N.H. Code Admin. R. Env-A 4703.05

Current through Register No. 25, June 20, 2024

Section Env-A 4703.05 - Maximum Allowance Award Periods

(a) Except as provided in Env-A 4703.06, CO₂ offset allowances awarded by the department pursuant to Env-A 4711 shall be for an initial 10-year allocation period.

(b) At the end of the initial 10-year allocation period, if the project sponsor wishes to obtain an additional allocation, the project sponsor shall submit a consistency application pursuant to Env-A 4704 prior to the expiration of the initial allocation period.

(c) Except as provided in Env-A 4703.06, CO₂ offset allowances awarded by the department pursuant to Env-A 4711 based on an application submitted pursuant to (b), above, shall be for an additional 10-year allocation period.

(d) Except as provided in Env-A 4703.06, an offset project shall not be awarded CO₂ offset allowances for more than a total of 20 allocation years.

N.H. Code Admin. R. Env-A 4703.05

#9481, eff 5-23-09; ss by #10469, eff 1-1-14