N.H. Admin. Code § Env-A 4703.06

Current through Register No. 45, November 7, 2024

Section Env-A 4703.06 - Maximum Allowance Award Periods for Forest Offset Projects

(a) CO₂ offset allowances awarded pursuant to Env-A 4711 for any forest offset project shall be for an initial 25-year allocation period.

(b) At the end of the initial 25-year allocation period, or any subsequent allocation period, if the project sponsor wishes to obtain an additional allocation, the project sponsor shall submit a consistency application for the forest offset project pursuant to the requirements of Env-A 4704 prior to the expiration of the initial allocation period.

(c) 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 25-year allocation period.

N.H. Admin. Code § Env-A 4703.06

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