Canadian energy companies form alliance to take action on global climate change.VANCOUVER, B.C.--(BUSINESS WIRE)--June 4, 1996--An alliance of leading Canadian energy companies announces the formation of the Greenhouse Emissions Noun 1. greenhouse emission - a gas that contributes to the greenhouse effect by absorbing infrared radiation greenhouse gas CFC, chlorofluorocarbon - a fluorocarbon with chlorine; formerly used as a refrigerant and as a propellant in aerosol cans; "the Management Consortium (GEMCo). The not-for-profit company has been formed to take action on global climate change by managing carbon emissions offset projects. The founding members of the consortium include: Canadian Utilities Canadian Utilities Limited TSX: CU.NV is a member of the ATCO Group of companies. It is a Calgary, Alberta company operating businesses in power generation, utilities, logistics and energy services and technologies. It has than 5,000 employees. Limited; EPCOR; NOVA Gas Transmission; Ontario Hydro Ontario Hydro was the official name from 1974 of the Hydro-Electric Power Commission of Ontario which was established in 1906 by the provincial Power Commission Act to build transmission lines to supply municipal utilities with electricity generated by private companies ; SaskPower; TransAlta Corporation; and Westcoast Energy Inc. Newly appointed President of GEMCo, Aldyen Donnelly, sees this venture as a win-win opportunity for the environment and industry. "GEMCo is a creative and effective way to supplement companies' internal emissions reduction programs," said Donnelly. "The alliance is designed to allow flexibility for member companies to invest in joint venture offset projects identified and then managed by GEMCo." Greenhouse gas greenhouse gas n. Any of the atmospheric gases that contribute to the greenhouse effect. greenhouse gas offsets are actions or projects of a technical or biological nature that reduce, avoid or absorb greenhouse gases. Offsets can be a cost-effective, scientifically sound approach to addressing global climate change. They encourage creativity and innovation and promote local economic, social and community development. Donnelly believes that the coordination of offset investment will lead to the development of high quality emission management projects at least cost. "In addition to developing offset investment opportunities on behalf of members, GEMCo will be a source of valuable scientific and technical information," said Donnelly. "We are actively looking to expand GEMCo's membership base, and are currently investigating several potential projects to begin our offset development," concluded Donnelly. BACKGROUNDER back·ground·er n. An informal news briefing for reporters by an official often speaking off the record. Noun 1. backgrounder ------------ GREENHOUSE EMISSIONS MANAGEMENT CONSORTIUM (GEMCo) The Greenhouse Emissions Management Consortium is a not-for-profit corporation A not-for-profit corporation is a corporation created by statute, government or judicial authority that is not intended to provide a profit to the owners or members. A corporation that is organized to provide profits to its owners or members is a for-profit corporation. formed by Canadian companies This is a list of companies from Canada.
Directory: A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Current Companies to demonstrate industry leadership in developing voluntary and market-based approaches to greenhouse gas emissions management. The effort to limit these emissions has emerged as a major political and environmental challenge for the Canadian government and a pressing economic factor for Canadian industry. The following companies are founding members of GEMCo: CANADIAN UTILITIES LTD LTD 1 Laron-type dwarfism 2 Leukotriene D 3 Long-term depression, see there 4. Long-term disability . Three subsidiaries of Canadian Utilities Ltd., a member of the ATCO ATCO Air Traffic Control Officer ATCO Association of Transport Coordinating Officers (UK) ATCO Air Tanker/Fixed Wing Coordinator ATCO Aviation Transportation Coordination Office ATCO Air Taxi and Commercial Operator Group of Companies, are participating in GEMCo: Alberta Power Ltd., Northwestern Utilities Ltd. and CU Power International Ltd. Alberta Power provides electric service to customers in northern and east-central Alberta; Northwestern Utilities supplies natural gas to customers in north-central Alberta and CU Power International develops, builds and operates independent power projects in Canada and abroad. "This is an important opportunity for industry to show it is serious about climate change. GEMCo's work on carbon offsets will help Canada address its climate change commitments and is integral to our corporate action plans," said Dick Frey, president of Alberta Power. EPCOR Operates three subsidiary companies: Edmonton Power providing generation and transmission services to Alberta and distribution services to the City of Edmonton; Aqualta supplying water to Edmonton and 60 surrounding communities; and Eltec, operating a variety of commercial electrical services in Alberta. "We feel that GEMCo will serve as an important vehicle for Canadian industry to combat global climate change. We are pleased to be taking a leadership role on this initiative," said David Foy, EPCOR president and chief executive officer. NOVA GAS TRANSMISSION Is a worldwide natural gas services and petrochemicals company. It participates in the full range of natural gas services from wellhead well·head n. 1. The source of a well or stream. 2. A principal source; a fountainhead. 3. The structure built over a well. wellhead Noun 1. to burner tip, including the manufacture of major petrochemical products. The company has long held a strong focus on positive environmental performance and is a founding member of the Responsible Care program of the Canadian chemical industry. The company's membership in GEMCo is further evidence of its commitment to continuous improvement in its environmental performance through participation in industry initiated alliances such as GEMCo. ONTARIO HYDRO Is one of North America's largest electric utilities, providing electricity to its customers through a mix of nuclear, hydro-electric and fossil-fired generating facilities. "Offsets are a cost effective means to reduce net carbon dioxide carbon dioxide, chemical compound, CO2, a colorless, odorless, tasteless gas that is about one and one-half times as dense as air under ordinary conditions of temperature and pressure. emissions from the burning of fossil fuels. "We are confident that GEMCo will help mobilize the energy and utility industries in realizing the benefits of offsets, and are especially pleased that our participation is a step toward a broader national base for the partnership," said Jim Burpee
The burpee is a calisthenic exercise performed to increase strength and explosiveness. , Ontario Hydro's Fossil Business Unit general manager. SASKATCHEWAN POWER CORP. (SASKPOWER) This provincial Crown Corp. was incorporated in 1950. SaskPower's forerunner, the Saskatchewan Power Commission, dates back to 1929. Today the corporation has three wholly owned subsidiaries Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. -- SaskPower Commercial, Power Greenhouses (Shand Greenhouse) and Channel Lake Petroleum -- and assets in excess of $3 billion. "SaskPower is a strong proponent of flexible solutions for industry to help Canada meet its international commitments regarding climate change," stated President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Jack Messer. "SaskPower is one of the founding companies of GEMCo because we believe such an organization will make available a wider variety of offset investment opportunities than the corporation could develop on its own." TRANSALTA CORP. Has two principle subsidiaries: TransAlta Utilities Corp. and TransAlta Energy Corp. TransAlta Utilities conducts regulated electric utility operations in Alberta---serving more than 1.7 million people directly and indirectly in 1995. TransAlta Energy is in the business of electricity generation, thermal energy thermal energy Internal energy of a system in thermodynamic equilibrium (see thermodynamics) by virtue of its temperature. A hot body has more thermal energy than a similar cold body, but a large tub of cold water may have more thermal energy than a cup of boiling supply and electricity distribution outside of Alberta. "TransAlta recognizes greenhouse gases as a potential risk from an environmental and economic perspective and has taken the position that voluntary, precautionary action is necessary to address this issue. We believe GEMCo will play an important role in supplementing TransAlta's goal of returning its net contribution of greenhouse gases to the atmosphere to 1990 levels by 2000," said Walter Saponja, president and chief executive officer of TransAlta Corp. WESTCOAST ENERGY INC. Is one of the largest corporations in the North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. natural gas industry. Through its $9 billion integrated enterprise, Westcoast provides energy products and services to over 1.3 million customers. The company's interests include natural gas gathering and processing, pipelines, storage, distribution, energy services, power generation and international energy ventures. Westcoast Pipeline and Field Services Divisions, Union Gas Ltd., Centra Gas Inc. and Pacific Northern Gas Ltd. are members of the Westcoast group of companies that are participating in GEMCo. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Dr. Robert Falls, chairman of Westcoast Energy's Sustainable Development Sustainable development is a socio-ecological process characterized by the fulfilment of human needs while maintaining the quality of the natural environment indefinitely. The linkage between environment and development was globally recognized in 1980, when the International Union Council, "the option to integrate emission offset investment in the design of Canada's national voluntary emission management program is key. Offsets are the mechanism that will link environmental protection goals to emerging energy services." CONTACT: Greenhouse Emissions Management Consortium (GEMCo) Aldyen Donnelly, 604/691-5066 |
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