N.H. Admin. Code § Env-A 4805.01

Current through Register No. 50, December 12, 2024

Section Env-A 4805.01 - Auction and Secondary Market Monitoring

(a) The department shall direct the regional organization to engage a professional independent auction monitor, such as a certified public accounting firm or similar entity, to observe and report on the conduct and outcome of each auction.

(b) The auction monitor shall:

(1) Monitor each CO₂ allowance auction;

(2) Monitor allowance market data and information, including allowance transactions and associated pricing reported in the CO₂ allowance tracking system and other relevant data and information; and

(3) Develop and apply data collection methods, metrics, and analytic techniques, and thresholds for identifying any bidding behavior or activity that might have a significant impact on the efficiency and performance of such auctions, including, but not limited to, collusion, market power, or price manipulation.

N.H. Admin. Code § Env-A 4805.01

#9284, INTERIM, eff 10-1-08, EXPIRED: 3-30-09

New. #9445, eff 4-3-09; ss by #10470, eff 1-1-14

Amended by Number 24, Filed June 13, 2024, Proposed by #13974, Effective 5/23/2024, Expires 5/23/2034.