# COMAR Title 26 — Department of the Environment

## Subtitle 09 — Maryland Co2 Budget Trading Program

### Chapter 04 — Auctions

#### Regulation .03 Consumer Energy Efficiency Account.

*COMAR 26.09.04.03*

A. The Department shall establish the Consumer Energy Efficiency Account, referred to in this subtitle as the Account, as described in COMAR 26.09.02. Each allowance to be auctioned shall be identified by its serial number as described in COMAR 26.09.02.

B. The Department shall administer the Account in such a manner that allowances allocated to the Account or transferred to it from the Long Term Contract Set-aside Account, the Voluntary Renewable Set-aside Account, the Clean Generation Set-aside Account, or the CO2 Allowance Contingency Account may be offered for sale in CO2 allowance auctions as described in COMAR 26.09.02.

C. The proceeds of the auction shall be placed into the Fund.

D. The Department shall use the proceeds it receives from the Fund for climate change programs.