RSA 125-O:26 Auction of Budget Allowances.

Any rules adopted by the department relative to auctions, pursuant to RSA 125-O:8, I(d), shall provide that they:
I. Shall be conducted based on the schedule and frequency adopted by the department in consultation with other entities participating in the RGGI program;
II. Shall include the sale of allowances for current years and may include the sale of allowances for future years to promote transparency and price stability in a manner to be determined by the department in coordination with the regional organization;
III. Shall include auction design elements that minimize allowance price volatility, guard against bidder collusion, and mitigate the potential for market manipulation;
IV. Shall include provisions to address, and to the extent practicable minimi