[Federal Register Volume 59, Number 42 (Thursday, March 3, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-4924]


[[Page Unknown]]

[Federal Register: March 3, 1994]


=======================================================================
-----------------------------------------------------------------------

ENVIRONMENTAL PROTECTION AGENCY

[FRL-4845-2]

 

Acid Rain Program: Allowance Tracking System

AGENCY: Environmental Protection Agency.

ACTION: Notice of opening for business of the Allowance Tracking 
System.

-----------------------------------------------------------------------

SUMMARY: The Environmental Protection Agency is announcing the 
commencement of operation of the Allowance Tracking System (ATS) on 
March 14, 1994. As of that date, EPA will record transfers of 
allowances between accounts in the ATS.
    Subpart C of 40 CFR part 73 directs EPA to establish an allowance 
tracking system for the allocation, transfer, and use of SO2 
emissions allowances, as required by section 403(b) of the Clean Air 
Act. Section 403(b) specifically provides that allowance transfers are 
not effective, for purposes of compliance with the allowance holding 
requirements of the Acid Rain Program, until EPA receives and records a 
written certification of the transfer signed by a responsible official 
of each party to the transfer (e.g., a completed Allowance Transfer 
form). Subpart D of 40 CFR part 73 establishes the procedure by which 
EPA will record transfers of allowances to and from accounts 
established within the ATS.
    An ATS unit account has been established for each utility unit that 
was allocated allowances under 40 CFR 73.10 (58 FR 15634, March 23, 
1993) and general accounts have been established for those who have 
submitted an Allowance Account Information form. Allowances allocated 
to each unit as well as any allowances that were purchased at the 1993 
EPA allowance auctions have been assigned unique serial numbers and 
placed in the appropriate unit and general accounts. ATS does not 
currently contain any additional allowances to which a utility may be 
entitled, such as those associated with Phase I compliance plans, the 
Conservation and Renewable Energy Reserve, Early Reduction Credits, and 
Phase I Extension. These additional allowances will be placed in the 
appropriate ATS accounts later this year, when the next version of ATS 
is completed.
    All information in the ATS is publicly available. To receive 
instructions on how to place an information request, call the Acid Rain 
Hotline at the phone number listed below.

ADDRESSES: Any correspondence in this matter shall be sent to: U.S. 
Environmental Protection Agency, Acid Rain Division (6204J), Attn: 
Allowance Tracking System, 401 M Street, SW., Washington, DC 20460.

FOR FURTHER INFORMATION CONTACT: Janice K. Wagner, Chief, Allowance 
Market Section, Acid Rain Division, (202) 233-9170 or by mail at the 
address above. To obtain written materials describing ATS or any of the 
forms mentioned above, call the Acid Rain Hotline at (202) 233-9620 and 
leave a message in the allowance system voice mailbox.

    Dated: February 24, 1994.
Janice K. Wagner,
Acting Director, Acid Rain Division, Office of Air and Radiation.
[FR Doc. 94-4924 Filed 3-2-94; 8:45 am]
BILLING CODE 6560-50-P