§ 7:27C-5.1. New Jersey COBudget Trading Program base budget
(a) The New Jersey CO[2] Budget Trading Program annual base budget for the allocation years 2020 and later is as follows:
1. For the 2020 allocation year, 18,000,000 tons;
2. For the 2021 allocation year, 17,460,000 tons;
3. For the 2022 allocation year, 16,920,000 tons;
4. For the 2023 allocation year, 16,380,000 tons;
5. For the 2024 allocation year, 15,840,000 tons;
6. For the 2025 allocation year, 15,300,000 tons;
7. For the 2026 allocation year, 14,760,000 tons;
8. For the 2027 allocation year, 14,220,000 tons;
9. For the 2028 allocation year, 13,680,000 tons;
10. For the 2029 allocation year, 13,140,000 tons; and
11. For the 2030 and each succeeding allocation year, 12,600,000 tons. 7:27C-5.2 CO[2] allowance allocations
(Adopted by 51 N.J.R. 992(a), effective June 17, 2019)
Section 7:27C-5.2 - CO[2] allowance allocations
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