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Many Kyoto countries are mandated to reduce carbon emissions, and US companies are becoming highly active in the carbon market, both for environmental and business reasons. In fact, the global carbon market soared 84 percent in 2008 to $118 billion, and could reach $150 billion this year, according to New Carbon Finance. The volume of carbon traded grew to 4 billion tonnes, a 42% increase over 2007.
With the plethora of green projects in the market today, developers are seizing the opportunity to tap into a new revenue stream: selling carbon emissions credits generated from their emissions reduction projects. And buyers are becoming plentiful, as states like California move towards capping carbon emissions, and carbon producing companies are scooping up credits to meet future compliance objectives and avoid penalties.
For sellers, the World Energy Green Exchange helps you monetize your assets, by ensuring that you get a competitive price for your carbon credits. Our exchange provides access to motivated buyers in both the US and global markets — along with the price transparency that ensures they'll bid aggressively to secure the credits they need.
For buyers, the World Green Exchange makes it easy to acquire the carbon credits needed to stay below mandated carbon emissions caps, while delivering secure access to carbon emissions credits, reducing risks associated with fraud. Looking to become carbon neutral? The World Green Exchange is your trusted resource for the carbon offsets you require.
The benefits of trading carbon emissions credits on the World Green Exchange are clear:
- Consistently ensure competitive pricing for carbon emissions credits
- Effectively offset carbon emissions to avoid fines and penalties
- Proactively satisfy customer appeal for green products
- Safely meet compliance requirements for emissions caps
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