1. Their corporate parent companies,
2. The North American Industry Classification System codes that apply to their facility,
3. And whether or not emissions reported include emissions from a cogeneration unit.

These three reporting requirements would be included in time for the first annual greenhouse gas emissions reports scheduled to be submitted to the Environmental Protection Agency on March 31^st, 2011, and in all years afterwards. The underlying reporting requirement already in place is intended to collect accurate emissions data in order to make informed policy decisions. The current provisions require annual reporting of industrial greenhouse gas emissions from large sources, fossil-fuel suppliers, automobile engine and vehicle manufacturers, and any facilities that emit 25,000 metric tons or more of greenhouse gases in the United States.

The comment period for the rule amendments is currently open. 

For more information visit the EPA’s web-site at:
http://www.epa.gov/climatechange/emissions/proposedrule.html

Comments can also be viewed on www.regulations.gov by inserting the following docket numbers:
EPA-HQ-OAR-2009-0925, EPA-HQ-OAR-2009-0923, EPA-HQ-OAR-2009-0926, or EPA-HQ-OAR-2009-0927.

http://www.rggi.org/docs/Secondary_Market_Report_September_2009.pdf

RGGI futures contracts debuted in August and have been in a $5.50 to $3.50 in price range. Initial prices started in the mid $5 range but steadily slipped as the September auction date approached. It was a “no brainer” to sell futures prior to the auction and buy physical certificates at the auction. Traders playing it right made 25% to 40% return in less than a month.

Prices dipped down to the mid $3 range in the days after the auction but have since trended slightly higher. The next auction by the RGGI States is on December 17, 2008. Previous resistance was in the mid $5 range which is where the market seems to be heading. We will see if the buyers get hurt again by bidding up the futures price. The next auction is for 31,505,898 allowances which is nearly three times the amount of first auction.
Entities can buy or sell RGGI allowances on the Flett Exchange Electronic Trading Platform. Delivery is through the RGGI COATS platform. A Flett Exchange represenative can be reached at 201-209-0234 to open an account.

Flett Exchange operates an electronic marketplace for the Regional Greenhouse Gas Initiative RGGI allowances. Flett Exchange also has voice brokers which can administer OTC trades on RGGI futures and cash trades. The Regional Greenhouse Gas Initiative RGGI is a cooperative effort of ten northeastern states to reduce CO2 emissions. Participating states have pledged to reduce greenhouse gas emissions by power generators 10% below 1990 levels by 2010.

The Regional Greenhouse Gas Initiative (RGGI) is the first mandatory, market based effort in the United States to reduce greenhouse gas emissions. Ten Northeastern and Mid-Atlantic states will cap and then reduce CO2 emissions from the power sector 10% by 2018.

Flett Exchange hosts markets for physically settled commodities on its electronic trading platform. Flett Exchange uses a hybrid model of technology and brokers to assist clients in the valuing and trading various commodity products.