SO2 Allowance definition

SO2 Allowance means “allowance” as defined at 42 U.S.C. § 7651a(3): “an authorization, allocated to an affected unit by the Administrator of EPA under Subchapter IV of the Act, to emit, during or after a specified calendar year, one ton of sulfur dioxide.”

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SO2 Allowance means an authorization or credit to emit a specified amount of SO2 that is allocated or issued under an emissions trading or marketable permit program of any kind that has been established under the Clean Air Act or the Indiana SIP.

SO2 Allowance means an authorization to emit a specified amount of SO2 that is allocated or issued under an emissions trading or marketable permit program of any kind established under the Clean Air Act or applicable State Implementation Plan; provided, however, that with respect to any such program that first applies to emissions occurring after December 31, 2011, a “SO2 Allowance” shall include an allowance created and allocated under such program only for control periods starting on or after the fourth anniversary of the Date of Entry of this Consent Decree.

Examples of SO2 Allowance in a sentence

Such compensation shall, at Buyer's option, be made by either supplying IPL with the number of SO2 Allowances directly attributed to such energy sales, or by reimbursing IPL for the incremental cost of such number of SO2 Allowances, rounded to the nearest whole SO2 Allowance.
Buyer will be notified of the new SO2 Allowance value prior to dispatch of IPL energy to Buyer.
The SO2 Allowance value may be changed at any time during the month to reflect the more current incremental cost, or market price, for SO2 Allowances.
In all cases, Buyer will transfer to IPL's account the number of SO2 Allowance due IPL for calendar year no later than January 15 of the following year.
The incremental SO2 Allowances cost, in dollars per ton of SO2, shall be determined each month and will be based on the Cantor Fitzgerald offer price for SO2 Allo▇▇▇▇▇▇, ▇r if such is not available, then another nationally recognized SO2 Allowance trading market price or market price index, at the beginning of the month.

More Definitions of SO2 Allowance

SO2 Allowance means an authorization by the Administrator of the USEPA under the Clean Air Act, 42 U.S.C. Section 7401, et seq., to emit one ton of sulfur dioxide during or after a specified calendar year.

SO2 Allowance means the same as the definition of “allowance” found at 42 U.S.C. Section 7651a(3): “an authorization, allocated to an affected unit, by the Administrator [of EPA]

SO2 Allowance means an authorization to emit a specified amount of SO2 that is allocated or issued under an emissions trading or marketable permit program of any kind established under the Clean Air Act or the Michigan SIP; provided, however, that with respect to any such program that first applies to emissions occurring after December 31, 2018, an “SO2 Allowance” shall include an allowance created and allocated under such program only for control period starting on or after the first anniversary of the Date of Entry of the Consent Decree. (R 336.1201, Act 451, Section 324.5503(b); 2020 Civil Action No. 2:10-cv-13101-BAF- RSW, E.D. Michigan, paragraph 4aaa)

SO2 Allowance means an authorization to emit a specified amount of SO2 that is allocated or issued under an emissions trading or marketable permit program of any kind established under the Clean Air Act or applicable Michigan State Implementation Plan. (U.S. v Lansing Board of Water and Light, CAFO Docket No. CAA-05-2019-0040, 2019, Paragraph 67)

SO2 Allowance means an allowance or authorization used to comply with a SO2 Budget Program, including: (a) an Allowance as that term is defined in 40 CFR § 72.2; (b) a SO2 allowance or authorization (or similar term) as set forth in the U.S. federal Clean Air Interstate Rule published in the Federal Register on May 12, 2005; (c) a SO2 allowance or authorization (or similar term) as set forth in Laws that may be promulgated by the Commonwealth of Pennsylvania or the PaDEP after the date hereof to implement such Clean Air Interstate Rule; and (d) a SO2 allowance or authorization (or similar term) promulgated pursuant to any future U.S. federal or state Law that amends or supersedes any of the foregoing.

SO2 Allowance means an authorization to emit a specified amount of SO2 that is allocated or issued under an emissions trading or marketable permit program of any kind established under the Clean Air Act or applicable State Implementation Plan and that is applicable to Portland Units 1 and 2 as of the Date of Entry of this Consent Decree.