RSA 125-O:22 Compliance; Permit Required.

I. Each affected CO₂ source shall obtain and retire a quantity of RGGI allowances equivalent to its CO₂ emissions from fossil-fuel fired generation for each compliance period. Such retirement shall be done in stages. At the end of both the first and second year of the compliance period, RGGI allowances equal to 1/2 of the affected source's CO₂ emissions during each respective year shall be retired. At the end of the third year of the compliance period, the balance of the total allowances due shall be retired. The retirement of allowances at the end of the first and second year shall not apply to the compliance period ending December 31, 2014.
II. An affected CO₂ source may use offset allowances for up to 3.3 percent of its compliance