CMCA is a non-profit association providing an organized platform for carbon market compliance entities and other market participants to come together to share ideas, discuss current issues affecting the market, and seek reasonable resolutions.
Market dynamics are constantly being altered due to numerous factors. Legal challenges, new legislation and regulations from Government bodies, and changes in fundamental supply/demand economics.
Many regulated entities and other market participants do not have the sufficient time or resources to adequately track and monitor all the major market issues affecting their business.
This association provides members with invaluable commercial insight in navigating the labyrinth of regulatory oversight filtering information down to the most pertinent issues affecting our members businesses thus allowing CMCA members to focus their time and energy on their core business operations.
Many government decision makers are open to input from market participants, however, much of the input they receive is disjointed and often comes from multiple parties representing very narrow and individualized issues. CMCA helps provide a united voice in providing commercial and market based insight to key regulatory bodies influencing the market place.
CMCA maintains a focus specifically on the critical issues affecting the carbon market. Currently, there is no similar forum wherein carbon market participants can obtain critical commercial insight along with a detailed understanding of regulatory matters.
Andre Templeman has over 14 years of experience in commodity structuring and origination with Macquarie Bank, Goldman Sachs, Duke Energy and Iberdrola Renewables. He has developed, built and led teams in the WECC and ERCOT while at Macquarie and Goldman Sachs. He has extensive experience developing and executing innovative hedge structures for end users with a specific focus on renewables and natural gas-fired power plants. Andre holds an MBA from the Ivey School of Business at the University of Western Ontario and a BA from York University. Andre has been deeply involved in the Carbon and Renewable markets as they have emerged from a regulatory concept to a full-fledged commodity market.
CALIFORNIA CAP & TRADE
The California carbon market has continued to grow and develop. As state regulators begin to look to develop carbon obligations beyond 2020, CMCA is closly following each proposal and regulatory amendement to keeping its members abreast of market developments.
EPA CARBON REGULATIONS
In June 2013, Pres. Obama directed the EPA to use its authority under Sections 111(b) and 111(d) of the Clean Air Act to develop regulations and procedures reduce the amount of GHGs emitted in the U.S. CMCA members will continue to be involved in the process as the EPA develops these regulations for implementation.
ISSUES WE TRACK
CMCA closely follows major developments in the U.S. carbon markets. Members receive frequent updates on matters affecting their issues of interest and engage in productive dialog to assist market regulators in the development of these markets.
CMCA members receive commercially-relevant information on market developments, changes in market fundamentals, and regulations through periodic market update calls and discounted conference attendance. Members also gain access to a diverse network of market participants, enjoy unified support in speaking with regulatory agency officials about market issues, and professional networking and insight into commercial hedging opportunities/structures. CMCA offers three distinct levels of membership within the association. Preferred Voting Membership, Voting Membership, and Associate Membership.
CMCA MEMBERSHIP IS OPEN TO
End-User Compliance Entities
Academic & Government Institutions
Market Traders & Participants
Financial Institutions & Brokers
Other Stakeholder Entities
IN THE NEWS
A Landmark California Climate Program Is in Jeopardy
Gov. Jerry Brown of California and lawmakers in Sacramento pulled off a huge political feat last summer when they renewed one of the state’s premier climate programs. The governor sought a two-thirds majority to insulate the program from legal challenges, and he got there by winning support from eight Republican lawmakers ... Read More
Cap-and-Trade Extension: Issues for Legislative Oversight
The cap‑and‑trade program is one of the state’s key policies intended to reduce statewide greenhouse gas (GHG) emissions. Recently, the Legislature extended the state’s cap‑and‑trade program from 2020 to 2030 with the passage of Chapter 135 of 2017 (AB 398, E. Garcia). In this report, we provide background information on ... Read More
California's Clean Fuels Standard Poised to Get Even Better
Next month, the California Air Resources Board (CARB) is considering amendments to extend and strengthen the state’s pioneering Low Carbon Fuels Standard (LCFS). The LCFS works in concert with other climate and vehicle policies to cut oil use and transportation emissions by promoting the use of cleaner transportation fuels ranging from biofuels to renewable electricity. ... Read More
Public Workshop Series to Develop the 2022 Scoping Plan Update to Achieve Carbon Neutrality by 2045
Date: June 8th - June 10th, 2021
The California Air Resources Board (CARB or Board), in collaboration with other State agencies, will hold a three-day public workshop series to initiate the development of the update to the AB 32 Climate Change Scoping Plan, which is due in 2022 and will reflect California’s goal to achieve carbon neutrality by 2045.... Learn More