STAMFORD, Conn.--(BUSINESS WIRE)--MXenergy announced today that it has offset the greenhouse gas emissions associated with its national operations as part of the company’s ongoing commitment to reduce its environmental impact.
As part of its membership in the Chicago Climate Exchange, MXenergy has identified its annual carbon emissions of about 1,000 tonnes and has retired the same amount of emission reduction credits to make its national operations carbon neutral.
“MXenergy voluntarily offset the emissions associated with our multiple office spaces, air and road travel and other business operations as part of our company commitment to address climate change,” said MXenergy CEO Jeffrey Mayer. “We are committed to doing more than our share to fight global warming and encourage other businesses to come forward and do the same.”
MXenergy became a member of the Chicago Climate Exchange to take part in its voluntary cap-and-trade system offered to global businesses. As a member, MXenergy made a legally binding commitment to fully offset its emissions on an annual basis. After accounting and verifying its carbon footprint through CCX MXXenergy offsets the emissions.
MXenergy retired carbon offsets that were generated from CCX-registered afforestation projects in Illinois. MXenergy purchased and retired the offsets equal to its annual emissions from a project that plants hardwood and softwood trees on former cropland across more than 2,981 acres. Trees naturally sequester carbon dioxide through photosynthesis and the project was created with the sole purpose of creating a permanent solution for sequestering greenhouse gas emissions. Beyond addressing the emissions associated with business operations, MXenergy encourages its employees to reduce consumption of resources through smart energy and transportation management.
As a national supplier of natural gas and electricity with more than 500,000 customers across the nation, MXenergy is committed to working with customers on reducing their environmental impact. The company offers a program for customers to offset the emissions associated with their utility purchases. In 2007 MXenergy launched the Earth Friendly Partnership for customers to join the fight against global warming, enabling them to make their homes and businesses carbon-neutral by also purchasing CCX afforestation offsets Customers who join the partnership pay only a fraction of a penny more for power service, with MXenergy subsidizing the balance.
About MXenergy
MXenergy is one of the fastest-growing retail natural gas and electricity suppliers in North America, serving approximately 500,000 customers in 39 utility territories in the United States and Canada. Founded in 1999 to provide natural gas and electricity to consumers in deregulated energy markets, MXenergy helps residential customers and small business owners control their energy bills by providing both fixed and variable rate plans. MXenergy is committed to best practices in environmental conservation. MXenergy is a member of the Chicago Climate Exchange and an Energy Star Partner. More information can be found at www.mxenergy.com.
About Chicago Climate Exchange
Chicago Climate Exchange, Inc. is owned by Climate Exchange plc a publicly traded company listed on the AIM division of the London Stock Exchange (CLE.L). CCX, which began trading in 2003, is the world’s first and North America’s only legally binding, rules-based greenhouse gas emissions allowance trading system, as well as the world’s only global system for emissions trading based on all six greenhouse gases.
Contacts
MXenergyTodd Miller, 203-378-1152 ext. 149tmiller@cjpcom.co
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