EPA and the Eastern states designed an interstate emissions trading program – the Nitrogen Oxide (NOx) Budget Trading Program – to reduce ozone season emissions of electric generating and industrial combustion units. Under the NOx Budget Trading Program, 22 states and the District of Columbia allocate allowances to these units. In addition, states may choose to reserve (i.e., "set aside") allowances to provide incentives for new sources and/or for certain activities. For example, under an energy efficiency/renewable energy (EE/RE) set-aside, a state awards NOx allowances to eligible EE/RE projects. Awardees can either sell these allowances to help finance their projects or retire the allowances and thereby account for the emissions reductions associated with the project. EPA held Technical Forum calls on this topic in June 2006 and November 2004.
Presentations and Papers
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Energy Efficiency and Renewable Energy Set-Aside in the NOx Budget Trading Program: Integrating Energy and Air Quality Goals (PDF)(21 pp, 180 K,
November 18, 2004)
U.S. EPA
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Massachusetts' EE/RE Set-Aside Program (PDF)(9 pp, 64 K,
November 18, 2004)
haron Weber, Massachusetts Department of Environmental Protection
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Summary Paper for EPA Technical Forum Roundtable on State NOx Budget Energy Efficiency / Renewable Energy Set-Aside Programs (PDF)(10 pp, 213 K,
June 6, 2006)
U.S. EPA
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Summary Paper for EPA Technical Forum Call on Nitrogen Oxide (NOx) Budget Allowance Set-Aside for Energy Efficiency/Renewable Energy (PDF)(3 pp, 174 K,
November 18, 2004)
U.S. EPA