Section 250-RICR-120-05-9.15 - Banking of EmissionsA. The Director may credit a source with emission reductions that may be used at a later date for the purposes of meeting the emission offset provisions of §9.8.1(B)(3) of this Part.B. Emission reductions may not be banked by a source without prior approval of the Director and will be subject to the following conditions: 1. A request for banking emission reductions must provide information that demonstrates the nature of these reductions.2. Emission reductions achieved prior to January 1, 1990, will not be subject to banking.3. Emission reductions achieved during the time period between January 1, 1990, and March 24, 1993, may be banked providing the source can present to the Director an adequate demonstration of emission reductions.4. Emission reductions achieved after March 24, 1993, may be banked if a request is submitted to the Director within six (6) months of the emission reduction.5. Emission reductions shall be included as a condition of a federally enforceable permit.6. Emission reductions must be achieved by a manner outlined in §9.8.2(A) of this Part.C. The Director shall notify the source of the approved emission reductions that are banked.D. The Director shall maintain a file of approved banked emissions. The file shall be available for inspection during normal office hours given adequate notice.E. Emission reductions may not be transferred unless approved in writing in advance by the Director.250 R.I. Code R. 250-RICR-120-05-9.15