97-30245. Acid Rain Program; Notice of Public Workshop on an Emissions Trading Program for Oxides of Nitrogen (NOINFX/INF)

[Federal Register Volume 62, Number 222 (Tuesday, November 18, 1997)]
[Proposed Rules]
[Page 61483]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-30245]


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ENVIRONMENTAL PROTECTION AGENCY

40 CFR Part 52

[FRL-5922-8]


Acid Rain Program; Notice of Public Workshop on an Emissions 
Trading Program for Oxides of Nitrogen (NOX)

AGENCY: Environmental Protection Agency (EPA).

ACTION: Notice of public workshops on a NOX emissions 
trading program. The second workshop will be held on December 11, from 
9 a.m. to 5 p.m., at the Washington National Airport Hilton Hotel.

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SUMMARY: EPA recently issued a Notice of Proposed Rulemaking to reduce 
regional transport of ozone. As part of this rulemaking, EPA is 
developing a multi-state cap and trade program for large stationary 
sources. As a way to increase flexibility and maximize cost savings, 
EPA is offering to administer such a program. States are encouraged to 
participate in the trading program as a simple and cost-effective 
strategy for meeting their state-wide emission budget requirements. It 
is anticipated that a model trading rule will be included in a 
supplemental document of proposed rulemaking for the transport rule in 
early 1998 and will be finalized along with the transport rule in 
September 1998.
    In order to provide a forum for input on the framework of a model 
NOX cap and trade program, EPA decided to hold two public 
workshops. The first workshop was held in early November; a variety of 
comments from States and interested participants were received on the 
trading program framework. The second workshop will be held on December 
11, from 9 a.m. to 5 p.m., at the Washington National Airport Hilton 
Hotel located at 2399 Jefferson Davis Highway, Arlington Virginia. EPA 
will use input from these workshops in developing the model trading 
rule.

FOR FURTHER INFORMATION CONTACT: Stephanie Benkovic in EPA's Acid Rain 
Division (6204J), U.S. Environmental Protection Agency, 401 M Street 
SW, Washington, DC 20460 at [phone].

    Dated: November 10, 1997.
Brian J. McLean,
Director, Acid Rain Division, Office of Atmospheric Programs, Office of 
Air and Radiation.
[FR Doc. 97-30245 Filed 11-17-97; 8:45 am]
BILLING CODE 6560-50-P