N.H. Admin. Code § Env-A 4605.02

Current through Register No. 50, December 12, 2024
Section Env-A 4605.02 - CO[2] Allowance Limitations
(a) A CO2 allowance shall be a limited authorization to emit one ton of CO2 in accordance with the CO2 budget trading program.
(b) A CO2 allowance shall not be deducted, in order to comply with the requirements of Env-A 4605.01(a), for a control period or interim control period that ends prior to the year for which the CO2 allowance was allocated.
(c) A CO2offset allowance shall not be deducted, in order to comply with the requirements of Env-A 4605.01(a), beyond the applicable percent limitations set out in Env-A 4605.04(b).
(d) Subject to (e) and (f), below, no provision of the CO2 budget trading program, the CO2 budget permit application, or the CO2 budget permit shall be construed to limit the authority of the department to terminate or limit such authorization.
(e) The department shall include information on any terminations or limitations in the report required by RSA 125-O:21, VI, to the air pollution advisory committee and the legislative oversight committee on electric utility restructuring established under RSA 374-F:5.
(f) The authority of the department shall be limited as specified in RSA 125-O:22, VII and RSA 125-O:24, VIII, and in accordance with RSA 125-O:22, VI relative to CO2 budget allowances allocated from the emergency set-aside account under Env-A 4606.11.
(g) A CO2 allowance shall not constitute a property right.

N.H. Admin. Code § Env-A 4605.02

#9283, INTERIM, eff 10-1-08, EXPIRED: 3-30-09

New. #9444, eff 4-3-09; ss by #10468, eff 1-1-14

Amended by Volume XL Number 2, Filed January 9, 2020, Proposed by #12967, Effective 1/1/2020, Expires 1/1/2030.