Section 125-J:6 – Trading of Emission Reduction Credits.
125-J:6 Trading of Emission Reduction Credits. – I. ERCs generated by devices and sources subject to RACT which are transferred to devices and sources subject to RACT shall be transferred in the ratio of 1:1. II. ERCs generated by devices, area sources, mobile sources, and sources not subject to RACT which are transferred for […]
Section 125-J:7 – Inspection and Monitoring.
125-J:7 Inspection and Monitoring. – I. For the purpose of determining compliance with this chapter, any rule adopted by the commissioner relative to this chapter or an emissions reduction credit certificate issued under this chapter, an employee or authorized representative of the department may, upon presentation of appropriate credentials and at any reasonable time: […]
Section 125-J:8 – Enforcement.
125-J:8 Enforcement. – I. Whenever the commissioner finds that a person who has been issued an ERC has violated the provisions of this chapter, any rules in force hereunder, or any condition of an emissions reduction credits certificate issued hereunder, including such conditions incorporated into permits issued by the department or EPA, the commissioner […]
Section 125-J:9 – Penalties.
125-J:9 Penalties. – I. Any person who violates any of the provisions of this chapter, or any rule adopted or order issued under this chapter, and any person who omits material information or makes any false statement or representation in connection with the certification of emission reduction credits shall be subject to a civil […]
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: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 […]
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 […]