Nev. Admin. Code § 445B.385 - Registry; banking

Current through October 13, 2021

1. The Director shall establish and maintain a registry to record and track all emission reduction credit transactions. The registry must be accessible to the public and must contain the following information for all emission reduction credit transactions:
(a) The name of the owner of the emission reduction credit;
(b) The stationary source change or project that generated the emission reduction credit;
(c) The pollutant;
(d) The amount of emission reduction credits in tons per year; and
(e) The date on which the emission reduction credit was issued.
2. The registry shall not contain information that has been deemed confidential pursuant to NRS 239.010 to 239.030, inclusive, and 445B.570.
3. An emission reduction credit is banked when it is recorded in the registry under the account of the owner of the emission reduction credit. When an emission reduction credit or a portion thereof is redeemed to satisfy an offset requirement for a stationary source, the emission reduction credit is expended and no longer available for use or banking.
4. An emission reduction credit that is banked does not expire.

Notes

Nev. Admin. Code § 445B.385
Added to NAC by Environmental Comm'n by R054-15, eff. 10-27-2015

NRS 445B.210, 445B.300

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