p. 1



# OAR Box 

# 1875 Prepped byOllie Stewart



### Document

Number: 

# 81 ) ll-F-2 8 Docket Number: 

# A-90-1 9

Printed 12/1/200811:12:49AM

Sheet 81 of 86

### P. 2 

# A-90-1 9 ll-F-2 8 TO : Tro yHillie r FROM : Lind a Herrin g ^ i n^ i(l/i/u*t f DATE : Octobe r 21 , 199 2 Attache d i s a revisio nt o th e bankin g languag e fo r th e HON whic hw e discusse d wit hyo u yesterday . Th e change s ar e marke di n th e margin . Pleas e cal l m e a t (919 ) 541-535 8 i f yo u hav e an y question s befor e ou r discussio nthi s afternoon .

^yc.P. 3

VvJuab o th e owne r o r operato r ma yus e banke dcredit s an dcredit s fro mthe ' relevan t complianc e perio dt o offse t th e debits . I f banke dcredit s ar e availabl e and necessary , complianc e shal l b e judge dbase do n th e sumo f banke d credit s an dcredit s fro mth e relevan t complianc e period , average d wit hdebit s fro mth e relevan t complianc e period . (i ) I f th e credit s calculate d accordin g t o paragrap h(g ) ar e greate r tha nth e debit s calculate d fo r th e sam e annua l complianc e perio d accordin g t o paragrap h(f) , th e owne r o r operato r ma yban k th e extr a credit s fo r us e i nfutur e complianc e periods . (A ) I norde r t o ban k credit s fo r us e i nfutur e complianc e periods , th e owne r o r operato r mus t repor t th e dat a use dt o calculat e tha t th e extr a credit s wer e generate dan dcertif yth e accurac yo f tha t dat a i nth e Periodi c Report s a s specifie di n?? ? 63.152(c ) o f thi s Subpart . Thes e record s mus t b e readil y accessibl e fo r 5 year s afte r th e perio di nwhic hth e credi t i s use d jr*«TM~*\ a s specifie d i n????63.150(e ) (3 ) (iv ) .

(B ) Th e owne r o r operato r ma ychoos e t o includ e mor e tha nth e •yr u 0y^fjg^^*^require d numbe r o f credi t generatin g emissio npoint s i na naverag e ^aj^Jedyi norde r t o increas e th e likelihoo do f creatin g bankabl e credits .

r i However , thes e additiona l point s ar e no t require dt o creat e 

### Jxjjkv*- ^*".. . bankabl e credits .

(ii ) Banke d credit s ca nonl yb e use dt o compl ywit hth e annua l requiremen t specifie di n?? ? 63.150(e)(3) . Banke dcredit s canno t b e use d fo r th e quarterl yrequiremen t specifie di n?? ? 63.150(e)(4) . (iii ) Banke d credit s alon e canno t b e use dt o offse t us e o f emissio ncontro l les s stringen t tha nth e referenc e contro lP. 4 

# r technolog yo na Grou p l emissio npoin t unless :

(A ) I t i s a poin t tha t previousl ywa s no t include di nth e source' s emission s average ; and (B ) Th e banke d credit s ar e onl ybein g use dunti l th e tim e tha t eithe r th e poin t i s controlle dwit hreferenc e contro l technolog yo r on e o r mor e othe r emissio npoint s ar e adde dt o th e averag e tha t generat e enoug hcredit s t o offse t it s emissions . Th e tim e tha t banke d credit s ca nb e use dfo r thi s purpos e i s no t t o excee d on e year . (iv ) I nth e Implementatio nPla nfo r emission s averagin g a s specifie d i n??? ? 63.151(c ) an d (d ) o r th e operatin g permi t applicatio na s specifie di n????63.152(e) , th e credit-generatin g emissio npoint s mus t b e capabl e o f generatin g sufficien t credit s t o offse t th e debit s fro mth e debit-generatin g emissio npoint s unde r representativ e operatin g conditions . Th e owne r o r operato r shal l no t develo p a nImplementatio nPla no r operatin g permi t applicatio n fo r emission s averagin g tha t relie s o nbanke dcredit s t o ensur e tha t credit s wil l excee d debits . Suc ha naveragin g pla nwoul dno t b e approved . (iv ) Th e lengt ho f tim e tha t banke dcredit s shal l b e availabl e fo r us e afte r th e yea r i nwhic hth e extr a credi t wa s generate d i s ( a rang e o f 2 t o 5 year s i s bein g proposed ; a singl e numbe r wil l b e selecte d a t promulgation. ) I f a banke dcredi t i s no t use d withi n( 2 t o 5 ) year s afte r th e yea r i nwhic hi t wa s generated , i t i s n o longe r availabl e fo r use .

^