Current through Register Vol. 54, No. 25, June 22, 2024
Section 145.351 - CO[2] Allowance Tracking System (COATS) accounts(a)Nature and function of compliance accounts. Consistent with § 145.352(a) (relating to establishment of accounts), the Department or its agent will establish one compliance account for each CO2 budget source. Allocations of CO2 allowances under §§ 145.341-145.343 (relating to CO2 allowance allocations) and deductions or transfers of CO2 allowances under §§ 145.332, 145.355 and 145.357 (relating to Department action on compliance certifications; compliance; and account error) or §§ 145.361 -145.363 (relating to CO2 allowance transfers) will be recorded in the compliance accounts.(b)Nature and function of general accounts. Consistent with § 145.352(b), the Department or its agent will establish, upon request, a general account for any person. Transfers of CO2 allowances under §§ 145.361-145.363 will be recorded in the general account. This section cited in 25 Pa. Code § 145.302 (relating to definitions); 25 Pa. Code § 145.305 (relating to limited exemption for CO2 budget units with electrical output to the electric grid restricted by permit conditions); 25 Pa. Code § 145.306 (relating to standard requirements); 25 Pa. Code § 145.355 (relating to compliance); 25 Pa. Code § 145.405 (relating to auction participant requirements); and 25 Pa. Code § 145.406 (relating to auction participant qualification).