Nev. Admin. Code § 445B.3891 - Redemption
Current through October 13, 2021
NRS 445B.210, 445B.300
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NAC 445B.3891 Redemption. (NRS 445B.210, 445B.300)
1. An owner of an emission reduction credit must submit a request to the Director on a form provided by the Director accompanied by the redemption request fee required by NAC 445B.327 to redeem the emission reduction credit for use at a specific stationary source. The redemption request must:
(a) Be signed and dated by the owner of the emission reduction credit;
(b) Contain the name, address, city, state, zip code and telephone number of the owner of the emission reduction credit;
(c) Contain the name, authority to construct or operating permit number, physical address, city, state, zip code and telephone number of the stationary source for which the emission reduction credit is being redeemed;
(d) Specify the amount in tons per year of emission reduction credits being redeemed for each air pollutant specified in subsection 2 of NAC 445B.380; and
(e) Identify the project associated with the origin of the emission reduction credit being redeemed.
2. Redemption of an emission reduction credit shall become final and effective on the date on which the federally enforceable permit containing the redemption of the emission reduction credit used to satisfy an offset requirement is issued.
(Added to NAC by Environmental Comm’n by R054-15, eff. 10-27-2015)