Glass Manufacturer

Problem

A large glass manufacturer with operations in California sought to participate in Southern California’s air pollution emissions credit program. Its aim was to develop and implement a credit-trading strategy that protected existing operations and increased revenue.

Solution

CEA worked on behalf of its client to maximize the value of its emissions credit by managing permit and emission reduction credit issues and analyzing potential excess credit streams. CEA also worked to resolve issues with the South Coast Air Quality Management District to protect its client’s credit allocations, and helped to devise and execute trading strategies.

Result

CEA assisted in the sale of millions of pounds of credits, resulting in revenues of $5 million for the client. For the long term, CEA also developed a strategy to manage and maximize the value of the client’s emissions credit assets.