< return to the documents list

Document Details

Document Title:Report on Holdings Limits
Comment Period:Thursday, 13 May 2010 through Friday, 04 June 2010
Document Description:

The Western Climate Initiative Partners have expressed an interest in effective market oversight to ensure an efficient and transparent carbon market. The WCI’s Markets Committee issued a Market Oversight White Paper in November, 2009, and Draft Recommendations April 1, 2010. 

The Draft Recommendations document identified twelve market oversight policy decisions. One of the identified decisions was whether or not to implement “holdings limits,” limits on the number of allowances or offset certificates any entity could control. WCI Partners commissioned a consultant’s report on this issue, to review the history, theory, and use of similar limits in other markets, as well as recommendations on their use in a regional cap-and-trade program. The Partners contracted with Dr. Jeffrey H. Harris of the University of Delaware to provide the report and recommendations.

The WCI Partners intend to release final recommendations, including a recommendation on holdings limits, by June 30, 2010. To facilitate its deliberations, the Committee invites comment on this commissioned report by June 4, 2010.

For questions regarding comment submittal:Mark Wenzel
Posted By:Markets Committee

View Document


Comment AuthorOrganizationDate Posted
John Busterud Pacific Gas and Electric CompanyThursday, 03 June 2010
Brian McQuown RRI Energy, Inc.Friday, 04 June 2010
Steve Huhman Morgan Stanley Capital Group Inc.Friday, 04 June 2010
Lily Mitchell Southern California Public Power AuthoritySaturday, 05 June 2010
Hannah Mellman International Emissions Trading AssociationMonday, 07 June 2010
Michaeleen Mason Western States Petroleum AssociationSaturday, 26 June 2010