ERCs are credits a company can create by reducing emissions of certain pollutants more than what is necessary to fulfill its regulatory requirements.
Companies apply to a registry system to trade credits.
A total of 1,493 tpy of VOC credits are available in the registry for trading purposes in severe nonattainment areas for ozone. DEP has certified a total of 5,258 tpy of NOx credits and 2,817 tpy of VOCs credits. The department has also approved 11 requests for trading of a total 2,106 tpy of NOx credits and 85.2 tpy of VOCs credits which are used to offset requirements for new source growth. The ERC registry system has 3,152 tpy of NOx and 2,717 tpy of VOCs credits available to sell or trade for use as emission offsets or for netting at an existing facility. For more information, contact Virendra Trivedi, DEP's Bureau of Air Quality Division of Permits, at 717 787-4325.