EcoSecurities, one of the world's leading companies in the
business of sourcing, developing and trading carbon offsets from
greenhouse gas emission reduction projects, announces its acquisition
of the business of Trexler Climate + Energy Services, Inc. ("TC+ES"),
an internationally recognized leader in the emerging field of climate
change risk management, specializing in climate change mitigation
policies, technologies, and projects. TC+ES will be combined with
EcoSecurities consulting division to form EcoSecurities Global
Consulting Services and enhance the Group's capacity to expand its
activities in the US market.
TC+ES was founded in 1991 as Trexler and Associates by Dr. Mark C.
Trexler. Dr. Trexler founded the firm after several years at the World
Resources Institute in Washington, DC., where he developed some of the
first carbon offset projects in the world. Today, TC+ES, based in
Portland, Oregon, has more than 15 years of experience in the field,
and has worked with numerous companies in the United States, Japan,
and Canada, such as Southern California Edison, Tokyo Electric Power,
and TransAlta. TC+ES has amassed unparalleled knowledge on how
companies can most credibly and cost-effectively position themselves
for a carbon constrained world. TC+ES has helped numerous companies
gain competitive advantage through early action climate change
mitigation efforts, and has played a leading advocacy role in ensuring
the design of credible voluntary carbon markets in the United States.
EcoSecurities, which has been operating in the greenhouse gas
mitigation and carbon trading sector worldwide since 1997, will merge
its award-winning consulting division with TC+ES to establish
EcoSecurities Global Consulting Services. The combined group will play
a leadership role in the global expansion of EcoSecurities operations
internationally and into the expanding carbon markets of the United
States.
Bruce Usher, CEO of EcoSecurities, based in New York, announced
that "This partnership is highly strategic to EcoSecurities' expansion
in the market for consulting and project development services in the
United States and the rest of the world. Dr. Trexler has been a key
figure in the founding and development of the overall field of climate
change mitigation strategies both in the United States and beyond. We
are delighted to welcome the TC+ES team to form EcoSecurities Global
Consulting Services and look forward to continue being at the
cutting-edge of the market as it expands in the United States and
internationally."
Dr Mark C. Trexler, President of Trexler Climate + Energy Services
and new Director of EcoSecurities Global Consulting Services, added
that "We're very excited about becoming part of EcoSecurities. With
the climate change issue gaining momentum in the United States, this
will give us the platform and global network we need to stay at the
head of this field. The combined forces of EcoSecurities and TC+ES
will result in a strong market leader."
Editor's Notes:
About EcoSecurities:
EcoSecurities is one of the world's leading companies in the
business of originating, developing and trading carbon offsets.
EcoSecurities has experience of developing carbon offset projects
in the areas of renewable energy, agriculture and urban waste
management, industrial efficiency, and forestry. EcoSecurities has
been involved in some of the biggest milestones in the history of the
international carbon market, including the first Kyoto project to be
registered by the UN and the first project to receive Certified
Emission Reductions (CERs). In 2006, EcoSecurities was voted 'Best
Project Developer' by both Point Carbon and Environmental Finance
Magazine.
With a network of offices and representatives in over 20 countries
on five continents, EcoSecurities has amassed one of the industry's
largest and most diversified portfolios of carbon projects. Today, the
company is working on 374 projects in 36 countries using 18 different
technologies, with the potential to generate more than 163 million
offsets. In the United States, EcoSecurities has offices in Los
Angeles and New York and representatives in Portland and San
Francisco.
Utilizing its highly diversified carbon offset portfolio,
EcoSecurities is able to structure carbon offset transactions to fit
each buyer's needs, and has executed transactions with both private
and public sector buyers in Europe, North America and Japan.
With our wide range of expertise and broad insight into the
international carbon market, EcoSecurities also has one of the largest
dedicated advisory teams in the world relating to greenhouse gas
accounting, climate neutral services and emission mitigation projects.
Our experience in this area has been widely recognized, as evidenced
by having been voted "Leading Greenhouse Gas Advisory Firm Worldwide"
by readers of 'Environmental Finance' magazine for the sixth year in a
row (2001-2006).
EcoSecurities Group plc is listed on the London Stock Exchange AIM
(ticker ECO.L). Additional information is available at
www.ecosecurities.com.
About Trexler Climate Change + Energy Services
Trexler Climate + Energy Services, Inc. (Trexler) is
internationally known as one of the first firms in the climate change
field and as a provider of high-quality information and reliable
consulting services. Trexler has worked primarily in the
private-sector GHG risk-management market, and has actively supported
voluntary mitigation efforts at the corporate as well as state and
local levels, the development of "climate friendly" consumer markets,
the identification and development of cost-effective GHG mitigation
projects, and the design of credible emissions trading programs.
Trexler provides a wide range of climate-related services, from
corporate inventory support to mitigation investment due diligence.
Trexler is an approved technical services provider for the California
Climate Action Registry, and has worked with clients from operational
to CEO levels, in capacities ranging from outside expert to task force
support to regulatory expert witness. The company has a range of
analytical tools and databases used to support corporate strategic
planning, forecast GHG market outcomes, develop tailored reports for
clients, and analyze GHG mitigation projects. The firm also has a
standard array of other consulting products. Trexler has provided
cutting-edge policy development support in several areas, including
forestry and climate change, early action crediting, project-based
emissions trading systems, and state and local climate change policies
and measures.
Trexler's expertise also includes sustainable development, power
plant siting, energy efficiency, renewable energy, national and
international environmental law and policy, energy research and
development, water law, and environmental product development
including green branding.
