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Corporate Social Responsibility
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2.27.2008 - 10:17am ET
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First Green-e Climate Certified Carbon Offsets Offered by 3Degrees, BEF, Community Energy, and Renewable Choice
The first Green-e Climate Certified greenhouse gas emission reduction products offered on the retail market are announced at Carbon Forum America
(CSRwire) SAN FRANCISCO, CA - February 27, 2008 — The Center for Resource Solutions
announced today that Green-e(R) Climate, the nation's first independent
certification for carbon offset products, has certified products offered
by retailers 3Degrees, Bonneville Environmental Foundation, Community
Energy, and Renewable Choice Energy. These products have met or exceeded
Green-e Climate's strict standards for project verification and
measurement, consumer transparency, and truth-in-marketing claims, and
will be granted the use of the Green-e Climate logo.
Green-e Climate is a consumer-protection program requiring that greenhouse
gas emission reductions be verified according to strict project-level
certification (including the Clean Development Mechanism, Gold Standard,
and Voluntary Carbon Standard) that ensure the reductions have taken
place, are permanent, and come from projects that would not have happened
under a "business as usual" scenario. Sellers of Certified offsets must
provide customers with a product content label that explains where the
reductions were sourced from, including the locations and types of
projects, such as renewable energy, forestry, and methane capture. Sellers
must also undergo a yearly audit to ensure their supply of offsets matches
their sales, and comply with Green-e Climate's consumer-disclosure and
truth in advertising requirements.
"Carbon offsetting is an essential weapon in our fight to combat climate
change," said Ricardo Bayon, co-founder and partner of Eko Asset
Management and chair of the Ecosystem Marketplace Advisory Board. "But
this weapon will only be effective if it is backed by real, verifiable,
measurable offsets and standards to ensure quality, integrity, and
transparency. Green-e Climate goes a long way towards addressing these and
other problems within the carbon markets."
"We are excited to have these four sellers offering the first Green-e
Climate Certified offsets," said Lars Kvale, Green-e Climate Manager.
"Reducing greenhouse gas emissions is crucial, and offsets give us a way
to go beyond conservation and energy efficiency. Consumers can feel
confident that these Certified offsets have been verified, and are exactly
as advertised."
Green-e Climate includes a stakeholder-reviewed protocol for determining
the greenhouse gas value of renewable energy. One of the stakeholders that
participated in the development of the protocol was the Natural Resources
Defense Council. "We particularly appreciate Green-e Climate's leadership
role in rigorously linking the markets for renewable energy and carbon
offsets, so that those who want to help reduce global warming pollution
can support additional renewable energy generation," said Ralph Cavanagh,
NRDC Energy Program Co-Director.
The Gold Standard is one of the four Endorsed Programs that verify
projects under Green-e Climate. "Green-e Climate offers consumers
certainty that the offset they purchase is clearly labeled and traceable,"
said The Gold Standard's Caitlin Sparks. "The Gold Standard is one of the
small handful of standards endorsed by Green-e Climate and we are pleased
to support their effort to bring further transparency and credibility to
the voluntary market."
About Green-e Climate
Green-e Climate is the nation's first certification program for greenhouse
gas (GHG) emission reductions (carbon offsets) sold to consumers on the
retail market. This consumer-protection program strengthens the voluntary
market by providing credible oversight of and transparency to retail
offset products. Consumers purchasing Green-e Climate Certified offsets
have clear information about the projects their GHG reductions are sourced
from, and are guaranteed that offsets have not been double sold or double
counted. The program verifies that a seller's supply of offsets equals
their sales, that GHG reductions are independently certified and verified,
and that consumer disclosures are accurate. Find out more at www.green-e.org/climate.
About Green-e and the Center for Resource Solutions
Green-e is the nation's leading independent consumer protection program
for the sale of renewable energy and greenhouse gas reductions in the
retail market. Green-e offers certification and verification of renewable
energy and greenhouse gas mitigation products through Green-e Energy, the
renewable energy certification program; and Green-e Climate, the
greenhouse gas emission reduction certification program. Green-e
Marketplace is a labeling program for organizations that purchase or
generate sufficient quantities of renewable energy. To learn more about
Green-e certified products and programs available in all 50 states, visit
www.green-e.org.
Green-e is a program of the Center for Resource Solutions (CRS), a San
Francisco-based nonprofit with a global impact. CRS brings forth expert
responses to climate change issues with the speed and effectiveness
necessary to provide real-time solutions. Our leadership through
collaboration and environmental innovation builds policies and
consumer-protection mechanisms in renewable energy, greenhouse gas
reductions, and energy efficiency that foster healthy and sustained growth
in national and international markets.
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