N.H. Code Admin. R. Env-A 4606.06

Current through Register No. 25, June 20, 2024

Section Env-A 4606.06 - Third Adjustment for Banked Allowances

(a) On March 15, 2021, the department shall determine the third adjustment for banked allowances quantity for allocation years 2021 through 2025 in accordance with the following formula:

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(b) For purposes of the above calculation, the abbreviations used shall have the meanings indicated as follows:

(1) "TABA" means the third adjustment for banked allowances quantity in tons;

(2) "TA" means the third adjustment, which is the total quantity of allowances in vintage years prior to 2021 held in general and compliance accounts, including compliance accounts established pursuant to the CO₂₂ Budget Trading Program, but not including accounts opened by participating states, as reflected in the CO₂₂ Allowance Tracking System on March 15, 2021;

(3) "TAE" means the third adjustment emissions, which is the total quantity of 2018, 2019, and 2020 emissions from all CO₂2 budget sources in all participating states, reported pursuant to CO₂₂ Budget Trading Program as reflected in the CO₂₂ Allowance Tracking System on March 15, 2021; and

(4) "RS%" means New Hampshire's 2021 budget divided by the 2021 regional budget.

N.H. Code Admin. R. Env-A 4606.06

#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.