Blue Chip Companies are Engaged: ClimeCo Witnesses Renewed Interest in Voluntary Carbon Offsets and Cap-and-Trade - WSFA.com: News Weather and Sports for Montgomery, AL.

Blue Chip Companies are Engaged: ClimeCo Witnesses Renewed Interest in Voluntary Carbon Offsets and Cap-and-Trade

  • More newsMore>>

  • Official: 3 bodies retrieved from inside ferry

    Official: 3 bodies retrieved from inside ferry

    Saturday, April 19 2014 3:52 PM EDT2014-04-19 19:52:12 GMT
    The captain of the ferry that sank off South Korea, leaving more than 300 missing or dead, was arrested early Saturday on suspicion of negligence and abandoning people in need. Two crew members also were taken into...More >>
    A coast guard official says divers retrieved three bodies from inside a ferry that sunk off South Korea, raising the confirmed death toll to 36 with more than 265 people still missing, most of them high school students on...More >>
  • Montgomery native wins Ancil Payne journalism award

    Montgomery native wins Ancil Payne journalism award

    Saturday, April 19 2014 3:50 PM EDT2014-04-19 19:50:55 GMT
    A Montgomery native and former student at St. James High School has won the Ancil Payne Award for Ethics in Journalism. Mazie Bryant, who is the editor-in-chief of the University of Alabama's CrimsonMore >>
    A Montgomery native and former student at St. James High School has won the Ancil Payne Award for Ethics in Journalism.More >>
  • Creeping landslide devouring part of Wyoming town

    Creeping landslide devouring part of Wyoming town

    Saturday, April 19 2014 3:43 PM EDT2014-04-19 19:43:28 GMT
    A sudden lurch in a creeping landslide in the northwest Wyoming resort town of Jackson split a house in two and forced workers to abandon efforts to stabilize the hillside.More >>
    No one can say when the mountainside collapsing into this Wyoming resort town will give way. But it appears increasingly likely that when it does, it's going to take a piece of Jackson with it.More >>

Information contained on this page is provided by an independent third-party content provider. WorldNow and this Station make no warranties or representations in connection therewith. If you have any questions or comments about this page please contact pressreleases@worldnow.com.

SOURCE ClimeCo Corporation

BOYERTOWN, Pa., Jan. 28, 2014 /PRNewswire/ -- ClimeCo forecasts blue skies for cap-and-trade growth, as Fortune 500's and blue chips precipitate high offset commodity transactions in 2014. 

(Logo: http://photos.prnewswire.com/prnh/20130510/MM11874LOGO )

Although ClimeCo Corporation is most commonly recognized as the leading producer of N2O voluntary carbon offsets under the Climate Action Reserve (CAR; the Reserve), the diversity of ClimeCo's portfolio has enabled some significantly high-volume yet discreet offset transactions.

During 2013, ClimeCo transacted over 1.5 million offsets, sourced by emissions abatement projects developed under the Reserve's Nitric Acid Production Protocol as well as the California Air Resources Board (CARB) Forestry, Ozone Depleting Substance and Agricultural Methane protocols. 

Market interest continues to progress in 2014, following a sizable CRT transaction that offset the greenhouse gas (GHG) footprint of a confidential blue chip company. This NASDAQ 100 company voluntarily chose to purchase offset credits from ClimeCo based upon its' portfolio diversity and only after a thorough analysis of environmental commodity option alternatives reported ClimeCo's portfolio to be of the highest quality and lowest risk.

Additionally, ClimeCo manages all six of the CAR-approved voluntary nitric acid / nitrous oxide offset projects in operation within the United States, including two of the top five largest projects responsible for generating the most Climate Reserve Tons (CRTs) under the Reserve's high standards.  Terra Nitrogen Ltd Partnership and LSB Industries collectively produced 3.67 million vintage 2008-2012 CRTs, a major contribution to the recent milestone announcement of 40 million metric tonnes of GHG emissions reduced by the Reserve's program. 

  • ClimeCo-managed emissions abatement projects have generated over 4 million carbon credits to date.
  • Current projects managed by ClimeCo will generate over 3 million offsets annually, positioning ClimeCo as the United States leading producer of voluntary offsets within the Reserve.
  • By 2019, these projects will have generated 20 million carbon offsets, bringing the United States closer to President Obama's climate policy goal to return GHG emissions to 1990 levels by year 2020.

ClimeCo Corporation is a respected advisor and trader of environmental commodity market products.  ClimeCo has specialized expertise in California cap-and-trade and voluntary market advisory and transactional services and project financing of internal CO2 abatement systems. Within the Climate Action Reserve, ClimeCo is the largest producer of U.S. voluntary carbon credits, managing projects that generate in excess of 3 million credits per year.  Contact: 484-415-0501 or cjackson@climeco.com

CONTACT
Cynthia Jackson
Public Relations Manager
(484) 415-0501
info@climeco.com

©2012 PR Newswire. All Rights Reserved.

Powered by WorldNow