CLEAN AIR ACT EMISSIONS ALLOWANCES
§ 69.291. General.
Electric utilities are subject to stringent emission reduction requirements under section 401 of the Clean Air Act Amendments of 1990 (CAAA) (42 U.S.C.A. § 7651). An innovative market-based system for the trading of allowances for the emission of sulfur dioxide was established under the CAAA in order to substantially reduce the cost of compliance with the Clean Air Act (See 42 U.S.C.A. § 7651b(b)). Because of the importance of allowance trading to the cost-effective implementation of the CAAA, the Commission promulgated the guidelines in this section and § § 69.29269.294 to help facilitate a liquid allowance trading market.
The provisions of this § 69.291 adopted February 26, 1993, effective February 27, 1993, 23 Pa.B. 972.
This section cited in 52 Pa. Code § 69.292 (relating to definitions).
No part of the information on this site may be reproduced for profit or sold for profit.
This material has been drawn directly from the official Pennsylvania Code full text database. Due to the limitations of HTML or differences in display capabilities of different browsers, this version may differ slightly from the official printed version.