The revised and updated second edition of Voluntary Carbon Markets is edited byRicardo Bayon a co-founder of EKO Asset
The revised and updated second edition of Voluntary Carbon Markets is edited byRicardo Bayon (a co-founder of EKO Asset Management Partners), Amanda Hawn (aManager of Advisory services at New Forests) and Katherine Hamilton (ManagingDirector of Ecosystem Marketplace). The U.S., however, remained the largest sourceof voluntary carbon credits of any country, supplying 28% of the OTC market, aswell as the largest source of demand, at 39%. Corporate social responsibility and public relations benefits remained the mostpopular customer motivations for buying voluntary offsets, according to creditsellers, and the most popular sources of carbon offsets were renewable energyprojects, supplying more than 50% of the total volume of credits transacted in2008. & Eastern Europe declined sharplyfrom 13% in 2007 to 1% in 2008. CCX market value quadrupled in 2008, from $72 million in 2007 to $307million in 2008, while OTC market value grew an estimated 52%, from $262 millionin 2007 to $397 million in 2008 Credits originating from projects in the E.U. The volume in the CCX market tripled to 69.2 million tonnes of carbon credits,whereas volume in the OTC market only increased by 26% to 54 million tonnes in2008.
“Over the past three years, we have witnessed this market grow rapidly in volumeand maturity. The 2008 markets saw further establishment of offset standards andthe initial integration of registries, while continuing to serve as anincubation space for project types not currently accepted in the Kyoto markets,”said Katherine Hamilton, Managing Director of Ecosystem Marketplace, coauthor ofthe report and editor of Voluntary Carbon Markets. Consistent with the trend in 2007, thisrepresents more than twice the aggregate 2008 growth rate of the regulatedcarbon markets across the globe. The average price for voluntary offset creditsincreased 20% to $7.34/tCO2e.
The voluntary carbon markets doubled in both transaction volume and value in2008 according to the report Fortifying the Foundation: State of the VoluntaryCarbon Markets 2009, released Wednesday. May 21 (Reuters) – Following are terms and conditions of a bond priced on Thursday. Borrower Electricite De France (EDF)(EDF.PA) Issue Amount 1.5 billion sterling. LONDON–(Business Wire)–A new report from Ecosystem Marketplace (the organization behind the newEarthscan bookVoluntary Carbon Markets) and New Carbon Finance confirms that 123million tonnes of carbon credits valued at US$705 million were transacted in thevoluntary carbon markets in 2008. 71; creditworthiness of suppliers,customers and other contractual parties; the higher degree of risk associatedwith the Company’s nonregulated business compared with the Company’s regulatedutility business; and other risk factors listed in the reports filed by theCompany with the Securities and Exchange Commission including Risk Factors andExhibit 99.01 to the Company’s Form 10-K for the year ended December 31, 2008.SOURCEOGE Energy Corp.Brian Alford, +1-405-553-3187, or Financial, Todd Tidwell, +1-405-553-3966,both of OGE Energy Corp..
Board of Directors declared a regularquarterly dividend of $0.355 per common share of stock, to be paid July 30,2009 to shareowners of record on July 10, 2008.The dividend was unchangedfrom the previous quarter.OGE Energy is the parent company of Oklahoma Gas and Electric Company (OG&E),which serves more than 772,000 customers in a service territory spanning30,000 square miles in Oklahoma and western Arkansas, and of Enogex LLC, amidstream natural gas pipeline business with principal operations in Oklahoma.Some of the matters discussed in this news release may contain forward-lookingstatements that are subject to certain risks, uncertainties and assumptions. Lorenz, retired partner of the Arthur Andersen accountingfirm, was re-elected.He has been a director of OGE Energy and ofOG&E since July 2005.OGE Energy shareowners also considered a shareowner proposal requesting thatthe Board of Directors take the steps necessary to eliminate classification ofterms of Board members to require that all Directors stand for electionannually.The proposal received a majority of the votes cast, but less than amajority of the outstanding shares and less than the 80 percent of theoutstanding shares required by the company’s articles and by-laws to changethe classified makeup of the Board.Also today, the OGE Energy Corp. Hehas been a director of OGE Energy and of OG&E since December 1996.–Robert O. Groendyke, chairman and CEO of Groendyke Transport Inc., wasre-elected.He has been a director of OGE Energy and of OG&E sinceJanuary 2003.–Robert Kelley, president of Kellco Investments Inc., was re-elected.

