Chapter 173-446 WAC

Last Update: 2/21/24

CLIMATE COMMITMENT ACT PROGRAM RULE

WAC Sections

GENERAL REQUIREMENTS
HTMLPDF173-446-010Purpose.
HTMLPDF173-446-020Definitions.
HTMLPDF173-446-030Applicability.
HTMLPDF173-446-040Covered emissions.
HTMLPDF173-446-050Covered and opt-in entity registration.
HTMLPDF173-446-053Electric utilities registration.
HTMLPDF173-446-055General market participants registration.
HTMLPDF173-446-056Cap and invest consultants and advisors.
HTMLPDF173-446-060New or modified covered entities.
HTMLPDF173-446-070Exiting the program.
HTMLPDF173-446-080Allowances.
PROGRAM ACCOUNT REQUIREMENTS
HTMLPDF173-446-100Program accounts required.
HTMLPDF173-446-105Disclosure of corporate associationsIndicia of corporate association.
HTMLPDF173-446-110Disclosure of corporate associationsTypes of disclosures required.
HTMLPDF173-446-120Disclosure of corporate associationInformation to be submitted.
HTMLPDF173-446-130Designation and certification of account representatives.
HTMLPDF173-446-140Designation of account viewing agents.
HTMLPDF173-446-150Accounts for registered entities.
ALLOWANCE BUDGETS AND DISTRIBUTION OF ALLOWANCES
HTMLPDF173-446-200Total program baseline.
HTMLPDF173-446-210Total program allowance budgets.
HTMLPDF173-446-220Distribution of allowances to emissions-intensive and trade-exposed facilities.
HTMLPDF173-446-230Distribution of allowances to electric utilities.
HTMLPDF173-446-240Distribution of allowances to natural gas utilities.
HTMLPDF173-446-250Removing and retiring allowances.
HTMLPDF173-446-260Allowance distribution dates.
ALLOWANCE AUCTIONS
HTMLPDF173-446-300Auctions of current and prior year allowances.
HTMLPDF173-446-310Public notice.
HTMLPDF173-446-315Registration for an auction.
HTMLPDF173-446-317AuctionsProhibited actions.
HTMLPDF173-446-320Suspension and revocation of registration.
HTMLPDF173-446-325Bid guarantee.
HTMLPDF173-446-330Purchase limits.
HTMLPDF173-446-335Auction floor price and ceiling price.
HTMLPDF173-446-340Emissions containment reserve trigger price.
HTMLPDF173-446-345Administration of auctionLots.
HTMLPDF173-446-350Bids.
HTMLPDF173-446-353Determination of actual maximum bid value.
HTMLPDF173-446-355Maximum bid value in excess of bid guarantee.
HTMLPDF173-446-357Acceptance of bids.
HTMLPDF173-446-360Payment for purchases.
HTMLPDF173-446-362Summary of auction.
HTMLPDF173-446-365Auction of future year allowances.
HTMLPDF173-446-370Allowance price containment reserve account.
HTMLPDF173-446-375Emissions containment reserve account.
HTMLPDF173-446-380Price ceiling units.
HTMLPDF173-446-385Price ceiling unit sales.
HTMLPDF173-446-390Confidentiality.
COMPLIANCE INSTRUMENT TRANSACTIONS
HTMLPDF173-446-400Compliance instruments transactionsGeneral information.
HTMLPDF173-446-410Transfers among registered entitiesProcess.
HTMLPDF173-446-415Transaction requestsInformation required by ecology.
HTMLPDF173-446-420Transfers to a compliance accountProcess.
HTMLPDF173-446-425Transfers of no cost allowances from an electric utility to an electrical generating facility or to a federal power marketing administration.
HTMLPDF173-446-430Transfers of no cost allowances from a utility's holding account to its limited use holding account for consignment to auction.
HTMLPDF173-446-440Compliance instrument transactionsProhibited actions.
OFFSETS
HTMLPDF173-446-500General requirements for ecology offset credits and registry offset credits.
HTMLPDF173-446-505Requirements for compliance offset protocols.
HTMLPDF173-446-510Requirements for offset projects using ecology compliance offset protocols.
HTMLPDF173-446-515Authorized project designee.
HTMLPDF173-446-520Listing of offset projects using ecology compliance offset protocols.
HTMLPDF173-446-525Monitoring, reporting, and record retention requirements for offset projects.
HTMLPDF173-446-530Verification of GHG emission reductions and GHG removal enhancements from offset projects.
HTMLPDF173-446-535Requirements for offset verification services.
HTMLPDF173-446-540Offset verifier and verification body accreditation.
HTMLPDF173-446-545Conflict of interest requirements for verification bodies and offset verifiers for verification of offset project data reports.
HTMLPDF173-446-550Issuance of registry offset credits.
HTMLPDF173-446-555Issuance of ecology offset credits.
HTMLPDF173-446-560Process for issuance of ecology offset credits.
HTMLPDF173-446-565Registration of ecology offset credits.
HTMLPDF173-446-570Forestry offset reversals.
HTMLPDF173-446-575Transferability of ecology offset credits.
HTMLPDF173-446-580Invalidation of ecology offset credits.
HTMLPDF173-446-585Approval requirements for offset project registries.
HTMLPDF173-446-590Offset project registry requirements.
HTMLPDF173-446-595Direct environmental benefits in the state.
COMPLIANCE AND ENFORCEMENT
HTMLPDF173-446-600Compliance obligations.
HTMLPDF173-446-610Enforcement.
HTMLPDF173-446-620Contact information.
SEVERABILITY
HTMLPDF173-446-700Severability.