LAC 33:III.619. Emission Reduction Credit Bank

A. The department shall maintain a banking database that shall consist of a record of all information concerning applications, deposits, withdrawals, and transactions, as well as pertinent date(s) concerning such information. All data in the banking database shall be available to the public upon request. B. ERC Certificates. Certificates shall be issued for approved ERCs. A record of each ERC certificate issued shall be retained by the department. Each ERC certificate shall, at minimum: 1. bear the date of issuance; 2. be signed by the permitting authority; 3. include the owner(s)' name(s) and address(es); 4. state the name or description of the eligible source from which the emission reduction occurred; 5. indicate the method of ERC creation; 6. show the quantity of the ERC and type of pollutant; and 7. show when the emission reduction occurred. C. Multiple ERC Certificates and Multiple Ownership. Single or multiple ERC certificates may be issued for a particular emission reduction project. At the owner(s)' request, multiple ERC certificates shall be issued for each owner's proportional share.