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Environmental Financial Products, LLC
ENVIRONMENTAL FINANCIAL Products, LLC (EFP) is a company that offers legal and financial services to businesses interested in the environmental management sector. EFP is based in Chicago, Illinois. A chief role of the company is to assist in designing and mediating arrangements between parties looking to develop business relations in environmental commodities trading, as well as other environmental or financial markets.
Richard Sandor, chair and chief executive officer, founded the principles driving EFP. Sandor earned his Ph.D. in economics from the University of Minnesota in 1967. He went on to play a large role in developing the idea of emissions credit trading after the Congressional Clean Air Act of 1990. Emissions credit trading began in an effort to reduce acid rain-causing emissions, by trading allowances for ...
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