Regulation 225 CMR 13.00: DOER CO2 budget trading program auction regulation

Date:	12/28/2018
Organization:	Massachusetts Department of Energy Resources
Regulatory Authority:	MGL c. 25A, § 6 MGL c. 21A § 22
Official Version:	Purchase the official version

The purpose of 225 CMR 13.00 is to establish rules for the conduct of auctions of CO₂ allowances to be administered by the Department of Energy Resources or its agent as part of the Massachusetts component of the CO₂ Budget Trading Program, which is designed to stabilize and then reduce anthropogenic emissions of CO₂, a greenhouse gas, from CO₂ budget sources in an economically efficient manner that minimizes costs to electricity consumers. 225 CMR 13.00 complements the provisions of the Department of Environmental Protection regulation, 310 CMR 7.70.