Off-Site VEC and De Minimis Environmental Conditions
Is a VEC a REC or a de minimis environmental condition? Read More »
EEL on a Vapor Encroachment Condition (VEC)
Expected Environmental Loss (EEL) on a Vapor Encroachment Condition (VEC)? Expected Environmental Loss is a term I coined and introduced on my previous blog post. EEL is essentially the mean or expected loss that an owner will experience if they own a given asset with an associated recognized environmental condition (or Vapor Encroachment Condition, VEC). The term is mathematically pat... Read More »
