Current through Register Vol. 63, No. 12, December 1, 2024
(1) Covered entities are eligible to receive
one or more CCI credits if they contribute CCI funds according to this rule.
Covered EITE sources and covered DNG sources are ineligible to receive CCI
credits for contributions made to a CCI entity prior to January 1, 2028.
(a) The covered entity may receive CCI
credits only for contributions to a CCI entity that has been approved by DEQ
according to OAR 340-273-0920(1) and that has entered into a written agreement
with DEQ to accept and administer CCI funds according to OAR
340-273-0920(2).
(b) If more than
one CCI entity is approved to accept funds according to subsection (a) the
covered entity must contribute an equal amount of CCI funds to each CCI entity
that may receive funds consistent with its agreement with DEQ according to OAR
340-273- 0920(2). The contribution amount to each CCI entity may vary by up to
one US dollar.
(2) A
covered entity must apply to receive CCI credits by submitting an application
to DEQ, on a form approved by DEQ that includes the information described in
section (3). A covered entity may not submit an application to request CCI
credits on behalf of another person.
(3) A covered entity that submits an
application to DEQ to request CCI credits must submit a complete and accurate
application. The application must include:
(a) Information about the covered entity,
including:
(A) Name and full mailing address;
and
(B) Designated representative's
contact information including name, title or position, phone number, and email
address;
(b) The name of
each CCI entity that received CCI funds from the covered entity;
(c) A copy of the receipt(s) described in OAR
340-273-0930(1)(a) received from each CCI entity;
(d) The total CCI funds (in US dollars)
contributed to each CCI entity, excluding any fees; and
(e) The following attestation, signed by the
designated representative of the covered fuel supplier:
I certify under penalty of perjury under the laws of
the State of Oregon that to the best of my knowledge and belief the information
in this application is true, accurate, and complete. [Covered entity]
contributed the community climate investment funds noted in this application to
each community climate investment entity listed for the purposes of supporting
eligible projects as described in OAR
340-273-0900.
(4)
(a) A
covered entity seeking to receive CCI credits in order to use them to
demonstrate compliance for a particular compliance period must submit its
application to DEQ no later than November 14 of the year it will demonstrate
compliance according to OAR 340-273-0450, or 11 days after DEQ's notice
described in OAR 340-273-0450(1), whichever is later.
(b) DEQ's determination of the quantity of
CCI credits to generate and distribute is based on the amount of the covered
entity's contribution to CCI entities, as documented in its application and the
CCI credit contribution amount described in Table 6 in OAR 340-273-9000 that
was in effect on the date the contribution was made, adjusted for inflation
according to OAR 340-273-0820(3).
Statutory/Other Authority: ORS
468.020,
468A.025 &
468A.040
Statutes/Other Implemented: ORS
468.020,
468A.025,
468A.040,
468.035,
468A.010,
468A.015 &
468A.045
