Event to Allow Industry, Government and Environmental Groups to Experience Greenhouse Gas Trading

Climate Change Central is hosting Western Canada's first greenhouse gas emissions trading simulation on September 5 and 6, 2001. This event will provide participants from industry, government and environmental groups with an opportunity to experience a simulated greenhouse gas trading environment. In this environment, participants will be required to make decisions regarding investment into greenhouse gas emission reductions as the regulatory policy situation changes around them over a simulated period from 2001 to 2012.

"This event will be the first of its kind in Western Canada and be the first in the world to be based upon Canadian firms. It will provide an opportunity for Canadians to go through the process of planning for a potentially carbon-constrained world," said Allan Amey, President and CEO of Climate Change Central.

The two-day event will be delivered in partnership with Toronto based CO2e.com, LLC, which is a subsidiary of the Cantor Fitzgerald Group.

"We are excited to be providing our simulation technology for the Alberta GHG Trading Simulation. CO2e.com's carbon trading simulation is unique in how it allows participants to explore key policy and market design issues that are so important in today's climate change debate," said CO2e.com LLC CEO Carlton Bartels.

Over 100 participants from industry, government and environmental groups will participate in the event, to be held at the University of Calgary Learning Commons.

"This is a first for Alberta and an excellent example of the synergy that Climate Change Central is generating in the province," said Alberta Minister of the Environment Lorne Taylor. "Since opening their doors earlier this year, Climate Change Central is becoming Alberta's store-front for leading-edge approaches that effectively deal with greenhouse gases."

Simulation sponsors include Alberta Environment, ATCO Power, EPCOR, Shell Canada, Suncor Energy, TransCanada PipeLines, University of Calgary Learning Commons, and Western Economic Diversification.

Climate Change Central is a unique partnership between Alberta businesses, governments and the environmental community, aimed at reducing greenhouse gas emissions. Its multi-stakeholder programs focus on innovation, technology, education and public participation to strengthen Alberta's environmental energy advantage.

For further information, contact:

Allan Amey
President and CEO
Climate Change Central
(403) 517-2701
www.climatechangecentral.com

Carlton Bartels
CEO
CO2e.com LLC
(212) 928-8700
www.CO2e.com

David May
Alberta Environment
(780) 427-5525
www.gov.ab.ca/env/

For backgrounder, please visit our website at www.climatechangecentral.com

Backgrounders:Alberta Greenhouse Gas Simulation Event