Emissions Reduction – New Program

The attached regulation (R054-15I – ERC) is proposing a new, voluntary program intended to assist in growth and economic development in areas designated nonattainment for a national ambient air quality standards (NAAQS). The program will provide offsets for a new major stationary source wishing to locate in a nonattainment area or for an existing facility to make a major modification. The proposed program provides for the creation, banking, transfer and use of Emission Reduction Credits (ERCs). In a nonattainment area, if a facility reduces emissions through an operational change, a reconfiguration or a shutdown, the program will allow the facility to request credit for the reductions and bank a reduced portion of the credit for future use or sale. The emission reductions used to generate an ERC must be surplus, permanent, quantifiable and federally enforceable. Read more