California Code of Regulations › Title 17 - Public Health › Division 3 - Air Resources › Chapter 1 - Air Resources Board › Subchapter 10 - Climate Change › Article 5 - California Cap on Greenhouse Gas Emissions and Market-Based Compliance Mechanisms › Subarticle 13 - ARB Offset Credits and Registry Offset Credits › Section 95981.1 - Process for Issuance of ARB Offset Credits

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
(a) ARB will issue an ARB offset credit for
						GHG reductions and removal enhancements achieved in a Reporting Period for an
						offset project that meets the requirements of sections
						95981(a) and (b)
						to the ARB Issuance Account, no later than 15 calendar days after ARB makes a
						determination pursuant to section
						95981(c), as long
						as all attestations required in section
						95981(d) have
						been received by ARB prior to its determination.
(b) Change of Listing Status at ARB. When ARB
						issues an ARB offset credit for an offset project, the listing status for that
						offset project will be changed from "Active Registry Project" to "Active ARB
						Project" or "Active Registry Renewal" to "Active ARB Renewal" at the Offset
						Project Registry and ARB.
(c)
						Notice of Issuance of ARB Offset Credits. Not later than five working days
						after ARB issues an ARB offset credit pursuant to section
						95981(c), ARB
						will notify the Offset Project Operator or Authorized Project Designee of the
						issuance of ARB offset credits.
(d)
						Requests for Additional Information. ARB may request additional information for
						offset projects submitted through an Offset Project Registry seeking issuance
						of ARB offset credits.
(1) ARB will notify the
						Offset Project Operator, Authorized Project Designee, or other third party
						identified in section
						95981(b) within
						15 calendar days of its determination pursuant to section
						95981(c) if the
						information submitted pursuant to section
						95981(b), (c), and
						(d) is incomplete and request additional
						specific information.
(2) ARB may
						request any additional information from the Offset Project Operator, Authorized
						Project Designee, Offset Project Registry, or verification body before issuing
						ARB offset credits for an offset project that meets the requirements of section
						95981. The Offset Project
						Operator, Authorized Project Designee, Offset Project Registry, or verification
						body must submit the requested information to ARB within 10 calendar days of
						ARB's request.
(3) If ARB
						determines the information submitted in sections
						95981(b),
						95981(c), and
						95981.1(d)(2)
						does not meet the requirements for issuance of ARB offset credits, then ARB may
						deny issuance of ARB offset credits. The Offset Project Operator or Authorized
						Project Designee may petition ARB within 10 days of denial for a review of
						submitted information in sections
						95981(b),
						95981(c), and
						95981.1(d)(2) and
						respond to any issues that prevent the issuance of ARB offset
						credits.
(4) ARB must make a final
						determination within 30 calendar days of receiving the request in section
						95981.1(d)(3) and
						may request additional information from the Offset Project Operator or
						Authorized Project Designee, verification body, or Offset Project Registry.
						This determination made by the Executive Officer is final.