2016 New Hampshire Revised Statutes
Title X - PUBLIC HEALTH
Chapter 125-O - MULTIPLE POLLUTANT REDUCTION PROGRAM
Section 125-O:29 - Cost Containment Allowances in Addition to the Budget.

    125-O:29 Cost Containment Allowances in Addition to the Budget. –
    I. For the purposes of cost containment, the department shall make available for sale at one or more auctions up to 260,935 allowances for 2014 or, for any year thereafter, up to 521,869 allowances, that shall be in addition to the budget allowance total for the given year under RSA 125-O:21, II, if:
       (a) The CO₂ allowance auction price equals or exceeds $4 in 2014;
       (b) The CO₂ allowance auction price equals or exceeds $6 in 2015;
       (c) The CO₂ allowance auction price equals or exceeds $8 in 2016;
       (d) The CO₂ allowance auction price equals or exceeds $10 in 2017;
       (e) The CO₂ allowance auction price equals or exceeds $10.25 in 2018;
       (f) The CO₂ allowance auction price equals or exceeds $10.51 in 2019;
       (g) The CO₂ allowance auction price equals or exceeds $10.77 in 2020; or
       (h) In any year thereafter, the CO₂ allowance auction price equals or exceeds 1.025 multiplied by the auction price at which cost containment allowances were required to be made available in the previous calendar year rounded to the nearest whole cent, until further legislative action.
    II. The allowances sold pursuant to paragraph I shall be replenished, such that the full 521,869 allowances, if needed, are available the following calendar year.

Source. 2013, 236:14, eff. Jan. 1, 2014.