Weighing Local Costs of Soil Remediation with the Global Benefit
Summary Remediation imposes significant local costs to a company but generates only nebulous global benefits. Local costs increase staff stress and turnover and hinder organizations from proactively managing future risks. IoT sensors can reveal global benefits of remediation and reduce local costs by easing the workflow around managing contaminated sites. AI enabled sensor analysis increases […]
Decreasing Environmental Liability for Smart Capital
Summary Environmental pollution above Tier 1 guidelines makes asset transfers nearly impossible. IoT sensors like SoilSense help create retroactive and proactive solutions to pollution. Continuous, robust pollution monitoring is another tool in the financier’s toolkit to make assessing, pricing, and incorporating risk into contracts easier and the planet safer. Environmental Risks Too Often Ignored by […]
Conceptual Site Models (CSMs) in the Age of Environmental Data Management and IoT
Summary Conceptual Site Models (CSMs) answer key management questions on site risk and whether a site should be cleaned or not. Conceptual Site Models are a depreciating asset. Like a car, a CSM rapidly loses value as a planning tool once the CSM report is published. Environmental Data Management (EDM) systems have taken over a […]
Underground Storage Tank Study Case Study
The Problem In 2003, a third-party contractor conducted a phase II Environmental Site Assessment (“ESA”) due to light non-aqueous phase liquid (LNAPL) observed in one of the Underground Storage Tanks (“USTs”) nest piezometers. Soil and groundwater impacts exceeded the applicable criteria on and off-site (Figure 1). Follow-up groundwater monitoring events recorded concentrations of petroleum hydrocarbons […]
Natural Source Zone Depletion Study Case Study
The Problem As part of the decommissioning process, an initial Phase II Environmental Site Assessment was conducted on a former Bulk Fuel Facility that operated from the early 1960s to 2002. The assessment identified the following: Petroleum hydrocarbon contamination in soil ranging from 10 to 17 metres below ground surface (mbgs). Depth to groundwater has […]
Above Storage Tank Study Case Study
The Problem An Above Storage Tank (“AST”) fuel spill occurred at the site on July 19, 2010, of which 3,581 litres of 10% blended ethanol gasoline leaked into a containment dyke. Over the course of 2015 and 2016, 32 boreholes were drilled to evaluate the extent of contamination establishing the following: 20 locations – Excess […]