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U.S. Department of Energy
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Save pollution credits for a rainy day

Journal Article · · Chem. Eng. (N.Y.); (United States)
OSTI ID:5043945
A discussion of the impending interpretative ruling on the EPA's 1976 emission-offset regulation, which will permit companies to ''bank'' their pollution reductions and trade them off against emissions from future plants, covers experience of some U.S. firms in implementing the offset rule, e.g., Sohio Transportation Co., to offset the pollution from its planned $660 million oil terminal in Long Beach, Calif., and the 2000 ton/yr reduction of hydrocarbon emission in Virginia by switching from petroleum-based to emulsified asphalt for road construction, which will offset the expected 1285 ton/yr discharges from a 175,000 bbl/day refinery planned by Hampton Roads Energy Co. at Hampton Roads, Va.; successful offset deals associated with refinery projects of Corpus Christi Petrochemical Co. and Union Oil Co.; the offset policy of California and Texas authorities; problems in concluding external offset agreements; and industry's criticism of the EPA offset policy.
OSTI ID:
5043945
Journal Information:
Chem. Eng. (N.Y.); (United States), Journal Name: Chem. Eng. (N.Y.); (United States) Vol. 85:23; ISSN CHEEA
Country of Publication:
United States
Language:
English