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EPA/OAR | RIN: 2060-AV45 | Publication ID: Spring 2023 |
Title: Phasedown of Hydrofluorocarbons: Allowance Allocation Methodology for 2024 and Later Years | |
Abstract: This rule will continue to implement the hydrofluorocarbon (HFC) phasedown under the American Innovation and Manufacturing (AIM) Act. A prior rulemaking established a framework for the allowance allocation and trading program to phase down HFC production and consumption over time, and also established the production and consumption baselines, codified the list of controlled substances that will be covered by those baselines, determined an approach to allocating annual allowances for 2022 and 2023 and allowing for trading of those allowances, established recordkeeping and reporting requirements, introduced a robust, agile, and innovative compliance and enforcement system, and addressed other related elements. To continue phasing down the production and consumption of listed HFCs on the schedule listed in the AIM Act, this rulemaking will determine an approach to allocating annual production and consumption allowances in 2024 and later years, revise provisions related to the allocation methodology, amend the consumption baseline to reflect updated data, and make adjustments based on the lessons learned from implementation of the framework rule. | |
Agency: Environmental Protection Agency(EPA) | Priority: Economically Significant |
RIN Status: Previously published in the Unified Agenda | Agenda Stage of Rulemaking: Final Rule Stage |
Major: Yes | Unfunded Mandates: No |
CFR Citation: 40 CFR 84 | |
Legal Authority: 42 U.S.C. 7675 |
Legal Deadline:
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Timetable:
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Additional Information: . | |
Regulatory Flexibility Analysis Required: No | Government Levels Affected: Federal |
Federalism: No | |
Included in the Regulatory Plan: No | |
RIN Data Printed in the FR: No | |
Agency Contact: Wei-An Chang Environmental Protection Agency Office of Air and Radiation 1200 Pennsylvania Avenue NW, Washington, DC 20460 Phone:202 564-6658 Email: chang.andy@epa.gov |