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 What is the
Emission Credits
Exchange?
The
Emission
Credits Exchange is a division of
Justice & Associates
- a full service consulting firm specializing in environmental
compliance and land use permitting. Justice & Associates is
interested in meeting all of your consulting needs including
your credit trading requirements.
The
Emission
Credits Exchange allows buyers and
sellers to post orders and negotiate and settle trades in
the RECLAIM, ERMS, MECT, and various ERC markets completely
online. There is no requirement to download or install
software - all information is conveyed on the website and
via email. To learn more about how the Emission Credits
Exchange works, visit our
How it Works
page. If you are ready to get started and haven't yet
registered please visit the
new
user registration
page.
Of course, if
you prefer, you can always conduct your credit trading
person-to-person - please feel free to contact us.
How It Works
The
Emission
Credits Exchange is very simple to
use. Registered participants may place bids to buy or offers
to sell to be posted or they may respond to bids and offers
already posted. Information is conveyed to both parties via
email. If, for example, a participant bids on a posted sell
order, the seller will receive an email informing him or her
that there is a buyer interested. This email will contain a
link to a form on the site that can be used to respond to
the bid. The seller may accept or reject the bid outright or
make a counter offer. If the seller wishes to counter the
bid, the buyer will receive an email with a link to respond
to the counter offer. This process may continue until the
buyer and seller reach an agreement or an impasse. If they
do negotiate an agreement, an
Emission
Credits Exchange
representative will contact both parties, complete any
paperwork required, and file the trade with the appropriate
agency.
    
There is no fee
to post an order or to negotiate a trade. If a trade is
finalized, the
Emission
Credits Exchange
charges 3% of the transaction value (or a minimum of $200.00)
to both parties -, which will be invoiced after the
transaction is confirmed by the agency. For RECLAIM orders,
both parties must also pay the South Coast Air Quality
Management District fee and a document-handling fee. Other
fees are generally the responsibility of the buyer unless
otherwise agreed upon.
If you have
any other questions about how the system works, please see
our
FAQ page or
contact us
directly.
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