Overview
Federal Markets — SO₂, NO_x and Mercury
Renewable Energy Credits (RECs)
US GHG Markets
California RECLAIM Trading Credits (RTCs)
Houston - Galveston Area (HGA) NO_x Allowances
New York State NO_x and SO₂
Emission Reduction Credits (ERCs) and Discrete Emissions Reduction Credits (DERCs)

California RECLAIM Trading Credits (RTCs)

The California RECLAIM trading program is used by the South Coast Air Quality Management District (SCAQMD) to control the amount of nitrogen oxide (NO_x) and sulfur oxides (SOx) in Los Angeles and Orange counties. RECLAIM Trading Credits (RTCs) are denominated in $/lbs (one RTC is equates to one pound of NO_x emitted).

Reclaim facilities are divided into Zone 1 (coastal) and Zone 2 (inland).

The program is further divided into two cycles: Cycle 1 and Cycle 2. Cycle 1 credits are valid January 1st and expire December 31st of the same year. Cycle 2 Credits are valid from July 1st until June 30th of the following year. Facilities may use cross-cycling or a combination of cycles as a means of meeting quarterly compliance.