Greenhouse Gas Allowances and Offset Credits Request For Offers (GHG RFO)

On September 27, 2006, Governor Schwarzenegger signed California Assembly Bill 32 (AB 32), the Global Warming Solutions Act of 2006, which seeks to reduce California’s emissions of greenhouse gases (GHGs) to 1990 levels by the year 2020.

PG&E is issuing this GHG RFO to solicit offers of allowances and/or offset credits to satisfy PG&E’s compliance obligations under the Cap-and-Trade Regulations adopted by the California Air Resources Board (CARB) as part of CARB’s implementation of AB 32.

PG&E requests that sellers that meet the criteria established in the GHG RFO Protocol submit one or more offers to sell allowances and/or offset credits if registered with or pending registration with CARB, as defined by and pursuant to the Cap-and-Trade Regulations.


All times are in Pacific Prevailing Time (PPT)

PG&E issues GHG RFOFebruary 1, 2012
Deadline to submit questions for the Participants’ Webinar to PG&E via email to GHGRFO@pge.comFebruary 8, 2012, 5:00 P.M. PPT
Deadline to submit registration for Participants’ WebinarFebruary 10, 2012, 5:00 P.M. PPT
Participants’ Webinar February 15, 2012
Deadline for Participants to submit completed Offer(s). Offers may be submitted any time after March 1, 2012, but will not be evaluated until after the Deadline.March 8, 2012, 1:00 P.M. PPT
PG&E notifies Shortlisted Participants and requests Shortlist Deposit May 15, 2012
Shortlisted Participants notify PG&E whether they accept shortlist position from PG&E and post Shortlist DepositMay 29, 2012, 5:00 P.M. PPT
Target timeframe for execution of AgreementsJune 15, 2012 and ongoing

Participants' Webinar

PG&E hosted a Participants' Webinar on February 15, 2012. The Webinar materials are available below:

To listen to the Webinar, you will need to open the audio file's URL from your media player.

Offer Submission

Participants may submit multiple offers by providing one Offer Form per offer. When submitting offers, please limit the size of emails to 10 MB (inclusive of attachments). If submitting multiple emails for an offer, please clearly identify the submission by using the convention in the email subject header "Bid ID XXXXXXX 1 of X". The BID ID for an offer may be found on the completed Offer Form. For complete and detailed information about the offer submission process, see the RFO Protocol.

GHG RFO Protocol, Purchase Agreements, and Related Information

Frequently Asked Questions

CARB Reference Materials

For information or questions about PG&E's GHG RFO, email: