Sec. 384.012. POWERS AND DUTIES. An organization shall have the authority to: (1) receive and use funds; (2) have an account at the Texas Commission on Environmental Quality Air Emission Reduction Credit Bank; (3) acquire emission reduction credits through purchase, donation, or other means; (4) transfer emission reduction credits by sale or other means; (5) identify, evaluate, promote, initiate, and facilitate potential projects and strategies to generate emission reduction credits; (6) provide financial assistance for projects to generate emission reduction credits; (7) employ staff; (8) enter into contracts; and (9) consider sustainability of projects.
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