Anew™ and Center for Resource Solutions Announce First Green-E® Renewable Fuels Certified Retail Product
HOUSTON, September 15, 2022 (Newswire.com) - Center for Resource Solutions (CRS) and Anew recently issued a joint announcement that Anew, a leading marketer and originator of sustainable solutions, has achieved the first-ever Green-e® Renewable Fuels certification for its new Anew-RFC product. The Renewable Fuel Certificates (RFCs) used in Anew-RFC are sourced from biomethane (also known as renewable natural gas, or RNG) projects that prevent the harmful emission of methane, a potent greenhouse gas. Anew-RFC provides a solution for commercial and industrial customers seeking access to fuels with lower lifecycle greenhouse gas emissions than the fossil fuels they displace.
Anew was formed from the February 2022 merger of Element Markets and Bluesource, leveraging the combined companies' offerings and expertise to introduce Climate as a Service, a curated portfolio of products and services that allow organizations to align their goals for climate impact with actionable next steps.
With the first retail product certified through CRS's new Green-e® Renewable Fuels program, Anew is meeting a rigorous industry standard for quality and transparency in the nascent and fast-growing voluntary biomethane market, helping pave the way for increased participation in this market. The Green-e® certification program helps build consumer confidence in biomethane as a more-sustainable alternative for commercial fossil natural gas use.
"We're proud to announce Anew-RFC as the first-ever Green-e® Renewable Fuels certified retail product," said Jennifer Martin, executive director of CRS, which administers the Green-e® program. "Anew-RFC helps provide a more sustainable option for Anew customers, and it meets the most stringent requirements in the industry for quality and transparency. By undergoing independent certification of their sales and supply, Anew is raising the bar for retail renewable fuels products in the voluntary market."
"As a long-time advocate of renewable natural gas and its power to not only mitigate harmful methane emissions but to displace traditionally sourced, carbon-intensive fossil fuel, we're proud to be the standard-bearer of the first Green-e Renewable Fuels certification," said Angela Schwarz, CEO of Anew. "Through the Anew-RFC product, we are increasing options for RNG within the marketplace and further establishing RNG as an essential part of the energy transition."
Biomethane is gaining momentum as a solution for customers that want to use fuels with a lower environmental impact and help accelerate the transition to a clean energy economy. The Green-e® Renewable Fuels Standard only allows sources of waste with the least harmful environmental impacts, including landfill gas and anaerobic digestion of specific waste feedstocks. CRS verifies the specific fuel production pathways, requires carbon intensity scores that include production impacts and pipeline leakage, and verifies production facilities.
Anew-RFC is a renewable fuel certificate product and does not contain gas. As part of the annual verification process for Green-e® certification, Anew uses the M-RETS tracking system, which is the first tracking system for RFCs approved by CRS for the Green-e® Renewable Fuels program. An RFC represents the environmental benefits of one dekatherm of renewable gas. For each dekatherm of renewable fuel produced, an equivalent RFC is produced, and by purchasing and pairing RFCs with their gas supply, customers are using and receiving the benefits of that renewable fuel. RFC purchases also help build a market for renewable fuels. Increased demand for, and production of, renewable fuels helps avoid fossil natural gas extraction and processing, and helps make use of waste materials.
The Green-e® certification program for renewable electricity, carbon offsets, and renewable fuels began in 1997 and by 2020 included over 90 million MWh of certified renewable energy. Green-e® Renewable Fuels was launched by CRS to accelerate the adoption of and drive voluntary market demand for renewable fuels while ensuring that the gas is from sustainable renewable resources and meets the highest environmental standards. In each Green-e® program, CRS ensures customers are protected in their purchases and are able to make verifiable usage claims.
Anew Climate, LLC ("Anew") is accelerating the fight against climate change by enabling any company or organization to align its goals for conservation and impact with actionable next steps. With a comprehensive solutions portfolio that includes advisory services, carbon credits, renewable natural gas, renewable energy credits, EV credits, plastic credits, and emission reduction credits, Anew lowers barriers to participation in environmental markets for clients across the private and public sectors. As a leading marketer and originator of carbon and environmental credits, Anew brings together strategic finance, regulatory expertise, scientific knowledge, and impact focus to make it possible for businesses to thrive while building a sustainable future. Anew emerged from the February 2022 combination of durational industry leaders Element Markets, LLC and Bluesource, LLC. The company has offices in the U.S., Canada and Europe, and an environmental commodities portfolio that extends across five continents.
About Green-e® Certification and Center for Resource Solutions
The independent Green-e® certification program is run by the nonprofit Center for Resource Solutions (CRS), and is the leading independent consumer protection program for the sale of renewable energy and greenhouse gas reductions in the retail market. CRS offers certification and verification services through Green-e® Energy, a renewable energy certification program; Green-e® Climate, a carbon offset certification program; Green-e® Marketplace, a program that provides forward-thinking organizations a simple, internationally recognized logo they can use to communicate their renewable energy and climate commitment to their customers and stakeholders; and Green-e® Renewable Fuels, which certifies environmentally preferable retail biomethane and renewable natural gas products. To learn more about Green-e® certified products and programs, visit www.green-e.org.
Source: Anew Climate, LLC