L2i/Financial Solutions Consultant

L2i/Financial Solutions Consultant

December 01, 2009 11:38 ET

A Canadian Company Originates in California the Largest Agriculture Methane Carbon Offset Basket to Date

NEW YORK CITY, NEW YORK--(Marketwire - Dec. 1, 2009) - L2i/Financial Solutions Consultant (L2i), a Canadian non-traditional corporate financing firm, successfully originated the largest aggregated Dairy Methane project basket in California to date. The basket consists of 28 Dairy Methane projects in the San Joaquin Valley that were successfully validated to the Voluntary Carbon Standard (VCS). A portion of the validated tons have already been allocated to buyers. TFS Energy LLC has been awarded the exclusive mandate to market these carbon offsets.

The project activity consists of technologies and measures that reduce Green House Gas (GHG) emissions using sustainable manure management practices as well as technologies and measures that avoid or reduce methane production from anaerobic manure management systems, through removal of solids from the manure slurry stream. The project uses a methodology approved under the UNFCCC Clean Development Mechanism (CDM). L2i originated the dairy methane carbon offsets with an aggregated group of small business family run dairy farms in the valley. These developments come at a critical time for the California carbon market, as the Air Resource Board releases its preliminary draft of the AB32 Scoping plan for the state wide cap and trade program.

L2I is proud to be associated with this transaction, in which the activities undertaken to reduce carbon emissions in the dairy industry provide carbon revenues to help support small business family run dairies in difficult times.

About L2i

L2i is a firm specializing in non-traditional corporate financing. They hold an expertise in the quantification of carbon credits by selecting, applying and elaborating quantification methodologies to qualify the emissions based on reputable international sources. In that capacity, L2i helps companies count, quantify and accrue their carbon offsets.

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