Notice2023-21664
Acid Rain Program: Excess Emissions Penalty Inflation Adjustments
Primary source
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Published
October 2, 2023
Issuing agencies
Environmental Protection Agency
Abstract
The Acid Rain Program requires sources that do not meet their annual Acid Rain emissions limitations for sulfur dioxide (SO<INF>2</INF>) or nitrogen oxides (NO<INF>X</INF>) to pay inflation- adjusted excess emissions penalties. This document provides notice of the annual adjustment factors used to calculate excess emissions penalties for compliance years 2023 and 2024.
Full Text
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<title>Federal Register, Volume 88 Issue 189 (Monday, October 2, 2023)</title>
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[Federal Register Volume 88, Number 189 (Monday, October 2, 2023)]
[Notices]
[Page 67748]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2023-21664]
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ENVIRONMENTAL PROTECTION AGENCY
[FRL-11423-01-OAR]
Acid Rain Program: Excess Emissions Penalty Inflation Adjustments
AGENCY: Environmental Protection Agency (EPA).
ACTION: Notice of annual adjustment factors.
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SUMMARY: The Acid Rain Program requires sources that do not meet their
annual Acid Rain emissions limitations for sulfur dioxide
(SO<INF>2</INF>) or nitrogen oxides (NO<INF>X</INF>) to pay inflation-
adjusted excess emissions penalties. This document provides notice of
the annual adjustment factors used to calculate excess emissions
penalties for compliance years 2023 and 2024.
FOR FURTHER INFORMATION CONTACT: Jason Kuhns at (202) 564-3236 or
<a href="/cdn-cgi/l/email-protection#3a514f52544914505b4955547a5f4a5b145d554c"><span class="__cf_email__" data-cfemail="acc7d9c4c2df82c6cddfc3c2ecc9dccd82cbc3da">[email protected]</span></a>.
SUPPLEMENTARY INFORMATION: The Acid Rain Program limits SO<INF>2</INF>
and NO<INF>X</INF> emissions from fossil fuel-fired electricity
generating units. All affected sources must hold allowances sufficient
to cover their annual SO<INF>2</INF> mass emissions, and certain coal-
fired units must meet annual average NO<INF>X</INF> emission rate
limits. Under 40 CFR 77.6, any source that does not meet these
requirements must pay an excess emissions penalty without demand to the
EPA Administrator. The automatic penalty is computed as the number of
excess tons of SO<INF>2</INF> or NO<INF>X</INF> emitted times a per-ton
penalty amount of $2,000 times an annual adjustment factor, which must
be published in the Federal Register.
The annual adjustment factor used to compute excess emissions
penalties for compliance year 2023 is 2.377, resulting in an automatic
penalty amount of $4,754 per excess ton of SO<INF>2</INF> or
NO<INF>X</INF> emitted in 2023. In accordance with 40 CFR 77.6(b) and
72.2, this annual adjustment factor is determined from values of the
Consumer Price Index for All Urban Consumers (CPI-U) for August 1989
and August 2022.
The annual adjustment factor used to compute excess emissions
penalties for compliance year 2024 is 2.464, resulting in an automatic
penalty amount of $4,928 per excess ton of SO<INF>2</INF> or
NO<INF>X</INF> emitted in 2024. This annual adjustment factor is
determined from values of the CPI-U for August 1989 and August 2023.
Rona Birnbaum,
Director, Clean Air Markets Division, Office of Atmospheric Programs,
Office of Air and Radiation.
[FR Doc. 2023-21664 Filed 9-29-23; 8:45 am]
BILLING CODE 6560-50-P
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