9VAC5-140-7220. CO2 Allowance Tracking System accounts.
A. Consistent with 9VAC5-140-7230 A, the department or its agent will establish one compliance account for each CO2 budget source. Allocations of CO2 allowances pursuant to Article 5 (9VAC5-140-7190 et seq.) of this part and deductions or transfers of CO2 allowances pursuant to 9VAC5-140-7180, 9VAC5-140-7260, 9VAC5-140-7280, or Article 7 (9VAC5-140-7300 et seq.) of this part will be recorded in the compliance accounts in accordance with this section.
B. Consistent with 9VAC5-140-7230 B, the department or its agent will establish, upon request, a general account for any person. Transfers of CO2 allowances pursuant to Article 7 (9VAC5-140-7300 et seq.) of this part will be recorded in the general account in accordance with this article.
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
Former 9VAC5-140-6220, reinstated 9VAC5-140-7220, Virginia Register Volume 42, Issue 20, eff. April 24, 2026.