ClimeCo was founded January 1, 2009 on the principle of being a leader in North America in the development and trade of scalable greenhouse gas (GHG) reduction projects. The ClimeCo initial focus was on Nitrous Oxide (N2O) emissions from the formation of nitric acid used in fertilizer and explosives manufacturing. To support this initiative, we participated in the development of the Climate Action Reserve (CAR) Nitric Acid Production Protocol and have since developed 100% of the US N2O abatement projects.
We also manage the only two N2O abatement projects located in Canada. The firm’s current N2O project portfolio creates approximately 4 million tonnes per year of GHG reductions, sellable in both the voluntary (US) and compliance (Canada) markets. It is from this core service offering that ClimeCo has gained its reputation as a firm that can turn-key complex GHG projects, while assisting clients with maximizing financial returns through our identification of strategic voluntary and compliance offtake relationships.
Clockwise from top-left: Jim Winch, Michael Busser, Scott Subler, Zachary Palm, Derek Six, David Priddy, Maria Finneran,
Tip Stama, Jim Bellmore, Chelsea Bryant, William Flederbach, Dan Linsky, & Gary Yoder.
As part of our growth model, we also evaluate strategic mergers and acquisitions. In 2015, ClimeCo acquired Environmental Credit Corporation (ECC) as a perfect complement to our business. ECC was a well-branded leader in the development of early markets surrounding the Chicago Climate Exchange (CCX) and was a co-author and leading developer of three project types; ozone depleting substances (ODS), agricultural methane, and composting. All of these protocols were initially housed in the Climate Action Reserve (CAR) registry: two of them later became compliance protocols under the California Air Resources Board (CARB) Assembly Bill – 32 (AB-32) cap-and-trade program.