§ 84.7 - Phasedown schedule.

§ 84.7 Phasedown schedule.

Cross Reference

Link to an amendment published at 88 FR 46895, July 20, 2023.

(a) Phasedown from baseline. Total production and consumption of regulated substances in the United States in each year cannot exceed the amounts (shown as a percentage of baseline) in the following table:

Date	Percentage of production baseline (percent)	Percentage of consumption baseline (percent)
(1) 2022–2023	90	90
(2) 2024–2028	60	60
(3) 2029–2033	30	30
(4) 2034–2035	20	20
(5) 2036 and thereafter	15	15

(b) Annual production and consumption limits.

(1) The production baseline for regulated substances is 382,535,439 metric tons of exchange value equivalent.

(2) The consumption baseline for regulated substances is 303302,887538,017 316 metric tons of exchange value equivalent.

(3) Total production and consumption in metric tons of exchange value equivalent for regulated substances in the United States in each year is derived by multiplying the production baseline or consumption baseline by the percentage in paragraph (a) of this section. Total production and consumption allowances issued under this subpart may not exceed the quantities shown in the following table:

Table 2 to Paragraph (b)(3)

Year	Total production (MTEVe)	Total consumption (MTEVe)
(i) 2022–2023	344,299,157	273,498,315
(ii) 2024–2028	229,521,263182	181,332522,210 990
(iii) 2029–2033	114,760,63291	90,166761,105 495
(iv) 2034–2035	76,507,088	60,777507,403 663
(v) 2036 and thereafter	57,380,316	45,583380,053747

[86 FR 55201, Oct. 5, 2021, as amended at 88 FR 44225, July 12, 2023; 88 FR 46895, July 20, 2023]