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173-446-300  <<  173-446-310 >>   173-446-315

PDFWAC 173-446-310

Public notice.

(1) At least 60 calendar days before an auction, ecology shall provide notice of the auction to the Environmental Justice Council and to the public, setting out the following information:
(a) The day on which, and time period during which, bidding in the auction may take place;
(b) The location or internet address at which the auction will be held;
(c) A summary of the requirements of this rule relating to the auction or sale, including the auction floor price and the emissions containment reserve trigger price;
(d) A summary of the auction process;
(e) For each allowance being offered for sale at the auction, the vintage year, if any, of the allowance; and
(f) The number of allowances of each vintage year being offered for sale at the auction.
(2) Ecology may, at any time after providing a notice under subsection (1) of this section, change the information included in the notice by providing notice of the change using the same methods used to provide the original 60-day notice of the auction.
(3) Ecology may delay the day on which bidding in the auction may take place by up to 10 business days by providing notice using the same methods used to provide the original 60-day notice of the auction.
(4) If ecology changes the day on which the bidding in the auction may take place by more than 10 business days, ecology must provide a new 60-day notice.
(5) Subject to subsections (6) and (7) of this section, if the day on which bidding in the auction may take place is changed by 10 business days or less, all requirements under this chapter for which there is a time limit determined in relation to the day on which bidding takes place, shall be determined in relation to the new day as specified in the notice of change.
(6) Subsection (5) of this section does not apply with respect to a requirement if, before the day on which ecology provides a notice of a change, the time limit in respect to the requirement expired.
(7) Despite subsection (5) of this section, if a registered entity has given a bid guarantee in accordance with WAC 173-446-325 for the purpose of bidding in an auction and the day of the auction is subsequently changed, the registered entity is not required to provide a new bid guarantee.
[Statutory Authority: RCW 70A.65.220. WSR 22-20-056 (Order 21-06), ยง 173-446-310, filed 9/29/22, effective 10/30/22.]