La. Admin. Code tit. 33 § IX-2617

Current through Register Vol. 50, No. 6, June 20, 2024

Section IX-2617 - Requirements for Trading Ratios

A. WQT shall include one or more trading ratios that apply to credits. Ratio components and underlying assumptions shall be clearly documented in the WQT plan.

B. Trading ratios may be used to account for variables associated with a trading project including, but not limited to the following:

1. taking into account risk of project failure;

2. BMP effectiveness;

3. measurement uncertainty;

4. in-stream attenuation of a pollutant between the locations of the generator and the user of credits;

5. temporal variability;

6. pollutant equivalency; and

7. credit retirement for environmental benefit.

La. Admin. Code tit. 33, § IX-2617

Promulgated by the Department of Environmental Quality, Office of the Secretary, Legal Affairs and Criminal Investigations Division, LR 451467 (10/1/2019).

AUTHORITY NOTE: Promulgated in accordance with R.S. 30:2074(B)(9).