Green Invest - An Australian Emissions Trader
Cleantech investors should examine a newly listed Australian company, Green Invest, which is involved in carbon trading through its Nextgen (Next Generation Energy Solutions) business.

Established in 2000, Nextgen is an Australian leader in the brokering of energy derivatives and environmental commodities. It is also a significant data provider, and it plans to launch an asset management division.

The primary environmental commodity schemes in Australia at present are the federal government's Mandatory Renewable Energy Target (MRET) scheme and the New South Wales (NSW) state government's Greenhouse Gas Abatement Scheme (GGAS).

Under the former, trading in Renewable Energy Certificates is based on requirements for electricity retailers and large buyers of electricity to acquire a percentage of their needs from renewable sources.

The latter was one of the world's first greenhouse gas emissions trading schemes, and is based on emission targets imposed on electricity retailers and large consumers.

According to the Green Invest listing prospectus, the NSW carbon trading market is the second largest in the world, and is set to get bigger under new federal initiatives.

The Clean Energy Council forecasts that the volume of Renewable Energy Certificates traded in Australia will grow by 13 per cent annually between 2007 and 2020.

Green Invest operates a second business, Green Plumbers, which sells licenses to plumbers authorizing them to offer a range of environmental services. It is in the process of launching this business in the US, and claimed in an April 2008 press release that "plumbers across the USA are jumping onto the bandwagon to join the GreenPlumbers USA network."

According to the Green Invest prospectus, Nextgen and Green Plumbers in the financial year to June 2007 had combined sales revenues of A$5 million, and a combined after-tax profit of A$0.53 million.

May 6th, 2008

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Green Invest - An Australian Emissions Trader Cleantech investors should examine a newly listed Australian company, Green Invest, which is involved in carbon trading through its Nextgen (Next Generation Energy Solutions) business.

Green Invest - An Australian Emissions Trader
Cleantech investors should examine a newly listed Australian company, Green Invest, which is involved in carbon trading through its Nextgen (Next Generation Energy Solutions) business.