Name, First Climate Group Collaborative Opportunities Presented by : Jim Heath and Subodh Das First...

Name, First Climate Group

Collaborative Opportunities Presented by : Jim Heath and Subodh Das

First Climate Group & Phinix,LLC

Presented to : AlerisLewisport, Kentucky September 2, 2009August 31, 2009Corporate Profile

© First Climate | April 19, 2023 Name - Position

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Agenda

•Overview and History of the Carbon Market

•About First Climate ( www.firstclimate.com) Business Lines and Services

•About Phinix , LLC ( www.phinix.net ) Technology and Consulting : Products & Services Partnership with First Climate

•The Impact of Climate Policies on Aleris Project opportunities with Aleris

•Possible Next Steps

Carbon 101 – The Advent of the Carbon Market

1992• Ratification of the United Nations Framework Convention on Climate Change

OECD Countries agree to reduce emissions to 1990 levels by 2000Non-binding commitments; the treaty has no teeth

1997• Negotiation of the Kyoto Protocol, a legally binding treaty

Byrd-Hagel Resolution in the Senate rejects binding targets 97-0; a political warning shot

2004• Russia ratifies the Kyoto Protocol, making the protocol binding for signatories

2005• Phase I of the European Union Emissions Trading Scheme (EU-ETS) begins

2006• California passes “Global Warming Solutions Act” (AB32), first state to do so

2008• Phase II of the EU-ETS begins; Kyoto compliance period begins

2012• Waxman-Markey projected to take effect

What’s cooking in the U.S.?

• AB 32California law requiring reduction of emissions to 1990 levels by 2020

• Regional Greenhouse Gas Initiative (RGGI)Northeastern trading market for power plants; reduce emissions 10% by

2020

• Western Climate Initiative (WCI)Voluntary initiative among western states and Canadian provinces

• Waxman-MarkeyLegislation passed the U.S. House of Representatives in June

17% reduction in GHG emissions from 2005 levels by 2020


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PHINIX, LLC

Headquartered in Lexington , Kentucky

Partnership with First Climate

Products & Services Offered:

•Carbon & Energy Assessment and Management

•Manufacturing Processes & Products

•Recycling

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A Leading Carbon Asset Management Company

Facts and Figures

Assets under management (2008): EUR 250 million

Turnover: EUR 12 million (2007), EUR 30 million (expected in 2008)

Projects under contract in the CDM, JI and VER pipeline: ~ 30 million tons

Sales in the voluntary market to date: 3.5 million VERs

offices on 5 continents

110+ employees

Member of the International Emissions Trading Association (IETA), the International Carbon Reduction and Offset Alliance (ICROA), the Carbon Markets and Investors Association (CMIA), and founding member of the Project Developers Forum


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First Climate's Core Competencies

Carbon Investment Advisory

CarbonAsset

Development

Sales & Trading

Climate Neutral

Services

ProjectFinance

Integrated Carbon Asset Management


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Generating high-quality carbon credits through climate protection projects

Identify viable emission reduction projects around the globe

Assess feasibility, risk, and eligibility for CDM, JI, and VER projects

Secure funding for projects and related transaction costs

PIN, PDD, and methodology development

Assist project owners with validation, verification, CDM registration, and

certification under voluntary market standards

Support implementation and monitoring of emission reduction projects

Market primary and secondary CERs, VERs, and ERUs

Carbon Asset Development


Climate Neutral Services

Sales & TradingCarbon Asset Development

Project Finance


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Emission Reductions through various technologies

hydro

wind

solar

biomass

biogas

energy efficiency

fossil fuel switch

landfill flaring

geothermal

forestry

transport

waste to energy I

waste to energy II

methane avoidance


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Financing emission reduction projects

Identify and assess attractive investment opportunities

Develop optimal financing solutions for emission reduction projects

Conduct project due diligence

Equity and debt financing, either through dedicated funds or partner institutions

Project Finance



Sales & TradingCarbon Asset Development

Project Finance


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The Principle of Climate Neutrality


Calculate your Emissions

Develop an Effective, Tailor-Made Carbon Management Strategy

Reduce the Avoidable Emissions and Cut Costs

Offset the Unavoidable Emissions with High Quality Carbon Credits

Communicate your Engagement to the Stakeholders that Matter Most

Climate Neutrality: Voluntary Emissions ReductionsCalculating your footprint

Source: WBCSD/WRI

Building an Offset Purchasing Strategy

Things to Consider:

1) What emissions will the offsets cover?

2) What is your budget and who will pay?

3) Can this purchase help you anticipate or comply with current or upcoming regulation?

4) How will you communicate this purchase (internally and externally)

5) Consider the importance of Location

Technology

Co-Benefits

What is a Voluntary Carbon Credit?

• Represents an environmental attribute: In this case, one metric ton of carbon dioxide equivalent (tCO2e), monetized in the form of a Verified Emission Reduction (VER).

• Wide-variety of project activities produce carbon credits, including Renewable Energy, but beware of double counting…

• Carbon-Credit Creation Cycle:

VERS

Initial Assessment

Val

idat

ion

(DO

E)

Project Document

Registration(Authorizing

body)

Implementation & Monitoring

(PP)

Verification(DOE)

(In the case of VCS)


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Overview: US Offset Supply by Technology Type (2007)

Headline

Main Text

1. Listing Level 1

2. Listing Level 2

3. Listing Level 3


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How Can We Work Together

Assess Aleris‘s Carbon Foot Print

Develop Strategies to Make Aleris Carbon Neutral

Selling Credits

Develop any new projects (Fuel Switching?)

Participate in any existing projects

Buying Credits

Local / In Kentucky / In the US / Globally

Public Awareness / Information Dissemination / Workshops /Speakers


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CONTACT INFORMATION

Dr. Subodh K . Das , FASM

CEO & Founder

Phinix , LLC

P.O. Box 11668 , Lexington , Kentucky 40577-1668

+ 1.859.619.8386

www.phinix.net [email protected]

[email protected]

James Heath

Vice-President, Origination

First Climate LLC

Tel. +1 (415) 433.1633 x105

Cell +1 (415) 341.7570

E-Mail: [email protected]

333 Pine Street, 3rd Floor , San Francisco, CA 94104

www.firstclimate.com

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