2009 Market Outlook: Insurance Fixed-Priced Cleanups
By Mark Knaack
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After a tumultuous year of financial market collapse and insurance corporations seeking government assistance, the brownfield industry might feel uncertain about the future of cleanups,
specifically Insurance Fixed-Priced Cleanups (IFCs). But, the outlook is not as
grim as you might think.
We’re finding the IFC and risk-transfer market has grown over the last 10 years as
more companies are offering these types of programs. Environmental liability transfers backed by insurance have become an integral part of many consulting firms’ business models. Even in a turbulent economy, there are many reasons why the use of IFC’s will continue to grow.
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Industry Profiles
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Heidi Wellen
Internal Operations Manager, Gateway Environmental Service Inc.
Highland, IL |
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Count On It
  28 percent approximate amount of all energy used in the Unites States for transporting people and goods from one place to another.
Source U.S. Department of Energy
 200-300 estimated number of hydrogen-fueled vehicles in the United States today
Source U.S. Department of Energy
 9,783,000 number of barrels of crude oil the United States imports each day.
Source U.S. Department of Energy
 1 million number of gallons of fresh water that can be contaminated from the used oil from one oil change.
Source U.S. Environmental Protection Agency
 20 million number of people that celebrated the first Earth Day on Aril 22, 1970.
Source U.S. Environmental Protection Agency
 $2.3 billion amount President Obama awarded for clean energy manufacturing projects across the United States
Source U.S. Department of Energy
 509 approximate number of operational landfill gas (LFG) energy projects currently in the United States. LFG electricity generation projects provide the energy equivalent of powering more than 920,000 homes annually
Source U.S. Environmental Protection Agency
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