Clean Air Set-Aside (CASA)

Section 225.555  Clean Air Set-Aside (CASA) a)         A project sponsor may apply for allowances from the CASA for sponsoring an energy efficiency and conservation, renewable energy, or clean technology project as set forth in Section 225.560 by submitting the application required by Section 225.570. b)         Notwithstanding subsection (a) of this Section, a project sponsor with a CAIR NO x Ozone Season source that is out of compliance with this Subpart for a given control period may not apply for allowances from the CASA for that control period.  If a source receives CAIR NO x Ozone Season allowances from the CASA and then is subsequently found to have been out of compliance with this Subpart for the applicable control period or periods, the project sponsor must restore the CAIR NO x Ozone Season allowances that it received pursuant to its CASA request or an equivalent number of CAIR NO x Ozone Season allowances to the CASA within six months after receipt of an Agency notice that NO x Ozone Season allowances must be restored.  These allowances will be assigned to the fund from which they were distributed. c)         CAIR NO x Ozone Season allowances from the CASA will be allocated in accordance with the procedures in Section 225.575. d)         The project sponsor may submit an application that aggregates two or more projects under a CASA project category that would individually result in less than one allowance, but that equal at a minimum one whole allowance when aggregated.