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Virginia Administrative Code
Title 9. Environment
Agency 5. State Air Pollution Control Board
Chapter 140. Regulation for Emissions Trading Programs
1/26/2023

9VAC5-140-6190. Base budgets.

Article 5
CO2 Allowance Allocations

A. The Virginia CO2 Budget Trading Program base budget shall be as follows:

1.

For 2021, the Virginia CO2 Budget Trading Program base budget is 27.16 million tons.

2. For 2022, the Virginia CO2 Budget Trading Program base budget is 26.32 million tons.

3. For 2023, the Virginia CO2 Budget Trading Program base budget is 25.48 million tons.

4. For 2024, the Virginia CO2 Budget Trading Program base budget is 24.64 million tons.

5. For 2025, the Virginia CO2 Budget Trading Program base budget is 23.80 million tons.

6. For 2026, the Virginia CO2 Budget Trading Program base budget is 22.96 million tons.

7. For 2027, the Virginia CO2 Budget Trading Program base budget is 22.12 million tons.

8. For 2028, the Virginia CO2 Budget Trading Program base budget is 21.28 million tons.

9. For 2029, the Virginia CO2 Budget Trading Program base budget is 20.44 million tons.

10. For 2030, the Virginia CO2 Budget Trading Program base budget is 19.60 million tons.

B.

For 2031 and each succeeding calendar year, the Virginia CO2 Budget Trading Program base budget is 19.60 million tons unless modified as a result of a program review and future regulatory action.

Statutory Authority

§§ 10.1-1308 and 10.1-1322.3 of the Code of Virginia; §§ 108, 109, 110, and 302 of the Clean Air Act; 40 CFR Part 51.

Historical Notes

Derived from Virginia Register Volume 35, Issue 20, eff. June 26, 2019; amended, Virginia Register Volume 36, Issue 25, eff. July 10, 2020.

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