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The Offsets Committee will make recommendations on the design and operation of the offset system, including the process for issuing offset credits and the criteria necessary for offset projects to be used to meet compliance obligations within the WCI cap-and-trade program. The Committee will: - Recommend and define the essential elements for the offsets system, including the necessary rules and infrastructure, to create and operate the offset system as part of the cap-and-trade program.
- Recommend standards and a process for accepting offset credits from other GHG trading programs and recognizing emission allowances from other GHG trading systems.
- Coordinate the joint review, development, and approval of offset protocols and initiate the establishment of a process to coordinate the review and recommendation of protocols proposed by project developers.
- In conjunction with any further economic modeling, provide input to the Economic Modeling Team on projected offset supply (tonnes CO2e/year) and costs.
The Offsets Committee will collaborate with the CSAD Committee on accounting methods for ERAs.
The Offsets Committee has divided its 2009 work into the following four tasks: Task 1: Offset System Essential Elements Task 2: Offsets and Allowances from Systems Other than the WCI Task 3: Offset Protocols Task 4: Offset Supply Analysis
Contact information can be found on the Committee Contacts page. For Offsets Committee documents, please refer to the Offsets Document Library.
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