On August 1, 2014, OPIS began providing price discovery for the California carbon market in its U.S. West Coast Spot Market Report, estimating the impact of the state’s cap-and-trade regulations on transportation fuels delivered at the rack level. This includes daily price discovery for California Carbon Allowances (CCA) and a daily California Cap-at-the-Rack (CAR) assessment. On October 1, 2014, OPIS began publishing CAR price assessments for gasoline, diesel fuel and biodiesel in the OPIS California Rack Reports.
Click here to view the updated list of how OPIS will reflect the assessed costs associated with cap-and-trade by individual supplier. Reflections will be assumptions used in the adjusted OPIS Rack Reports.
December 12, 2014: Explaining the OPIS Pricing Methodology
Download this updated presentation that explains finalized OPIS methodology changes.
Click here to view the OPIS Methodology for assessing CCA values and calculating CAR values.
Questions? Contact us:
Director of Wholesale Business Development, OPIS
Senior Editor, U.S. West Coast, OPIS
OPIS Customer Service