Wash. Admin. Code ch. 173-446 – Climate Commitment Act Program Rule | Midpage

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Washington Administrative Code (WAC)

Chapter 446

Wash. Admin. Code ch. 173-446

Climate Commitment Act Program Rule

ECOLOGY, DEPARTMENT OF

173-446-010Purpose 173-446-020Definitions 173-446-030Applicability 173-446-040Covered emissions 173-446-050Covered and opt-in entity registration 173-446-053Electric utilities registration 173-446-055General market participants registration 173-446-056Cap and invest consultants and advisors 173-446-060New or modified covered entities 173-446-070Exiting the program 173-446-080Allowances 173-446-100Program accounts required 173-446-105Disclosure of corporate associations—Indicia of corporate association 173-446-110Disclosure of corporate associations—Types of disclosures required 173-446-120Disclosure of corporate association—Information to be submitted 173-446-130Designation and certification of account representatives 173-446-140Designation of account viewing agents 173-446-150Accounts for registered entities 173-446-200Total program baseline 173-446-210Total program allowance budgets 173-446-220Distribution of allowances to emissions-intensive and trade-exposed facilities 173-446-230Distribution of allowances to electric utilities 173-446-240Distribution of allowances to natural gas utilities 173-446-250Removing and retiring allowances 173-446-260Allowance distribution dates 173-446-300Auctions of current and prior year allowances 173-446-310Public notice 173-446-315Registration for an auction 173-446-317Auctions—Prohibited actions 173-446-320Suspension and revocation of registration 173-446-325Bid guarantee 173-446-330Purchase limits 173-446-335Auction floor price and ceiling price 173-446-340Emissions containment reserve trigger price 173-446-345Administration of auction—Lots 173-446-350Bids 173-446-353Determination of actual maximum bid value 173-446-355Maximum bid value in excess of bid guarantee 173-446-357Acceptance of bids 173-446-360Payment for purchases 173-446-362Summary of auction 173-446-365Auction of future year allowances 173-446-370Allowance price containment reserve account 173-446-375Emissions containment reserve account 173-446-380Price ceiling units 173-446-385Price ceiling unit sales 173-446-390Confidentiality 173-446-400Compliance instruments transactions—General information 173-446-410Transfers among registered entities—Process 173-446-415Transaction requests—Information required by ecology 173-446-420Transfers to a compliance account—Process 173-446-425Transfers of no cost allowances from an electric utility to an electrical generating facility or to a federal power marketing administration 173-446-430Transfers of no cost allowances from a utility's holding account to its limited use holding account for consignment to auction 173-446-440Compliance instrument transactions—Prohibited actions 173-446-500General requirements for ecology offset credits and registry offset credits 173-446-505Requirements for compliance offset protocols 173-446-510Requirements for offset projects using ecology compliance offset protocols 173-446-515Authorized project designee 173-446-520Listing of offset projects using ecology compliance offset protocols 173-446-525Monitoring, reporting, and record retention requirements for offset projects 173-446-530Verification of GHG emission reductions and GHG removal enhancements from offset projects 173-446-535Requirements for offset verification services 173-446-540Offset verifier and verification body accreditation 173-446-545Conflict of interest requirements for verification bodies and offset verifiers for verification of offset project data reports 173-446-550Issuance of registry offset credits 173-446-555Issuance of ecology offset credits 173-446-560Process for issuance of ecology offset credits 173-446-565Registration of ecology offset credits 173-446-570Forestry offset reversals 173-446-575Transferability of ecology offset credits 173-446-580Invalidation of ecology offset credits 173-446-585Approval requirements for offset project registries 173-446-590Offset project registry requirements 173-446-595Direct environmental benefits in the state 173-446-600Compliance obligations 173-446-610Enforcement 173-446-620Contact information 173-446-700Severability