N.H. Code Admin. R. Env-A 3205.02

Current through Register No. 25, June 20, 2024
Section Env-A 3205.02 - Statewide Total Allowances
(a) The department shall allocate 2,400 allowances to budget sources for each control period.
(b) Subject to (c) and (d) below, the department shall retain 600 allowances in a multi-purpose set-aside account for the control period each year for purposes of the following, in order of priority:
(1) Allocation of some or all of the allowances to end-use efficiency projects, non-emitting generating systems, or renewable energy projects pursuant to Env-A 3205.06;
(2) Banking;
(3) Auctioning some or all of the allowances; and
(4) Retiring some or all of the allowances for the purpose of environmental benefit.
(c) In accordance with RSA 125-J:4-b and RSA 125-J:12,II, any proposed allocation of allowances from the multi-purpose set-aside account pursuant to (b)(4) or (5) above, shall be submitted to the air pollution advisory committee for review and recommendation at least 30 days prior to the allocation.
(d) The department shall retire a minimum of 100 allowances from the multi-purpose set-aside account for the purpose of environmental benefit for each control period.

N.H. Code Admin. R. Env-A 3205.02

Derived From Volume XXXVI Number 01, Filed January 7, 2016, Proposed by #11001, Effective 1/1/2016, Expires 1/1/2026.