Emissions Credits

Meet compliance obligations while mitigating cash flow and risk management concerns.

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As an active trading group in the regional and federal emissions markets, we manage a significant portfolio of emissions credits and allowances. Our dedicated research staff closely monitors environmental markets, providing in-depth market due diligence, analysis, and trading strategies.

In addition, we leverage our proprietary risk management and structuring tools to provide customized and innovative business solutions to project developers charged with ensuring that projects can meet federal and regional air quality regulations. We also have the ability to align our balance sheet with our clients’ and permit requirements.

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Regional Emissions Markets

There are 35+ trading regions within the United States for emissions credits, each with its own rules, regulations, market dynamics, and pricing.


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NOx SIP Call

The most actively traded emissions markets in the United States are the federal nitrogen oxide (NOx) and sulfur dioxide (SO2) markets.


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SO2 Acid Rain Credits

The goal of this program is to achieve significant reductions in emissions of sulfur dioxide (SO2) and nitrogen oxides (NOx), the main precursors of acid rain.


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Clean Air Interstate Rule (CAIR)

CAIR will expand the federal requirements that currently mandate statewide (reductions of NOx and SO2 emissions.