ICE launches California carbon allowance contract - Energy Business Review

ICE launches California carbon allowance contract

Published 30 August 2011

IntercontinentalExchange (ICE) has launched the first trade of the California carbon allowance forward contract based on California's new cap and trade program. The transaction includes 100 contracts, representing 100,000 vintage 2013 California carbon allowances which will be delivered in December 2013, at a price of $17.00 per allowance. The terms for the first trade were agreed between NRG Power Marketing and Shell Energy North America on 10 August 2011. Shell Energy vice president environmental products Tom Ingwers said that the contract will help provide some liquidity to the nascent California carbon markets. "Added liquidity will enable entities across the state to utilize a methodical, measured approach in managing their emission reduction goals, schedule and associated costs," Ingwers said.

New Green House Gas Project Registry Released for General Public and Industry. www.ghgemissionscorp.com

CALGARY, ALBERTA--(Marketwire - Dec. 5, 2011) - GHG Emissions Corp. is pleased to announce that the much anticipated Greenhouse Gas Emission Reductions Registry, for voluntary carbon offset projects, is now in operation and showcasing projects for private investment and industrial offset commitments.

The GHG Emissions Corp. Registry site is built on a secure and trusted platform that issues, tracks and retires Verified Emission Reductions (VERs), along with the critical documents that pertain to each project. The GHG Emissions Corp. Registry is a global site, open to projects from most countries. GHG Emissions Corp. is presently pursuing VCS certification for its registry. The new registry fills a void that other registries have ignored. The GHG Emission Corp. Registry permits GHG reduction projects from corporations and individuals. The Registry is unique among States, Provinces, and GHG jurisdictions thanks to transparent and consistent standards which calculate, verify and publicly report greenhouse gas emissions into a single comprehensive registry. The GHG Emission Corp. Registry is backed by professionals from a business solutions perspective with extensive background in GHG project development and policy frameworks. The GHG Emission Corp. Registry provides the credibility demanded by voluntary markets as well as to enhance consumer, business and government confidence that the reductions or removals are accurate, absolute and consistent under ISO 14064 standards. Project developers can now register their projects on the GHG Registry for free until March 2012. Future registration pricing is attractive with no cost for offset transfers. The GHG Emission Corp. Registry allows GHG project developers or owners to initiate the project registration process, upload documents and request issuance of VERs through the online portal. Once VERs are issued, they can be transferred immediately to any Registry Account Holder.

Partnership opportunities are available.

Contact Information

GHG Emissions Corp.
Suite J, 2222 West Southport Road
Indianapolis, IN 46217
866-999-7276
Info@GHGemissionscorp.com
www.ghgemissionscorp.com

Buffet's MidAmerican Energy To Buy First Solar's $2 Bln Power Plant

(RTTNews) - Billionaire investor Warren Buffet's MidAmerican Energy Holdings has agreed to buy First Solar's (FSLR) Topaz Solar Farm, a 550-megawatt photovoltaic power plant in California. The companies did not disclose any financial details of the deal. Subsequent to the announcement, shares of First Solar gained over seven percent on the Nasdaq. The Topaz project worth more than $2 billion is being built in San Luis Obispo County, California and is one of the two largest photovoltaic projects in the world. The plant will have the capacity to generate renewable energy to power about 160 thousand average California homes. According to Greg Abel, chief executive of MidAmerican Energy, "Adding solar energy to our generation portfolio is a strategic move to invest in yet another renewable energy source...This project also demonstrates that solar energy is a commercially viable technology without the support of governmental loan guarantees and reflects the type of solar and other renewable generation that MidAmerican will continue to seek to add to its unregulated portfolio."