La. Admin. Code tit. 33, § III-619 - Emission Reduction Credit Bank
A. The department shall maintain a banking
database that shall consist of a record of all information concerning
applications, deposits, withdrawals, and transactions, as well as pertinent
date(s) concerning such information. All data in the banking database shall be
available to the public upon request.
B. ERC Certificates. Certificates shall be
issued for approved ERCs. A record of each ERC certificate issued shall be
retained by the department. Each ERC certificate shall, at minimum:
1. bear the date of issuance;
2. be signed by the permitting
authority;
3. include the owner(s)'
name(s) and address(es);
4. state
the name or description of the eligible source from which the emission
reduction occurred;
5. indicate the
method of ERC creation;
6. show the
quantity of the ERC and type of pollutant; and
7. show when the emission reduction
occurred.
C. Multiple
ERC Certificates and Multiple Ownership. Single or multiple ERC certificates
may be issued for a particular emission reduction project. At the owner(s)'
request, multiple ERC certificates shall be issued for each owner's
proportional share.
Notes
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