Pennsylvania Code › Title 25 - ENVIRONMENTAL PROTECTION › Part I - Department of Environmental Protection › Subpart C - Protection of Natural Resources › Article III - Air Resources › Chapter 145 - INTERSTATE POLLUTION TRANSPORT REDUCTION › Subchapter A - NO[x] BUDGET TRADING PROGRAM › ACCOUNTING PROCESS FOR DEPOSIT USE AND TRANSFER OF ALLOWANCES › Section 145.53 - Recordation of NO[x] allowance allocations

Current through Register Vol. 54, No. 28, July 13, 2024
(a) The NOx Budget
						  Administrator will record the NOx allowances for 2003 in
						  the NOx budget units' compliance accounts and the
						  allocation set-asides, as allocated under §§
													145.40-145.43 (relating to
						  NOx allowance allocations). The
						  NOx Budget Administrator will also record the
						  NOx allowances allocated under § 145.88(a)(1)
						  (relating to NOx allowance allocations to opt-in units)
						  for each NOx budget opt-in source in its compliance
						  account. NOx allowances under §
													145.4(b)(4)(ii)
						  or §
													145.5(c)(2)
						  (relating to applicability; and retired unit exemption) will be recorded in the
						  general account specified by the owners and operators of the unit.
(b) By May 1, 2001, the
						  NOx Budget Administrator will record the
						  NOx allowances for 2004 for a NOx
						  budget unit allocated under §§
													145.40-145.43 in the unit's compliance
						  account, except for NOx allowances under §
													145.4(b)(4)(ii)
						  or §
													145.5(c)(2),
						  which will be recorded in the general account specified by the owners and
						  operators of the unit. The NOx Budget Administrator will
						  record NOx allowances for 2004 for a
						  NOx budget opt-in unit in the unit's compliance account
						  as allocated under § 145.88(a).
(c) By May 1, 2002, the
						  NOx Budget Administrator will record the
						  NOx allowances for 2005 for a NOx
						  budget unit allocated under §§
													145.40-145.43 in the unit's compliance
						  account, except for NOx allowances under §
													145.4(b)(4)(ii)
						  or §
													145.5(c)(2),
						  which will be recorded in the general account specified by the owners and
						  operators of the unit. The NOx Budget Administrator will
						  record NOx allowances for 2005 for a
						  NOx budget opt-in unit in the unit's compliance account
						  as allocated under § 145.88(a).
(d) By May 1, 2003, the
						  NOx Budget Administrator will record the
						  NOx allowances for 2006 for a NOx
						  budget unit allocated under §§
													145.40-145.43 in the unit's compliance
						  account, except for NOx allowances under §
													145.4(b)(4)(ii)
						  or §
													145.5(c)(2),
						  which will be recorded in the general account specified by the owners and
						  operators of the unit. The NOx Budget Administrator will
						  record NOx allowances for 2006 for a
						  NOx budget opt-in unit in the unit's compliance account
						  as allocated under § 145.88(a).
(e) Each year starting with 2004, after the
						  NOx Budget Administrator has made all deductions from a
						  NOx budget unit's compliance account and the overdraft
						  account under §
													145.54 (relating to compliance)
						  (except deductions under § 145.54(d)(2)), the NOx
						  Budget Administrator will record the following:
(1) NOx allowances, in
						  the compliance account, as allocated to the unit under §§
														145.40-145.43 for the third year after
						  the year of the control period for which the deductions were or could have been
						  made.
(2)
						  NOx allowances, in the general account specified by the
						  owners and operators of the unit, as allocated under §
														145.4(b)(4)(ii)
						  or §
														145.5(c)(2) for
						  the third year after the year of the control period for which the deductions
						  are or could have been made.
(3)
						  NOx allowances, in the compliance account, as allocated
						  to the unit under § 145.88(a).