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Sustainability

North America today is faced with the growing challenge of reducing and controlling air pollution and greenhouse gas emissions which are behind global warming, urban smog, serious health risk to human beings, cross international borders, and have other impacts on the environment.

Furthermore, as the U.S. and Canada strive to grow their economies and increase their economic outputs, this causes increased demand, consumption and cost of fossil fuels. The more successful we become, the larger the task and costs are for the reduction emissions from fossil fuel consumption.

For almost two decades, Thermal Energy has developed and commercialized highly cost-effective solutions to both wrestle down the costs of high energy use and at the same time, designed specifically to achieve significant emissions reductions.

Thermal Energy is well positioned to provide the North America and other parts of the world with the best available products, technologies, and solutions to most economically meet short, mid and long-term energy and emission reduction objectives – not at a cost, but at savings which will fuel the economy and build healthier communities.

Thermal Energy is also a proud member of the Chicago Climate Exchange (CCX), is the world’s first and North America’s only voluntary, legally binding rules-based greenhouse gas emission reduction and trading system. We are one of the few companies on the CCX helping other companies implement solutions to help them reduce greenhouse gas (GHG) emissions.

CCX Members with direct emissions commit to reduce emissions on an annual basis with a net emission reduction target for the period of their membership. Those members that reduce their emissions below the required level can sell surplus emission allowances on the exchange or bank them. A member that cannot achieve the reduction target internally can meet its compliance commitment by purchas¬ing emission allowances through CCX’s electronic trading platform from other CCX Members that reduce their emissions beyond the reduction target, or purchase project-based offsets.

Total volume since the market opened in December 2003 surpassed 14 million metric tons in December 2006, with over 10 million tons traded in 2006 alone.