§74.26. Allocation formula.
40 C.F.R. § 74.26
The Administrator will calculate the annual allowance allocation for a combustion source based on the data, corrected as necessary, under § 74.20 through § 74.25 as follows:
For combustion sources for which the current promulgated SO2 emissions limit under § 74.25 is greater than or equal to the current allowable SO2 emissions rate under § 74.24, the number of allowances allocated for each year equals:
For combustion sources for which the current promulgated SO2 emissions limit under § 74.25 is less than the current allowable SO2 emissions rate under § 74.24.
The number of allowances for each year ending prior to the effective date of the promulgated SO2 emissions limit equals:
The number of allowances for the year that includes the effective date of the promulgated SO2 emissions limit and for each year thereafter equals:
Notes, amendments, and revision history
Amendments
[60 FR 17115, Apr. 4, 1995, as amended at 63 FR 18841, Apr. 16, 1998]
Authority
Authority: 42 U.S.C. 7601 and 7651 et seq.
Source
Source: 60 FR 17115, Apr. 4, 1995, unless otherwise noted.
Amendments
[60 FR 17115, Apr. 4, 1995, as amended at 63 FR 18841, Apr. 16, 1998]