Multi-state Auction Option

(1) DOER shall participate in a multi-state CO allowance auction or auctions in coordination with other RGGI Participating States, if it determines that: (a) a multi-state auction capability and process is in place for the Participating States; (b) the multi-state auction can provide benefits to the Commonwealth that meet or exceed the benefits conferred on the Commonwealth through its own state-run auction process; and (c) the multi-state auction process would be consistent with the process described in 225 CMR 13.00. (2) Upon making such determination, DOER shall designate an agent, pursuant to 225 CMR 13.06(1), to administer the multi-state auction in a manner consistent with the auction rules and procedures set forth in 225 CMR 13.00. (3) Such determination to participate in the multi-state auction shall be published no later than 45 days prior to such multi-state auction on the CO Allowance Auction Website. (4) DOER shall retain control over the proceeds associated with the sale of all of Massachusetts CO allowances sold in a multi-state CO allowance auction, and will administer the proceeds in accordance with 225 CMR 13.06(9). DOER shall retain its authority to enforce compliance with all sections of 225 CMR 13.00.