The questions and answers provide a general overview for the bidding community and the public to understand the GHG allowance auction and reserve sale process and how to use the Auction Platform. For additional information on how to participate in the next GHG allowance auction or reserve sale, please refer to the most recent Auction or Reserve Sale Notice and the Auction Guide.
If you have other questions about the Auction Platform, please submit your question in the space provided on the right side of this page. For all other questions regarding the California Cap-and-Trade Program, please contact the California Air Resources Board Hotline at (916) 322-2037.
Yes, prior to each auction or reserve sale, applicants must be approved based on determination of eligibility.
Yes, an entity incorporated outside of the United States can participate and bid in GHG allowance auctions and reserve sales as long as that entity meets all CITSS account requirements.
All auction or reserve sale applicants will have their application information stored and carried over for each auction or reserve sale. However, all applicants will be required to confirm their intent to bid and the accuracy of their auction or reserve sale application information prior to the end of the application period for each auction or reserve sale in which an entity intends to participate. For the date an intent to bid is required to be submitted for an auction or reserve sale, please refer to the Auction or Reserve Sale Notice published prior to each auction or reserve sale.
The schedule for each GHG allowance auction and reserve sale will be provided in the posted Auction or Reserve Sale Notice.