ILLINOIS POLLUTION CONTROL BOARD

January

12,

1984

IN

THE MATTER OF:

EMISSION REDUCTION BANKING,

)

R82—15

Chapter

2:

ORDER OF THE BOARD

(by J,

Anderson):

On July

1,

1982 the Board on

its

own motion opened this

docket and ordered that an Inquiry Hearing be held on the subject

of Emission Reduction Banking.

The purpose of this

inquiry was

to consider whether ~banking”

regulations were necessary,

and,

if

so, what issues should

he addressed,

The Board also noted that

the inquiry might provide

a basis

for

a regulatory proposal.

An

Inquiry Hearing was held

in Chicago on September

24,

1982,

at

which several witnesses supported

the

Board~s initiative

in this

area;

however,

no regulatory proposal has been forthcoming.

Given the lack

of

a

regulatory

proposal

in this matter,

the

Board today hereby dismisses this docket.

The Board notes that

this action does not constitute a

finding

that there

is no need

to establish a state regulatory

structure for Emission Reduction Banking.

Additionally,

the

Board notes

that

it has been advised that

a study on this subject

by the Department of Enerqy and Natural Resources

is nearing

IT IS SO ORDERED.

I,

Christan L,

Moffett, Clerk of the Illinois Pollution

Control Epard, hereby c~rtify

that the above Order

was adopted

on

the

~~~day

of

____

,

1984 by a vote

of

~~j~______

Christan L~

Moffe4~ ~Clerk

Illinois

Pollution~ô~ntrolBoard