Making a difference today for a better world tomorrow.

Glossary

Offset Pricing Monthly Market Digest – October 2019

Offset Pricing Monthly Market Digest – October 2019

Making a difference today for a better world tomorrow.

Offset Supply Information:

All CCOs issued to date: 164.23 million
Compliance credits awaiting issuance: 25.27 million 

CA and General Market Commentary:

  • On November 4th, ARB released the 2018 Emissions Report. Emissions for sources covered by the Cap and Trade Program decreased by 0.2% from 2017.  Reported emissions were 319.9 million MtCO2e, versus a cap of 358.3 million MtCO2e.
  • Through 2018, the surplus of allowances continued to grow, because actual emissions in 2018 were less than the 2018 allowance budget.
  • However, it is interesting to note that if actual emissions continue to decline by only 0.2%/year going forward, then in 2022, emissions will exceed the cap for the first time, and surplus allowances in the market would begin to be drawn down.

ClimeCo Corporation is a respected project developer, advisor and trader of environmental commodity market products. Specialized expertise in regional criteria pollutant trading programs, California cap‐and‐trade, voluntary markets and project development and financing of internal CO2 abatement systems complement ClimeCo’s diverse commodity portfolio. Within the Climate Action Reserve, ClimeCo is the largest developer of U.S. GHG‐offset projects and producer of U.S. voluntary carbon offsets, managing projects that reduce more than four million tonnes of CO2e per year. For information, contact 484‐415‐0501 or nmarshall@climeco.com.

Offset Pricing Monthly Market Digest – October 2019

Offset Pricing Monthly Market Digest – September 2019

Making a difference today for a better world tomorrow.

Offset Supply Information:

All CCOs issued to date: 163.79 million

Compliance credits awaiting issuance: 25.48 million 

CA and General Market Commentary:

  • September was a relatively quiet month. Light quantities of CCOs were issued by ARB, and the ROC backlog declined slightly.  CA allowance prices trended down slightly, but CCO prices were unchanged.

ClimeCo Corporation is a respected project developer, advisor and trader of environmental commodity market products. Specialized expertise in regional criteria pollutant trading programs, California cap‐and‐trade, voluntary markets and project development and financing of internal CO2 abatement systems complement ClimeCo’s diverse commodity portfolio. Within the Climate Action Reserve, ClimeCo is the largest developer of U.S. GHG‐offset projects and producer of U.S. voluntary carbon offsets, managing projects that reduce more than four million tonnes of CO2e per year. For information, contact 484‐415‐0501 or nmarshall@climeco.com.

Offset Pricing Monthly Market Digest – October 2019

Offset Pricing Monthly Market Digest – August 2019

Making a difference today for a better world tomorrow.

Offset Supply Information: 

All CCOs issued to date: 161.49 million 

Compliance credits awaiting issuance: 26.07 million 

CA and General Market Commentary: 

  • On August 27th, the California Air Resources Board announced the results of the 20th quarterly Joint Auction.  Current vintage allowances cleared at $17.16, a premium of $1.54 over the auction floor price for 2019 of $15.62.  The auction had a bid-to-cover ratio of 1.49.  87% of the current vintage allowances were purchased by compliance entities. 

ClimeCo Corporation is a respected project developer, advisor and trader of environmental commodity market products. Specialized expertise in regional criteria pollutant trading programs, California cap‐and‐trade, voluntary markets and project development and financing of internal CO2 abatement systems complement ClimeCo’s diverse commodity portfolio. Within the Climate Action Reserve, ClimeCo is the largest developer of U.S. GHG‐offset projects and producer of U.S. voluntary carbon offsets, managing projects that reduce more than four million tonnes of CO2e per year. For information, contact 484‐415‐0501 or nmarshall@climeco.com.

Third Eye Blind Honors ClimeCo at Band’s Final Summer Tour Stop

Third Eye Blind Honors ClimeCo at Band’s Final Summer Tour Stop

Making a difference today for a better world tomorrow.

NEWS RELEASE

Danielle A. Pingitore, Marketing Coordinator
(484) 415-0501 or dpingitore@climeco.com

Throughout their Summer Gods Tour with Jimmy Eat World, Third Eye Blind has worked diligently to offset the outing’s carbon footprint.  To compensate for audience travel – the biggest source of carbon emissions from the tour – a portion of each ticket sold supported a US-based carbon offset project managed by ClimeCo, the American Land Conservancy, and the Rocky Mountain Elk Foundation.  ClimeCo provides comprehensive solutions to help reduce the environmental impact of the general public. 

To honor ClimeCo’s fervent environmental service, Third Eye Blind presented them with a tree onstage at the band’s final tour stop in Irvine, California.  The tree will be planted at FivePoint Amphitheatre as a continued reminder of their support.

If you have any questions or would like more information, please contact Danielle Pingitore at dpingitore@climeco.com.

Pictured: Dan Linsky (Vice President of Voluntary Markets of ClimeCo), Bill Flederbach (President & CEO of ClimeCo), and Stephan Jenkins (Lead Singer & Guitarist of Third Eye Blind) at Third Eye Blind’s last show of their 2019 Summer Gods Tour which took place at the FivePoint Amphitheater in Irvine, California.

Photo Credit: Stephen Albanese

ClimeCo Corporation is a respected project developer, advisor and trader of environmental commodity market products. Specialized expertise in regional criteria pollutant trading programs, California cap‐and‐trade, voluntary markets and project development and financing of internal CO2 abatement systems complement ClimeCo’s diverse commodity portfolio. Within the Climate Action Reserve, ClimeCo is the largest developer of U.S. GHG‐offset projects and producer of U.S. voluntary carbon offsets, managing projects that reduce more than four million tonnes of CO2e per year. For info, contact 484‐415-0501, nmarshall@climeco.com or dpingitore@climeco.com.

107.7 The End’s Interview with ClimeCo & Third Eye Blind’s Stephan Jenkins

107.7 The End’s Interview with ClimeCo & Third Eye Blind’s Stephan Jenkins

Making a difference today for a better world tomorrow.


Click PLAY above to listen to Seattle’s Alternative Music Station 1077 The End‘s broadcasted interview discussing how ClimeCo worked with Third Eye Blind to voluntarily mitigate the carbon emissions of their 2019 Summer Gods Tour. The interview features Third Eye Blind’s lead singer/songwriter/guitarist, Stephan Jenkins, and ClimeCo’s Vice President of Voluntary Markets, Dan Linsky!

Read the full story here: Third Eye Blind Mitigates Upcoming Summer Tour with ClimeCo

 

ClimeCo Corporation is a respected project developer, advisor and trader of environmental commodity market products. Specialized expertise in regional criteria pollutant trading programs, California cap‐and‐trade, voluntary markets and project development and financing of internal CO2 abatement systems complement ClimeCo’s diverse commodity portfolio. Within the Climate Action Reserve, ClimeCo is the largest developer of U.S. GHG‐offset projects and producer of U.S. voluntary carbon offsets, managing projects that reduce more than four million tonnes of CO2e per year. For info, contact 484‐415-0501, nmarshall@climeco.com or dpingitore@climeco.com.

ClimeCo is Selected as Project Developer of the Year

ClimeCo is Selected as Project Developer of the Year

Making a difference today for a better world tomorrow.

NEWS RELEASE
FOR IMMEDIATE DISTRIBUTION
Nancy Marshall, Marketing Director
864-266-1210 or nmarshall@climeco.com

 

ClimeCo Corporation (ClimeCo) is pleased to announce its selection as Project Developer of the Year by the Climate Action Reserve (CAR), in recognition for the Most Registered Carbon Offset Projects in 2018.

CAR, North America’s premier carbon offset registry, presented the award to ClimeCo Corporation during CAR’s North American Carbon World (NACW) 2019 annual conference, which is currently being held in Los Angeles, CA, through April 26.  Award recipients are nominated based upon their demonstration of leadership in advancing climate solutions and strengthening carbon markets through the development of successful carbon offset projects that achieve real, quantifiable, verifiable, additional, and permanent emissions reductions.

“ClimeCo is celebrating ten years in business this year and to receive an award like this from CAR is a great gift,” said Bill Flederbach, President & CEO of ClimeCo.  “I am very proud of the team we have built over the last 10 years, our culture, our clients, the incredible volumes of greenhouse gases that we’ve reduced, and us being the leading producer of carbon credits within CAR.”

ClimeCo has worked with CAR for the past 10 years and has registered more than 16 million carbon offsets.  Their offset volume stems from reducing greenhouse gas emissions through several project types, including N2O Abatement, Destruction of Ozone Depleting Substances, Agricultural Methane Capture, and Organic Waste Composting.  It is the combination of their clients, their diversification, and the dedication of their project team that has allowed them to be the leader in carbon offset project development.

“CAR has been a tremendous partner for ClimeCo over the years,” said Derek Six, Chief Business Officer of ClimeCo.  “Their dedication to creating high-quality protocols and ensuring a crediting program of the utmost integrity aligns well with ClimeCo’s core values.  We are proud to be implementing creative and innovative emission reduction projects, and very much appreciate this recognition for our efforts.”

ClimeCo is an advisor, broker, and developer of both voluntary and compliance grade environmental commodity market products, with specialized expertise in California cap-and-trade, market advisory, transactional services, and project financing.

To learn more about ClimeCo, how you can be a part of this growing business or how your company can benefit, visit us at www.climeco.com or contact us here.

ClimeCo Corporation is a respected project developer, advisor and trader of environmental commodity market products. Specialized expertise in regional criteria pollutant trading programs, California cap‐and‐trade, voluntary markets and project development and financing of internal CO2 abatement systems complement ClimeCo’s diverse commodity portfolio. Within the Climate Action Reserve, ClimeCo is the largest developer of U.S. GHG‐offset projects and producer of U.S. voluntary carbon offsets, managing projects that reduce more than four million tonnes of CO2e per year. For info, contact 484‐415-0501, nmarshall@climeco.com or dpingitore@climeco.com.