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Green-e Climate Certifies Luminant Carbon-Offset Program

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Corporate Social Responsibility Press Release

provided by CSRwire

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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.

CSRwire

For more information please contact:

Jeff Swenerton, Communications Director
Center for Resource Solutions
415-561-2119
www.resource-solutions.org

www.resource-solutions.org

CSRwire

News Categories: Renewable/Alternative Energy and Clean Technology

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