EPA Proposes Rule on Phasedown of Hydrofluorocarbons

On September 16, 2024, the Environmental Protection Agency (EPA) published a proposed rule related to the eligibility of applications to receive application-specific allowances under the American Innovation and Manufacturing Act of 2020. The rule “proposes the framework for how EPA will assess whether to renew the eligibility of applications to receive application-specific allowances; decisions to renew or not renew each of the six applications that currently receive application-specific allowances; revisions to the Technology Transitions regulations as relevant to the specific applications under review; a procedural process for submitting a petition to designate a new application as eligible for priority access to allowances; narrow revisions to the methodology used to allocate allowances to application-specific allowance holders for calendar years 2026 and beyond; and limited revisions to existing regulations.”