N.H. Code Admin. R. Env-A 4605.01

Current through Register No. 25, June 20, 2024

Section Env-A 4605.01 - CO[2] Allowance Requirements

(a) The owner or operator of each CO₂ budget source and 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, as follows:

(1) 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 CO₂ allowances deducted to meet the requirements of (2) below, with respect to the previous 2 interim control periods, as determined in accordance with Env-A 4605, Env-A 4607, Env-A 4609.18, and (d), below; and

(2) 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.

(b) A CO₂ budget unit shall be subject to the requirements of this section starting by the later of January 1, 2009 or the date on which the unit commences operation.

(c) CO₂ allowances shall be held in, deducted from, or transferred among CO₂ allowance tracking system accounts in accordance with Env-A 4606, Env-A 4607, and Env-A 4608.

(d) For the purpose of determining compliance with this part, total tons of CO₂ emissions for a control period shall be calculated as the sum of all recorded hourly emissions, or the tonnage equivalent of the recorded hourly emissions rates, in accordance with Env-A 4609, with any remaining fraction of a ton equal to or greater than 0.50 ton rounded up to equal one ton and any fraction of a ton less than 0.50 ton rounded down to equal zero tons.

N.H. Code Admin. R. Env-A 4605.01

#9283, INTERIM, eff 10-1-08, EXPIRED: 3-30-09

New. #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.