Statutes, codes, and regulations
New York Codes, Rules and Regulations
Title 6 - DEPARTMENT OF ENVIRONMENTAL CONSERVATIONChapter III - AIR RESOURCESSubchapter A - PREVENTION AND CONTROL OF AIR CONTAMINATION AND AIR POLLUTIONPart 242 - CO[2] Budget Trading Program
Subpart 242-6 - CO[2] ALLOWANCE TRACKING SYSTEM
Section 242-6.1 - CO[2] Allowance Tracking System accounts

N.Y. Comp. Codes R. & Regs. Tit. 6 §§ 242-6.1

Download
PDF
Current through Register Vol. 46, No. 51, December 18, 2024
Section 242-6.1 - CO[2] Allowance Tracking System accounts
(a) 'Nature and function of compliance accounts'. Consistent with subdivision 242-6.2(a) of this Subpart, the department or its agent will establish one compliance account for each CO2 budget source. Deductions or transfers of CO2 allowances pursuant to sections 242-4.2 of this Part, 242-6.5, 242-6.7 of this Subpart, or Subpart 242-7 of this Part will be recorded in the compliance accounts in accordance with this Subpart.
(b) 'Nature and function of general accounts'. Consistent with subdivision 242-6.2(b) of this Subpart, the department or its agent will establish, upon request, a general account for any person. Transfers of CO2 allowances pursuant to Subpart 242-7 of this Part will be recorded in the general account in accordance with this Subpart.

N.Y. Comp. Codes R. & Regs. Tit. 6 §§ 242-6.1

Amended New York State Register December 16, 2020/Volume XLII, Issue 50, eff. 12/31/2020