| The Greenhouse Gas
Exchange (GHGx) is a global, open-platform, transparent,
real-time, online, standards-based platform for trading
Greenhouse Gas Credits based on trading models developed by Argead Corporation. The GHGx Team understand the global
environmental business, economics, technology and real-time
trading. In addition, GHGx has assembled an international
group of partners to provide the specialized services
and knowledge required for global expansion.
The first question you may ask is "Why
was GHGx - the Greenhouse Gas Exchange - developed?"
The
Kyoto Protocol provides a mechanism for the creation
of GHG credits and debits based on limits negotiated
for each Annex 1 signatory country to the Kyoto Protocol.
National registrars authenticate the amount of credit
or debit requiring the purchase of credits to expunge
the debit.
If there is no easy mechanism to trade
(exchange) credits for monetary gain, then the value
of the incentive to entities that reduce or offset GHG
emissions will have considerably less impact, and the
incentive to emitters over and above allowable limits
will be reduced.
To produce the maximum amount of benefit
to the global environment, a clear, transparent and
balanced mechanism, such as a multi-currency, multi-lingual
exchange, is required to provide GHG Credit Holders
and GHG Debit Holders with an intuitive trade venue.
The GHGx global emissions trading system
fills this requirement and more.
The success of the Internet and World
Wide Web was due to the confluence of two distinct streams
of activity: computing and networking. Starting with
the first mainframe computer (ENIAC) in the 1940's computing
power progressed until inexpensive high speed computing
was on personal desktops. From the first paper on packet-switching
theory in 1961 to the commissioning of ARPANET and the
adoption of the WWW convention in 1991 networking progressed
at ever increasing rates. Networking and high-power
computing met at the Internet at a place called the
World Wide Web.
The Internet is only an enabling mechanism.
By itself it does nothing. It needs an interface such
as an email client or a web browser. The invention of
the web browser allowed for the search, discovery and
retrevial of information. The GHGx management team believe
that the Kyoto Protocol is an enabling mechanism. It
provides the legal framework for the development and
trading of emission credits. It needs and interface.
That interface is GHGx. GHGx provides the ability to
search, discover and retreive GHG emission credit pricing
and to act on this information.
We think of the Kyoto Protocol as "The
Environmental Internet". It is a way for environmental
information to be communicated via the pricing of emission
credits - and more. Eventually it will be a model for
all processes to include the total cost of production
and service by including the cost to the environment.
The environment has now met computer networking and
computing power on the Internet at a place called GHGx.
The GHGx team has developed not only
a best-of-breed emissions trading exchange, but they
have also developed a Kyoto Standardized Emissions Registry
to assist countries that have not developed their own
emissions registry. The GHGx Emissions Trading Exchange
will interlink with any national registry, using standards
based technologies and applying secure, encrypted, real-time
data exchange.
By
providing a best-of-breed emissions trading mechanism,
new industries, products and services will be developed
in Canada and other GHG trading counties, and exported
globally, to assist GHG emitters in trading their GHG
credits.
The trading platform will encourage
the development of GHG mitigating technologies, which
will create further demand for those countries that
are able to provide this technology and know-how. These
exports will drive further economic growth in Kyoto
Annex 1 Signatory Countries and provide stable, long-term
employment in well paying, 'green' occupations.
GHGx will foster 'Sustainable Economic
Development' by assisting new technologies and industries
to develop that are environmentally sustainable, provide
long-term quality employment and add to economic growth
and prosperity.
Accordingly, the GHGx team has developed
the concept of citizens, corporations, organizations
and individuals as GreenKeepers, and
their activities as Greenkeeping. This
term is applied to those actions that are in defence
of the global environment: keeping the air and water
clean; the food healthy to eat; and the earth's natural
ecosystems, flora, fauna and weather as unaffected by
human activity as possible for the benefit of future
generations.
The Canadian government successfully
negotiated the Montreal Protocol, which created a
trading model for Sulphur Dioxide (SO2) and Nitrous
Oxide (N2O). Out of the Montreal Protocol grew the
Rio Protocol and finally the Kyoto Protocol. Canada
and similar peacekeeping, humanitarian countries have
many shared perspectives on environmental issues and
how to achieve these goals. The GHGx mechanism provides
a platform to show by example that fiscal, social
and environmentally balanced policies are achievable
through transparent and open market mechanisms.
Through the GHGx trading mechanism,
Kyoto Annex 1 Signatory Countries have the opportunity
to export and proliferate the global benefits of the
Kyoto Model to countries of all sizes, economies and
statures on an equal basis. Those countries that trade
first will see the benefits first.
The solution is now. The opportunity
is now. The time is now.
What better legacy to leave for future
generations?
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GHGx Corporation - Greenhouse Gas Exchange
Global Emissions Trading for a Brighter Future
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