Firm recognized as industry leader for fifth consecutive year
Element Markets, LLC, a Houston-based biomethane developer and leading supplier of environmental credits, has been recognized as the top trading company in several categories of the survey administered by Environmental Finance and Carbon Finance – two of the leading global publications covering environmental markets – for its performance in the U.S. emissions, greenhouse gas, and renewable energy credit markets in 2012.
• Best Trading Company – US Emissions Market (SO2)
• Best Trading Company – US Emissions Market (NOx)
• Best Trading Company – Renewable Energy Certificates (North America)
• Runner-up — Best Trading Company – North American GHG Markets (California)
The survey, based on the votes of readers of the two publications and other relevant market participants, is the largest and most closely watched measure of sentiment across the carbon, renewable energy certificate, weather risk and US emissions markets.
“We are pleased to see the continued recognition by our peers and clients through this survey. Our 2012 performance was underscored by increases in revenue, addition of significant asset management clients and expansion of our environmental commodities and biogas businesses”, said Angela Schwarz, President and Chief Executive Officer of Element Markets.
More than 1,000 votes were cast in the 2012 survey to reveal the firms that clients, peers and competitors believe to have provided the best service over the previous 12 months.
“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 US 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.