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40 C.F.R. § 97.624

Compliance with CSAPR SO2 Group 1 emissions limitation.

§ 97.624 Compliance with CSAPR SO2 Group 1 emissions limitation.

(a) Availability for deduction for compliance. CSAPR SO2 Group 1 allowances are available to be deducted for compliance with a source's CSAPR SO2 Group 1 emissions limitation for a control period in a given year only if the CSAPR SO2 Group 1 allowances:

(1) Were allocated or auctioned for such control period or a control period in a prior year; and

(2) Are held in the source's compliance account as of the allowance transfer deadline for such control period.

(b) Deductions for compliance. After the recordation, in accordance with § 97.623, of CSAPR SO2 Group 1 allowance transfers submitted by the allowance transfer deadline for a control period in a given year, the Administrator will deduct from each source's compliance account CSAPR SO2 Group 1 allowances available under paragraph (a) of this section in order to determine whether the source meets the CSAPR SO2 Group 1 emissions limitation for such control period, as follows:

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