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Green-e Approves First Broker of Certified Green Tags

ARCHIVED 2002–2016: Originally distributed via the eWire press wire service. Preserved as historical record.

Green-e Approves First Broker of Certified Green Tags

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FOR IMMEDIATE RELEASE

Green-e Approves First Broker of Certified Green Tags

Largest Emissions Brokerage Firm Now Offering Green-e Certified

Tradable Renewable Certificates to Wholesale Market

CALIFORNIA, SAN FRANCISCO, Apr. 3 -/E-Wire/-- The Green-e Program of the Center for Resource Solutions announced today that Evolution Markets LLC has been approved to transact Green-e® certified Tradable Renewable Certificates (TRCs). Evolution Markets is the first broker to obtain approval to source and package TRCs for Green-e certification. The agreement will enable Evolution Markets to offer certified renewable certificate products to the wholesale market on a regional and national basis.

Eligible generators who transact through Evolution Markets will be able to sell their renewable certificates in the market for Green-e products, thereby enhancing the value of the certificates and expanding the markets available to them.

"This is a new way for green power marketers and wholesale buyers to source their TRCs with the convenience of the Green-e logo and quality assurance built in," said Gabe Petlin, Green-e Program Manager. "Evolution Markets is offering a valuable service to both renewable generators and marketers of Green-e certified products."

Since 1997, Green-e has been a nationally recognized voluntary certification and verification program helping consumers identify superior renewable energy products sold in competitive retail electricity markets, regulated markets, and nationwide through Tradable Renewable Certificates (TRCs). To earn Green-e certification, TRC products must originate from 100% new renewable facilities that generate energy from the sun, the wind, the heat of the Earth, low-impact hydropower, biogas, or biofuels. Providers of certified products undergo an annual verification process audit to document that the company purchased the quantity and type of renewable certificates needed to meet customer demand and consistent with marketing claims.

"We are very pleased to be the first broker to serve the wholesale market with Green-e certified TRCs," said Andrew Ertel, president and CEO of Evolution Markets. "The markets for renewables have shown tremendous growth, but some would-be market participants still encounter barriers. As brokers, our role is to facilitate transactions and improve liquidity. Evolution Markets' ability to offer Green-e certified TRCs from a variety of eligible generation sources to customers nationwide is an important step for the development of renewable energy markets." About Green-e

Since 1997, Green-e has been a nationally recognized, voluntary certification and verification program for renewable energy products sold in competitive and regulated electricity markets, and nationwide through Tradable Renewable Certificates (TRCs). Certified products may display the Green-e logo, which helps customers easily identify environmentally preferable, renewable-based energy products. www.green-e.org

About Center for Resource Solutions

Green-e is a program of the Center for Resource Solutions (CRS), a national nonprofit organization that encourages sustainable growth and promotes the use of renewable energy. To learn more about CRS, visit its website www.resource-solutions.org

About Evolution Markets LLC

Evolution Markets LLC is the largest emissions and OTC coal brokerage firm in the world. Formed in 2000, the company structures transactions in the environmental credit, renewable energy, weather derivative, and over the counter (OTC) coal markets. Evolution Markets personnel are pioneers in energy and environmental markets having facilitated the first trades in SO2 allowances, NOx allowances, ERCs in several states, greenhouse gas emissions, weather derivatives, and OTC coal trades. The company specializes in carbon finance, and the greenhouse gas brokerage and advisory team has closed some of the most important domestic and international GHG transactions, including the first trade under the Kyoto Protocol's emissions trading program. www.evomarkets.com

Center for Resource Solutions

CRS Communication Director,

[REDACTED-EMAIL]

http://http://www.resource-solutions.org

http://http:///www.green-e.org

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