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In its Market Oversight Draft Recommendations (issued on April 5, 2010), the Markets Committee identified twelve policy decisions, including whether or not to implement “holdings limits,” limits on the number of allowances or offset certificates any entity could control. The 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. To review and comment on the report, click here. To facilitate deliberations on final recommendations for holding limits, the Committee requests comment on the commissioned report by June 4, 2010. Dr. Harris will present his work and be available to answer questions on May 25, 2010 at 11:00 Pacific Time. For details on the webinar, click here. |
