Can a source use/bank post-1990, pre-rule adoption emission reduction credits?
No. To qualify as an emission reduction credit, an application must be submitted to the APCD and found to be complete before the emission reductions take effect (see Rule 806.D.3). This provision is essential to assuring that the ERCs meet the core requirements for banking (that is, that the ERCs are surplus, quantifiable, enforceable, and permanent.
Related Questions
- As a follow-up to the above question, may I keep any excess emission reduction credits (ERCs) for future use? What if I am in source compliance demonstration (SCDP)?
- Can a source use/bank post-1990, pre-rule adoption emission reduction credits?
- Can a source use/bank pre-1990 emission reduction credits?