Highly-Reactive Volatile Organic Compound Emissions Cap and Trade Program
Program participants are required to use allowances to cover HRVOC emissions on an annual basis. The allowances available for use each year are capped at a level necessary to attain the National Ambient Air Quality Standard for ozone. Affected sites are required to participate.
For more information, including applicability requirements, refer to 30 TAC Chapter 101, Subchapter H, Division 6 Chapter 115, Subchapter H, Division 1 (Vent Gas Control) and Chapter 115 Subchapter H, Division 2 (Cooling Tower Heat Exchange Systems).
- Credit and Allowance Registry
Search for sites, companies, projects, portfolios, certificates, etc.
Credit and Allowance Registry Abbreviations
- Credit and Allowance Exchange
Current listing of requests to buy and sell credits and allowances.
- Annual Compliance Report (Form ECT-1H)
Submit by March 31 after each control period.
- Application for Transfer of Allowances (Form ECT-2)
Submit no later than January 30 after the control period.
Completed example of the Form ECT-2
- Application for Permanent Transfer of Allowance Ownership (Form ECT-4)
Submit 30 days prior to transfer.
- Application to Use Allowances for Offset Requirements (Form ECT-4O)
Submit December 2 of the year before the facility begins operation.
- Application for Transfer of Individual Future Year Allowances (Form ECT-5)
Submit to execute transfer.
- Guidance on the Use of Allowances for Nonattainment New Source Review Permit Offset Requirements, October 2013
Audits and Summary Reports
- Trade Report
List of approved allowance trades.
- Summary Reports
Annual summary of allowance allocations, emissions, compliance penalties, and transfers.
In accordance with 30 Texas Administrative Code §101.394(a)(1)(B), a 10% reduction from the existing HRVOC emission cap of 3,451.5 tons will begin with the 2014 calendar-year control period. The HRVOC emission cap will then be reduced in 5% increments at the start of each calendar-year control period for 2015, 2016, and 2017 for an overall 25% reduction. The final HRVOC emission cap is set at 2,588.6 tons for 2017 and all subsequent control periods.
The preliminary HRVOC allowance allocations for the 2014 and beyond control periods were revised because PL Propylene, Kaneka Pasadena, and ExxonMobil Chemical Baytown Chemical Plant were not in the appropriate industry sector. The TCEQ notified these companies, verified that all other sites were in the appropriate industry sector, and revised the HRVOC allowance allocations accordingly.
The final HRVOC allowance allocations for the 2014 and beyond control periods for eligible sites are now available. The TCEQ will begin updating the banking database on October 25, 2013, to ensure that the HRVOC allowance allocations are in the account for each eligible site by November 15, 2013.