N.H. Code Admin. R. Env-A 4605.06

Current through Register No. 25, June 20, 2024

Section Env-A 4605.06 - Identification of Available CO[2] Allowances by Serial Number; Default Compliance Deductions

(a) The CO₂ AAR for a source's compliance account may request that specific CO₂ allowances in the compliance account, identified by serial number, be deducted for emissions or excess CO₂ emissions for a control period or an interim control period in accordance with Env-A 4605.05 or Env-A 4605.08. Such identification shall be made in the compliance certification report submitted in accordance with Env-A 4605.09.

(b) In the absence of an identification or in the case of a partial identification of available CO₂ allowances by serial number under (a), above, the regional organization shall deduct CO₂ allowances for a control period or an interim control period from the CO₂ budget source's compliance account in the following order:

(1) First, CO₂ offset allowances, subject to the relevant compliance deduction limitations under Env-A 4605.04(b) and Env-A 4605.08, as follows:

a.CO₂ offset allowances shall be deducted in chronological order, such that CO₂ offset allowances from earlier allocation years shall be deducted before CO₂ offset allowances from later allocation years; and

b.In the event that some, but not all, CO₂ offset allowances from a particular allocation year are to be deducted, CO₂ offset allowances shall be deducted by serial number, with lower serial number allowances deducted before higher serial number allowances; and

(2) Then, any CO₂ allowances other than CO₂ offset allowances that are available for deduction under the provisions of Env-A 4605.04(a), as follows:

a.CO₂ allowances shall be deducted in chronological order, such that CO₂ allowances from earlier allocation years shall be deducted before CO₂ allowances from later allocation years; and

b.In the event that some, but not all, CO₂ allowances from a particular allocation year are to be deducted, CO₂ allowances shall be deducted by serial number, with lower serial number allowances deducted before higher serial number allowances.

N.H. Code Admin. R. Env-A 4605.06

#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.