I. The department shall reserve from auction, for retirement purposes, a quantity of budget allowances, not to exceed one percent of the annual budget, equivalent to the CO2 emissions reductions associated with renewable energy certificates recognized under N.H. Rev. Stat. Chapter 362-F and purchased voluntarily by electricity customers and not resold.
II. Budgeted allowances reserved under paragraph I not retired at the end of each year shall be auctioned the following calendar year.

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Terms Used In New Hampshire Revised Statutes 125-O:25

  • following: when used by way of reference to any section of these laws, shall mean the section next preceding or following that in which such reference is made, unless some other is expressly designated. See New Hampshire Revised Statutes 21:13