| (a) The executive director will audit this program
every three years.
(1) The audit will evaluate the timing of credit generation
and use, the impact of the program on the state's attainment demonstration
and the emissions of hazardous air pollutants, the availability and
cost of credits, compliance by the participants, and any other elements
the executive director may choose to include.
(2) The executive director will recommend measures
to remedy any problems identified in the audit. The trading of discrete
emission credits may be discontinued by the executive director in
part or in whole and in any manner, with commission approval, as a
remedy for problems identified in the program audit.
(3) The audit data and results will be completed and
submitted to the United States Environmental Protection Agency (EPA)
and made available for public inspection within six months after the
audit begins.
(b) No later than February 1 of each calendar year,
the executive director shall develop and make available to the general
public and the EPA a report that includes the following information
for the previous calendar year:
(1) the amount of each pollutant emission credits generated
under this division;
(2) the amount of each pollutant emission credits used
under this division;
(3) a summary of all trades completed under this division;
and
(4) the amount of discrete emission reduction credits
approved for use under §101.376(f) of this title (relating to
Discrete Emission Credit Use).
|
| Source Note: The provisions of this §101.379 adopted to be effective January 17, 2003, 28 TexReg 83; amended to be effective January 1, 2009, 33 TexReg 10455; amended to be effective May 2, 2013, 38 TexReg 2618; amended to be effective June 25, 2015, 40 TexReg 3848 |
