Section 125-J:10 – Liability of Purchasers of Emission Reduction Credits Limited.
125-J:10 Liability of Purchasers of Emission Reduction Credits Limited. – I. Notwithstanding RSA 125-J:4, VII, an emissions reduction credits certificate issued pursuant to this chapter shall not be suspended, revoked, or modified during the term of the certificate for a person who has purchased or has accepted such a certificate for use as permitted […]
Section 125-J:3-a – Escrow Authority.
125-J:3-a Escrow Authority. – The commissioner may accept payments to be held in an escrow account to be used for the purchase of emissions reduction credits, discrete emissions reduction credits, NOx budget allowances, and other emissions reduction credit mechanisms, until such time as credits, allowances or other mechanisms are available for trading or banking […]
Section 125-J:4 – Certification of Emissions Reduction Credits.
125-J:4 Certification of Emissions Reduction Credits. – I. The department shall establish and administer a process for the application, certification, revocation and enforcement of emissions reduction credits for the following regulated pollutants: volatile organic compounds (VOCs), oxides of nitrogen (NOx), and carbon monoxide (CO). II. Any person may be credited with emissions reductions occurring […]
Section 125-J:4-a – Registration of Emissions Reduction Mechanisms.
125-J:4-a Registration of Emissions Reduction Mechanisms. – The department may also establish and administer a process for the registration, revocation, and enforcement of discrete emissions reductions, NOx budget allowances, and all other emissions reduction mechanisms for any air pollutants in accordance with the Clean Air Act. The use of DERs, NOx budget allowances and […]
Section 125-J:4-b – Allocation of Emissions Reduction Mechanisms.
125-J:4-b Allocation of Emissions Reduction Mechanisms. – The department may also establish and administer a process for the allocation of NOx budget allowances, emissions reduction credits, discrete emission reductions, and other emissions reduction mechanisms which it is assigned by the federal government or interstate agreements or which it acquires in any other manner, except […]
Section 125-J:1 – Definitions.
125-J:1 Definitions. – In this chapter: I. "Actual emissions" means the rate, in tons per year, at which the device or source actually emitted a pollutant during calendar year 1990, or the average rate, in tons per year, at which the device or source actually emitted a pollutant during any 2-year period which precedes […]
Section 125-J:2 – Establishment.
125-J:2 Establishment. – There is established an emissions reduction credits trading program to facilitate compliance with the requirements of the Clean Air Act. Source. 1994, 397:2, eff. Aug. 9, 1994.
Section 125-J:2-a – Trading and Bank Programs.
125-J:2-a Trading and Bank Programs. – The department may establish trading and bank programs regarding discrete emissions reductions, NOx budget allowances, or other emissions reduction credit mechanisms to facilitate compliance with the requirements of the Clean Air Act. Source. 1996, 230:6, eff. July 1, 1996; 230:12, eff. July 1, 1996 at 12:01 a.m.
Section 125-J:3 – Nature of Emissions Reduction Credits.
125-J:3 Nature of Emissions Reduction Credits. – I. An emissions reduction credit certified by the department and issued to a device or source under this chapter is a limited authorization to hold and transfer such credits. Emissions reduction credits do not constitute a property right. Nothing in this chapter shall be construed as modifying […]