| Sourced From MarketWatch |
CLEVELAND, Nov 19, 2008 (BUSINESS WIRE) — BPI Energy Holdings, Inc. (NYSE Alternext US: BPG), an independent energy company engaged in the exploration, production and commercial sale of coalbed methane (CBM) in the Illinois Basin, today announced that it has signed an agreement for the development, verification, registration and marketing of greenhouse gas emission reduction benefits (ERBs) with Blue Source, LLC, an aggregator and marketer of carbon credits. Continue
Posted on December 7, 2008
· in USA
Goldman Sachs has become the latest investment bank to buy its way into the carbon offset market, shelling out an undisclosed sum for an equity stake in US offsetting specialist Blue Source.
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Posted on October 27, 2008
· in Top Stories, USA
New York based Och-Ziff Capital Management is going to invest a whopping $500 million in carbon infrastructure projects. The initiative involves a partnership with Blue Source LLC – a reputed climate change portfolio of greenhouse gas emission credits along with carbon capture and sequestration (CCS) projects. The hedge fund has also reportedly taken a ten per cent stake in Blue Source.
A major chunk of the funds will go towards the development of carbon and methane capture technologies. In particular, special emphasis will be laid on a project that Blue Source is currently working on, that is, establishing a “carbon highway” – a network of pipelines running across North America that will capture, transport and safely bury harmful greenhouse gas emissions.
Investments will also be undertaken to increase energy efficiency and reduce carbon and other emissions engendered by the production of power, fertilizer and natural gas, coal mining and waste water treatment.
Posted on August 22, 2008
· in Carbon Market News
