APX Launches GHG Transaction Registry for Carbon Standards Association.
APX Inc. today announced the launch of a greenhouse gas transaction registry and related services for the Voluntary Carbon Standard (VCS) Association, a leading international standards organization.
APX is the leading infrastructure provider for environmental and energy markets in renewable energy and greenhouse gases, including carbon commodities. Providing a bank and mint for environmental commodities, APX solutions create, track, manage, and retire renewable energy certificates (RECs), energy efficiency and conservation certificates, carbon offset credits such as verified emissions reductions (VERs), and greenhouse gas emission allowances.
The new APX VCS Registry enables the issuance, transfer, tracking, retirement and custodial services for VCS carbon credits worldwide. It also supports the VCS Association's mission to ensure quality assurance for the world's carbon markets through a global program for approval of credible voluntary carbon offsets, or Voluntary Carbon Units (VCUs).
APX is also the exclusive solution provider for the VCS Association's centralized project database that will present information on all VCS projects and issued VCUs, list relevant project-related documents, and track the status of issued VCUs.
For more information, visit www.vcsregistry.com.
"Together with other high quality carbon standards, including the Gold Standard Registry and the California Climate Action Registry (CCAR) Climate Action Reserve program, APX now provides market infrastructure for nearly two thirds of the voluntary carbon markets," said Brian Storms, chairman and CEO of APX Inc. "Our aim is to provide 'one view' across a firm's environmental asset portfolio, and we are pleased to be in a position to provide the unified approach that market participants need."
APX is a privately held company. For information, visit www.apx.com.
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|Date:||Mar 17, 2009|
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