What are load reduction agreements?
Load reduction agreements (LRAs) are voluntary agreements between licensees with assessable pollutants and the EPA, pursuant to Division 4 of the POEO (General) Regulation. They provide immediate fee reductions for companies willing to commit to future reductions of assessable pollutants, thereby freeing funds for investment in improved environmental performance. Agreements last for a maximum of four years, giving licensees up to three full years to implement upgrades and one to demonstrate attainment of the agreed load.
Load reduction agreements (LRAs) are voluntary agreements between licensees with assessable pollutants and the EPA, pursuant to Division 5 of the POEO (General) Regulation. They provide immediate fee reductions for companies willing to commit to future reductions of assessable pollutants, thereby freeing funds for investment in improved environmental performance. Agreements last for a maximum of four years, giving licensees up to three full years to implement upgrades and one to demonstrate attainment of the agreed load.
