What if pollution control equipment was on the profit side of your budget sheet, instead of the expense side?
Industrial air pollution gets a lot of slack in the media, because it has been directly linked to climate change. Regulatory agencies on nearly every continent have taken further steps to reduce the amount of emissions allowed by industrial processes, and the only method of reducing the pollutants in exhaust emissions is with industrial air pollution control equipment.
In many manufacturing processes, volatile organic compounds (VOCs) are produced as a byproduct of production or processing. Industrial air pollution control equipment is used to process or abate those dangerous chemicals and compounds, so they do not end up in the air, soil, and/or water. This encompasses just about every manufacturing process you can think of; food, beverage, packaging, steel, natural gas, oil, cosmetics, automotive, paint, pharmacy, printing, et cetera. The price to install this equipment varies greatly, from tens of thousands of dollars, to millions of dollars, depending on the size of the process streams, and what types of VOCs and hazardous air pollutants the streams contain. This equipment is mandatory in most cases, and is the responsibility of the facility to purchase.
Because of the associated cost, pollution control equipment is often something facilities are not excited to purchase. But what if pollution control equipment was on the profit side of your budget sheet, instead of the expense side? There are a few ways pollution control equipment can help pay for itself, and sometimes even produce a profit for the facility.
Profit Sources:
- Methane Abatement
- Heat Recovery
- Solvent Recovery
- Carbon Trading
- Tax Incentives
- VOC & NOx Trade
- RNG + Green Energy