Section Env-A 4603.04 - Operating Permits The operating permit for each budget source shall contain provisions for implementation of the CO2 budget trading program, as follows:
(a) The requirement that each CO2 budget unit at the source shall hold CO2 allowances available for compliance deductions under Env-A 4605.04, as of the CO2 allowance transfer deadline, in the source's compliance account, in an amount not less than the total CO2 emissions from fossil fuel-fired generation for the control period from all CO2 budget units at the source, less the CO2allowances deducted to meet the requirements of paragraph (b), as determined in accordance with Env-A 4605, Env-A 4607, and Env-A 4609.18; and(b) The requirement that each CO2 budget unit at the source shall hold CO2 allowances available for compliance deductions, as of the CO2 allowance transfer deadline, in the source's compliance account in an amount not less than the total CO2 emissions for the interim control period from all CO2 budget units at the source multiplied by 0.50, as determined in accordance with Env-A 4605 and Env-A 4607.N.H. Code Admin. R. Env-A 4603.04
#9444, eff 4-3-09; ss by #10468, eff 1-1-14
Amended by Volume XL Number 2, Filed January 9, 2020, Proposed by #12967, Effective 1/1/2020, Expires 1/1/2030.