The trade in certificated environmental products has long been established in the US. It is less familiar to investors in the UK and Europe. Green Energy Commodities is a UK-based company that provides the opportunity for UK investors to explore the benefit of this growing market.
The Green Energy Commodities website is www.tradegec.com. This website provides information on the various products offered by Green Energy Commodities. Potential Green Energy Commodities investors and those with a general interest in the certificated environmental products market can view videos via the website which provide further information on how Renewable Energy Certificates and Certified Emissions Reductions operate in practice. Green Energy Commodities also enables potential investors to download brochures, which give further information regarding the products on offer. The Green Energy Commodities head office is in the City of London.
Green Energy Commodities has specific experience and expertise in the trade in Renewable Energy Certificates (RECs). This particular product arose as a consequence of the Kyoto Agreement of 1997. Under that Agreement, the world’s major industrial countries agreed to take concrete steps to reduce carbon emissions. Because the US Senate was unable to tie the hands of individual States, the US Federal Government was unable to formally ratify the Treaty. Nevertheless, the majority of US States put measures into place to control emissions within their jurisdictions. As part of this, restrictions were imposed requiring large polluting industries to ensure that a stipulated proportion of their power usage comes from green sources. RECs were introduced as a means of proving that a set amount of electricity has originated from a renewable source.
Each Renewable Energy Certificate demonstrates that one megawatt hour of electricity has been generated from a specific renewable source. The key feature as far as companies such as Green Energy Commodities are concerned is that RECs are transferrable and tradable. Green Energy Commodities trades specifically in the voluntary REC market. Green Energy Commodities recognises the importance of the fact that possession of an REC enables the owners to state that they have in fact purchased green energy. As Green Energy Commodities explains, these certificates are valuable because many companies – particularly those with a significant public profile – will from time to time be eager to portray a green image to their existing and potential customers. Companies that are known to have invested in RECs previously include Microsoft, McDonalds and Google.
The concept of investing in Renewable Energy Certificates (RECs) is well established in the US. This idea is not as familiar with the UK market. The company, Green Energy Commodities is now seeking to make this investment opportunity more widely available to potential investors in the United Kingdom. It has long been recognised by Green Energy Commodities and its Senior Director, James Hoile that green investments are a growing market – particularly as the effects of global warming become more apparent. Green Energy Commodities offers a selection of environmental investment products and services to meet this ever-growing demand.
As Green Energy Commodities is well aware, a major spur to green investment products came as a consequence of the Kyoto Agreement in 1997. This was the first time that national governments made real headway in putting arrangements in place to attempt to control and reduce carbon emissions. Under the terms of the US Constitution, the US Federal Government was not in a position to formally ratify the Treaty. This was because by doing so, the rights of individual states would potentially be undermined. Nevertheless, the majority of individual US states went on to introduce legislation to curb carbon emissions. As Green Energy Commodities explains, restrictions were placed on carbon emissions from the heaviest polluting industries. Furthermore, energy producers such as large utilities companies were required to ensure that a certain percentage of the power they generated came from renewable sources. This set the background for the niche in which Green Energy Commodities now trades.
So far as the Green Energy Commodities business model is concerned, two important concepts grew in importance as a consequence of the Kyoto Agreement. The first is the idea of ‘carbon credits’. Polluting industries are given carbon emissions quotas. In those situations where a particular organisation has not used up its entire quota, it is possible to openly trade any ‘excess’. Companies such as Green Energy Commodities quickly appreciated the investment potential in this. Furthermore, a way had to be devised in order to calculate exactly how much energy was being produced from renewable sources. This gave rise to the concept of the Renewable Energy Certificate (REC). A single REC (of the type in which Green Energy Commodities trades) shows that 1 megawatt hour of electricity has originated from a renewable source. The fact that these certificates are transferrable and tradable opens the door for forward thinking and environmentally aware investment companies such as Green Energy Commodities.
Renewable energy sources are becoming more important as the price of oil continues to fluctuate. Fossil fuels are short in supply or difficult to harvest, so the world needs to become more dependent on renewable energy sources. Wind farms are making a huge impact and are becoming a very smart investment and example for companies such as Green Energy Commodities.
The London Array wind farm that was recently opened by the Prime Minister consists of 175 turbines in the Tames Estuary that will provide enough electricity for approximately 500,000 homes. Such a feat was not easily accomplished, but it is a huge step for the UK in proving that large scale renewable energy projects can be accepted and successfully completed. This energy scheme is a proud point for the entire West and is a project that James Hoile could use as an example of renewable energy that is capable of receiving certification for green energy cooperation.
The UK is proving that they have some of the best renewable energy resources in Europe. However, much work needs to still be done to develop the huge potential and create thousands of jobs. With exposure now being receive via the London Array, positive steps are being taken on this renewable energy front. The wind farm alone will reduce CO2 emissions by about 900,000 tonnes per year and that gives reason to celebrate and embrace renewable energy.
Joint projects between power and gas firms and wind farm developers need exposure such as the London Array is providing in order to promote the value of renewable energy. This success gives hope for a world free of burning coal and relying on oil for energy and propulsion. As the largest countries in the world continue to reduce emissions and pollutants, it is hoped that the smaller countries will follow their example.
Green Energy Commodities works to promote renewable energy and prove the worth of such energy sources. Helping fossil fuel dependant entities work in conjunction with renewable energy facilities is a major part of their work. They will also assist projects in become certified as emission reducing to help with funding and investment potential. The potential of all renewable energy projects is important, but emissions reduction is a focus of Green Energy. Wind turbines are proven to reduce emissions and future advances with wind turbine farms should be followed and promoted.
Green Energy Commodities is a UK-based company that trades in certificated environmental products. The Green Energy Commodities headquarters is in the City of London. The website address for Green Energy Commodities is www.tradegen.com . This provides comprehensive details of the various products offered by Green Energy Commodities. The website also provides several downloadable brochures and videos. This information enables potential customers of Green Energy Commodities to learn further about the background to the certificated environmental products market. Green Energy Commodities can be contacted by email, phone, or by a callback service included on the website. The website sets out the Green Energy Commodities terms of business. The website can also be used by existing Green Energy Commodities customers to manage their investments.
The current market in certificated environmental products came about as a consequence of the Kyoto Agreement in 1997. Under this Agreement, various industrialised countries in addition to a majority of individual US states agreed to put provisions in place to cut carbon emissions. Many governments have in place a system of carbon credits to control the emissions of their heaviest polluting industries. If a company emits less than its designated carbon allowance it is able to sell its excess to another organisation. The fact that carbon allowances are transferrable underpins the Green Energy Commodities business model.
Green Energy Commodities has particular experience in dealing with Renewable Energy Certificates (RECs). These certificates were introduced primarily as a means of verifying that an organisation has met its requirements under post-Kyoto environmental legislation. An individual Renewable Energy Certificate provides confirmation that 1 megawatt hour of electricity has been produced from a renewable source. RECs are transferrable which means that companies such as Green Energy Commodities are able to trade in them. The owner of a REC is able to state that he has purchased renewable energy. This makes RECs attractive to those companies that wish to cultivate a green image to attract customers concerned with the ‘carbon footprint’ of the products and services they are purchasing. The fact that RECs are appealing to such organisations, increases their desirability as investment products for companies such as Green Energy Commodities. To illustrate the marketability of RECs, Green Energy Commodities states that a wide variety of high-profile organisations are known to have invested in them. These organisations include Google, Dell, McDonalds, Citigroup, Starbucks and Microsoft. Potential customers are able to contact Green Energy Commodities direct for price quotes on products.