Wash. Admin. Code § 173-446-210 - Total program allowance budgets
(1)
Calculating the total program allowance budget. Ecology must use
the following methods for setting the total program allowance budget for each
year. The total program allowance budget for each year must be in units of MT
CO2e on a mass basis.
(a) Emissions years 2023 through 2026.
(i) The total program allowance budget for
emissions year 2023 is equal to 93 percent of the total program baseline
described in WAC
173-446-200 Table 200-1 for 2023
through 2026.
(ii) The total
program allowance budget for each year from 2024 through 2026 decreases
annually relative to the previous year by an additional seven percent of the
total program baseline in WAC
173-446-200 Table 200-1 for 2023
through 2026.
(b)
Emissions years 2027 through 2030.
(i) The
total program allowance budget for emissions year 2027 is equal to the 2026
total program allowance budget plus the adjustment to the total program
baseline described in WAC
173-446-200(3)
reduced by an additional seven percent of the total program baseline in WAC
173-446-200 Table 200-1 for 2027
through 2030.
(ii) The total
program allowance budget for each year from 2028 through 2030 decreases
annually relative to the previous year by an additional seven percent of the
total program baseline in WAC
173-446-200 Table 200-1 for 2027
through 2030.
(c)
Emissions years 2031 through 2042.
(i) The
total program allowance budget for emissions year 2031 is equal to the 2030
total program allowance budget plus the adjustment to the total program
baseline described in WAC
173-446-200(4)
reduced by an additional one and eight tenths percent of the total program
baseline in WAC
173-446-200 Table 200-1 for 2031
and subsequent years.
(ii) The
total program allowance budget for each year from 2032 through 2042 decreases
annually relative to the previous year by an additional one and eight tenths
percent of the total program baseline in WAC
173-446-200 Table 200-1 for 2031
and subsequent years.
(d)
Emissions years 2043 through 2049. The total program allowance budget for each
year from 2043 through 2049 decreases annually relative to the previous year by
an additional two and six tenths percent of the total program baseline in WAC
173-446-200 Table 200-1 for 2031
and subsequent years.
(2)
Total program allowance budget. Table 210-1 displays the total
program allowance budget for each year calculated using the method established
in subsection (1) of this section.
Table 210-1: Total program allowance budget for each year of the first compliance period using the methods established in subsection (1) of this section.
|
Emissions Year |
Total Covered Emissions (MT CO2e) |
|
2023 |
63, 288, 565 |
|
2024 |
58, 524, 909 |
|
2025 |
53, 761, 254 |
|
2026 |
48, 997, 598 |
Notes
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