Md. Code Regs. 26.11.17.06 - Transferring Emission Reduction Credits
A. An ERC may be transferred to the control
of another person after it is certified and becomes federally
enforceable.
B. A person may not
use an ERC in a manner that causes a violation of any applicable federal or
State emission standard or requirement.
C. ERCs may not be transferred to a third
party or used for any other purpose except as offsets through a federally
enforceable permit to construct.
D.
A source located in Maryland may use an ERC created by a source located in
another State if:
(1) The emission reduction
is certified by the state in which it is created;
(2) The conditions of the transfer are
enforceable by the other state and the EPA; and
(3) All of the requirements in this chapter
are met.
Notes
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No prior version found.