Steuben County, NY
Environmental Capital LLC, a municipal financial advisory firm, announced today the placement of approximately 400,000 of Verified Emission Reductions ("VERS") of current and future vintages generated from a New York State landfill methane capture and destruction project owned and operated by the Steuben County NY. Environmental Capital LLC advised Steuben County on the development, structure and placement of the VERs. The VERs are registered on the American Carbon Registry (formally the GHG Registry). Google Inc was the primary purchaser of the VERs. The purchase of the VERs allowed the firm to reach its carbon neutral goals and support environmental-friendly efforts, said Alice Ryan, Google's Green Energy Project Manager.
About Environmental Capital LLC
Environmental Capital LLC was founded in 1990 to assist communities in obtaining financing for environmentally oriented projects primarily in the areas of solid waste and wastewater. Since that time, the firm has expanded to provide financial advice to municipal entities who are actively engaged in developing carbon credit assets. Environmental Capital LLC advises clients on a full range of carbon credit services from determining project eligibility for potential carbon finance through the final asset placement. Environmental Capital LLC has placed over 1.5 million tonnes to date and is in the process of developing greenhouse gas emission reduction projects from a variety of municipal infrastructure operations.
About Steuben County NY
Steuben County is a rural county in the Finger Lakes region of upstate New York. In 2004 the Public Works Department constructed cell one of a four cell expansion as the County landfill. The County voluntarily installed a gas collection and destruction system to reduce greenhouse gas emissions from the landfill. Please click on the following link to learn more about Steuben County. http://steubencony.org/welcome.html
About the American Carbon Registry
The American Carbon Registry™, a leading non-profit U.S. carbon market registry, is one of the largest and most respected online carbon registries in the U.S. voluntary and pre-compliance markets. In 1996, market-oriented environmental experts at the Environmental Defense Fund founded the Environmental Resources Trust (ERT) and launched the GHG Registry, now known as the American Carbon Registry. The American Carbon Registry and ERT joined Winrock International in 2007, expanding the Winrock team of climate change, forestry, clean energy, agriculture, and carbon market experts. For more information, please visit www.americancarbonregistry.org.