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Corporate Social Responsibility
News
5.08.2007 - 08:00am ET
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Green-e Certifies Renewable Energy Certificates Brokered and Sold by Amerex Brokers LLC
Retail and Wholesale Customers Can Purchase Certified Renewable Energy Certificates From Amerex Brokers LLC
(CSRwire) SAN FRANCISCO, CA.- May 08, 2007 — The Center for Resource Solutions
announced today that Amerex Brokers LLC will be offering Green-e certified
Renewable Energy Certificates (RECs). Texas-based Amerex Brokers is a part
of the largest network of renewable energy providers who offer products
certified by the nation’s leading certification and verification
program.
"We are pleased to welcome Amerex Brokers into the Green-e program.
Commercial and wholesale customers can now buy Green-e certified RECs from
Amerex Brokers in order to offset the greenhouse gas emissions associated
with their electricity use" said Lars Kvale, analyst with the Center for
Resource Solutions.
The renewable energy certificates available to commercial and wholesale
customers through Amerex Brokers will be supplied from Green-e eligible
renewable facilities in the United States. By purchasing Amerex RECs,
customers will support these resources as well as aid the development of
new resources to be built in the United States.
"We are proud to offer this additional service to our customers. By
becoming a broker and marketer of Green-e certified products, Amerex will
add liquidity to the wholesale REC market" said John Morrow of Amerex
Brokers LLC.
The Green-e program is the leading renewable energy certification and
verification program in the U.S., with over 150 participating vendors who
sold over five million MWhs of renewable energy in 2005. The program
provides independent, third party certification to ensure certified
renewable energy meets strict environmental and consumer protection
standards.
Through the display and recognition of the Green-e logo, the national
symbol for renewable energy excellence, a growing number of consumers are
able to easily identify high quality, certified renewable energy options,
as well as everyday consumer products that are produced by companies that
use renewable energy in their operations.
Providers of Green-e certified renewable energy agree to abide by the
Green-e Code of Conduct, and meet strict Green-e disclosure and
truth-in-advertising requirements. All Green-e marketers undergo an annual
verification audit to document that the company purchased and/or generated
enough quantity and type of renewable energy to meet customer demand and
marketing claims.
About Amerex Brokers LLC
Founded in 1978, Amerex is a leading over-the-counter energy brokerage
offering services in electricity, natural gas, emission credits and
allowances, retail energy procurement and energy data services. From its
office in Houston, Amerex offers liquidity and timely execution to meet
the needs of thousands of traders and risk management professionals. For
additional information, please visit http://www.amerexenergy.com.
Amerex Brokers LLC is a wholly-owned subsidiary of GFI Group Inc.
("GFIG"), a leading inter-dealer broker specializing in over-the-counter
derivative products and related securities. GFI Group Inc. provides
brokerage services, market data and analytics software products to
institutional clients in markets for a range of credit, financial, equity
and commodity instruments.
About Green-e and the Center for Resource Solutions:
Green-e provides an easy way for consumers to find credible greenhouse gas
mitigation options. The Green-e Program currently offers certification of
renewable energy as well as license of the Green-e logo to businesses and
organizations that purchase or generate sufficient quantities of renewable
energy. Beginning this summer, Green-e will also offer certification of
retail greenhouse gas reduction products. To learn more about Green-e
certified products and programs available in all 50 states, visit http://www.green-e.org.
Green-e is a program of the Center for Resource Solutions (CRS), a
national non-profit organization working to promote sustainable resource
solutions that reduce greenhouse gas emissions responsible for climate
change. CRS designs and operates national and international programs that
support the increased supply and use of renewable energy resources,
greenhouse gas reductions, and energy efficiency measures. To learn more
about CRS, visit: www.resource-solutions.org.
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