N.H. Code Admin. R. Env-A 3006.12

Current through Register No. 25, June 20, 2024

Section Env-A 3006.12 - Public Emissions Credits

Public emissions credits obtained by the state pursuant to this chapter shall be used or held for use by the governor and council for meeting any requirement of the SIP, any attainment demonstration under the Act, or for transfer to new or existing stationary sources in the state which require offsets under the Act. In determining the use or transfer of public credits, the governor and council shall consider the following criteria:

(a) Whether the credits will result in job retention, which shall be the highest priority;

(b) Whether the credits will be used for economic development in New Hampshire;

(c) Whether a prospective company offers the best prospects for long-term growth and job creation;

(d) Current New Hampshire businesses shall be given priority over businesses relocating to New Hampshire;

(e) The market value of the credits; and

(f) No less than 75% of public emissions credits generated in serious nonattainment areas shall be applied to requirements applicable in serious nonattainment areas.

N.H. Code Admin. R. Env-A 3006.12

#6441, EXEMPT, eff 1-21-97