225 CMR 13.06(7)
Table 4, minus the total quantity of CO allowances that have been withheld from
any prior auction in that calendar year.
Table 4. ECR Allowance Quantities
2030 and
thereafter
977,265
941,070
904,875
868,680
(c) CO allowances withheld from the auction because the ECR trigger price was met shall
not be resold in any future auction.
(8) No bidder, including any affiliate or agent of such bidder, shall purchase more than 25% of
the allowances offered for sale in any one auction. Such limitation shall not be increased by
CCR allowances, and shall be published in the Auction Notice pursuant to 225 CMR 13.07.
(9) DOER may periodically evaluate the auction program performance and may retire any
previous allocation year allowances that were offered for sale by auction but were not sold and
still remain in the Massachusetts Auction Account.
(10) Proceeds of such auctions shall be deposited into a special revenue account established on
the books of the Commonwealth for such purpose, and shall thereafter be available for
expenditure by DOER subject to the approval of the Secretary of the Executive Office of Energy
and Environmental Affairs. The proceeds of the auctions shall be used:
(a) to reimburse a municipality in which the property tax receipts from an electric
generating station are reduced, as set forth in M.G.L. c. 21A, § 22(c)(1)(i);
(b) to fund the green communities program established in M.G.L. c. 25A, § 10;
(c) to provide zero interest loans to municipalities, which are not green communities under
M.G.L. 25A, § 10, for energy efficiency projects;
(d) to promote energy efficiency, conservation and demand response; and
(e) to reimburse the commonwealth for costs associated with the administration of the cap
and trade program.