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| General Listing |
Title of Listing: | | AirBank |
Category: | | Consultants/Remediation Contractors |
Subcategory: | | Regulatory Compliance, All Listings |
Date: | | |
Document #: | | |
Web Site: | | http://www.airbank.com/ |
Email: | | |
Abstract: | |
The AirBank is an environmental services company devoted to helping industry meet its air quality obligations by trading in air emission credits. Its role is to broker market transactions in a manner that guarantees regulatory compliance for clients. The AirBank offers a wide range of value-added services that foster confidence in the trading process while providing the maximum level of certainty to all trading partners.
Air emissions trading is an innovative regulatory compliance concept, based on the notion that the best way to improve overall air quality is to create an economic incentive for industrial facilities to reduce the amount of air pollutants they emit. In response, the Environmental Protection Agency (EPA) developed the trading concept and encouraged states to establish their own economic incentive programs. In an "open market" system, the commodity being traded is tons, or fractions of tons, of actual reductions already achieved. Air pollution sources can buy and sell discrete quantities of the contaminants responsible for causing ground level ozone.
Working in partnership with federal, state, and industry officials to help define workable trading systems that bring about measurable improvements in air quality, the AirBank operates as an independent third party trading participant, facilitating day-to-day market transactions. The AirBank provides an assurance of emission credit viability, achieved by:
- Rigorous technical and compliance review of credits prior to purchase
- Periodic independent third party audit of installed credits
- Credit warranty - replacements issued if not accepted by regulators
- Full liability insurance coverage
- Limited number of pre-approved credit generators
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Topics
Air Emissions/Pollution/CAA
Additional Topics/Tags/Keywords
Air Quality, Emissions Credits, Emissions Trading, Air Pollution Sources
Organization: | | The AirBank |
Address: | | 3 Riverside Drive
| Phone: | Description | Number |
City: | | Andover | | Primary | (888) 997-2265 |
State/Province/Territory: | | MA | 2. | | (978) 689-8222 |
Zip/Postal Code: | | 01810 | 3. | | |
Country: | | United States | 4. | Fax: | (978) 688-4513 |
Branch Locations: | |
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