[Federal Register: October 1, 2003 (Volume 68, Number 190)]
[Notices]               
[Page 56632]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr01oc03-63]                         

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ENVIRONMENTAL PROTECTION AGENCY

[FRL-FRC-7588-9]

 
Acid Rain Program: Notice of Annual Adjustment Factors for Excess 
Emission Penalty

AGENCY: Environmental Protection Agency.

ACTION: Notice of annual adjustment factors for excess emissions 
penalty.

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SUMMARY: Under the Acid Rain Program, affected units must hold enough 
allowances to cover their sulfur dioxide emissions and meet an emission 
limit for nitrogen oxides. Under 40 CFR 77.6, units that do not meet 
these requirements must pay a penalty without demand to the 
Administrator based on the number of excess tons emitted times $2000 as 
adjusted by an annual adjustment factor that must be published in the 
Federal Register.
    The annual adjustment factor for adjusting the penalty for excess 
emissions of sulfur dioxide and nitrogen oxides under 40 CFR part 77 
for compliance year 2003 is 1.4502. This value is derived from the 
Consumer Price Index for 1990 and 2003, as defined in 40 CFR part 72, 
and corresponds to a penalty of $2900 per excess ton of sulfur dioxide 
or nitrogen oxides emitted.
    The annual adjustment factor for adjusting the penalty for excess 
emissions of sulfur dioxide and nitrogen oxides under 40 CFR part 77 
for compliance year 2004 is 1.4815. This value is derived from the 
Consumer Price Index for 1990 and 2004, as defined in 40 CFR part 72, 
and corresponds to a penalty of $2963 per excess ton of sulfur dioxide 
or nitrogen oxides emitted.

FOR FURTHER INFORMATION CONTACT: Robert Miller, Clean Air Markets 
Division (6204N), U.S. Environmental Protection Agency, 1200 
Pennsylvania Ave., NW., Washington, DC 20460 at (202) 564-9077.

    Dated: September 22, 2003.
Larry F. Kertcher,
Acting Director, Clean Air Markets Division, Office of Atmospheric 
Programs, Office of Air and Radiation.
[FR Doc. 03-24911 Filed 9-30-03; 8:45 am]

BILLING CODE 6560-50-P