7 Del. Admin. Code § 1134-11.0

Current through Register Vol. 28, No. 1, July 1, 2024

Section 1134-11.0 - ERC Banking System

11.1 The Department shall establish and maintain an emission banking system that may include, but is not limited to, a computerized register for the following purposes:

11.1.1 Recording emission reductions certified as ERCs;

11.1.2 Tracking the use and trading of ERCs; and

11.1.3 Recording emission reductions contributed to the State for retirement as an air quality benefit pursuant to 8.5 of this regulation.

11.2 The system will include, but is not limited to, the following information:

11.2.1 Name and address of owner, name and address of generator, the geographical location of the source that generated the ERCs, and contact person for the source that generated ERCs;

11.2.2 Number of ERCs generated, in tons per year, by pollutant, and attainment status and nonattainment classification for each pollutant;

11.2.3 Whether the ERC is an ozone season or a non-ozone season ERC;

11.2.4 The effective date that the emission reduction occurred, the duration of the emission reduction, and limitations on the life of the ERCs, if any;

11.2.5 Name and address of owner, and contact person for the source using the ERCs;

11.2.6 Quantity of ERCs used, in ozone season tons per year and in non-ozone season tons per year, by pollutant and attainment status

11.2.7 The intended use (e.g., offsetting or compliance with applicable emission standards).

11.3 Information related to an ERC maintained in the emission banking system shall be available for public review.

10/06/1997

7 Del. Admin. Code § 1134-11.0

22 DE Reg. 405 (11/1/2018) (Final)