- (a) The department shall allocate 2,400 allowances to budget sources for each control period.
(b) Subject to (c) and (d), below, the department shall retain 600 allowances in a multi-purpose set-aside account for the control period each year for purposes of the following, in order of priority:
- (1) Allocation of some or all of the allowances to end-use efficiency projects, non-emitting generating systems, or renewable energy projects pursuant to Env-A 3205.06;
- (2) Banking;
- (3) Auctioning some or all of the allowances; and
- (4) Retiring some or all of the allowances for the purpose of environmental benefit.
- (c) In accordance with RSA 125-J:4-b and RSA 125-J:12,II, any proposed allocation of allowances from the multi-purpose set-aside account pursuant to (b)(4) or (5) above, shall be submitted to the air pollution advisory committee for review and recommendation at least 30 days prior to the allocation.
- (d) The department shall retire a minimum of 100 allowances from the multi-purpose set-aside account for the purpose of environmental benefit for each control period.
Source. (See Revision Note at chapter heading for Env-A 3200) #11001, eff 1-1-16