- (a) Subject to (b) below, CO2 allowance auctions shall be held quarterly;
(b) The department shall consult with the APAC to determine whether to:
- (1) Change the frequency to other than quarterly; and
- (2) Hold a CO2 allowance auction in the event that one or more participating states are unable to participate due to failure to establish and implement an auction process, whether by rule or otherwise.
Source. #9284, INTERIM, eff 10-1-08, EXPIRED: 3-30-09 New. #9445, eff 4-3-09; ss by #10470, eff 1-1-14; ss by #13974, eff 5-23-24