Making a difference today, for a better world tomorrow.
At ClimeCo, I work with a group of individuals whose diverse skills, environmental savvy and creativity are second to none—especially when it comes to obtaining hard-to-find credits for clients in highly regulated markets or where regional nonattainment rules can hinder opportunities for growth.
– Gary T. Yoder, VP, Environmental Services
Regional Air Quality
Population growth in many U.S. cities has led to an increase in motor vehicles and a consequent decrease in air quality. A number of these areas have failed to achieve National Ambient Air Quality Standards (NAAQS). This leads to a nonattainment designation and, with it, a complex set of rules for stationary source permitting.
Nonattainment status can be particularly problematic for industries that wish to build new production facilities or expand existing processes. To help alleviate some of these problems, the Clean Air Act Amendments of 1990 allow for the provision of regional cap-and-trade markets and the creation of ERCs from existing sources. The rules and administration of such programs are typically performed at the state or local level.
ClimeCo has significant experience helping clients navigate the daunting Nonattainment New Source Review (NNSR) permitting process. This process often requires the use of extensive air dispersion modeling, which is performed by our in-house air quality professionals, along with the acquisition of ERCs from existing or previous production sources.
Air Quality Consulting
Our expert air quality consulting team evolved from our efforts to develop projects that create tradable environmental assets. These projects frequently require air permitting and dispersion modeling support.
Whether we are assisting management teams with regulatory impact evaluations or implementing air permit compliance systems, ClimeCo’s air-quality team delivers incomparable compliance advisory and support services to industrial and institutional organizations nationwide. Our experience spans numerous programs, such as:
- Synthetic Minor and Title V
- State and federal construction permits
- Maximum Achievable Control Technology (MACT)
- Best Achievable Control Technology (BACT)
- Lowest Achievable Emission Rate (LAER)
- Prevention of Significant Deterioration (PSD)
- Nonattainment New Source Review (NNSR)
Our expertise focuses on:
- Air permitting and project planning consultation
- Regulatory applicability consultation
- Regulatory authority interface
- Air pollution control evaluation
- Air dispersion modeling
- Emission factor development
- Air permit application development
- Compliance audits
- Emission inventories
- Source testing coordination
- Monitoring of, recordkeeping for, and reporting on compliance system development
- Air permit renewal applications
- Standard operating procedures development
ClimeCo assists organizations in the management and optimization of their ERC portfolios through the following services:
ClimeCo offers complete transaction support services to facilitate the trading of ERCs, including NOx, VOCs, PM and SO2, between regulated entities. Whether your company needs ERCs to satisfy permitting requirements or would like to monetize a portion of your commodity profile, ClimeCo provides support through the following services:
- Sourcing ERCs to meet permitting requirements
- Marketing ERCs for revenue generation opportunities
- Arranging swaps between different vintages, pollutants or regions
Project Development Services
ClimeCo actively serves clients in nonattainment areas, where available ERCs are scarce. This dearth of supply often leads to lengthy delays in obtaining permits for new sources or plant expansions. The problem is particularly acute in Texas, Louisiana and Pennsylvania nonattainment areas, where a recent revival in refining and petrochemical production has led to many announced expansion projects, thus creating high demand for and extreme shortages of ERCs.
ClimeCo works with companies operating in these nonattainment areas to create projects that voluntarily reduce emissions of key ozone-creating pollutants, such as NOx and VOCs, from existing sources to create new ERCs they can sell. Proceeds from the sale of these credits not only offset their project costs, but also can generate a healthy return on their investment.
ClimeCo uses a comprehensive screening process to develop custom-tailored credit generation strategies that align with state-specific requirements. We deliver the final determination of a facility’s environmental asset position in a multi-benefit screening assessment report that prioritizes potential ERC generation projects based on generation approach, including process optimization, process decommission, add-on air pollution controls, risks, and capital and operating costs.
Our turnkey project development services include:
- Facilitating the transition from an ERC program strategy to a generation strategy, including preparing and submitting state-specific regulatory forms required for ERC certification
- Overseeing the design and installation of air pollution control systems through our technology partnerships and in-house design-build expertise
- Developing market interest through the diligence of our commodity asset group and brokerage partners
- Ensuring a smooth regulatory review process, as state and legislative agencies rely on ClimeCo’s expertise to stay well-informed of market developments.
ClimeCo employs real-time market data and the highest ethical standards to facilitate the total process of ERC value creation—from beginning to end—leveraged by partnerships with principled, like-minded brokerage firms.