Company joins Chicago Climate Exchange and announces sequestration partnership with American Forests to support new initiative

Green Mountain Energy Company has launched eMission Solutions, a portfolio of carbon reduction services for commercial and institutional sector clients looking to improve their environmental position. eMission Solutions includes a wide range of carbon reduction products and services including Renewable Energy Credits (RECs), forest sequestration projects, LEED consulting, and other carbon reduction strategies. These products will allow companies to reduce their carbon footprint and offset the carbon emissions associated with business activities like transportation, production, electricity usage, and employee commuting and air travel.

“With climate change, high energy costs, environmental concerns and increased focus on sustainable business practices by institutional investors, customers and other stakeholders at the forefront of today’s global mind-set, businesses are increasingly looking for ways to reduce their impact on the environment,” said Gillan Taddune, chief environmental officer for Green Mountain Energy Company and head of the eMission Solutions division. “Our experience and relationships put us in a unique position to offer carbon management solutions designed for next generation businesses.”

In support of this new initiative, Green Mountain Energy Company has recently joined the Chicago Climate Exchange (CCX), a voluntary, multi-sector market for reducing and trading greenhouse gas (GHG) emissions. CCX represents the first legally-binding commitment by a cross-section of North American corporations, municipalities and other institutions to establish a rules-based market for reducing all six greenhouse gases. CCX enables members to receive credit for reductions, and to buy and sell credits to determine the most cost-effective means of achieving emission reductions.

In addition, Green Mountain Energy Company is expanding its ongoing partnership with American Forests to offer customers the opportunity to reduce their carbon footprint through supporting forest sequestration projects. Forests are an important part of climate change solutions because of their capacity to store, or “sequester” carbon.