We at Elusive Green believe that there are two significant methods to reduce the green house gas Carbon Dioxide (CO2).  The first is by encouraging clean renewable energy production such as wind and solar and the second is  through a US Government mandated cap and trade (C&T) program is an excellent mechanism to curb greenhouse emisions.

While the US is a not a signatory to the Kyoto Treaty which places limits on the amount of carbon dioxide countries (and ultimately citizens), there is a way for everyone to help effectively force companies to innovate and restrict carbon output.  

The right to emit has been made into a tradable commodity on the Chicago Exchange.  Typically, the contracts that are traded are sized for industrial participants.   Our plan is to pool Elusive Green site purchases with others to make bulk lot purchase and retirement on our community's behalf.    Each credit bought and voluntarily retired from the C&T program reduces that amount of CO2 emissions (the cap) that can be emitted.  This will directly remove a ton of CO2 emissions from the atmosphere by ensuring that the credit is never used by an emitting source. (See why cap and trade is a great solution for curbing CO2 emissions.)

Though voluntary markets are here today and have had some success in reducing CO2 emissions, we believe that developing markets such as the Regional Greenhouse Gas Initiative (RGGI) and the Western Climate Initiative (WCI) will be more viable for the following reasons.  First, all emitting sources in a region will be mandated to participate, which balances local cost competition forces.  Second, broader participation allows for liquidity and persistence of markets, so that economic forces can be unleashed to spur technological innovation under the need to be more competitive.  As cap and trade has been successful for lowering Sulphur Dioxide (SO2 / Acid rain) emissions, we look forward to successful implementation of C&T to combat CO2 emissions as well.  Market caps are a great bet for production of true and efficient emission reductions.

Until the US Cap and Trade programs are somewhat more mature, your purchase at Elusive Green to reduce green house emmisions will be through  a Renewable Energy Credit (REC) from a wind resource located in Texas, USA.  These RECs contain all of the renewable attributes associated with one kilowatt of renewable wind electricity. The Renewable Energy Credits purchased through Elusive Green meet the guidelines of the EPA's Green Power Partnership which defines that standard that one REC is equal to 1,000kW of electricity generated and offsets 1,344 lbs. of CO2.  By voluntarily purchasing this REC you are directly removing this from the mandated market and supporting the development of clean renewable energy.

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