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Power generators and industrial energy users have more choice in environmental compliance today than ever before. The 1990 Clean Air Act amendments authorized the Environmental Protection Agency (EPA) to establish a cap and trade program that permits generators to trade or transfer emission allowances as an alternative to pollution control equipment solutions. A decade later, a vibrant emissions allowance trading market has emerged, allowing generators and industrials to apply market-based solutions to environmental protection.
To optimize the opportunities in emissions allowance trading, companies must consider all of their options. Should they sell allowances or hold them in reserve? If they buy allowances, can they purchase them at a competitive price? Can they exchange a physical commodity for emissions allowances? When it comes to establishing an emissions allowance program, companies need to leverage every advantage they have. Power generators in particular need to know they are making the best possible choices to succeed in their newly competitive industry.
Enron has emerged as the country's leading emissions allowance trader with special expertise in the SO2 and NOx allowance markets. We have helped create the liquidity and price discovery that have allowed emissions trading markets to grow, while developing increasingly innovative and flexible solutions to help businesses fulfill their environmental obligations. Our expertise cannot be matched.
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