40 CFR §74.26

1. (a)The Administrator will calculate the annual allowance allocation for a combustion source based on the data, corrected as necessary, under § 74.20 through § 74.25 as follows:
   1. (1)For combustion sources for which the current promulgated SO2 emissions limit under § 74.25 is greater than or equal to the current allowable SO2 emissions rate under § 74.24, the number of allowances allocated for each year equals:
   2. (2)For combustion sources for which the current promulgated SO2 emissions limit under § 74.25 is less than the current allowable SO2 emissions rate under § 74.24.
      1. (i)The number of allowances for each year ending prior to the effective date of the promulgated SO2 emissions limit equals:
      2. (ii)The number of allowances for the year that includes the effective date of the promulgated SO2 emissions limit and for each year thereafter equals: