CantorCO2e, a global provider of financial services to the world's environmental and energy markets, has introduced a Web-based marketplace that provides clients with information about multiple domestic and international projects that create real carbon dioxide equivalent (CO2e) offsets. Clients can respond online to bids and offers, the company says.
CO2e offsets offered through CantorCO2e's marketplace include those derived from the projects, including wind farms, located both in the U.S. and internationally. According to a recent report on the voluntary carbon markets, more than 20 million tons of CO2e offsets were traded voluntarily in the first six months of 2007.
‘Our buyers want to support carbon reduction projects that have both a story and a particular character,’ says Josh Margolis, co-CEO of CantorCO2e. ‘They simply cannot afford to transact offsets that are neither distinct nor real.’