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LiveNeutral Chooses Greenhouse Gas Services as Its Exclusive Carbon Offset Provider.

ARLINGTON, Va. & OTTAWA -- LiveNeutral, a North American outreach and greenhouse gas emissions offsetting organization, has selected Greenhouse Gas Services, a GE AES venture, as its exclusive supplier of carbon credits for organizations and individuals.

Greenhouse Gas Services will supply credits to LiveNeutral from a landfill gas project in New Bedford, MA. Owned and operated by New Bedford County, the project captures methane gas and uses the gas to produce electricity. An independent third party will use Greenhouse Gas Services' standard of practice to verify that each credit represents a real, additional and permanent reduction of greenhouse gases. Financial details of the transaction, including volume of offsets to be purchased by LiveNeutral, were not disclosed.

"Our partnership with Greenhouse Gas Services will give people the opportunity to offset emissions with high quality carbon credits that have been third-party verified to ensure authenticity," said Tom Baumann, CEO of ClimateCHECK and LiveNeutral, "We selected Greenhouse Gas Services as our provider of carbon offsets based on the company's high-quality, transparent standard of practice and project protocols, and its commitment to stringent due diligence."

LiveNeutral is a grassroots organization that enables individuals and organizations to calculate their emissions on-line at www.LiveNeutral.com and purchase carbon offsets. The organization has built successful carbon management campaigns with companies like DuPont, AEP and the University of Colorado.

"We are excited that LiveNeutral decided to exclusively use Greenhouse Gas Services' credits for retail customers," said Mauricio Vargas, CEO of Greenhouse Gas Services.

Greenhouse Gas Services invests in and develops projects that reduce greenhouse gas emissions. These include biogas, biomass, landfill gas and coal mine methane projects. Greenhouse Gas Services recently expanded into renewable energy and into Canada by acquiring StormFisher Ltd.

About LiveNeutral

Founded by Presidio School of Management students in 2005, and acquired in 2008 by ClimateCHECK, LiveNeutral makes it easy for individuals and organizations to reduce their greenhouse gas emissions directly through educational resources and services and through participating in innovative market-based solutions. Calculate, reduce, and offset your carbon footprint at www.LiveNeutral.com or contact us at (888) 241-8003 to learn more.

About Greenhouse Gas Services

Greenhouse Gas Services LLC, based in Arlington, Virginia, is a venture of GE Energy Financial Services and The AES Corporation. The business invests in and develops projects that reduce greenhouse gas (GHG) emissions and sells independently verified GHG credits to companies that want to meet internal emissions reduction targets or to offset greenhouse gases from products and services. Each credit is verified by an independent third party and certified by Greenhouse Gas Services to a rigorous Standard of Practice. For more information, please visit www.ghgs.com

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Publication:Business Wire
Date:Apr 6, 2010
Words:453
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