We are the leading climate change offset portfolio in North America with more publicly registered third-party verified ghg offsets, more historical ghg offset sales and more ghg offset types by location, vintage and source than any other company in North America.
Participating in the carbon economy began for us at the close of 1995 when a predecessor to Blue Source, Petro Source Carbon, invested $17 million to construct a new anthropogenic CO2 pipeline that would take vent stack sourced-CO2 from natural gas treating plants that had been venting the CO2 since the early 1970s. In 1996, Petro Source completed the first sale of offsets created through carbon capture and storage in North America. Each year thereafter, physical CO2 and emission reduction sources and sales increased as we learned more of what would soon be called the carbon economy. In 2002, Blue Source completed North America’s largest to-date offset sale of nine million tonnes of carbon dioxide – and we were just getting started.
Today, many business decisions are now made based on their environmental effect on our planet -- and well before required by law. We have been working with North American businesses at the intersection of climate change and domestic energy policy. Whether our clients are creating plans for the capture and storage of greenhouse gasses through IGCC or CTL, purchasing more efficient truck and transport assets, designing emission sensitive logistic systems, developing new fly ash-based products, designing energy efficiency building and lighting systems, investing in coal mine methane capture and abandoned coal mines or getting involved with North America’s most valuable carbon offset portfolio as suppliers or buyers – together, we are creating a better value in sustainability for businesses and a cleaner environment for us all.
We are principals in the evolving carbon economy. And we practice what we preach through our investments in projects that promote sustainability and our own efforts to make Blue Source a carbon neutral company.
We are committed to making a difference in the environment and in the sustainability of the corporations with whom we work, and we are prepared to invest capital to build new GHG reduction projects through a strategic partnership with Och-Ziff Capital Management Group. First Reserve Corporation, the largest private equity firm in the domestic energy industry, are co-owners with management of the Blue Source Companies.
Let us help you understand and engage in the carbon economy.