An Act To Update the Allowance Budget for the Regional Greenhouse Gas Initiative
Sec. 1. 38 MRSA §580-B, sub-§3, as amended by PL 2013, c. 369, Pt. D, §4, is further amended to read:
Sec. 2. 38 MRSA §580-B, sub-§3-A, as enacted by PL 2013, c. 369, Pt. D, §5, is amended to read:
This bill establishes for each year from 2021 to 2030 the amount of allowances the State can auction as a participant in the regional greenhouse gas initiative. It also establishes the adjustments for banked allowances that must be made to the base annual carbon dioxide emissions budgets for 2021 to 2025.