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NOx Trading Programs
Overview of NOx Trading Programs
All NOx trading programs have the same goal: reduce the transport of
ground-level ozone across large distances. However, the programs have
different developed through different mechansisms, which has led to differences
in the number of states involved, the timing of the compliance period
each year, and the expected reductions.
Detailed information is available on the home page for each program,
but the following table summarizes the key differences:
| |
Ozone Transport Commission (OTC) NOx
Budget Program |
NOx State Implementation Plan (SIP)
Call |
| States Covered |
CT, DC, DE, MA, MD, ME, NH, NJ, NY, PA, RI, VT |
AL, CT, DC, DE, IL, IN, KY, MA, MD, MI, NC, NJ, NY, OH, PA, RI,
SC, TN, VA, WV (Phase 1); GA, MO (Phase 2) |
| Compliance Period |
May 1 - September 30 of each year |
May 1 - September 30 of each year
(In 2004 the compliance period begins May 31.) |
| Initial Compliance Year |
1999 |
2003/2004 (Phase 1); 2007 (Phase 2) |
| Emissions Cap |
219,000 tons in 1999;
143,000 tons in 2003 |
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| Baseline Year |
1990 |
1995 |
| Baseline Emissions |
490,000 tons |
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| Program Owner |
OTC; Allowances set by OTC, program administered by EPA |
States and EPA; States have the option of participating in the trading
program and establishing unit allocations, program administered by
EPA |
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