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October 13, 2007 – Vol. 12 No.29 3Degrees: Spin-off and Re-branding Strengthens Position in Climate Solutions. The company offers expertise in helping businesses limit carbon footprints by providing renewable energy certificates (REC), verified emission reductions (VER), utility green pricing programs. The new brand identity to reflect this includes a new name, tagline, logo, messaging and website. 3Degrees has helped dozens of global brands to participate in voluntary carbon markets as part of broader greenhouse gas (GHG) strategies and is a provider to 10 of the top 25 purchasers among EPA Green Power Partners. The company has provided climate solutions to more than 150 US and international business customers such as NetJets, Shaklee Corporation, Starbucks and utility company AmerenUE in its green power program. 3Degrees offers customers turnkey climate solutions that are globally sourced from more than 140 projects. Projects are selected through an in-depth due diligence process and are third-party verified against transparent multi-stakeholder standards. This process ensures that 3Degrees solutions represent real, enforceable and permanent GHG emission reductions. The company customizes solutions to meet its customers’ business objectives and preferences for price, type, location of generation, GHG offset value and social co-benefits. The company sources RECs and VERs from select suppliers that adhere to the highest public verification protocols including the Clean Development Mechanism (CDM), the Gold Standard, Voluntary Carbon Standards (VCS), and California Climate Action Registry (CCAR). 3Degrees’ RECs supply options include utility-scale wind, wood biomass, agricultural biomass, landfill gas, geothermal, biogas, eligible low-impact hydropower, distributed small wind and solar photovoltaic. The company’s current VER supply comes largely from four project types: agricultural methane, international wind, coal mine methane and sustainable forestry. The supply sources are global, including Brazil, China, India, New Zealand, Mexico and the US 3Degrees is a reference to an increase of three degrees Celsius in the Earth’s temperature, which a number of studies indicate may be a particularly dangerous threshold for climate change. The company formerly operated as a division of 3 Phases Energy Services. (10/10/07)
Links: 3Degrees EPA Green Power Partners
Disclaimer, Forward-Looking or Safe Harbor Statement on original press release: No
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