north american safety valve company pricelist

Of all the challenges you face keeping your customers’ plants operating at full capacity, safety and relief valves shouldn’t be one of them. NASVI’s job is to give you the confidence that your valve supply chain is rock solid regardless the pressure it’s under.

The fear of the TARIFFS has driven prices up twice this year, with a third increase coming in September. Good excuses to raise prices. When we quote you a Kunkle Valve, for example, our system might spit out $147.90 as your cost. I realize many of you think the cents is silly but what are you going to do? I always tell the customer that the cents are my tip but now it is my TARIFF.

Speaking of TARIFFS, this shipping business is outlandish. No LAW says if you don’t follow directions that you have to eat the freight. Everyone makes mistakes and you and/or your customer are entitled to pay a discounted price, but not a total freebie. There is one company in Chicago that expects you to pay them an additional $250.00. Good luck with that one. We send back an acknowledgement with every order. Shouldn’t you be able to catch our mistakes? How about the guy who thought we screwed up and sent a big order prepaid instead of using his carrier? It turns out our carrier was cheaper than his and he didn’t offer to TIP us. Instead he put it in his pocket. TARIFF.

Now I have a BIG TIP for you. We will soon have the largest inventory in the country of high-pressure boiler safety valves. It takes eight to nine months for the factory to deliver these valves, which can go up to 2,000 PSIG. If you take this hot TIP to your big end users, it might open all kinds of doors for you. Don’t wait for the guys in the repair business to get there first. There is a TARIFF on these valves but you will be a hero.

More companies today have found that it makes sense to rely on remanufactured safety valves. For most industrial uses, remanufactured valves offer excellent availability and are extremely cost effective without compromising quality or safety. Now you can be part of this growing trend by offering remanufactured steel flanged safety valves with full confidence. We have the facilities and extensive experience in all areas of safety valve repair and remanufacturing.

For over 30 years, North American Safety Valve has maintained the nation’s largest inventory of Kunkle Safety Valves. We stock big numbers of every valve Kunkle makes. At NASVI, we don’t talk long factory lead times, we simply pull the valve from our stock, set it, test it, then send it on its way—usually the same day! Besides our large inventory of new Kunkle valves, we also stock new safety and relief valves from Farris, Crosby, Conbraco, Consolidated, Aquatrol and many others. And be assured it’s backed by the quality service that has earned us one of the finest reputations in the business. Next time you need Kunkle or any new safety or relief valve, call our sales team toll-free at 1-800-800-8882. We promise immediate information on prices, availability and delivery.

Safety valves, when properly maintained, can last a long time—upwards of 30 years or more. Much more. Recently, a century-old valve arrived at NASVI for repair. After machining and lapping […]

William Rock III, NASVI Valve Disassembler Since 2001 When a valve arrives at our facility for remanufacturing, William Rock III (Bill) is ready and waiting on the front line. He […]

Bronze, steel and stainless steel safety relief valves for air, gas, steam, liquid and vacuum service that meet ASME Section VIII, ‘UV’; Section I, ‘V’, are National Board certified and […]

When it comes to safety valve experience NASVI employees have a mountain of knowledge. Guess how many years of collective experience these three long-time employees have in this short video. […]

This direct spring-operated pressure relief valve, part of the Series 60 and 80, uses special internals and soft seats for optimum, accurate performance. Of course, we have them in stock. […]

The NASVI team goes the extra step in safety valve quality control. Before we ship any valve, we set and test them to the end user’s specifications. This is an […]

Q: My customer has a 2-inch line. Do I need to sell them a 2-inch safety valve? A: Safety valves should be sized and selected based on the set pressure […]

Not only is Kunkle’s 6252/6254 among their largest valves, also it’s a very sought-after one. You guessed it; we keep several in stock. For general application, it is suitable for […]

Valve manufacturers are not immune from the supply chain issues plaguing most industries right now. It’s predicted that it will take some time for shipping channels to be adjusted. NASVI […]

With supply chain disruptions hitting manufacturers, it’s important to be proactive as we approach heating season. With 35,000 relief and safety valves in stock & same day shipping, our extensive […]

Supply the following information: Example: 1.  Quantity of Valves 4 2.  Size of Valve Inlet and Outlet 1 ½” x 2” 3.  Type, Model or Figure Number 1905FC 4.  Manufacturer Consolidated 5.  Inlet and […]

If you’re searching for a new Consolidated 1700 Series Maxiflow™ safety valve, or the 2700 and 1900-P1 Series economizer valves, look no further than NASVI. We’re the only company in […]

Did you know that NASVI has 35,000 safety & relief valves ready to ship at a moment’s notice? Or that warehouse is so huge (63,000 square feet!) we have a […]

NASVI pressure tests over 150 valves every day. Watch the process from adjusting the blow down ring to field service guidelines and performing the test pop, to sealing and shipping […]

If your customers are requesting a Kunkle liquid relief valve, model 218, then it’ll come as no surprise to you that not all distributors stock them and the manufacturer’s lead […]

A cracked valve, a broken part. There are always unwelcome surprises during a scheduled or unplanned shut down. Operations need to be back up and running ASAP. Don’t wait 7-10 […]

A No Brainer. Wearing face masks and social distancing is a no brainer. It isn’t pleasant, but you do what you have to do. Selling safety valves is also a […]

If you’re on the hunt for a new Consolidated 1700 Series Maxiflow™ safety valve, or the 2700 and P1 Series economizer valves, look no further than NASVI. We’re the only […]

What’s the purpose of a drip pan elbow? It provides a means to handle condensate from safety valves used in steam applications. Where are drip pan elbows used? The drip […]

When you sell safety valves, your customers are under pressure to get what they need fast. That’s why NASVI stocks the largest selection of Kunkle Valves for a variety of […]

Suggest a NASVI Valve Exchange Program. If your customer has several safety valves in need of repair but can’t afford to shut down for lengthy repairs, there’s an easy solution: […]

Offer remanufactured safety valves and watch sales grow. More companies today have found that it makes sense to rely on remanufactured safety valves. For most industrial uses, remanufactured valves offer […]

Offer NASVI’s quick turnaround on repair and testing services. At NASVI, our repair services are designed to keep: Your customer’s safety and relief valves at peak operating efficiency, and Put […]

You don’t have to be an expert in the field of safety and relief valves to sell them because that’s our job. And we’re only a phone call away. We’ll […]

Today, many companies are finding when maintenance budgets need to be stretched; a safe way to save is to rely on remanufactured safety valves. For most industrial uses, remanufactured valves […]

Increase profits, make our new Repair Facility your first stop. North American’s new Service Center is equipped to handle any safety valve repair. NASVI has the specifications for nearly every […]

A.J. Podschwit has an extensive background in industrial sales. In his role as application engineer at North American, he puts it to use every day. “Customers call with specs, but […]

Our goal is to make it easy for you to profit from the sales of safety and relief valves. Call us for assistance. We can help you with sales planning, […]

I am writing this on March 26 and the virus is well into its third week in the United States. We received a letter from Homeland Security that North American […]

Earlier this year, I shared a little product education on safety valves that can make you look really smart to customers, which usually means more orders for everything you sell. […]

• More than 35,000 valves in 3,100 varieties • Currently set and ship over 200 valves per day • We repair over 40 valves a week with plenty of capabilities […]

Kolby Gabbert has been with North American for nearly a year, and compared to many NASVI employees, he’s still a newcomer. Kolby is an application engineer and enjoys the customer […]

Offer North American’s remanufactured safety valves as an alternative and watch your sales grow. Many companies have found that it makes sense to rely on remanufactured safety valves. For most […]

Our repair service center is designed to keep your customer’s safety and relief valves at peak operating efficiency. In addition to an experienced, skilled staff, NASVI’s Service Center is equipped […]

Our giant inventory and remarkable selection awaits your call. One of the customers recently inquired about the availability of five 4-inch liquid flanged valves. The end user had made a […]

Today, many companies are finding when maintenance budgets need to be stretched; a safe way to save is to rely on remanufactured safety valves. For most industrial uses, remanufactured valves […]

Our repair service center is designed to keep your customer’s safety and relief valves at peak operating efficiency. And put extra profits in your pocket. North American’s Service Center is […]

Offer NASVI’s quick turnaround on repair and testing services. At NASVI, our repair services are designed to keep: Your customer’s safety and relief valves at peak operating efficiency, and Put […]

For some reason I get asked pretty frequently if I’m a surgeon. Believe me, you don’t want me operating on you. I tell people I’m the Safety Value Doctor because […]

Offer NASVI’s quick turn-around on repair and testing services. Over the years, our Service Center has proven popular with maintenance managers. It allows your customer’s plant to have their valves […]

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9 EXCHANGE & RENTAL PROGRAMS. If your customer has safety valves that need repair but can’t afford to shut down for lengthy repairs, we have the solution.

8 REMANUFACTURED VALVES. Lower prices, reliability, warranties and quick availability are the reasons more companies are choosing remanufactured valves.

7 WARRANTIES. One-year warranty on workmanship and parts for new safety valves. TWO-YEAR WARRANTY on remanufactured valves. Yes, we’re that sure of our workmanship.

6 EXPERTISE. Safety valves are our only business. For 42 years, NASVI has been serving the safety valve industry and our application engineers have combined experience of over 140 years in the field.

1 INVENTORY. Our 70,000-square-foot warehouse in Kansas City is home to the country’s largest, single-location inventory of new and hard to-find safety valves.

Call us for assistance. We are here to help. Our goal is to make it easy for you to profit from the sales of safety and relief valves. Our expertise comes from taking care of our customers for 42 years.

A customer urgently needed information on the availability of five 4-inch liquid flanged valves. Unfortunately, the end user had ordered the wrong valves and desperately needed the correct ones right away. NASVI not only had them in stock, but also shipped the valves same day. It was a happy ending to the customer’s frustrating day of tracking down the valves only to hear there was a six-week lead time. It’s why our customers’ call NASVI, their trusted safety valve distributor, first.

When the pressure is on, you can count on us to come through with 35,000 safety valves in stock shipped same or next-day. When there are unknowns involved, our experienced applications engineers guide you to the right valve make and model so you can be your customers’ hero.

Kunkle Relief Valve OverviewWhen it comes to industrial and commercial safety and relief valve products, Kunkle’s valve’s catalog is second to none in steam, air, gas, and liquid applications.

Kunkle relief valves range in size from ¼” NPT to 6” flange and are suitable in cryogenic and high temperatures up to 800°F environments at vacuum to 7,500 psig pressure. Kunkle Valve’s code certifications meet several global and national board standards, including ASME Section I, Section IV, and Section VIII, PED, CRN, TU and Chinese, as well as non-code requirements.

Relief Valves for Steam ServiceSteam supplies heat for industrial and chemical processes and also is used to heat buildings, supply mechanical energy, and drive mechanical equipment. Steam moves from the boiler to the end point, then heats by direct heating or indirect heating through a heat exchanger. Kunkle steam relief valves are critical to protecting equipment such as boilers, steam lines, and pressure valves, from being over-pressurized.

Relief Valves for Air ServiceKunkle designs valves for air service, for example for air compressors in mechanical shops and small factories where either low-pressure or high-pressure air is required. NASVI stocks Kunkle relief valves for air service in iron, steel and bronze for a variety of uses.

Relief Valves for Liquid ServiceKunkle also makes valves for liquid service, which provide bypass relief in a variety of applications and liquid types.

More About KunkleKunkle Valve is a renowned pressure relief valve manufacturer. Erastus B. Kunkle invented the safety valve to prevent overpressure in locomotive engines. Kunkle patented it in 1875. Since that time, Kunkle has earned its reputation for high-quality valves, and other equipment manufacturers ship their products with Kunkle’s valves pre-installed.

NASVI has stocked Kunkle safety relief valves since we opened in 1975, so we are confident when we call ourselves Kunkle safety valve experts. Every day we fulfill orders for our customers looking for Kunkle relief valves for steam, air, gas, and liquid applications.

Our plumbing valves are designed and monitored to minimize the impact that harmful chemicals can have on the health and safety of people and the environment.

4000 Series™ flanged and grooved-end ball valves featuring a patented corrosion resistant PFA-fused solid ball, making them more durable, less susceptible to buildup, and longer-lasting than an ordinary unprotected ball.

Our design provides maximum flow rate free from obstruction. Seats are protected from wear, and automation is a breeze with low operating torque and an ISO standard mounting pad. 4000 Series™ ball valves are used in critical applications around the world where gate, butterfly, or eccentric plug valves cannot be trusted.

Mechanical contractors, plumbers, and facilities maintenance engineers have trusted American Valve’s MILANO valves for decades. Every MILANO valve is manufactured in an ISO-certified facility to American Valve specifications. MILANO plumbing valves are backed by a world-class quality management system and American Valve’s 100+ years of manufacturing experience.

Our thermoplastic valves and fittings combine the best in corrosion resistance, dependability, and value. Our designs ensure superior flow characteristics and consistency in body design, while our unique molding process uses all virgin material with no reground plastic that could introduce contaminants.

American Valve has been producing high-quality plumbing products for more than 100 years. Our goal is to provide affordable ball valves, plumbing valves, thermoplastic valves and fittings, and specialty plumbing products that are durable and dependable, helping you preserve the life of piping systems and other equipment.

Our products are engineered from the finest quality material and are designed to minimize the impact of harmful chemicals on people and the environment. Customers of American Valve also enjoy features like build-up resistance and zero leakage. All of our products are backed by our incredible customer service, which we’re confident is the best in the industry.

Quality is one of our most highly regarded values at American Valve. We believe that, by engineering products with high-quality materials and to the highest standards, we can minimize plumbing maintenance and equipment replacement. We pride ourselves on our unique, innovative approach to plumbing valves and specialty plumbing products.

In 2023, the sales of Pressure Relief Valve in Global Market is expected to reach US$ 4,509.8 Mn. and is projected to expand steadily at a CAGR of 4.6% to reach a market valuation of close to US$ 7,070.9 Mn by 2033.

In recent past valve costs have increased globally, which can be attributed to growing tariffs from the North American region, particularly the US. Leading players from the European and American regions have facilities in both high- and low-income nations. In contrast, labor-intensive production processes like the creation of rough castings for valves and valve components take occur in low-cost manufacturing nations like China. These processes include design, research and development, and testing. Due to low prices and quality maintenance, OEMs are able to do so. However, growing US government tariffs on steel and aluminum imports from China have had a substantial negative influence on pressure relief valve profit margins and costs.

However, the rapid growing industrialization and increasing safety precaution are the factors that are expected to fuel the market growth of Pressure relief valves across the globe during the assessment period, the Pressure relief valve market is expected to experience demand growth with CAGR of 4.6% during the forecasted period.

From 2017 to 2022, the Global Pressure Relief Valve Market expanded at a CAGR of around 2.4%. The advancement in product technology to connect the valves digitally enables end users to monitor pressure in various applications digitally which has generated significant demand from the various industry sector during the forecasted period.

Numerous applications where pressure levels are crucial for continuous and efficient machinery performance demand for the utilization of pressure relief valves. These include the various sectors operating with steam, air, gas, or liquid such as oil and gas, power generation and the petrochemicals industry. Multiphase applications and chemical processing systems both have high installation rate of pressure relief valves. With rapid development industrial sector & expansion of oil & Gas pipelines across the developing as well as developed economies the demand for PRV is also expected to expand, Persistence Market Research expects the market to expand at a 4.6% CAGR through 2033.

Both emerging and advanced regions have seen a surge in oil and gas consumption. In order to meet the rising demand and supply for oil and gas, industries are concentrating on expanding their production facilities through onshore and offshore exploration. Since the oil and gas sector is one of the key end uses for the global pressure relief valves market thus expanding oil & gas Sector is generating lucrative opportunity for the demand growth of PRVs in upcoming period.

Furthermore, growing regulation for use of pressure relief valves in power generation sector is further set to create opportunities for the market. For instance, there are currently about 50 nuclear reactors under development. By safeguarding turbines, super heaters, and boilers to enable the stations to operate at prescribed pressures, pressure relief valves play a crucial part in the successful and safe operations of nuclear facilities.

Manufacturing businesses will be significantly and directly impacted by the Asia Pacific region"s volatile and uncertain markets. The operational costs of the manufacturing processes, which are the main concern of manufacturers, will be directly impacted by rising tariffs and raw material costs used to manufacture valves. Rising raw material costs immediately impact the integrity of the supply chain and the selling price of a product. Manufacturers in the Asia Pacific region are becoming increasingly concerned about the steady growth in cost of the raw materials used to make pressure relief valves. This is expected to, restrain the market"s expansion for pressure relief valves.

With an absolute dollar opportunity of around US$ 600.0 Mn, North America is expected to be the most lucrative market for pressure relief valves suppliers. U.S is leading the North American market, and is expected to witness a 1.5X growth during 2023-2033. The market for pressure relief valves has recently experienced considerable growth in sales as a result of growing industrialisation and advancements in urban waste water management systems. Apart from that U.S. is also second largest importer & Exporter of Pressure relief valves, which makes it a targeting region for the manufacturers & Suppliers.

In 2023, the German Pressure Relief Valve market is likely to hold around 25% of the market by value share in Europe. Germany"s extensive remanufacturing capabilities are likely to play a crucial part in development of industrial growth. Sales growth for pressure relief valves is anticipated to be boosted in the upcoming years as manufacturers are planning to invest more in safety & developments of industrial Sites.

With a CAGR of 5.9%, India is expected to lead the South Asian market throughout the assessment period and experience significant expansion. Pressure relief valve demand is anticipated to increase as a result of India"s low production and labour costs, as well as less regulations & certifications required for PRVs, which are encouraging various industry players, including oil & gas, pharmaceutical, chemical, and textile manufacturers, to expand their manufacturing facilities in India.

By the end of the assessment period, spring-loaded pressure relief valves will hold a value share of over 40% of the market for pressure relief valves worldwide. Due to its broad range of applications and other technological advantages over other valves, this valve is widely utilized. The design and use of pressure relief valves is covered by a number of international codes and standards, the most popular of which being the ASME (American organization for mechanical engineers) Boiler and Pressure Vessel Code, also known as ASME code. Despite the fact that this code varies by region.

In 2023, the demand for pressure relief valves is primarily driven by the Medium Pressure segment in Set Pressure segment of the market. By the end of the forecast period, it is projected that pressure relief valves with a medium pressure range will still be widely utilized in a variety of end use sectors. The market for medium pressure relief valves is expected to continue expanding due to rising end-use sectors including oil and gas, chemical, and others.

Emergency situations are not the only times relief valves are active; once installed they continuously regulate the flow of substance. They can also be pre-set to open when the pressure or temperature gets to a certain point that may be dangerous. Generally valves are placed on or near the pump head of the hose, pipe or tube. A wide variety of relief valve designs exist, although most resemble ball-check valves, swing check valves or diaphragm valves.

This last is particularly useful when controlling a flow of fluids that contains suspended solids. Most relief valves are spring operated, as are the majority of check valves. One specialized type of relief valve is known as a vacuum relief valve. As opposed to a normal relief valve, which relieves high pressure, a vacuum relief valve is used to relieve dangerously low pressures, or vacuums, by inserting air or an inert gas.

Like every other type of check valve, relief valves may be constructed from a variety of materials, including PVC, brass, ductile iron, copper, polyethylene, polypropylene, aluminum, steel, stainless steel and rubber. Which raw substance is used to produce each relief valve depends on the environment said relief valve will be in. The wrong product could result in erosion or contamination of the process stream. However, as long as research is done, finding the appropriate type of relief valve is possible. Every plumbing or fluid transfer application in the industrial, commercial and domestic arenas employ or will employ check valves. In fact, check valves of all kinds are an essential part of every day life. Because they need not be supervised to function and prevent product malfunction, check valves are not only desirable but often required by law to ensure the safety of water, gas and pressure applications.

... -start valve with Series MX2 air treatment units without the need for additional connection interfaces. The soft-start valve is positioned upstream of the safety valves, ...

Two hands safety valve, which allows a safety use of two hands pneumatic controls (for example two push-button 3/2 N.C. to a certain distance) excluding false signals in case of push-button ...

The SI2 safety valve prevents the allowed operating pressure from being exceeded by more than 10%. If, after opening, the adjusted response pressure falls ...

... stainless steel full-lift clean service safety valve designed to AD Merkblatt A2 and TRD 421 standards and suitable for pure steam, vapour and inert gases.

Insert style flow control valves are comprised of a precision orifice in parallel with a check valve, combined into a single component. Each is designed for easy installation into metal housings using ...

Press-in style flow control valves are comprised of a precision flow orifice in parallel with a check valve, combined into a single component. Each part is designed for easy installation into plastic ...

If you have been searching for a safety release valve that you can use to reduce short-term pressure surges successfully and diminish the effects of gas leaks, this is the product for you. With a pe of ...

... have been type tested as well. These pressure regulators have safety valves which will slam shut in the event of emergencies, such as the gas reaching too high a pressure level. The valve ...

This product has hydraulically actuated class A gas safety valves to EN 161 used for automatic shut-off. It shuts off when unstimulated for gas and air, or even biologically produced methane. It has AISi ...

The S 104 Safety Shut Off valve is mainly used to avoid any damage to components as well as to avoid too high or too low pressure in the gas train. This could cause high financial losses and/or injured ...

The S50 Safety Shut Off valve is mainly used to avoid any damage to components as well as to avoid too high or too low pressure in the gas train. This could cause high financial losses and/or injured ...

The S100 Safety Shut Off valve is mainly used to avoid any damage to components as well as to avoid too high or too low pressure in the gas train. This could cause high financial losses and/or injured ...

... Pressure Safety Valve + Rupture Disk is protected and may be utilized autonomously as essential security gadgets or in conjunction. There are 3 possible combinations. The first combinations ...

Excavator pipe-rupture valves prevent uncontrolled cylinder movement in the event that a pipe or hose bursts. The ESV valve fulfills all of the requirements of the ISO 8643 and EN 474-5 standards for ...

Material: Body- CF8M; Valve Seat- CF8M Métal Seat, PTFE Soft Seat available Orifice Size: fc"(15mm), 3/4M(20mm), l"(25mm), l1/4,’(32mm)I ltë”(40mm), ...

The Safety valves from ATOS are designed to guarantee protection for application on various devices, especially those that monitor spool position. They are also recommended for hydraulic ...

The Bangladeshi safety valve market totaled $X in 2021, remaining constant against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers" margins, which will be included in the final consumer price). Overall, consumption posted a remarkable increase. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

In 2021, shipments abroad of safety or relief valves for pipes, boiler shells, tanks and vats decreased by -48.3% to X units for the first time since 2018, thus ending a two-year rising trend. Overall, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2015 when exports increased by 43,820% against the previous year. Over the period under review, the exports hit record highs at X units in 2020, and then reduced dramatically in the following year.

In value terms, safety valve exports reduced sharply to $X in 2021. Over the period under review, exports, however, posted a significant increase. The pace of growth appeared the most rapid in 2015 when exports increased by 40,554%. As a result, the exports reached the peak of $X. From 2016 to 2021, the growth of the exports remained at a lower figure.

In 2021, the average safety valve export price amounted to $X per unit, waning by -2.1% against the previous year. In general, the export price, however, recorded a temperate expansion. The most prominent rate of growth was recorded in 2014 when the average export price increased by 93% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

In 2021, approx. X units of safety or relief valves for pipes, boiler shells, tanks and vats were imported into Bangladesh; declining by -10.2% compared with 2020 figures. Overall, imports, however, continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2017 when imports increased by 232% against the previous year. Imports peaked at X units in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, safety valve imports dropped to $X in 2021. In general, imports, however, saw prominent growth. The growth pace was the most rapid in 2014 with an increase of 112% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In 2021, Thailand (130K units) constituted the largest safety valve supplier to Bangladesh, accounting for a 42% share of total imports. Moreover, safety valve imports from Thailand exceeded the figures recorded by the second-largest supplier, China (60K units), twofold. India (44K units) ranked third in terms of total imports with a 14% share.

In value terms, China ($X), Russia ($X) and Thailand ($X) were the largest safety valve suppliers to Bangladesh, with a combined 61% share of total imports.

In 2021, the average safety valve import price amounted to $X per unit, falling by -3% against the previous year. Overall, the import price showed a perceptible contraction. The growth pace was the most rapid in 2019 an increase of 95%. Over the period under review, average import prices attained the maximum at $X per unit in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

Some people have proposed a “safety valve” to control the costs of a cap-and-trade policy to fight global warming. This post explains what a safety valve is, and why it provides only an illusion of cost management.

The “safety valve” or “escape hatch” is meant to address this. It specifies that when prices reach a predetermined dollar value, businesses no longer have to rely on the established supply of allowances available in the market. Instead, the federal government makes new allowances available for sale at a specified price – potentially in an unlimited quantity.

There are two problems with this approach:A safety valve destroys the cap. The hard limit on emissions is the cornerstone of a cap-and-trade policy. Without a solid cap, we can’t be sure our emissions will go down enough to avoid the worst consequences of global warming. A safety valve gives the illusion that we are controlling emissions while allowing more greenhouse gas pollution into the atmosphere.

A safety valve limits the economic opportunity of those who develop cleaner technology. Higher permit prices signal the market to invest more in innovative low-carbon technologies – happy news if you’re in the business of inventing and selling ways to cut pollution. A safety valve would sharply curtail incentive for innovation. This drives up costs in the long run, and discourages the development of the clean technology we need.

A safety valve seriously undermines the main advantages of a cap. Its ability to control costs is an illusion, it lets more pollution into the atmosphere, and discourages entrepreneurs from investing in pollution-cutting technology.

Cla-Val is a world-leading designer and manufacturer of automatic control valves. From reducing and relief valves to deluge, air valves and more, Cla-Val manufactures and provides a wide variety of solutions for use in some of the world’s most demanding applications.