The third California Cap-and-Trade Program Compliance Period (CP3) began on January 1, 2018 and ended on December 31, 2020. This Compliance Period includes two annual compliance obligation deadlines, November 1, 2019 (for 2018 emissions) and November 2, 2020 (for 2019 emissions), and one Full Compliance Period Compliance Obligation deadline on November 1, 2021 (Full Compliance Obligation)
This document outlines the key actions that the Primary Account Representative (PAR) and/or an Alternate Account Representative (AAR) should undertake to ensure entities have sufficient compliance instruments (eligible allowances and offset credits) in the compliance account to fulfill the 2018-2020 Full Compliance Obligation.