Emission Reduction Credit definition

Emission Reduction Credit or "ERC" means the certified quantity of an emission reduction from a source that may be stored or used as described in Section 5- 502.

Emission Reduction Credit. (ERC) means a credit granted pursuant to SWCAA 400-131. This is a voluntary reduction in emissions beyond required levels of control.

Emission Reduction Credit means a credit representing the amount of emission reductions from accelerated retirement of vehicles, which can be applied to the emission reduction obligations of another source or to air quality attainment goals. VAVR enterprises can generate emission reduction credits that may be sold on the open market;

Examples of Emission Reduction Credit in a sentence

• Prior to the issuance of any Certificate or entry in the Source Register of any Emission Reduction Credit, the applicant shall modify the Permit to Operate or, for emission reduction due to shutdowns, the Permit to Operate shall be cancelled or revised, for the source providing the emission reduction.

• For purposes of processing, the application for the Emission Reduction Credit and the application for the modification to the Authority to Construct or cancellation or revision of the Permit to Operate shall be considered one application.

• Upon the Control Officer's determination to approve an Emission Reduction Credit and the issuance or cancellation of the Permit to Operate for the source providing the emission reduction, the Control Officer shall register such Emission Reduction Credit in the Source Register.

• If offsets are obtained from the Emission Reduction Credit Banking Program specified under paragraph 391-3-1-.03(13), the owner or operator shall submit an application or applications for Use of Emission Reduction Credits as required under 391-3-1-.03(13)(f) using forms specified by the Division.

• An application for an Emission Reduction Credit shall include an application for an Authority to Construct or to cancel or revise the Permit to Operate for the source providing the emission reduction.

More Definitions of Emission Reduction Credit

Emission Reduction Credit means an actual emission reduction of specific type and quantity that is registered with the District in accordance with Rule 806, Emission Reduction Credits.

Emission Reduction Credit means a permanent, ------------------------- enforceable, quantifiable and surplus emissions reduction which can be considered as a reduction for the purpose of offsetting emission increases, pursuant to Pa. Code Ch. 127, including, without limitation, NOx and volatile organic compound Emission Reduction Credits.

Emission Reduction Credit means a credit recognized by the commission and the United States Environmental Protection Agency for reductions in emissions of air pollutants.

Emission Reduction Credit or “credit” means a certified unit that may be banked, sold, transferred, withdrawn, or retired a reduction in qualifying emissions expressed in tons per year for which the generator has submitted an application under R18-2- 1203, R18-2-1204, or R18-2-1205 and which has not been withdrawn from the emissions bank under R18-2-1208(B)(5) or (C).

Emission Reduction Credit. (ERC) means a credit granted pursuant to SWCAA 400-131. This is a voluntary reduction in emissions beyond required levels of control. ERCs may be sold, leased, banked for future use or traded in accordance with applicable regulations. Emission reduction credits shall provide an incentive for reducing emissions below the required levels and establish a framework to promote a market based approach to air pollution control.

Emission Reduction Credit. (ERC) means a surplus emission reduction registered by the District in accordance with the requirements of this regulation that represents a decrease in the quantity of a pollutant discharged from an affected facility beyond the level used in the State Implementation Plan (SIP) attainment demonstration or otherwise required by federal or District regulations.

Emission Reduction Credit means the amount of emission reductions from the accelerated retirement of vehicles, that can be applied to the emission reduction obligations of another source or to air quality attainment goals.