The use of underground storage tanks (USTs) for storing petroleum products and other chemicals has been a common practice to enhance site operations.
Assessments
ERI Unveiled: A Playful Peek Behind the Environmental Risk Management Curtain
In the realm of environmental risk management, ERI refuses to be confined to the dull stereotypes often associated with the industry. Take a trip down memory lane to the hilarious Hollywood Squares: ERI edition, a five-year-old video that not only showcased the...
A Climate Risk: The Threat of Saltwater Intrusion
New Orleans and southern Louisiana are not the only places that face the threat of saltwater intrusion. Many other communities across the United States, especially coastal communities, are threatened by saltwater intrusion. Like New Orleans, the rising sea level and...
Rapid, Affordable … Environmental Screen
In 2017, to meet the needs of ERI’s clients for a rapid, cost-effective environmental review for smaller commercial loans, ERI developed the Environmental Screen. Six years later, due to demand by several clients for an enhanced version of our original...
COVID-19 and Phase I Limitations
COVID-19 has affected our world in so many ways, including how environmental assessments are completed. The Phase I Environmental Site Assessment (ESA) process, as described in the American Society for Testing and Materials (ASTM) E 1527 Standard Practice for Phase I...
Underground Storage Tanks: Regulations, Requirements and Expectations
UST Regulatory History In 1984, Congress directed the United States Environmental Protection Agency (EPA) to develop regulations for Underground Storage Tanks (UST) containing petroleum. The EPA issued federal regulations, effective December 1988, that delegated UST...
Considering Lending on a Dry Cleaner?
Perchloroethylene (PCE), a chlorinated solvent, has been used in the dry-cleaning industry since the 1930s. A small amount of this “likely human carcinogen” released to the subsurface can impact soil and groundwater, and migration of vapors associated with a release...
SBA Gas Station Loans
In order to identify and mitigate the environmental risks associated with gas station loans, the U.S. Small Business Administration (SBA) has developed guidelines that loan applicants must follow during the application process. The SBA requires that the Environmental...