| 
Emission Credits are created under
the Kyoto Protocol through the reduction of emissions
by an existing emitter or by processes that offset potential
emissions. They are the practical application of humanity's
desire to create an economic model that rewards the
developers of clean sources of energy and penalizes
those who create emissions that contribute to rapid
climate change.
The Kyoto Protocol became international
law on February 16, 2005 and its effects are beginning
to be felt around the World, and will continue over
the next 7 years and beyond. Slow implementations of
national registries, National Allocation Plans, and
many other mechanisms by national governments is changing,
and the Kyoto Protocol has begun to develop a momentum
all its own.
Greenhouse Gas Emissions are a standardized,
global commodity, and Emission Credits are rapidly becoming
a global currency. Emission credits only exist as an
electronic certificate in a registry. Before GHGx, only
a few web-based postings of price were available, or
an 'open-cry,' bilateral exchange was conducted. As
the graphic above illustrates, we have taken a major
leap forward by harnessing the power of the Internet
to create a global, online, real-time exchange available
to trade greenhouse gas emission credits 24/7/365.
A recent report from KWI Consultants
& Engineers stated:
Core to the growth of a successful
global emissions trading market is the ability to
ascribe values to the different stages of energy production
the energy value chain. The importance of the
value chain is that the worth of the different energy
products can be optimized against the market.
In very simplistic terms the
energy value chain is the process by which the primary
natural energy sources such as oil, gas and coal are
explored and refined to produce the energy products
required by industry and consumers. A by-product of
this process is emissions.
If you look at the development
of trade in energy products from oil through to emissions,
it becomes clear that the evolution of the market
in emissions is the final stage in a cycle that began
with oil being traded at a global level, followed
by the creation of local markets in gas and even more
localized markets in electricity through to the new
global market in emissions.
GHGx is the solution to the challenges
of the global emissions market.
______________________________________________________
GHGx Corporation - Greenhouse Gas Exchange
Global Emissions Trading for a Brighter Future
|