1000 Meridian 'Gold Standard' Carbon Credits

FOR SALE by Meridian Energy - 1 x parcel of 1000 Gold Standard Verified Emission Reduction (VER) carbon credits (tonnes) from Meridian Energy's Te Apiti wind farm.

The Te Apiti wind farm is the first in the world to have been registered by the Gold Standard Foundation. This demonstrates the highest quality renewable energy development taking into account cultural, environmental, social and economic issues. The 2006 carbon credits have been issued by the Gold Standard Foundation.
(further information about the Gold Standard is available at www.cdmgoldstandard.org).

The project baseline and the 2006 emission reductions have been validated by UN accredited independent agency Das Norske Veritas.

The purchaser may choose to use these voluntary carbon credits for the carboNZero programme. The carboNZero programme run by Landcare Research will also recognise these carbon credits subject to its usual terms and conditions (refer to www.carbonzero.co.nz).

At the close of the auction, the purchaser will have to enter into Merdian's VER Sales Agreement. The principal terms of this Agreement can be viewed on the Emissions Trading section of Meridian Energy's website www.meridianenergy.co.nz

This purchase of carbon credits will then be transacted in the M-co Registry by way of a transfer of the credits out of Meridian's account into an account opened by the successful bidder. The credits purchased will then be available for immediate retirement, unbundling, or holding as a potential investment.