LEGAL DISCLAIMER

Disclaimer: All information contained within this document is obtained by BGC Environmental Brokerage Services from sources believed to be accurate and reliable. However, because of the possibility of human and mechanical errors, as well as other factors, such information is provided "as is" without warranty of any kind and BGC Environmental Brokerage Services, in particular, makes no representation or warranty as to the accuracy, timeliness, or completeness of this information. Under no circumstance shall BGC-EBS have any liability to any person or entity for (a) any loss or damage in whole or in part caused by, resulting from, or relating to any error (negligent or otherwise) or other circumstance involved in procuring, collecting, compiling interpreting, analyzing, editing, transcribing, transmitting, communicating, or delivering any such information, or (b) any direct, indirect, special, consequential, or incidental damages whatsoever even if BGC Environmental Brokerage Services is advised in advance of the possibility of such damages, resulting from the use of, or inability to use, any such information. The data and information contained herein are, and must be construed solely as statements of opinions and not statements of fact or recommendations to purchase, sell, or hold SO2 or NOx EAs. All prices are merely indications of interest, do not represent firm bids and offers, and their terms are subject to change without notice.

NO WARRANTY, EXPRESS OR IMPLIED, AS TO THE ACCURACY, TIMELINESS, COMPLETENESS, MERCHANTABILITY, OR FITNESS FOR ANY PARTICULAR PURPOSE OF ANY SUCH DATA OR INFORMATION OR OTHER OPINION IS GIVEN OR MADE BY BGC-EBS IN ANY FORM OR MANNER.

As always BGC-EBS does not trade for its own account. All allowances purchased in the auction or traded in the open market are for our clients. It is BGC Environmental Brokerage’s policy to keep the identity of our clients and their positions in the market in strict confidence.

For more a complete view of the NOx & SO2 markets, information regarding the Bulletin, and other markets please call us at 800-228-2955 x7. Please let us know if we can be of further assistance to you.