Examples of WCI Partner in a sentence
A regional program operated through separate services operated or procured by multiple WCI Partner jurisdictions would create weaknesses that could be exploited and create greater potential for market manipulation.
The number of entities with compliance obligations is anticipated to be in the hundreds, with the number of entities increasing as WCI Partner jurisdictions join the regional market.
Establishing and implementing a California and regional GHG cap-and-trade program by January 1, 2012 requires ARB and WCI Partner jurisdictions to establish a number of services for market operation and monitoring.
By expanding California’s market to include the WCI Partner jurisdictions, the regional market will generate greater potential for lower cost emissions reductions, enhance market liquidity, and would likely reduce the compliance costs of covered sources than could be realized through a California-only program.
A regional program provides for a cap to be set separately by each WCI Partner jurisdiction, not just California, resulting in limits on GHG emissions and advancing the broad- based solution needed to reduce climate changing emissions.
Several WCI Partner jurisdictions are considering implementing GHG cap-and trade programs and linking them to form a regional market for compliance instruments.
Therefore, all the WCI Partner jurisdictions will continue to examine a wide range of complementary policies, including regulations, laws, and other measures at the state and provincial level as part of the analyses for a cap-and-trade approach.
California expects to contract for services to conduct necessary cap-and-trade functions but is also working towards a regional administration of the Program with the WCI Partner jurisdictions.
As one purpose of this RFP is for California to work with the service providers to ensure the services provided also support the common goals of the other WCI Partner jurisdictions in developing a regional program, the Plan must include how market monitor services would be designed with the capacity for growth to accommodate potential linkage with cap-and-trade programs in other WCI Partner jurisdictions.
The Plan must include descriptions of the techniques and procedures for detecting market anomalies; procedures for responding to anomalies; and procedures for interacting with relevant ARB and WCI Partner jurisdiction staff.