Contact Information: Media Contact: Heidi Thaw Locus Technologies (650) 960-1640
Locus Technologies to Promote Seminar on Carbon Trading and Finance in San Francisco
Greening of America Through On-Demand Software
| Source: Locus Technologies
SAN FRANCISCO, CA--(Marketwire - July 2, 2007) - Locus Technologies (Locus), the industry
leader in Web-based environmental data and information management services,
will join Global Change Associates and Pillsbury Winthrop Shaw Pittman LLP
to promote a seminar on carbon trading and finance. The seminar will be
held on July 17, 2007, at Pillsbury's San Francisco office at 50 Fremont
Street.
Led by carbon markets experts Peter C. Fusaro and Jay Gould, partner and
co-leader of Pillsbury's Investment Funds & Investment Management Team, the
seminar "Carbon Trading is the Missing Link in Clean Tech Investment" will
explore what role carbon trading plays in clean technology investment and
how to establish a successful carbon hedge fund.
"This is the second in a series of clean technology investment seminars we
are hosting with Pillsbury, which launched one of the first
multidisciplinary climate change practices in the nation. We are very
excited that Locus Technologies, the leader in environmental information
management, will promote the seminar, as the information management
component of carbon trading is an important factor to consider in
implementing sound carbon strategy," said Fusaro. "Our last seminar
attracted more than 150 people as California continues to be the center of
carbon market activity for the foreseeable future."
"We see carbon emissions management as the next logical expansion of our
highly successful LocusFocus environmental portal. Many of our Fortune 100
customers using LocusFocus for environmental data and information
management will find it easy to expand in our on-demand portal to include
management of greenhouse gases (GHG). Many of Locus's customers are
actively looking for the tools and advice to move forward and formulate
real carbon strategies in advance of upcoming regulations. Once
regulations are promulgated, companies could lose substantial dollars by
not planning ahead for this change. Locus's customers that are already
engaged in this highly topical discussion and are prepared to adopt carbon
management strategy at this time can leverage the LocusFocus environmental
portal for GHG data management with minimal additional investment and
provide their shareholders with transparency on this issue. This seminar is
the perfect forum to get up to speed and educated on this important matter,
particularly for the companies with operations in California that will be
subject to California Global Warming Solutions Act of 2006, Assembly Bill
No. 32 (AB32) relating to air pollution," said Dr. Neno Duplancic,
President and CEO of Locus Technologies.
The seminar will cover the basics of environmental trading, carbon trading
and finance, some clean tech solutions, information management, how to
implement a carbon reduction under the Kyoto Clean Development Mechanism
(CDM), and the basics of how to build a carbon fund.
GHG management will impose additional burden for environmental information
management. Establishing a comprehensive GHG inventory is the foundation
for future GHG management and compliance strategy. However, performing the
GHG inventory can be a challenging process for many organizations,
particularly for data acquisition, validation, and real time reporting. To
make intelligent decisions about GHG management, clean energy, and other
factors affecting the quality and sustainability of life, businesses and
government entities must have better tools to manage and interpret this
information in real time. Robust environmental information management
systems are needed to store and analyze this data, and the LocusFocus
environmental portal is a solution.
"Carbon trading is a new asset class for hedge fund finance and
investment," said Gould. "Indeed a recent report by the National Venture
Capital Association showed that while U.S. venture capital investments, as
a whole, were down by 33 percent in 2006, compared to five years ago,
investments in American clean tech companies were up 243 percent in that
time -- more than two and a half times the growth rate of the next
strongest industry over that period."
For further information about the seminar or to register online, please go
to www.energymediagroup.com. The cost of the seminar is $695 and includes
all presentation materials and a workbook. For any questions, please call
Carmen Cook, VP of Marketing at Global Change Associates, at 212-222-3775,
carmenjane@verizon.net or Heidi Thaw at Locus Technologies at 650-960-1640,
thawh@locustec.com
ABOUT LOCUS TECHNOLOGIES
Locus Technologies specializes in providing comprehensive environmental
data and information management and consulting services for the
environmental industry. Locus's primary line of business is the integration
of environmental content and domain expertise with Software as a Service
(SaaS) offerings. Its flagship product, EIM, provides robust online
analytical data management for Locus customers around the world.
ABOUT GLOBAL CHANGE ASSOCIATES
Global Change Associates Inc. is a leading edge consultancy on energy and
environmental financial markets based in New York led by Peter C. Fusaro.
Peter is the best selling author of "What Went Wrong at Enron" and a
leading proponent of market-based solutions for environmental remediation.
He created the annual Wall Street Green Trading Summit in New York each
spring, and is recognized as an international leader in clean technology
and emissions trading. He co-founded the Energy Hedge Fund Center in 2004
(www.energyhedgefunds.com).