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GHGx Corporation >> Greenhouse Gas Exchange

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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