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"8 of the 11 programs in our review showed weaknesses in their current data collection and reporting systems - caused by limited, unverified, and anonymous data reporting. These systems are neither transparent nor verifiable, and are limited by anonymous reporting and use of third party industry data."

EPA Report on Voluntary Greenhouse Gas Reduction Programs

"Since 1970, energy efficiency gains have met 75% of new energy service demands in the U.S.through 2008, while energy supplies have contributed only 25%."

ACEEE

"Given the right investments in many cost-effective but underutilized energy efficiency technologies, the U.S. can cost-effectively reduce energy consumption by 25-30% or more over the next 20-25 years"

ACEEE

An EPA study said data centers account for 1.5% of all electricity consumption in the U.S. in 2006, and the number was projected to double by 2011."

EPA

"U.S. hotels spend - on average - $889 annually per available room for electricity which accounts for 58% of total utility costs."

GE Lighting

"81% of senior decision makers at large U.S. corporations surveyed said that carbon credits are now part of their green IT strategy - compared to only 18% in 2008."

Campos Research

Global carbon markets could be worth almost USD $3.1 trillion by 2020, with 67% of that traded within a U.S. emissions trading scheme alone.

Point Carbon

"Existing technologies and strategies could reduce typical server energy use by an estimated 25 percent and entire data center consumption by 40 percent."

EPA

"Server hardware is no longer the primary cost component of a data center. The purchase price of a new (1U) server has been exceeded by the capital cost of power and cooling infrastructure to support that server, and will soon be exceeded by the lifetime energy costs alone for that server."

EPA

"Data centers can be more than 40 times as energy intensive as conventional office buildings."

Lawrence Berkeley National Laboratory Study

"An idle x86 server consumes 60-74% of the power it needs when fully utilized."

UC Berkeley RAD Lab Study

"73% of senior decision makers at large U.S. corporations surveyed identified "energy efficiency" as the key aspect of a green data center."

Campos Research

"Reducing server power consumption by 30% would yield savings of 150 billion kWh, corresponding to US$15B and almost 100 million metric tons of CO2 emissions."

IDC

Voluntary carbon markets transacted an estimated 123 million tonnes of carbon dioxide equivalent valued at US$705 million in 2008, up from 66 million tonnes valued at $331 million in 2007." Ecosystem Marketplace, New Carbon Finance

"In 2007, the voluntary carbon market or over the counter market was dominated by Energy Efficiency projects, accounting for 18% of the total volume."

APX

"The average price of a voluntary carbon credit transacted on the OTC market was US$7.34/tCO2e in 2008, up 20% and 79% from 2007 and 2006 respectively."

Ecosystem Marketplace, New Carbon Finance

Environmental Credits

Neuwing is one of the nation's largest developers and marketers of Connecticut Class III REC's for energy efficiency and cogeneration.
Neuwing Energy Ventures offers complete lifecycle services for Renewable Energy Certificates and Energy Efficiency Certificates in compliance and voluntary markets. Environmental credits are rapidly evolving commodities that are used to fund renewable energy and energy efficiency project development in states with an applicable renewable portfolio standard.

Environmental credits also provide an excellent reporting mechanism for clients that have a voluntary "emission reduction / climate neutral" program. Neuwing offers in-depth knowledge of market structures and regulations, the ability to create and verify certificates, and the know-how to structure trades that capitalize on inefficiencies in the marketplace. We have also pioneered the voluntary energy efficiency certificate market and offer the capability and to retire Neuwing-certified voluntary Energy Efficiency Certificates in APX's North American Renewables Registry.




Trading Capabilities: Neuwing structures REC trades based on each client's unique risk profile. Our strategies blend at-the-market transactions with long-term future contracts.


For more information on environmental credits services, contact us today!


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