Ariz. Admin. Code § R18-2-1206 - Opening Emissions Bank Accounts

A. A source may use a certified emission reduction credit in the same nonattainment area, maintenance area, or modeling domain in which the emission reduction occurred by submitting a Credit Utilization Application (CUA) to the Director on a form prescribed by the Director. The CUA shall contain:

1. The name and mailing address of the source that generated the credit;

2. The owner, co-owner, or partner of the source that generated the credit;

3. The contact person name, title, telephone number of the source that generated the credit;

4. The name and mailing address of the source utilizing the credit;

5. The owner, co-owner, or partner of the source utilizing the credit;

6. The contact person name, title, telephone number of the source utilizing the credit;

7. The purpose of the utilization;

8. The pollutant;

9. The amount of emission reduction credit to be utilized;

10. Each emission reduction credit certificate number;

11. The signature of and verification of truthfulness and accuracy by a responsible official as defined in R18-2-301(17) ; and

12. The name, title, and telephone number of the responsible official.

B. Upon receipt by the Director of the CUA with a check for the administrative fee specified in R18-2-1208(B), the Director shall list the pending sale in the registry.

C. The Director shall not list the final sale in the registry until:

1. The permitting authority evaluates and verifies the authenticity of the credit with the emissions bank;

2. The permitting authority determines that there will be no adverse impact on air quality; and

3. The permitting authority completes the permitting action and submits the credit certificate to the Director.

D. After the permitting authority notifies the Director that the requirements of this Section have been met, the Director shall delist the credits in the registry.

A. Any person or entity may open an account in the emissions bank by submitting the form prescribed by the Department.

B. The owner or operator of a generator must open an account in the emissions bank before submitting an application under R18-2-1203(A), R18-2-1204(A), or R18-2-1205(A).

Notes

Ariz. Admin. Code § R18-2-1206

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.