Element Markets, LLC, a Houston-based renewable natural gas marketing company and a leading supplier of environmental credits, has been recognized as the top trading company in several categories of the survey administered by Environmental Finance for its performance in the U.S. emissions and greenhouse gas credit markets in 2013:
• Best Trading Company – California (Spot & Futures)
• Best Trading Company – California (Options)
• Best Trading Company – Regional Greenhouse Gas Initiative (RGGI)
Environmental Finance – the leading global publication covering environmental markets – revealed the winners in its 14th Annual Market Rankings. The Market Rankings are the most prominent and closely watched indicators of sentiment across the carbon, renewable energy, weather, risk, and catastrophe risk markets. More than 1,000 votes were cast in the 2013 survey to reveal the companies that clients, peers and competitors believe to have provided the best service over the previous 12 months.
“2013 was a transformative year for the U.S. environmental markets. During the year we experienced market adoption of the California Cap-and-Trade Program, volatility and volume increases in RGGI, and rapid expansion of our emissions business in non-attainment areas,” said Angela Schwarz, President and Chief Executive Officer of Element Markets.
“Economic headwinds have continued to make life tough in environmental markets, with low demand for environmental commodities such as carbon credits and renewable energy credits hitting pricing,” says Mark Nicholls, editor of Environmental Finance. “Regulatory and legal uncertainty is also weighing on environmental traders, particularly in Europe’s carbon markets, and in the U.S. sulphur dioxide and nitrogen oxides allowance programmes. For the winners in our rankings, it’s been a question of perseverance and sticking to their core competencies,” he adds.
About Element Markets, LLC
Element Markets is leading renewable natural gas marketing and environmental commodities company that applies its diverse expertise to provide structured environmental compliance and optimization services to prominent corporate and institutional clients. Element Markets is headquartered in Houston, Texas and more information about the company is available at www.elementmarkets.com.
For more information, contact:
Randy Lack, Chief Marketing Officer
Element Markets, LLC