---
kind: "section"
citation: "40 C.F.R. § 73.1"
title: "40"
number: "73.1"
heading: "Purpose and scope."
url: "https://uscodex.org/cfr/40/73.1"
---

# §73.1. Purpose and scope.


The purpose of this part is to establish the requirements and procedures for the following:

- (a) The allocation of sulfur dioxide emissions allowances;
- (b) The tracking, holding, and transfer of allowances;
- (c) The deduction of allowances for purposes of compliance and for purposes of offsetting excess emissions pursuant to parts [72](/cfr/40/part72.md) and [77](/cfr/40/part77.md) of this chapter;
- (d) The sale of allowances through EPA-sponsored auctions and a direct sale, including the independent power producers written guarantee program; and
- (e) The application for, and distribution of, allowances from the Conservation and Renewable Energy Reserve.
- (f) The application for, and distribution of, allowances for desulfurization of fuel by small diesel refineries.

## Notes

### Amendments

[58 FR 3687, Jan. 11, 1993, as amended at 58 FR 15650, Mar. 23, 1993]

### Source

Source: 58 FR 3687, Jan. 11, 1993, unless otherwise noted.

### Authority

Authority: 42 U.S.C. 7601 and 7651 et seq.

### Amendments

[58 FR 3687, Jan. 11, 1993, as amended at 58 FR 15650, Mar. 23, 1993]