SAN DIEGO COUNTY AIR POLLUTION CONTROL DISTRICT
RULE 26.9 - EMISSION REDUCTION CREDIT CERTIFICATES AND THE EMISSION REDUCTION CREDIT REGISTER
(Adopted and Effective: 10/22/97)
(a) EMISSION REDUCTION CREDIT APPROVAL: CERTIFICATE ISSUANCE AND REGISTRATION
Upon approval by the Air Pollution Control Officer of an ERC banking application, such reductions shall be recorded in an ERC register and the Air Pollution Control Officer shall issue a certificate evidencing ownership of such banked reductions to the owner(s) of the ERC. The owner or owners of approved ERCs have the exclusive right to use them and to authorize their use. Certificates evidencing ownership of approved reductions shall not constitute instruments, securities, or any other form of property.
(b) EMISSION REDUCTION CREDIT CERTIFICATES
ERC Certificates shall be issued by the District for approved ERCs and shall contain, at a minimum:
(c) EMISSION REDUCTION CREDIT REGISTER
An ERC register shall be maintained by the District and shall record, at a minimum:
If any current or future changes in federal or state laws, rules, regulations or requirements would render an ERC invalid, the Air Pollution Control Officer shall note this in the ERC register for that ERC together with the potential impact on the quantity or quality of the ERC.
(d) REGISTRATION OF TRANSFERRED EMISSION REDUCTION CREDITS
If an ERC is transferred, the ERC register shall include, in addition to the information specified in Section (c), the original ERC certificate number, the name of the transferror, the name of the transferree and the new ERC certificate number.
(e) PUBLIC INSPECTION OF EMISSION REDUCTION CREDIT REGISTER
The ERC register shall be open to public inspection.