; (2) paying an amount equal to the product of the alternative compliance payment, in the amount specified in subsection (h), times the number of clean electricity credits that would otherwise be due under paragraph (1) in the compliance period; or (3) taking a combination of the actions described in paragraphs (1) and (2). (c) Federal clean electricity credit trading program (1) Establishment Not later than 180 days after the program trigger date, the Secretary shall establish a Federal clean electricity credit accounting and trading program under which clean electricity credits may be acquired, sold, transferred, and held and electric utilities may submit to the Secretary clean electricity credits to comply with the requirements of this section. (2) Clean electricity credits Each year, the Secretary shall issue to each generator of electric energy a quantity of clean electricity credits determined in accordance with subsection (d). (3) Administration Each clean electricity credit issued under this subsection shall be used only once for the purpose of complying with the requirements of this section. (4) Delegation of program administration In carrying out this subsection, the Secretary may delegate— (A) to the Commission, the implementation of some or all of the program established under paragraph (1)