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 Standards for ozone. Participation from applicable facilities is mandatory.
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 Exchange
Current listing of requests to buy and sell credits and allowances.
- Form ECT-1H (Annual Compliance Report)
Submit by March 31 after each control period.
- Form ECT-2 (Application for Transfer of Allowances)
Submit no later than January 30 after the control period.
Completed example of the Form ECT-2
- Form ECT-4 (Application for Permanent Transfer of Allowance Ownership)
Submit 30 days prior to transfer.
- Form ECT-5 (Application for Transfer of Individual Future Year Allowances)
Submit to execute transfer.
- Allowance and Emission Reduction Credit Guidance
Guidance for the certification of permanent emission reductions from sources subject to a cap-and-trade program.
Audits and Summary Reports
- Trade Report
List of approved allowance trades.
- 2011 Program Report
Annual summary of allowance allocations, emissions, compliance penalties, and transfers.
- 2007-2010 Program Reports
Annual program reports for previous control periods.
HRVOC Cap Reduction
Beginning on January 1, 2014, the allowance cap will be reduced by 10%, and all site allocations will be re-calculated accordingly. A 5% reduction in the cap will be made on January 1 of 2015, 2016, and 2017 for a total 25% reduction from the initial cap.
After receipt of all ECT-6H forms, the TCEQ will allocate allowances for the 2014 control period and thereafter.