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 95980.1 - Process for Issuance of Registry Offset Credits

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
(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).