Md. Code Regs. 26.09.03.01

Current through Register Vol. 51, No. 21, October 18, 2024
Section 26.09.03.01 - Purpose

The Department shall provide for the award of CO2 offset allowances to project sponsors of CO2 emissions offset projects that have demonstrated a reduction or avoidance of atmospheric loading of CO2, CO2 equivalent, or sequestered carbon. These requirements ensure that the awarded CO2 offset allowances represent real, additional, verifiable, enforceable, and permanent CO2 equivalent emission reductions or carbon sequestration. Subject to the relevant compliance deduction limitations identified in COMAR 26.09.02.03K, CO2 offset allowances may be used by any CO2 budget source for compliance purposes.

Md. Code Regs. 26.09.03.01

Regulation .01 amended effective 45:26 Md. R. 1249, eff. 12/31/2018