ADVISORY/Southern California Emissions Market Tops $104,000/Ton; Emissions Trading Professionals At Natsource Available For Comment On Record Breaking Market Fluctuations.Business Editors, Energy and Environmental Writers ADVISORY...for Friday (December 8) --(BUSINESS WIRE) Natsource(R) LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , the leading energy and environmental broker, has brokered transactions in Southern California's RECLAIM regional emissions trading Emissions trading (or cap and trade) is an administrative approach used to control pollution by providing economic incentives for achieving reductions in the emissions of pollutants. market topping $100,000/ton. Natsource is available to comment on the underpinning un·der·pin·ning n. 1. Material or masonry used to support a structure, such as a wall. 2. A support or foundation. Often used in the plural. 3. Informal The human legs. Often used in the plural. market factors that are contributing to the record price levels for emissions credits used by power generators and industrial companies to comply with regional environmental regulations. In large part, the price spike in emissions is the result of the power crunch (1) To process data. See number crunching. (2) To compress data. See data compression. 1. (jargon) crunch - To process, usually in a time-consuming or complicated way. being experienced in Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region, . Today, the California authority regulating power distribution removed price controls in order to ensure power is generated to meet increased demand. As some power facilities generate more power they produce more emissions, leaving them with higher levels than they are currently allowed. One way to ensure power plants are in compliance is to purchase emissions reduction credits. The increased demand today for these credits is resulting in inflated prices. Natsource is one of the largest brokers of credits for the RECLAIM market, and the firm is an industry pioneer in other national emissions markets such as SO2 and greenhouse gas greenhouse gas n. Any of the atmospheric gases that contribute to the greenhouse effect. greenhouse gas emissions. Natsource RECLAIM market brokers are available for comment regarding the situation in Southern California, the underlying market issues, and an outlook on the future of emissions trading in the region.
Opportunity for Interview
Who: David Oppenheimer, Natsource principal; Emissions Broker
Where: Natsource LLC, Environmental Brokerage Group
When: Natsource RECLAIM experts are available for comment
immediately
Contact: Mr. Oppenheimer can be reached at: +1 212 232 5305
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