Financial analysis website and blog Deepmarket.com to offset one ton of CO2 emissions for every blog that links to Deepmarket.com
WASHINGTON, D.C., May 23, 2006 — Deepmarket.com, a blog that researches new techniques for stock market analysis, and Carbonfund.org, a pioneering nonprofit organization making it easy and affordable for any person or business to reduce their climate impact, announced today an innovative program to link carbon offsets with weblog links. Deepmarket.com has pledged to offset one ton of carbon dioxide, the leading greenhouse gas causing global warming, for each blog that links to deepmarket.com.
“In working with Carbonfund.org, I hope to encourage bloggers to go beyond the debate about climate change,” said Eric Cahoon, who writes the DeepMarket.com blog. “This challenge to bloggers is to help create awareness of actions they can take now – such as taking advantage of energy efficient appliances and reducing the energy they use. In working with Carbonfung.org, they can have further impact by reducing carbon emissions, supporting renewable energy and reforestation projects.”
“Solving the problem of global warming and our addiction to oil and fossil fuels will take innovative ideas and creative thinking,” said Carbonfund.org President Eric Carlson. “Deepmarket.com is showing that good business can go hand in hand with a better environment. We applaud Deepmarket.com for this creative, unique and effective way to educate millions of people about global warming while also supporting the reduction of carbon dioxide emissions.”
According to the program, Deepmarket.com, which is already a supporter of Carbonfund.org and has offset its carbon footprint, will offset one ton of carbon dioxide emissions with Carbonfund.org for every blog that links to Deepmarket.com. The program costs fellow bloggers nothing to participate.
DeepMarket.com wanted a way to bring attention to Carbonfund.org in a simple, but effective manner. “I found that Carbonfund.org had the most comprehensive and cost effective programs for carbon emissions offsets and I wanted to help support their programs.” Eric Cahoon added “Beyond the climate change issue, Carbonfund.org is addressing the need for alternatives to fossil based energy sources – one of my primary concerns.”
The signs of global warming and climate change are all around us. 2005 was the warmest year on record. Greenland is melting 2.5 times faster than just a decade ago. The Arctic may be on an irreversible melting cycle. Carbon dioxide levels are at their highest levels of concentration in more than 650,000 years. Major storms are becoming more frequent and more severe. Global warming is here, we are all responsible for it and we must all take action to stop it.
“The evidence of global warming is inescapable,” added Eric Carlson. “We are all responsible for global warming and we all must be part of the solution. Deepmarket.com is today taking an important leadership step in solving this global problem.”
DeepMarket.com is a blog written by Eric Cahoon that explores advanced methods for stock market analysis. Eric Cahoon is an independent data mining consultant.
Boston, MA., June 23, 2006 - Carbonfund.org today announced that its newest partner, Walden Asset Management a socially responsive investment leader for more than 3 decades, has offset its carbon footprint. This practical step highlights Walden Asset Management’s commitment to be a leader in the investment community.
Walden Asset Management serves a client base that is deeply involved on issues that impact society. Considering the implications of climate change, carbon offsets through Carbonfund.org are a natural extension of the work Walden Asset Management does daily on behalf of its clients.
“At Carbonfund.org, we realize that the investment community has a large part to play in the fight against climate change” said Eric Carlson, president of Carbonfund.org. “We are glad to see that investment firms are engaged on this issue and are excited that Walden Asset Management has partnered with us to offset their company carbon emissions.”
Tim Smith, Walden’s Director of Socially Responsive Investing, stated, “Offsetting our own greenhouse gas emissions fits with Walden’s work as a socially responsive investment firm. On behalf of our clients, we advocate that companies address greenhouse gas emissions and climate change. It is fair to expect, then, that we take comparable steps.”
Carbonfund.org is a non-profit organization whose goal is to make carbon offsets and climate protection easy, affordable and a normal way of life for every individual and business. Carbon offsets enable individuals and businesses to reduce carbon dioxide emissions in one location, where it is cost effective, to offset the emissions they are responsible for in their normal activities, like home, office, driving or air travel emissions. For instance, a clean, zero CO2 wind farm can offset the carbon dioxide produced by a coal-fired power plant. Carbonfund.org has offset 200 tons of CO2 on behalf of Walden Asset Management. By supporting renewable energy, energy efficiency, and sequestration projects Carbonfund.org will retire an equivalent amount of carbon offsets. The financial support from these offsets will then help to continue the development of clean, renewable domestic sources of energy.
About Walden Asset Management
Walden Asset Management (http://www.waldenassetmgmt.com) is the socially responsive investment division of Boston Trust & Investment Management Company. Founded in 1975, Walden has been a pioneer in socially responsive portfolio management on behalf of individual and institutional clients. Walden blends a disciplined investment style and expertise in social screening with a commitment to using its leverage as an investor to improve corporate social performance. The Carbonfund.org partnership encompasses the greenhouse gas emissions of both Walden and Boston Trust & Investment Company.