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Rule 2202
MSERCs
Stationary:
California Carbon
CAIR
RECLAIM
HGA MECT
DERCs
SO2
ERCs

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ebs@bgcpartners.com

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EMISSIONS

USA Compliance

Mobile:

 

Ride Share Credits (Rule 2202)

Administered by the SCAQMD, this program was established to reduce the number of employees commuting during peak hours.  Companies have a variety of compliance options, including the purchase of Rule 2202 credits. To email one of our Rule 2202 credit experts click here.

Mobile Source ERCs (MSERCs)

Mobile Source Emission Reduction Credits (MSERCs) are credits created from the reduction of emissions from both on and off road vehicles.  These programs are administered by the state or region and vary significantly.

Stationary:

 

SO2 (Acid Rain)

In 2000, the EPA began Phase II of the sulfur dioxide (SO2) program. Under Title IV of the 1990 Clean Air Act Amendments, SO2 emissions must be reduced by 10 million tons from 1980 levels. The program currently affects existing utility generators with an output capacity of greater than 25 megawatts and all new utilities. For bids, offers, and trades click here.

California Carbon

EPA administers the NOx Budget Trading Program under the “NOx SIP Call.” The NOx Budget Trading Program is a market-based cap and trade program created to reduce emissions of oxides of nitrogen (NOx) from power plants and other large combustion sources in the eastern United States. For bids, offers, and trades click here.

CAIR

Administered by EPA, CAIR will permanently cap emissions of sulfur dioxide (SO2) and oxides of nitrogen (NOx) in the eastern United States. CAIR achieves large reductions of SO2 and/or NOx emissions across 28 eastern states and the District of Columbia.

RECLAIM

RECLAIM is a market-based Cap and Trade program to regulate oxides of nitrogen (NOx) and oxides of sulfur (SOx) emissions from sources with emissions greater than 4 tons located in Southern California (SCAQMD). For bids, offers, and trades click here.

Houston Cap & Trade

Houston/Galveston Mass Emission Cap & Trade Program (MECT) is administered by the Texas Commission on Environment Quality (TCEQ).  The program establishes a mandatory declining annual NOx emission cap for major source facilities. For bids, offers, and trades click here.

Renewable Portfolio Standards

Many states have established renewable energy goals, in which the states allow RECs to be used to meet these goals.  Administered by the individual states, affected sources must meet various program objectives depending on where they are located. For bids, offers, and trades click here.

Emission Reduction Credits (ERCs)

Emission Reduction Credits (“ERCs”) or Offsets must meet federal, state and local creation criteria to be certified.  ERCs are often required for new or expanding sources to offset their potential emission increases.  ERC offset requirements vary by state and attainment classification.

Discrete Emission Reduction Credits (DERCs)

Discrete Emission Reductions Credits (“DERC’s”) are reductions in emissions that occur over a specified time and do not continue into the future.  These programs vary greatly by state or region. Click here to email one of our ERC experts.