Part 242: CO2 Budget Trading ProgramNow, compare these with, eg., the long standing regulations that control Nitrous Oxide emissions:
- Subpart 242-1: CO2 Budget Trading Program General Provisions
- Subpart 242-2: Authorized Account Representative for CO2 Budget Sources
- Subpart 242-3: Permits
- Subpart 242-4: Compliance Certification
- Subpart 242-5: CO2 Allowance Allocations
- Subpart 242-6: CO2 Allowance Tracking System
- Subpart 242-7: CO2 Allowance Transfers
- Subpart 242-8: Monitoring and Reporting
- Subpart 242-9: Reserved
- Subpart 242-10: CO2 Emissions Offset Projects
Part 204: NOx Budget Trading ProgramYou don't have to read further than the headers of each section to see the difference.
- Subpart 204-1: General Provisions
- Subpart 204-2: Authorized Account Representative For NOx Budget Sources
- Subpart 204-3: Permits
- Subpart 204-4: Compliance Certification
- Subpart 204-5: Allowance Allocations
- Subpart 204-6: Allowance Tracking System
- Subpart 204-7: NOx Allowance Transfers
- Subpart 204-8: Monitoring and Reporting
- Subpart 204-9: Individual Unit Opt-Ins
The NOx regulations all have in their heading: "(Statutory authority: Environmental Conservation Law . . . ." . . .. But no such statement exists for the RGGI regulations. . . . and for good reason: The regulations were not authorized by the legislature.
Simply put, your electric bills are going to increase based on a program that the government currently has no legal authority to implement.