N.H. Code Admin. R. Env-A 2903.02

Current through Register No. 25, June 20, 2024
Section Env-A 2903.02 - Holding and Using Allowances
(a) The owner or operator of each affected source shall, no later than the allowance transfer deadline, hold in the appropriate account for that affected source:
(1) A quantity of SO allowances equal to or greater than the total SO emitted from that affected source during the previous year; and
(2) A quantity of NOx allowances equal to or greater than the total NOx emitted from that affected source during the previous year.
(b) To use an allowance for compliance with this chapter in a designated compliance year, the allowance shall be:
(1) Already in a compliance or overdraft account as of the allowance transfer deadline; or
(2) Transferred into the compliance account by an allowance transfer submitted by the allowance transfer deadline.
(c) Allowances shall be allocated, transferred, or used only as whole allowances.
(d) If emissions are not reported in whole numbers, the number of allowances needed for those emissions shall be determined by rounding the tons emitted down to the nearest whole number if the fraction is less than 0.50 and rounding the tons emitted up to the nearest whole number if the fraction is 0.50 or greater.
(e) An allowance shall not be used prior to the year for which the allowance is allocated.

N.H. Code Admin. R. Env-A 2903.02

#7888, eff 5-13-03; ss by #9908, INTERIM, eff 5-13-11, EXPIRES: 11-9-11; ss by #10002, eff 10-1-11

Amended by Volume XL Number 11, Filed March 12, 2020, Proposed by 12995, Effective 2/25/2020, Expires 2/25/2030.