CERP Members
The Coalition for Emission Reduction Projects brings together leading companies from the energy, financial services, and emissions reduction project development sectors. The Coalition’s members have diverse interests and views on climate change policy. However, the Coalition is united around the following principles:
- The United States needs a reasonable and well-designed federal greenhouse gas regulatory program.
- Any such program should be market-based in its approach.
- Any such program should allow entities covered by the emissions cap to meet their requirements through the use of a range of domestic emission reduction and sequestration projects and also through the use of allowances and credits from international programs.
Members
American Electric Power is one of the largest electric utilities in the United States, delivering electricity to more than 5 million customers in 11 states. AEP ranks among the nation's largest generators of electricity, owning more than 38,000 megawatts of generating capacity in the U.S. AEP also owns the nation's largest electricity transmission system, a nearly 39,000-mile network that includes more 765 kilovolt extra-high voltage transmission lines than all other U.S. transmission systems combined.
Blue Source has the leading climate change offset portfolio in North America with more publicly registered third-party verified greenhouse gas (GHG) offsets, more historical GHG offset sales and more GHG offset types by location, vintage and source than any other company in North America.
Deutsche Bank AG is one of the world's leading investment banks. With major offices in New York, London and Frankfurt, DB employs over 77,000 people in 75 countries, including 13,000 in the United States. DB offers unparalleled financial services throughout the world, and competes to be the leading global provider of financial solutions for demanding clients. Helping customers with climate change issues has become a key focus of the firm's growth. DB is a major participant in offset projects, renewable energy investment opportunities and other climate-related business.
Dominion is one of the nation's largest producers and transporters of energy, with a portfolio of approximately 26,500 megawatts of generation, 14,000 miles of natural gas transmission, gathering and storage pipeline, 6,000 miles of electric transmission lines and 1 Tcfe of proved natural gas and oil reserves. Dominion also owns and operates the nation’s largest underground natural gas storage system with over 970 billion cubic feet of storage capacity and serves retail energy customers in 11 states.
DTE Energy Company is a diversified energy company. The largest operating subsidiaries are Detroit Edison and MichCon. Together, these regulated utility companies provide electric and/or gas services to more than three million residential, business and industrial customers in Michigan. Detroit Edison generates, transmits and distributes electricity to 2.2 million customers in southeastern Michigan. With an 11,080 megawatt system capacity, the company uses coal, nuclear fuel, natural gas, hydroelectric pumped storage and renewable sources to generate its electrical output. MichCon is engaged in the purchase, storage, transmission, distribution and sale of natural gas to approximately 1.3 million customers in Michigan. The company owns and operates 271 storage wells representing approximately 34 percent of the underground working capacity in Michigan.
Duke Energy, one of the largest electric power companies in the United States, supplies and delivers energy to approximately 3.9 million U.S. customers. The company has approximately 36,000 megawatts of electric generating capacity in the Midwest and the Carolinas, and natural gas distribution services in Ohio and Kentucky. In addition, Duke Energy has more than 4,000 megawatts of electric generation in Latin America, and is a joint-venture partner in a U.S. real estate company.
Econergy International is a renewable Independent Power Producer (IPP) focused primarily in the Americas. Econergy's portfolio to date includes the acquisition and development of hydroelectric and wind power projects in Bolivia, Brazil, Mexico, Costa Rica and Chile. In the U.S., Econergy's focus is on generating renewable electricity from biomass resources including agricultural wastes, dedicated energy crops, and municipal solid waste. Econergy is a recognized leader in the carbon markets, and is actively securing carbon credit contracts in regulated markets worldwide and advancing high-quality emissions reduction transactions in voluntary markets.
EcoSecurities is a world leader in mitigating climate change through the generation of credits from greenhouse gas emissions reduction projects, with 10 years of experience in the carbon market and one of the industry's largest portfolios. EcoSecurities structures and guides greenhouse gas emission reduction projects from beginning to end, working with both project developers and buyers of emission reduction credits on projects in a wide range of sectors, including renewable energy, agriculture and urban waste management, industrial efficiency, and forestry. The company is able to structure emission reduction transactions to fit any buyer's needs, and has executed transactions with both private and public sector buyers in Europe, North America and Japan. EcoSecurities is now working on 426 projects in 36 countries using 18 different technologies, and has been recognized as the world's leading greenhouse gas advisory firm for the last 5 years by readers of Environmental Finance Magazine.
Element Markets is an innovative carbon management and alternative energy company, that helps clients take full advantage of today's environmental business opportunities, from credit trading and project development to technology commercialization. The company's Alternative Energy Group develops a variety of projects including wind, solar PV, and methane-to-energy projects. The Trading and Asset Management Group transacts both in the voluntary and compliance markets for the entire range of environmental credits which includes Carbon Credits, Renewable Energy Credits (RECs), and Emission Reduction Credits (ERCs). Element Markets leverages the relationship between its development and trading business with strong regulatory intelligence to capture unique market opportunities. Due to its integrated approach, it is in a strategic position to provide innovative solutions for its clients in this burgeoning market.
El Paso Corporation provides natural gas and related energy products in a safe, efficient, and dependable manner. Organized around two core businesses, El Paso’s 43,000 miles of pipeline transports approximately a quarter of the natural gas consumed in the country each day, and its E&P company ranks in the top 10 domestic independent producers. Not only was El Paso the first natural gas company to join the California Climate Action Registry, but was also the first natural gas transmission company in the U.S. to submit an inventory covering multiple GHG pollutants. El Paso successfully certified its greenhouse gas (GHG) emissions inventory with the California Climate Action Registry (Registry), becoming the first company to earn the distinction of Climate Action LeaderTM for 2007, and the first to submit an error-free document.
Environmental Credit Corp. is a leading originator and aggregator of carbon credits from US projects. We're building a large and diverse portfolio of high quality carbon credits created from cost-effective, long-term projects that reduce greenhouse gases. We partner with farmers, waste managers, renewable energy developers and others to create economic value from environmental benefits, demonstrating our commitment to a sustainable balance between profitability and environmental stewardship ̶ for us, our partners, and our world.
Equator Environmental, LLC specializes in the generation and management of high-quality carbon credits and environmental assets derived from reforestation projects, forest conservation and sustainable land management. Equator uses state-of-the-art financial structuring techniques to create diversified revenue streams that benefit governments, timberland owners and local communities who make up its client and partner base. Equator advocates policies that support the development of ecosystem markets and create sustainable cash flows related to the protection and enhancement of the world's ecosystems.
First Climate Group combines the competence and expertise in project and methodology development from Factor AG and the financial savviness in carbon credit commercialization and the climate neutral expertise of 3C Group. As a vertically integrated player covering the entire carbon credit value chain, First Climate is among the leading companies in the dynamic carbon markets. First Climate has a comprehensive track record in financial advisory and financial management and an outstanding reputation as an experienced full service carbon market service provider.
John Deere is the world's leading provider of advanced products and services for agriculture and forestry and a major provider of advanced products and services for construction, lawn and turf care, landscaping and irrigation. John Deere also provides financial services worldwide and manufactures and markets engines used in heavy equipment. Since it was founded in 1837, the company has extended its heritage of integrity, quality, commitment and innovation around the globe.
Leaf Clean Energy Company is a publicly listed investment company focused on acquiring interests in, owning, operating and managing clean energy companies and projects primarily in North America. The company's main investment objective is to achieve long term capital appreciation through its acquired interests in the clean energy sector, as well as through the potential generation and ommercialisation of carbon credits derived from these projects. Leaf is advised by Energy & Climate Advisors, a joint venture between EEA Fund Management (a leading UK based carbon/renewable energy asset manager) and Shaw Capital (a subsidiary of The Shaw Group, a Fortune 500 company).
MGM International, recognized as the best CDM/JI project developer in 2005, is a leader in the development of projects that generate emission reductions worldwide and in their innovative commercialization. Since 2001 MGM International has been a pioneer in the carbon market through the identification, design, negotiation, execution, commercialization and monitoring of projects that mitigate CO2, CH4, N2O, HFC and PFC emissions worldwide.
Natsource has $1.2 billion in assets under management, and is a leading provider of asset management, origination, and advisory and research services in global emissions and renewable energy markets.
Stark Investments is a multi-strategy alternative asset management firm with over $14B under management. The Global Environmental Finance strategy at Stark Investments focuses on the investment hierarchy of climate change. The GEF team has been active in both the European and U.S. carbon markets and has developed expertise in evaluating and investing in offset projects.
For more information
Van Ness Feldman provides support for the Coalition. If you would like more information, or if you are interested in joining the coalition, please contact Tom Roberts (202.298.1930, tcr@vnf.com) or Kyle Danish (202.298.1876, kwd@vnf.com).