N.H. Code Admin. R. Env-A 4605.04

Current through Register No. 25, June 20, 2024

Section Env-A 4605.04 - Allowances Available for Compliance Deduction

(a) CO₂ allowances that meet the following criteria shall be available to be deducted for compliance with the requirements of Env-A 4605 for a control period or an interim control period:

(1) For CO₂ allowances other than CO₂ offset allowances, the allowances are from allocation years that fall within a prior control period or prior interim control period or the same control period or same interim control period for which the allowances will be deducted; and

(2) The CO₂ allowances are:

a.Held in the CO₂ budget source's compliance account as of the CO₂ allowance transfer deadline for that control period or interim control period; or

b.Transferred into the compliance account by a CO₂ allowance transfer correctly submitted for recordation under Env-A 4608.01 by the CO₂ allowance transfer deadline for that control period or interim control period.

(b) As provided in RSA 125-O:22, II, a CO₂ budget source may use offset allowances for up to 3.3 percent of its compliance obligation.

(c) CO₂ allowances shall not be available for current compliance if the allowances were deducted for excess CO₂ emissions for a prior control period under Env-A 4605.08.

(d) Allowances deducted for the purpose of compliance shall not be available for any other purpose.

N.H. Code Admin. R. Env-A 4605.04

#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.