We have pre-screened and selected two vendors to sell
carbon offsets for the Green OCI
program. We believe these two companies have good customer service and
national reputations for honesty, as well as good certification and
calculation methodologies. Both have set up special sites for the Green OCI program.
Please estimate the flights (both recruiter and student
flights) that will be made by your firm for the On-campus interview process
at Michigan,
and make your offset purchases accordingly. Overpurchases will be credited
toward next years recruiting efforts. Firms will be expected to make up
underpurchases by May 10, 2007. When you make a purchase, please return this form to us
by email, so that we can list your
firms participation for students to see.
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NativeEnergy
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Terrapass
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NativeEnergy is
a company majority-owned by Native Americans. NativeEnergy is working towards filling a gap in
renewable energy project finance - green tag contracts are usually 1-5
years, too short to finance a project.
Instead, NativeEnergy
buys a renewable energy projects future lifetime production of green
tags, discounted to present value, and writes the project developer a
check the developer can use to fund the project up front. NativeEnergy tries to fund small projects built by
farmers or Native American tribes. NativeEnergy
offsets sell for $12/ton.
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TerraPass has been one of the leaders in making carbon
offsets a consumer good - the company is bringing brand and market
expertise to bear on the issue of marketing carbon offsets. TerraPass has
formed partnerships with Ford Motor Co., among others. Their software,
including a flight calculator, is easy to use. TerraPass offsets are
composed of a combination of Green-e certified green tag purchases from
biomass and wind projects and Chicago Climate Exchange purchases verified
by the Center for Resource Solutions. TerraPass offsets sell for $9/ton.
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If your firm would like to purchase from another vendor
(some firms already have relationships with emissions offsets vendors), you
are free to do so. If purchasing from another vendor, please submit
documentation of your purchase along with this form. Please provide
evidence that the vendor is selling Green-e certified tags or Chicago
Climate Exchange offsets. We reserve the right to screen and exclude
vendors. Please notify us if you have any questions about a vendor.
