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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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