1 / 18

Corporate Profile

Collaborative Opportunities Presented by : Jim Heath and Subodh Das First Climate Group & Phinix,LLC Presented to : Aleris Lewisport, Kentucky September 2, 2009 August 31, 2009. Corporate Profile. Agenda. Overview and History of the Carbon Market

mekelle
Download Presentation

Corporate Profile

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Collaborative Opportunities Presented by : Jim Heath and Subodh DasFirst Climate Group & Phinix,LLCPresented to : AlerisLewisport, Kentucky September 2, 2009August 31, 2009 Corporate Profile

  2. Agenda • Overview and History of the Carbon Market • About First Climate ( www.firstclimate.com) • Business Lines and Services • About Phinix , LLC ( www.phinix.net ) • Technology and Consulting : Products & Services • Partnership with First Climate • The Impact of Climate Policies on Aleris • Project opportunities with Aleris • Possible Next Steps

  3. Carbon 101 – The Advent of the Carbon Market • 1992 • Ratification of the United Nations Framework Convention on Climate Change • OECD Countries agree to reduce emissions to 1990 levels by 2000 • Non-binding commitments; the treaty has no teeth • 1997 • Negotiation of the Kyoto Protocol, a legally binding treaty • Byrd-Hagel Resolution in the Senate rejects binding targets 97-0; a political warning shot • 2004 • Russia ratifies the Kyoto Protocol, making the protocol binding for signatories • 2005 • Phase I of the European Union Emissions Trading Scheme (EU-ETS) begins • 2006 • California passes “Global Warming Solutions Act” (AB32), first state to do so • 2008 • Phase II of the EU-ETS begins; Kyoto compliance period begins • 2012 • Waxman-Markey projected to take effect

  4. What’s cooking in the U.S.? • AB 32 • California law requiring reduction of emissions to 1990 levels by 2020 • Regional Greenhouse Gas Initiative (RGGI) • Northeastern trading market for power plants; reduce emissions 10% by 2020 • Western Climate Initiative (WCI) • Voluntary initiative among western states and Canadian provinces • Waxman-Markey • Legislation passed the U.S. House of Representatives in June • 17% reduction in GHG emissions from 2005 levels by 2020

  5. PHINIX, LLC Headquartered in Lexington , Kentucky Partnership with First Climate Products & Services Offered: Carbon & Energy Assessment and Management Manufacturing Processes & Products Recycling 5 5

  6. A Leading Carbon Asset Management Company • Facts and Figures • Assets under management (2008): EUR 250 million • Turnover: EUR 12 million (2007), EUR 30 million (expected in 2008) • Projects under contract in the CDM, JI and VER pipeline: ~ 30 million tons • Sales in the voluntary market to date: 3.5 million VERs • offices on 5 continents • 110+ employees • Member of the International Emissions Trading Association (IETA), the International Carbon Reduction and Offset Alliance (ICROA), the Carbon Markets and Investors Association (CMIA), and founding member of the Project Developers Forum

  7. First Climate's Core Competencies Integrated Carbon Asset Management Carbon Investment Advisory Sales & Trading CarbonAsset Development Project Finance Climate Neutral Services

  8. Carbon Asset Development Carbon Asset Development Project Finance Carbon Investment Advisory Sales & Trading Climate Neutral Services • Generating high-quality carbon credits through climate protection projects • Identify viable emission reduction projects around the globe • Assess feasibility, risk, and eligibility for CDM, JI, and VER projects • Secure funding for projects and related transaction costs • PIN, PDD, and methodology development • Assist project owners with validation, verification, CDM registration, and certification under voluntary market standards • Support implementation and monitoring of emission reduction projects • Market primary and secondary CERs, VERs, and ERUs

  9. methane avoidance hydro landfill flaring wind solar geothermal biomass forestry biogas transport energy efficiency waste to energy I fossil fuel switch waste to energy II Emission Reductions through various technologies

  10. Project Finance Carbon Asset Development Project Finance Carbon Investment Advisory Sales & Trading Climate Neutral Services • Financing emission reduction projects • Identify and assess attractive investment opportunities • Develop optimal financing solutions for emission reduction projects • Conduct project due diligence • Equity and debt financing, either through dedicated funds or partner institutions

  11. The Principle of Climate Neutrality

  12. Climate Neutral Services Calculateyour Emissions Develop an Effective, Tailor-Made Carbon Management Strategy Reducethe Avoidable Emissions and Cut Costs Offset the Unavoidable Emissions with High Quality Carbon Credits Communicate your Engagement to the Stakeholders that Matter Most

  13. Source: WBCSD/WRI Climate Neutrality: Voluntary Emissions ReductionsCalculating your footprint

  14. Building an Offset Purchasing Strategy Things to Consider: • What emissions will the offsets cover? • What is your budget and who will pay? • Can this purchase help you anticipate or comply with current or upcoming regulation? • How will you communicate this purchase (internally and externally) • Consider the importance of • Location • Technology • Co-Benefits

  15. What is a Voluntary Carbon Credit? • Represents an environmental attribute: In this case, one metric ton of carbon dioxide equivalent (tCO2e), monetized in the form of a Verified Emission Reduction (VER). • Wide-variety of project activities produce carbon credits, including Renewable Energy, but beware of double counting… • Carbon-Credit Creation Cycle: Initial Assessment Project Document Registration (Authorizing body) Verification (DOE) Implementation & Monitoring (PP) V E R S Validation (DOE) (In the case of VCS)

  16. Overview: US Offset Supply by Technology Type (2007) • Headline • Main Text • 1. Listing Level 1 • 2. Listing Level 2 • 3. Listing Level 3

  17. How Can We Work Together • Assess Aleris‘s Carbon Foot Print • Develop Strategies to Make Aleris Carbon Neutral • Selling Credits • Develop any new projects (Fuel Switching?) • Participate in any existing projects • Buying Credits • Local / In Kentucky / In the US / Globally • Public Awareness / Information Dissemination / Workshops /Speakers

  18. CONTACT INFORMATION • Dr. Subodh K . Das , FASM • CEO & Founder • Phinix , LLC • P.O. Box 11668 , Lexington , Kentucky 40577-1668 • + 1.859.619.8386 • www.phinix.netsubodhkdas@gmail.com • skdas@phinix.net • James Heath • Vice-President, Origination • First Climate LLC • Tel. +1 (415) 433.1633 x105 • Cell +1 (415) 341.7570 • E-Mail: james.heath@firstclimate.com • 333 Pine Street, 3rd Floor , San Francisco, CA 94104 • www.firstclimate.com

More Related