[Code of Federal Regulations]
[Title 40, Volume 14]
[Revised as of July 1, 2003]
From the U.S. Government Printing Office via GPO Access
[CITE: 40CFR74.26]

[Page 188-189]
 
                   TITLE 40--PROTECTION OF ENVIRONMENT
 
         CHAPTER I--ENVIRONMENTAL PROTECTION AGENCY (CONTINUED)
 
PART 74--SULFUR DIOXIDE OPT-INS--Table of Contents
 
        Subpart C--Allowance Calculations for Combustion Sources
 
Sec. 74.26  Allocation formula.

    (a) The Administrator will calculate the annual allowance allocation 
for a combustion source based on the data, corrected as necessary, under 
Sec. 74.20 through Sec. 74.25 as follows:
    (1) For combustion sources for which the current promulgated 
SO2 emissions limit under Sec. 74.25 is greater than or equal 
to the current allowable SO2 emissions rate under Sec. 74.24, 
the number of allowances allocated for each year equals:
[GRAPHIC] [TIFF OMITTED] TR04AP95.007

    (2) For combustion sources for which the current promulgated 
SO2 emissions limit under Sec. 74.25 is less than the current 
allowable SO2 emissions rate under Sec. 74.24.
    (i) The number of allowances for each year ending prior to the 
effective date of the promulgated SO2 emissions limit equals:
[GRAPHIC] [TIFF OMITTED] TR04AP95.008

    (ii) The number of allowances for the year that includes the 
effective date of the promulgated SO2 emissions limit and for 
each year thereafter equals:

[[Page 189]]

[GRAPHIC] [TIFF OMITTED] TR04AP95.009


[60 FR 17115, Apr. 4, 1995, as amended at 63 FR 18841, Apr. 16, 1998]