to any issues that prevent the issuance of registry offset
credits.
(3) An Offset Project
Registry must make a final determination within 30 calendar days of receiving
the Offset Project Operator's or Authorized Project Designee's request in
section 95980.1(d)(2) and
may request additional information from the Offset Project Operator, Authorized
Project Designee, if applicable, or verification body.
(4) If an Offset Project Registry determines
not to issue registry offset credits, the Offset Project Registry must submit a
detailed report to ARB that describes why they came to a negative
determination.
(5) If an Offset
Project Registry determines not to issue registry offset credits, the Offset
Project Operator or Authorized Project Designee may request that ARB make a
final determination on whether the GHG reductions or removal enhancements
achieved by the offset project meet the requirements for registry offset credit
issuance. In making this determination, ARB may consult with the Offset Project
Operator, Authorized Project Designee, if applicable, verification body, and
Offset Project Registry before making the final determination.
(6) If after reviewing all of the
information, ARB determines that the GHG reductions or removal enhancements
meet the requirements for registry offset credit issuance, the Offset Project
Registry will issue registry offset credits in the amount of GHG reductions or
removal enhancements verified to have been achieved by the offset project for
the applicable Reporting Period(s).
(e) At the time of issuance or after
notifying the Offset Project Operator, Authorized Project Designee, or any
other third party authorized by the Offset Project Operator to receive registry
offset credits, of the issuance, the Offset Project Registry will create a
unique serial number for each registry offset credit.
Notes
2. Amendment of subsections (a) and (c), new subsections (d)-(d)(6), subsection relettering and amendment of newly designated subsection (e) filed 6-26-2014; operative 7-1-2014 pursuant to Government Code section 11343.4(b)(3) (Register 2014, No. 26).
3. Amendment of subsection (a) filed 9-18-2017; operative 10-1-2017 pursuant to Government Code section 11343.4(b)(3) (Register 2017, No. 38).
Note: Authority cited: Sections 38510, 38560, 38562, 38570, 38571, 38580, 39600 and 39601, Health and Safety Code. Reference: Sections 38530, 38560.5, 38564, 38565, 38570 and 39600, Health and Safety Code.
2. Amendment of subsections (a) and (c), new subsections (d)-(d)(6), subsection relettering and amendment of newly designated subsection (e) filed 6-26-2014; operative
3. Amendment of subsection (a) filed 9-18-2017; operative
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