Program Evaluations

45CSR28, Air Pollutant Emissions Banking and Trading, contains provisions in Section 16 requiring the Director to conduct, or cause to be conducted, an evaluation of the emission trading program established under the provisions of this rule. The evaluation shall be conducted every three (3) years, or more frequently if deemed necessary by the Director, to make all of the following emission trading program assessments:

• Whether the program is consistent with the maintenance of national ambient air quality standards and has resulted in emission reductions consistent with reasonable further progress towards attainment and maintenance of national ambient air quality standards. 45CSR§28-16.1.a.
• Whether requirements for monitoring, recordkeeping, reporting, and enforcement have resulted in a sufficiently high level of compliance. 45CSR§28-16.1.b.
• Whether the program has caused any localized adverse effects to the public health, safety, welfare or to the environment, including any disproportionate air quality impacts. This assessment shall include an analysis of the effects of emission trading on the emissions and impacts of toxic or hazardous air pollutant emissions. 45CSR§28-16.1.c.
• Whether the program is achieving reductions across a spectrum of sources, including area and mobile sources. 45CSR§28-16.1.d.
• Whether provisions for conducting audits of emission reduction credit transactions have resulted in a sufficient number of audits being conducted across a spectrum of sources. 45CSR§28-16.1.e.

• 2003

  Evaluation Period: August 31, 2000 - December 17, 2003

  Evaluation Summary: 45CSR28 became effective on August 31, 2000. As of this date, no Emission Reduction Credits (ERCs) have been registered, traded, used or retired, hence none of the provisions listed above can be evaluated for the period of Ausut 31, 2000 to December 17, 2003.

• 2006

  Evaluation Period: December 18, 2003 - August 14, 2006

  Evaluation Summary: Since the last evaluation in 2003 an ERC (Emission Reduction Credit) Registry has been established.

• 2009

  Evaluation Period: August 15, 2006 - August 14, 2009

  Evaluation Summary: Since the last evaluation in 2006 one source has been added to the ERC Registry.

• 2012

  Evaluation Period: August 15, 2009 - August 14, 2012

  Evaluation Summary: Since the last evaluation in 2009, source I.D. 003-00008 has been deleted because all the Emission Reduction Credits (ERCs) generated are either retired or expired.

• 2015

  Evaluation Period: August 15, 2012 - August 14, 2015

  Evaluation Summary: Since the last evaluation in 2012, source I.D. 073-00003 has been deleted because all the Emission Reduction Credits (ERCs) generated are either retired or expired.

• 2018

  Evaluation Period: August 15, 2015 - August 14, 2018

  Evaluation Summary: Since the last evaluation in 2015, source I.D. 051-00009 has been deleted because all the Emission Reduction Credits (ERCs) generated are either retired or expired.

• 2021

  Evaluation Period: August 15, 2018 - August 14, 2021

  Evaluation Summary: Since the last evaluation in 2018, there has been no new Emission Reduction Credits (ERCs) generated. There are currently no ERCs in the registry since all previously generated ERCs expired or have been retired.

• 20​24

  Evaluation Period: August 15, 2021 - August 14, 2024

  Evaluation Summary: Since the last evaluation in 2021, there have been no new Emission Reduction Credits (ERCs) generated. There are currently no ERCs in the registry since all previously generated ERCs expired or have been retired. ​