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About Commodity Insights
19 Dec 2014 | 11:41 UTC — Houston
Beginning January 5, Platts plans to publish daily assessments for eight types and vintages of sulfur dioxide and nitrogen oxides emission allowances for each year 2015 and 2016 created by the US Environmental Protection Agency's Cross State Air Pollution Rule (CSAPR).
The assessments, which will replace those for 2012 and 2013, respectively, follow a return to relevancy of the federal emissions program due to the lifting of a stay by the US Court of Appeals for the District of Columbia Circuit for the EPA's CSAPR program in October.
Platts has since 2012 -- when a court stay was imposed on the CSAPR program -- published daily values for each year 2012 and 2013 at their last assessed price in 2012.
The new assessments will appear daily in Coal Trader and Megawatt Daily.
For 2015, Group 1 SO2 allowances will be listed under the code ESO2115; Group 2 SO2 allowances will be listed under the code ESO2215; Seasonal NOx allowances will be listed under the code ENOXS15; and Annual NOx allowances will be listed under the code ENOXA15.
For 2016, the codes will be the same except the final digit will be 6.
Platts will expire its daily assessments for its Year 1 CSAPR allowances on the last business day of February of the following year. For example, CSAPR allowances for 2015 and 2016 will be assessed up to and including February 29, 2016. On March 1, 2016, CSAPR allowances for 2016 and 2017 will be assessed daily by Platts.
Please email comments and questions to coal@platts.com with a cc to pricegroup@platts.com. For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing. Platts will consider all comments received and will make comments not marked as confidential available upon request.