N.H. Admin. Code § Env-A 4803.04

Current through Register No. 45, November 7, 2024

Section Env-A 4803.04 - CO[2] Allowance Auction Notice

(a) A CO₂ allowance auction notice shall be published on the CO₂ allowance auction website no later than 45 days prior to the date upon which the auction shall be conducted. The CO₂ allowance auction notice shall be transmitted electronically to any person who has requested such notification and submitted an electronic-mail address to the department contact person or the regional organization.

(b) Each CO₂ allowance auction notice shall provide a specific description of all auction participation requirements, including, but not limited to, information including the date, time, and location of the CO₂ allowance auction, the categories of bidders who will be eligible to bid, the quantity of CO₂ allowances to be auctioned by allocation year, the auction format, the amount and type of financial security required, any participation limitations, information regarding settling and clearing of allowance payments, instructions as to qualification applications, other pertinent procedures of the auction, and identification of a department contact person for further information.

(c) The department or the regional organization shall include the following information in the notice for each auction:

(1) The number of CO₂ allowances offered for sale at the auction, not including any CO₂ CCR allowances;

(2) The number of CO₂ CCR allowances that will be offered for sale;

(3) The minimum reserve price for the auction; and

(4) The CCR trigger price for the auction.

N.H. Admin. Code § Env-A 4803.04

#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.