Carbon Credit Info
(I Dont Know Exactly How Many Credits Pacific Ethanol Will Be Recieving to Sell for the Last Years Opperation,but they Can Begin Selling them On Nov. 19th)
www.energy.ca.gov/contracts/PON-11-601/00-PON-11-601_Biofuels_Application_Manual.pdf
Request by Pacific Ethanol for the Grant Money
www.energy.ca.gov/business_meetings/2012_packets/2012-10-10/Item_05_Alt_Fuels_OIR/2012-02-22_Joint_Letter_to_Commissioner_Peterman.pdf
The state’s carbon market begins Nov. 14 & Will Create $1 billion in revenue
How California could surpass $1 billion in cap-and-trade auction revenue by 2013 « Legal Planet: Environmental Law and Policy
Renewable Energy Credits
What is a Renewable Energy Credit?
A Renewable Energy Credit (REC) represents the environmental and renewable attributes of renewable electricity. A REC can be sold either "bundled" with the underlying energy or "unbundled", as a separate commodity from the energy itself, into a separate REC trading market.
California law (Public Utilities Code §399.12[f]) defines a REC as:
"a certificate of proof, issued through the accounting system established by the Energy Commission… that one unit of electricity was generated and delivered by an eligible renewable energy resource.
‘Renewable energy credit’ includes all renewable and environmental attributes associated with the production of electricity from the eligible renewable energy resource, except for an emissions reduction credit issued pursuant to Section 40709 of the Health and Safety Code and any credits or payments associated with the reduction of solid waste and treatment benefits created by the utilization of biomass or biogas fuels.”
Neil M. Koehler - Chief Executive Officer, President and Director
OPIS has recently started to post both a dollars per ton and a cents per carbon point. So we're seeing more price discovery, more activity around trading of credits. We expect that to ramp up as well in 2013.
Pg. 5 Of Conf. Call from Q2 2012
Pacific Ethanol Management Discusses Q2 2012 Results - Earnings Call Transcript - Seeking Alpha
OPIS Current Carbon Credit Price Is Located In this Report On Oct. 3rd
www.opisnet.com/market/west_coast_spot.pdf
