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Current as of October 02, 2022 | Updated by FindLaw Staff
(a) Deficit carryforward. A refiner or importer may exceed the annual average sulfur standard for a given calendar year, creating a compliance deficit, provided that, in the calendar year following the year the standard is not met, the refinery or importer—
(1) Achieves compliance with the annual average sulfur standard in § 80.1603(a)(1); and
(2) Uses additional sulfur credits sufficient to offset the compliance deficit of the previous year.
(b) The compliance deficit value shall be calculated in accordance with § 80.1603(f)(3).
Cite this article: FindLaw.com - Code of Federal Regulations Title 40. Protection of Environment § 40.80.1605 Deficit carryforward for refiners and importers - last updated October 02, 2022 | https://codes.findlaw.com/cfr/title-40-protection-of-environment/cfr-sect-40-80-1605/
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