A.
The Director shall place an emission reduction credit in the
emissions bank credit registry upon conditional certification, certification,
pending use, and final disposition. For each credit, the Director shall place
in the registry:
1.
Source's contact name and
information;
2.
Source name and information;
3.
Amount and type of pollutant;
4.
Date of emission reduction and credit
status.
B.
The Director shall issue a certificate of deposit to the
reducing source for each certified credit deposited in the bank, and issue a
certificate of retirement to a person for each certified credit permanently
retired.
A. Application.
1. The owner or operator of a permitted
generator may apply for credits for reductions in qualifying emissions at any
time after filing either:
a. An application
for a permit revision seeking the imposition of conditions to make the
reductions in qualifying emissions enforceable; or
b. A notice of permit termination seeking to
make the shutdown of a stationary source, and the resulting reductions in
qualifying emissions, enforceable.
2. An application for credits shall be filed
with the certification authority on the form prescribed by the Department and
shall include:
a. The emissions bank account
number obtained under
R18-2-1206 for the owner or
operator;
b. Information on the
identity, type, ownership, and location of the permitted generator;
c. A description of the actions that have
resulted or will result in the reductions in qualifying emissions;
d. Information on the amount of and
methodology for calculating the reductions in qualifying emissions for each
pollutant subject to the application;
e. Other information necessary to verify that
the reductions in qualifying emissions qualify as permanent, quantifiable,
surplus, enforceable, and real;
f.
The actual dates or anticipated dates of the reductions in qualifying
emissions, as applicable; and
g. A
signed statement by a responsible official, as defined in
R18-2-301, verifying the
truthfulness and accuracy of all information provided in the
application.
B. Notification and Consultation.
1. If the certification authority is not the
permitting authority for the generator, the certification authority shall:
a. Provide a copy of the application for
credits to the permitting authority; and
b. Consult with permitting authority on
whether the reductions in qualifying emissions qualify as permanent,
quantifiable, enforceable, surplus, and real.
2. If the owner or operator files the
application for credits before final action on the permit revision or
termination of the permit and the permitting authority for the generator is not
the certification authority, the permitting authority shall provide notice of
final action on the permit revision or termination of the permit to the
certification authority.
C. Action on Application.
1. The certification authority shall deny the
application for credits if:
a. The permitting
authority denies the permit revision or termination on which enforceability of
the reductions in qualifying emissions is based; or
b. None of the reductions in emissions
qualify as permanent, quantifiable, surplus, enforceable, and real.
2. The certification authority
shall grant the application and issue one certified credit for each ton per
year of reduction that qualifies as permanent, quantifiable, surplus,
enforceable, and real.
Notes
Ariz. Admin.
Code §
R18-2-1203
New Section made by
final rulemaking at 8 A.A.R. 1815, effective March 18, 2002 (Supp. 02-1).
Amended by final rulemaking at
25
A.A.R. 1433, effective
7/28/2019.
