Business Editors
NEW YORK--(BUSINESS WIRE)--Jan. 31, 2001
Evolution Markets, LLC announced today that industry pioneer John Palmisano has joined their management team as Managing Director.
"This is a perfect match for both of us," said Andy Ertel, President of Evolution Markets LLC of Palmisano's hire. "John is one of the architects of the emissions trading industry. His experience in and knowledge of the field of greenhouse gas is unmatched by anyone, and he brings an incredibly broad base of both domestic and international contacts with him. John will allow Evolution to meet the growing demand from clients for advisory services on emissions reduction strategies. Together we are going to define service and professionalism in the emissions trading brokerage and consulting business."
John Palmisano's career spans the entire spectrum of the emissions reduction field, from his start as a US EPA regulator to both international and domestic commercial activity. Mr. Palmisano founded the first US emissions trading firm - AER*X, in 1984, and over the past 24 years has advised governments, international organizations such as World Bank, and trade associations on how to promote cost-effective environmental and energy policies. He recently founded John Palmisano & Associates LLC and was assisting both industry and governments to develop emissions trading strategies. Until May of 2000, he was Senior Director for Environmental Policy and Compliance at Enron Corp., managing Enron's greenhouse gas policy and commercial activities. He is an acknowledged leader in the field of emissions trading, having written many papers, participated in millions of dollars in related policy and commercial studies, and given over 200 presentations on these subjects around the world. He currently serves on the Board of the Emissions Marketing Association and the European Business Council for a Sustainable Energy Future (e5).
"Evolution has the right plan and staff; they are going in the same direction I have been going," said Palmisano. "Emissions trading markets are going through an evolution from novelty, to acceptance, to part of a company's strategic plan. I have seen emissions trading from every side - as a regulator, broker, consultant, Executive Director of a gas industry trade association, and senior manager in a global energy company. Andy Ertel, Pete Zaborowsky, Steve Nesis and the entire team represent the quality service that I expect to give my customers. I will be setting up the Washington, DC office, solidifying our position in California, and working with the Evolution team to provide a full range of greenhouse gas consulting and brokerage services."
Founded in March 2000, Evolution Markets LLC is a privately-held expert brokerage and advisory service firm that specializes in environmental and over-the-counter coal markets. Their expertise covers various emission credits including SO2 and NOx Emisson Allowance, Greenhouse Gas (GHG) Emissions Reductions, and Emission Reduction Credits (ERCs).
