Immediate and forward settlement 
Allowance vintage swaps 
Allowance loans 
Options 
Financially- or physically-settled transactions  

  
Emission Reduction Credit (ERC) and new source offset transactions 
Discrete Emission Reduction (DER) credit transactions 
Emerging opportunities in NOx allowance transactions under the 
Ozone Transport Commission Initiative  

As a result of the Clean Air Act Amendments of 1990, and the deregulation of the electrical power industry, there's a growing importance of pollution credits in energy trading. Natsource acts as broker to facilitate both credit management and alternate fuel sourcing. For example, we have combined SO2 credits with coal purchases for utilities. The evolution of the NOx market will continue this trend. As with natural gas and electricity, NATSOURCE will maintain its leadership in these emerging markets.  

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