Press Room

NYSE Sustainable Investment Meeting Reduces Carbon Pollution with Renewable Energy & Carbon Offsets

Renewable Choice Energy among Featured Attendees

BOULDER, CO. (August 18, 2009) — Renewable Choice Energy, a leading national provider of clean technology solutions for businesses ranging from greenhouse gas inventory services to energy efficiency products to renewable energy credits (RECs) and carbon offsets, will join a select number of sustainability industry leaders at the New York Stock Exchange today.

The Sustainable Investment Initiative Meeting is being presented by The Capital Markets Partnership and Market Transformation to Sustainability, with the US Conference of Mayors and JP Morgan Chase among the sponsors, and will include industry leaders in sectors ranging from sustainable investment to clean technology development to green building. Key elements of the meeting include the announcement of several green building and sustainable investment products, the release of “Capital Markets Briefing Paper: Business Case for Commercializing Sustainable Investment”, and the announcement of Green Convertible Securities (GCS) underwriting for manufacturers & retailers.

Renewable Choice Energy CEO Quayle Hodek will be among the guests presenting at the adjacent press conference and Renewable Choice is providing Green-e Energy^® certified renewable energy credits (RECs) and carbon offsets verified by the American Carbon Registry for the meeting. Renewable Choice is supplying RECs and carbon offsets to cover 200% of the expected emissions associated with event electricity and attendee travel to have an even bigger impact than a common 100% event offset provides. This is helping to avoid approximately 76,835 pounds of carbon dioxide pollution which has a positive impact similar to planting 316 fully mature trees or removing six average passenger cars from the road for one year.
 
“The premise of this meeting is to emphasize the need to reduce our greater environmental impact and fight climate change through investment in clean energy, green buildings and certified sustainable products. It only makes sense that the meeting itself take measures to go beyond offsetting and actually reduce climate pollution,” said Mike Italiano, Capital Markets Partnership President & CEO. “Renewable Choice has helped shape an important movement among our nation’s businesses to help fund renewable energy and carbon reduction technologies with RECs and offsets. We’re glad to be working with them and to have them in attendance.”

Renewable Choice helps companies measure, understand and reduce their environmental impact. To meet growing national demand for greenhouse gas accountability and energy efficiency solutions, the company recently launched a robust greenhouse gas inventory service and provides a range of energy efficiency solutions to reduce emissions and costs. By tying together energy efficiency and renewable energy, Renewable Choice helps shorten payback periods and provide the best economical sustainability solutions for its customers. In addition, Renewable Choice provides its commercial clients with robust marketing support to help communicate environmental initiatives, including renewable energy purchases, and engage customers, employees, and other stakeholders with an emphasis on education.

“We’ve seen the market for renewable energy credits and carbon offsets grow exponentially in recent years which has contributed to record growth in wind power and other renewables,” said Quayle Hodek, CEO of Renewable Choice Energy. “Firms like Capital Markets Partnership who choose to reduce carbon dioxide pollution associated with events by supporting renewable energy and carbon reduction in this way are really leading the way for a more sustainable future. We’re proud to be included in the event and to further educate the business and consumer sectors on the importance of helping fund new clean energy development.”

Renewable Choice Energy
Renewable Choice Energy (http://www.reneawblechoice.com) is a leading national provider of renewable energy credits (RECs) and verified emission reductions (VERs) (carbon offsets) to hundreds of Fortune 500 Companies and small businesses, thousands of residential customers, and nearly 1,000 LEED green building projects in the U.S. Founded in 2001, Boulder-Colo.-based Renewable Choice and its clients have received prestigious awards from the EPA and DOE for supporting and expanding the renewable energy market and have been featured in hundreds of media outlets including The New York Times, Wall Street Journal, CNN, USA TODAY, and more. (http://www.renewablechoice.com/business)

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CONTACT:
Heather Philipp
Media and Communications Director
Renewable Choice Energy
303.551.7606 or Email Media