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NH Department of Environmental Services

Air Resources

Emissions Reductions Trading Programs

Open Market

There are two programs under the Open Market. The first is the Discrete Emissions Reductions Trading Program and the second is the Emissions Reduction Credits Trading Program.  For more information, EPA has developed a program summary of their Open Market Trading Rule as well as an overview sheet.
    DES Rules on the Open Market:
  1. Discrete Emisssions Reduction Trading Program (Env-A 3100)
  2. Emission Reduction Credits Trading Program (Env-A 3000)

Emissions Reductions Trading Registry  (January 2008)

The Emissions Trading Handbook is now available from the Emissions Trading Education Initiative (ETEI) web site.

The ETEI is a project of Environmental Defense and the Emissions Marketing Association.

Cap & Trade
Seasonal

EPA’s Cap and Trade webpages

New Hampshire adopted a rule (Env-A 3200) implementing the Ozone Transport Commission Memorandum of Understanding (OTC MOU), which was signed on September 27, 1994. The MOU called for regional reductions in seasonal nitrogen oxides (NOx) emissions beginning in 1999 implemented through a market-based budget (or cap) and trading program. View the overview sheet here.
    DES Rule on Seasonal Cap and Trade:
    NOx Budget Trading Program  (Env-A 3200)

Read about New Hampshire's success in reducing seasonal NOx emissions as a result of the OTC MOU.

Seasonal NOx Allowances Tracking System (February 2008)

  1. Seasonal NOx Allowance Transactions Report
  2. Seasonal NOx Allowances Held Report

NH NOx Budget Program Allowance Transfer Form

Annual

New Hampshire also adopted a rule (Env-A 2900) implementing New Hampshire's own Clean Power Act, which became law on July 1, 2002. The Act calls for annual reductions of multiple pollutants (sulfur dioxide, nitrogen oxides, mercury, and carbon dioxide) beginning in 2007 implemented through cap and trading programs. View the overview sheet here. The Act differs from, but was based upon, DES's Clean Power Strategy. View the Strategy here.
    DES Rule on Annual Cap and Trade:
    Multiple Pollutant Budget Trading Program (Env-A 2900)

NH Clean Power Act Allowances Tracking System

  1. Annual multi-pollutant transaction report
  2. Annual multi-pollutant allowances held report

Bonus Allowances:

Signed Bonus Allowances Docs

The public comment period will end at close of business on November 21, 2007. Please e-mail comments to Joe Fontaine at Joseph.Fontaine@des.nh.gov.

Links to Credits Trading Brokers:

Cantor Fitzgerald
Evolution Markets
GFI Inc
Natsource

E-mail: Joseph T. Fontaine, Trading Programs Manager
Department of Environmental Services
Air Resources Division
29 Hazen Drive
Concord, New Hampshire 03301

View PDF files with Adobe Acrobat Reader, available for free download at Adobe.com
Updated: February 2008
 
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