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
Alpha Natural Resources is one of America's premier coal suppliers with coal production capacity of greater than 90 million tons a year. Alpha is the nation's leading supplier and exporter of metallurgical coal used in the steel-making process and is a major supplier of thermal coal to electric utilities and manufacturing industries across the country. The company, through its affiliates, employs approximately 6,200 people and operates more than 60 mines and 14 coal preparation facilities in the regions of Northern and Central Appalachia and the Powder River Basin. More information about Alpha can be found on the company's website at www.alphanr.com.
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.
Camco is an international climate change and sustainable energy business that has provided strategic, technical and financial services in the field for more than 20 years. Camco's team consists of over 220 experts located in 12 countries. Our Carbon Team is an unparalleled leader in asset development, and currently manages one of the world's largest carbon credit portfolios. Camco received the Best Project Developer award by Point Carbon in 2007, 2008, and 2009. Our Advisory team provides strategic carbon management services, while our Investment team works with project developers, technology providers, and investor groups to turn innovative projects into commercially viable solutions.
C-Quest Capital is a fully-integrated carbon finance business seeking to create and protect value by originating high-quality carbon products for voluntary and compliance purposes. Our management team has been developing best-in-class sustainable energy and forestry projects around the globe for over 35 years. Employing this knowledge and a flexible balance sheet, we take principal positions as a carbon strategic investor in the U.S. and targeted developing countries, while at the same time developing innovative products and employing hedging strategies to support our carbon origination and asset management activities. C-Quest aims to promote international development by using carbon finance to catalyze the implementation of sustainable resource projects, enhance energy security, and help alleviate poverty at a local level.
C-Trade Comercializadora De Carbono Ltda., a Brazilian Corporation, was established in March 2006 in Rio de Janeiro. The company identifies, certifies and negotiates the sale of approved carbon emission reduction units into international markets. Working with 4MW-130MW hydroelectric facility owners in both Bolivia and Brazil, C-Trade activities to date have created Certified Emissions Reduction units (CER) of 3.8 million metric tons CO2 equivalent within the Kyoto Protocol first compliance period (2008-2012), realizing a cumulative transaction value exceeding US$90 million in CER asset value to project owners. Strategically, C-Trade is undertaking renewable energy project CER development contracts in Bolivia, Brazil, Chile, Ecuador, Peru and Mexico for the certification and the sale of registered CER into Europe within the Kyoto Protocol CDM mechanism.
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.
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, 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.
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 commercialisation of carbon credits derived from these projects.
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.
Noble Carbon Credits is a world leader in the market for project-based carbon emission reductions offset credits, holding a roughly 25% market share of Certified Emission Reductions (CERs) issued to date under the Clean Development Mechanism (CDM) of the Kyoto Protocol to the United Nations Framework Convention on Climate Change. Noble Carbon has to date received nearly 20 million issued CERs from more than 50 CDM projects in multiple sectors and countries, and has recently launched its expansion into the United States market. Noble Carbon is part of Noble Group (SGX:NOBL), a market leader in managing the global supply chain of agricultural, industrial and energy products. Noble Group operates from over 100 offices in more than 40 countries, Serving 4000+ customers and managing a diversified portfolio of essential raw materials, integrating their sourcing, marketing, processing, financing and transportation.
PG&E Corporation is an energy-based holding company whose core business is Pacific Gas and Electric Company. Pacific Gas and Electric Company is one of the largest combined natural gas and electric utilities in the United States. Based in San Francisco, with 20,000 employees, PG&E delivers some of the nation's cleanest energy to 15 million people in northern and central California.
Verdeo Group is a carbon offset project development company that invests in and develops projects in North America. Verdeo works side-by-side with emitters to ensure that they fully benefit from the expanding financial opportunities in the carbon market. Providing an integrated solution that includes technology, expertise and capital, Verdeo aligns its interests with those of its customers to optimize the financial value derived from reducing emissions. Backed by Black River Asset Management LLC, an independent subsidiary of Cargill, and Wolfensohn & Company, the company is a leading provider of differentiated emissions reduction solutions.
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 Kyle Danish (202.298.1876, kwd@vnf.com).