TFS Energy Offsets Its Carbon Emissions
NEW YORK, November 10, 2006 – TFS Energy today announced it has offset its 2006 emissions, derived from its global employees’ business and personal electricity consumption and air travel, with the purchase of verified emission reductions (VERs) from a solar energy project in Laos. The project is owned by Sunlabob Rural Energy Systems Co. Ltd. TFS Energy will purchase up to 5,000 tonnes of emission reductions, generated between 2001 and 2010, and verified under the Voluntary Carbon Standard.
"We wanted to achieve a carbon neutral position for the company and its employees in a way that would encourage the use of renewable energy," stated David Jenkins, the TFS Energy global manager of environmental products. "Buying voluntary carbon credits for a solar energy project in Laos was a means of doing so."
TFS Energy is proud to work with CarbonBridge, a consultancy based in Laos and Cambodia that is undertaking the work required to manage the development of the project under the Voluntary Carbon Standard on behalf of TFS Energy.
Inquiries
David Jenkins, Global Manager of Emissions +44.207.796.0888
Jennifer Van Hofwegen, Head of Marketing and Communications +1.212.791.6491
About Sunlabob
The company Sunlabob, which means ‘sun system’, was established in 2000 to provide reliable power to remote areas of Laos through the use of solar technology. To date, Sunlabob has helped install 270 systems totaling 300kw in homes, schools, health centers and businesses. For agricultural use, Sunlabob has provided the energy for water pumps and electricity generation. Sunlabob is a finalist in The World Challenge, a global competition seeking to highlight and reward outstanding examples of community enterprise and innovation. The World Challenge is run by the BBC, Newsweek and Shell. For more information, please visit www.theworldchallenge.co.uk.