Corporate Social Responsibility Press Release
provided by 
9.03.2008 - 12:33pm ET
News from:
Center for Resource Solutions
Green-e Climate Certifies Luminant Carbon-Offset Program
Texas–based Luminant offers certified carbon offsets from domestic renewable energy projects
(CSRwire) SAN FRANCISCO, CA. - September 3, 2008 — The Center for Resource
Solutions announced today it has certified the "Luminant GHG Renewable
Offset" product as Green-e Climate Certified. Dallas-based Luminant, a
subsidiary of Energy Future Holdings (EFH), joins the growing network of
retail greenhouse gas reduction (carbon offset) providers that offer
products certified by Green-e Climate, the nation's leading certification
and verification program for retail offsets. Luminant GHG Renewable Offset
has met or exceeded Green-e Climate's strict standards for project
verification and measurement, consumer transparency, and
truth-in-marketing claims, and will be granted the use of the Green-e
Climate Certified logo.
"We are very pleased that Luminant has certified its offset product with
Green-e Climate. It means that customers nationwide can purchase offsets
that meet the highest standards, while promoting domestic renewable
energy," said Jane Valentino, Green-e Climate analyst. "Certified offsets
are important tools for consumers who want to reduce their carbon
footprint."
Luminant's GHG Renewable Offset product is sourced from renewable energy
produced in the United States that has been certified by the Green-e
Climate Protocol for Renewable Energy, a strict protocol for determining
the eligibility of domestic renewable energy projects to provide offsets.
By purchasing Luminant GHG Renewable Offsets, customers will support
currently available renewable resources as well as aid the development of
new renewable resources to be built in the U.S.
"Luminant is excited about the prospect of offering counterparties Green-e
Climate Certified GHG offsets generated from renewable domestic sources,"
said Randall Talley, manager of environmental marketing and trading for
Luminant's wholesale marketing and trading business, Luminant Energy.
"These offsets complement Luminant's existing Green-e Energy certified
product and provides the ability to offer additional environmental
products to offset a broader scope of customer needs." For more
information on Luminant's GHG Renewable Offset product, visit www.luminant.com/about/ghgoffsets.aspx.
Green-e Climate is a consumer-protection program requiring that greenhouse
gas emission reductions be verified according to strict project-level
certifications that ensure the reductions have taken place, are permanent,
and come from projects that would not have happened under a "business as
usual" scenario. Sellers of certified offsets must provide customers with
a product content label that explains where the reductions were sourced
from, including the locations and types of projects, such as renewable
energy, forestry, and methane capture. Sellers must also undergo a yearly
audit to ensure their supply of offsets matches their sales, and comply
with Green-e Climate's consumer-disclosure and truth in advertising
requirements.
About Green-e Climate and Center for Resource Solutions
Green-e Climate is the nation's first certification program for greenhouse
gas emission reductions sold to consumers on the retail market. This
consumer-protection program strengthens the voluntary market by providing
credible oversight of and transparency to retail offset products. Green-e
Climate is a program of the Center for Resource Solutions (CRS), a San
Francisco–based nonprofit with a global impact. CRS brings forth expert
responses to climate change issues with the speed and effectiveness
necessary to provide real-time solutions. Its leadership through
collaboration and environmental innovation builds policies and
consumer-protection mechanisms in renewable energy, greenhouse gas
reductions, and energy efficiency that foster healthy and sustained growth
in national and international markets. Find out more at www.green-e.org/climate.
About Luminant
Luminant, a subsidiary of Energy Future Holdings Corp. (EFH), is a
competitive power generation business, including mining, wholesale
marketing and trading, construction and development operations. Luminant
has over 18,300 MW of generation in Texas, and is the largest purchaser of
wind-generated electricity in Texas and fifth largest in the United States.
EFH is a Dallas-based energy holding company that has a portfolio of
competitive and regulated energy subsidiaries, primarily in Texas. Visit
www.luminant.com or
www.energyfutureholdings.com
for more information.
For more information please contact:
Jeff Swenerton, Communications Director Center for Resource Solutions 415-561-2119 www.resource-solutions.org
www.resource-solutions.org
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