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Dr. David Shearer to Lead Discussion at Carbon Market Insights Americas 2007

Dr. David Shearer to Lead Discussion at Carbon Market Insights Americas 2007

Published 10-23-07

Submitted by Climate Clean

PORTLAND, OR - October 23, 2007 - Climate Clean, the only offset provider to address all six of the dangerous greenhouse gases, announced today that Dr. David Shearer, Founder, Interim Chief Science Officer, and developer of the offset methodology for Climate Clean, has been invited to address Point Carbon's "Carbon Market Insights Americas 2007," in New York City October 29-31.

Dr. Shearer, who was a scientist on the Toyota Prius design team, will participate in a roundtable discussion, "What Carbon Standard?", focused on Clean Development Mechanism (CDM) methodologies and offset protocols, including an examination of which standard is a developer's best bet, and how to develop avoided deforestation methodologies. Joining Dr. Shearer will be moderator David Hayes from Stanford University and panelists Laurent Segalen of International Carbon Investors & Services, Marty Gitlin of AgCert International, and Caitlin Sparks of The Gold Standard.

"With so many questions about standards and a lack of consistency in how they are measures and developed, it's vitally important to have open discussions about methodologies and protocols," said Dr. Shearer. "Especially in the voluntary U.S. market, building the right foundation for upcoming state, local, and federal regulations is critical."

More than 1,000 participants are expected to attend the Point Carbon conference, which will feature speakers from all aspects of the carbon industry and look to reflect the emergence of carbon markets in North America, with a special focus on the role of technology in these markets. In addition to Dr. Shearer, speakers include representatives from EcoSecurities, Pew Center on Global Climate Change, Merrill Lynch, and California Climate Action Registry. Point Carbon’s March 2007 Carbon Markets Insights event gathered 1600 delegates from more than 60 countries, representing more than 600 companies, organizations and governments.

"We developed the Climate Clean methodology as the evolution in carbon offsets. Providers who only address carbon dioxide are ignoring a significant part of the problem," said Dr. Shearer. "By selecting verified projects that also offset methane, ground level ozone, and black carbon, we can make an immediate difference with short-term pollutants while still helping bring about long-term change from reduced carbon dioxide."

Dr. Shearer led the creation of Climate Clean's offset portfolio methodology and directs the company's offset procurement activities. In addition to his role at Climate Clean, Dr. Shearer is Chief Scientist at California Environmental Associates. He specializes in climate change, next-generation transportation, energy, and information technologies, policy instruments, developing emerging technology markets, and exposure assessment for air pollutants. His work includes a broad range of private and public sector organizations to manage environmental risk, quantify the life cycle impact of human activities, develop market-based environmental strategies, and engage stakeholder groups in constructive dialogue.

About Point Carbon

Point Carbon is a world-leading provider of independent news, analysis, and consulting services for European and global power, gas, and carbon markets. Point Carbon's comprehensive services provide its more than 15,000 clients worldwide with market-moving information through monitoring fundamental information, key market players, and business and policy developments. Point Carbon is headquartered in Oslo with offices in Brussels, Kiev, London, Tokyo, and Washington, D.C. For more information, visit www.pointcarbon.com.

About Climate Clean, LLC

Climate Clean is a pioneer in offsetting all six of the dangerous greenhouse gases that contribute to climate change by offering a solution that addresses the whole problem. Led by an advisory board which includes renowned primatologist Dr. Jane Goodall and Dr. David Shearer, a scientist on the Toyota Prius design team, Climate Clean has developed a strict methodology for ensuring verifiable, measurable offsets. The company encourages people and organizations to reduce energy and resources first and then offset what is left to help transition toward a sustainable future. For more information, please visit www.climateclean.net.

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