Together, Element Markets and Bluesource will create the largest marketer and originator of carbon and environmental credits in North America and one of the largest in the world. The combination brings together Element Markets’ leading position in low carbon fuels and greenhouse gas markets with Bluesource’s expertise in nature-based solutions, project development, capital formation and advisory services to create a vertically integrated climate-focused company that serves all sectors and geographies to accelerate the fight against climate change and environmental degradation.
Uniting Bluesource and Element Markets represents the realization of our shared vision to achieve a decarbonized future through quality, trust, and accountability in our environmental products and services,” said Angela Schwarz, CEO of the newly combined entity. “As a combined firm, we will develop and implement market-based solutions on a global scale while continuing to provide an unmatched level of geographic expertise in downstream environmental commodity realization.
“Both our companies were started with the intent of making a difference in the world and responding to the challenges of climate change with integrity and authenticity,” stated Bill Townsend, Head of Strategy and Business Development of the new combined entity. “Each of our companies has led in the evolution of the market, managing climate risk through the development of innovative solutions. Bluesource’s success has grown in step with that of Element Markets’ and we look forward to what we will accomplish together for our planet.”