| 1/7/2005
News:
AQMD GOVERNING BOARD ORDERS FURTHER EMISSIONS REDUCTIONS FROM RECLAIM
PROGRAM
On January 7, 2005, the AQMD Governing Board adopted several changes to
the REgional CLean Air Incentives Market (RECLAIM) program. Among other
amendments, the changes will result in cumulative reductions of 7.7 tons per
day, or more than 20 percent reduction, of oxides of nitrogen (NOx) from all
RECLAIM facilities by 2011. The reductions are to be implemented in phases
(4 tons per day in 2007 and 0.925 tons per day in each of the following four
years, 2008-2011). For more details on all the adopted changes to the
RECLAIM program, please consult the
rule amendment package.
To implement the reductions of NOx RTC allocations and holdings, the AQMD
will first process all trades involving NOx RECLAIM Trading Credits (RTCs)
valid for Compliance Year 2007 and after and submitted with a postmark date
prior to the January 7, 2005 effective date of Governing Board action.
However, all NOx RECLAIM trades for Compliance Year 2007 and after postmarked on or after January 7, 2005, will
not be processed until after the Board-approved reductions in NOx
allocations and holdings
are made from all companies holding NOx RTCs. Facilities, persons, and/or
entities that hold NOx RTCs for Compliance Year 2007 and after will be
notified shortly of the pending reductions of the affected NOx RTCs.
An informational public workshop is
scheduled on February 2, 2005 in the Auditorium at the AQMD Headquarters. For
any questions regarding this matter, please call the RECLAIM hotline at
(909) 396 -3119 or e-mail to
Reclaim_QA@aqmd.gov.
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