Banked ERC record · Bay Area AQMD

Martinez Refining Company LLC

9 certificates (1787 … 1796) · Site: Antioch, Martinez, Oakland, San Jose, San Leandro
NOx 103.4 t/yr, ROG / VOC 24.01 t/yr, PM10 8.63 t/yr, SOx 64.82 t/yr

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Certificate record

Holder of recordMartinez Refining Company LLC
Certificates9 certificates (1787 … 1796)
Source of reductionsSite: Antioch, Martinez, Oakland, San Jose, San Leandro
Air districtBay Area AQMD
Pollutants banked
PollutantVolume as recorded
NOx103.4 t/yr
ROG / VOC24.01 t/yr
PM108.63 t/yr
SOx64.82 t/yr
Register sourceERC Bank Status database (baaqmd.gov), retrieved 2026-10-03 · district registry page
StatusBanked — not listed

9 certificates as the district lists them

CertificateIssuedPollutantAmount (t/yr)
17872020-05-29POC5.74
17882020-05-29NOx89.78
17892020-05-30POC1.89
17902020-05-30POC0.31
17912020-05-30SO250.11
17922020-05-30SO2
PM10
14.61
8.39
17932020-05-30POC
NOx
SO2
16.07
4.36
0.1
17942020-05-30PM100.24
17962020-05-30NOx9.29

Source: ERC Bank Status database (baaqmd.gov), retrieved 2026-10-03 — Bay Area AQMD, retrieved 2026-10-03.

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What these credits have sold for in Bay Area

Prices per ton recorded by the district under Health & Safety Code §40709.5:

PollutantYearMedian $/tRangeTrades*
NOx2023
CARB
$29,000$23,236–$29,0907
NOx2022
CARB
$22,000$7,974–$31,00021
ROG / VOC2022
CARB
$9,125$8,500–$10,00021
PM102022
CARB
$20,000$20,00021
SOx2022
CARB
$10,026$51–$20,00021

*For the CARB reports, every recorded transfer in the district that year, all pollutants. Recent years shown; every recorded year. Sources: CARB 2023 §40709.5 statewide report · CARB 2022 §40709.5 statewide report.

Reference value at recorded prices

Arithmetic only — the recorded volume multiplied by the Bay Area median price recorded for each pollutant in 2022–2023, shown as a range because the medians moved between years. Not an appraisal, an offer, or a prediction; actual bids depend on the buyer's permit deadline, the lot size, how many trades the median rests on, and what else is available in the district.

PollutantVolume× recorded medianReference
NOx103.4 t$22,000–$29,000/t$2.3M–$3.0M
ROG / VOC24.01 t$9,125/t$219,000
PM108.63 t$20,000/t$173,000
SOx64.82 t$10,026/t$650,000
All pollutants with a recorded Bay Area price$3.3M–$4.0M

How a transfer works in Bay Area

The buyer and holder agree a price privately. The transfer package — the holder's authorization, the purchase agreement, and the district's transfer forms — goes to Bay Area AQMD, which verifies the banked reductions, records the transfer, and re-issues the certificate (or the remaining balance) in the buyer's name. Credits are generally usable only inside Bay Area AQMD, or its air basin with district board approval under Health & Safety Code §40709.6. District office: (415) 749-5000. District ERC program page.

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