Regulatory Text: 
Louisiana Administrative Code, Title 33 ENVIRONMENTAL QUALITY, Part III Air (LAC 33:III)

Chapter 6. Regulations on Control of Emissions through the Use of Emission Reduction Credits Banking

§619.  Emission Reduction Credit Bank
As amended in the Louisiana Register at LR 28:301 (February 2002).
Approved by EPA September 27, 2002 (67 FR 60877) effective September 27, 2002 (LAd12).

    A.  The department shall maintain a banking database that shall consist of a record of all information concerning applications, deposits, withdrawals, and transactions, as well as pertinent date(s) concerning such information.  The current total point-source emissions inventory for both NOx and VOC shall also be included.  All data in the banking database shall be available to the public upon request.

    B.  ERC Certificates.  Certificates shall be issued for approved ERCs.  A record of each ERC certificate issued shall be retained by the department.  Each ERC certificate shall, at minimum:
        1.  bear the date of issuance;
        2.  be signed by the permitting authority;
        3.  include the owner(s)' name(s) and address(es);
        4.  state the name of the stationary source where the emission reduction occurred;
        5.  indicate the method of ERC creation;
        6.  show the quantity of the ERC and type of pollutant; and
        7.  show when the emission reduction occurred.

    C.  Multiple ERC Certificates and Multiple Ownership.  Single or multiple ERC certificates may be issued for a particular emission reduction project.  At the owner(s)' request, multiple ERC certificates shall be issued for each owner's proportional share.

AUTHORITY NOTE: Promulgated in accordance with R.S. 30:2054.

HISTORICAL NOTE: Promulgated by the Department of Environmental Quality, Office of Air Quality and Radiation Protection, Air Quality Division, LR 20:879 (August 1994), amended by the Office of Environmental Assessment, Environmental Planning Division, LR 26:2449 (November 2000), LR 28:305 (February 2002).

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