Chapter156CO2BUDGETTRADINGPROGRAM.docVIP

Chapter 156: CO2 BUDGET TRADING PROGRAM TABLE OF CONTENTS 1. CO2 Budget Trading Program General Provisions 1 A. Applicability 1 B. Definitions 1 C. Liability 19 D. Effect on other authorities. 19 E. Severability. 20 F. Enforcement. 20 G. Computation of time 20 2. CO2 Allowance Allocation Provisions 20 A. CO2 Budget Trading Program Base Budget 20 B. CO2 Allowance Allocations 20 C. CO2 Budget Trading Program Adjusted Budget 2014 22 D. CO2 Budget Trading Program Adjusted Budgets for 2015 through 2020. 22 E. Publishing the CO2 Trading Program Adjusted Budgets. 22 F. Consumer benefit account allocation. 22 G. Auction of CO2 CCR Allowances 25 H. Undistributed and Unsold CO2 Allowances 26 3. Licensing Requirements 28 A. General CO2 budget source licensing requirements 28 B. Schedule for submission license applications. 28 C. Application information requirements. 28 4. Monitoring, Recordkeeping, and Reporting Requirements 28 A. General requirements. 28 B. Initial certification and recertification requirements 31 C. Out-of-control periods 34 D. Notifications. 35 E. Recordkeeping and reporting 35 F. Petitions 37 G. CO2 budget units that co-fire eligible biomass [Reserved] 37 H. Additional requirements to provide output data 37 5. Compliance Requirements 40 A. Compliance Certification Report 40 B. Department Action on Compliance Certifications 41 C. CO2 Budget Unit Compliance Account Requirements 42 D. Compliance Deductions 43 E. Action by the Department on submissions 45 6. CO2 Authorized Account Representative Provisions 46 A. Authorization and responsibilities 46 B. Alternate CO2 authorized account representative 46 C. Changing the account certificate of representation 47 D. Account certificate of representation 48 E. Objections concerning the CO2 authorized account representative 48 F. Delegation of account representative responsibilities 49 7. CO2 Allowance Tracking System 50 A. CO2 Allowance Tracking System accounts 50 B. Establishment of accounts 50 C. CO2 auth