Financing environmental projects
Recent and anticipated environmental legislation and regulations are expected to result in the development of a variety of environmental projects. At the same time, both state and federal regulators have become increasingly aggressive in implementing existing environmental laws, which also is expected to drive such projects. Moreover, the operational complexity and cost of many new environmental laws and regulations have caused municipal officials to consider privatizing municipal functions such as solid waste disposal, wastewater processing, sewage sludge disposal and drinking water production. Tax-exempt bonds and/or project financing may be used for many privatization projects and will frequently result in lower costs for the end-user. Two options for financing environmental projects are tax-exempt financing and project financing. Tax-exempt financing offers the lowest interest rates available in the US today, and certain pollution control facilities may qualify for it. Project financing can be used to finance almost any type of environmental project, including those that do not qualify for tax-exempt financing, and provides advantages over other financing methods. In certain cases, these financing techniques can be used together.
- OSTI ID:
- 37353
- Journal Information:
- Pollution Engineering, Journal Name: Pollution Engineering Journal Issue: 3 Vol. 27; ISSN 0032-3640; ISSN PLENBW
- Country of Publication:
- United States
- Language:
- English
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