Clients to have access to wider range of carbon finance services
LONDON, March 13 /CNW/ - CO2e.com LLC (CO2e), a leading climate change
specialist and Cantor Environmental Brokerage, one of the longest serving
emissions brokerages in the world, announced today that they are joining
forces to create CantorCO2e.
CantorCO2e has been formed as a leading global provider of financial
services to the world's environmental and energy markets, offering finance,
consultancy, technology and transaction services to clients engaged in using
energy and managing emissions across the world.
The two businesses have come together to meet the challenge and
opportunity of increasing integration in the world's environmental and energy
markets. Global clients in the fast growing carbon trading and biofuels
markets which CantorCO2e will service, are demanding a seamless approach from
Cantor Environmental Brokerage, established by Carlton Bartels in 1992,
was one of the first emissions brokerages in the world to create liquidity in
the fledgling environmental markets in the USA - the world's first
environmental markets. (Carlton was a visionary in environmental issues who
was sadly killed in 2001.) Josh Margolis joined Carlton in 1995 and has been
running Cantor Environmental Brokerage's North American operations since then.
CO2e.com was formed in 2000 by Carlton and Steve Drummond to address the
prospect of global greenhouse gas emissions trading created by the signature
of the Kyoto Protocol in 1997. CO2e.com rapidly formed a strong reputation
world-wide as a leading broker and adviser in greenhouse gas emissions
trading. In 2002, CO2e.com LLC joined with Mitsui & Co. to expand its services
in Asia and the business continues to grow, the latest addition being the
opening of three offices in India in late 2006.
The joining of two experienced teams means that CantorCO2e starts with an
enviable pedigree. The combined business has been a leader in environmental
markets for the last fifteen years and to date, has facilitated transactions
valued at more than $10 billion. CantorCO2e has fourteen offices on five
continents and will be jointly led by Steve Drummond (in London) and Josh
Margolis (in San Francisco).
Steve Drummond, Managing Director of CantorCO2e said, "The launch of
CantorCO2e reflects the increasing importance of the environment as central to
the allocation of capital and resources globally. We are delighted to be able
to bring our clients around the world better access to the US markets and to
bring new energy to the marketplace."
Josh Margolis, Managing Director of CantorCO2e added, "We will be able to
bring our legacy and broad experience of the US markets to our global team as
we look to develop new opportunities. Whether building a carbon portfolio or
reducing your carbon footprint, business will be able to benefit from
CantorCO2e's global yet local expertise."
CantorCO2e is a leading global provider of financial services to the
world's environmental and energy markets, offering finance, consultancy,
advice, technology and transaction services to clients engaged in using energy
and managing emissions across the world. We are headquartered in London and
San Francisco and have fourteen offices across five continents. This global
yet local presence across the world, together with the unique experience of
our staff, enables us to provide a level of service that few can match.
CantorCO2e helps people and corporations across the world to manage the
financial aspects of their energy and environmental choices. In North America
and Europe, this means providing brokerage services to the energy and
environmental commodity markets. Elsewhere, this means bringing expertise,
finance and technology to projects that reduce emissions.
CantorCO2e serves all of the world's principal emissions markets,
including the Kyoto markets (CDM, JI and European emissions trading), the US
compliance markets, and the voluntary carbon market. We help entities transact
via electronic trading screens, recorded telephone lines, auctions and
negotiated contracts. As well as emissions, we broker traditional energy
products, and 'new' energy, such as renewable energy, ethanol and biodiesel.
We advise equity investment funds on carbon finance, introduce investors to
projects, and structure forward sales to enable project developers to fund
their investments. We help 'clean-tech' technology developers to manage their
intellectual property, to develop their licensing strategies, and to roll out
their technologies through our global network.
CantorCO2e offers an integrated suite of services to bring environmental
commodities to market and to help our clients manage their energy and
environmental risks world-wide.
For more information please visit www.cantorco2e.com.
For further information: CantorCO2e UK: Timo Kindred, +44 778 998 2922
firstname.lastname@example.org or Michael Turner, +44 (0) 20 7554 1458
email@example.com or US: Kelly Smith, +1 212 515 1968