|
Corporate Social Responsibility
News
6.26.2007 - 05:10pm ET
|
CSR News from:
|
|
|
News Category:
|
|
Green-e Certifies Shell Trading’s Renewable Energy Certificates
Commercial and Wholesale Customers Can Purchase Certified Renewable Energy Certificates
(CSRwire) SAN FRANCISCO, CA – June 26, 2007 - The Center for Resource Solutions
announced today that RECs offered by Shell Trading (Coral Energy Holding
L.P.) are now Green-e certified. Shell Trading joins the network of
renewable energy providers who offer products certified by Green-e, the
nation's leading certification and verification program for renewable
energy.
"We are pleased that Shell Trading will participate in Green-e by offering
a certified renewable energy option to wholesale and commercial customers,"
said Lars Kvale, Green-e analyst. "Shell Trading’s customized REC
solutions have just made it even easier for commercial and institutional
customers nationwide to reduce the environmental impact of the electricity
they use."
The renewable energy certificates available to wholesale and commercial
customers through Shell Trading come from a variety of Green-e eligible
renewable resources in the United States. By purchasing RECs from Shell
Trading, customers will support these nationwide resources as well as aid
the development of new renewable resources to be built in the U.S.
"The ability to offer Green-e certified RECs is an important step for
Shell Trading as we grow our environmental products business. Shell is
actively involved in a number of sustainable enterprises in the US, and
the ability to offer our customers Green-e certified RECs builds upon that
commitment," said Mark Quartermain, Shell Trading senior vice president.
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 Shell Trading:
Shell Trading is a global business network integrating the worldwide
energy trading activities of the Royal Dutch Shell (“Shell”) group of
companies, of which Coral Energy Holding L.P. and its subsidiaries
(“Coral”) are an integral part. With headquarters in Houston, Texas,
and trading and marketing offices located across North America, Coral
offers a comprehensive portfolio of energy-related products and services
associated with natural gas and power marketing and trading. Coral
generates power, provides natural gas, trades with counterparties and
delivers supply to customers. Shell Trading, through Coral, provides
natural gas and power supply, financial hedging tools and risk management
to commercial, industrial, institutional and transportation end users, as
well as aggregators, brokers and marketers.
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 renewable energy
certification and Green-e logo product labeling for businesses and
organizations that purchase or generate sufficient quantities of renewable
energy. Beginning in summer, 2007, 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 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 pertinent climate change issues with the speed and
effectiveness necessary to provide real-time solutions to ongoing
environmental problems. CRS’ leadership through collaboration and
environmental innovation builds policies and consumer protection
mechanisms that foster healthy and sustained growth in national and
international markets for environmental solutions to climate change
including renewable energy and energy efficiency.
|
|