Point Carbon Opens Boston Office

Boston, MA 9 June  2008

Point Carbon, a world-leading provider of independent analysis and consulting services for governments and companies in the global power, gas and carbon markets, today announced the opening of a Boston office to be headed by Dr. Jurgen Weiss, Managing Director of Advisory Services North America.

Dr. Mark Sarro will manage the new Boston office with Dr. Weiss. Dr. Sarro, 38, joined Point Carbon in May 2008 as a Director for Advisory Services. He brings with him more than ten years of experience in economic consulting with energy and electricity markets, as well as significant management and public policy experience. His consulting work has focused on areas such as electricity price forecasting, power market asset and contract valuation, and cost of capital estimation for regulated utilities and merchant companies. Dr. Sarro also holds a Ph.D. in Economics from Boston College.

Seeing a large amount of clean technology activity in the state from private equity, as well as support by the Massachusetts state government, Point Carbon recognized Boston as a promising place to serve as the base for its extensive consulting and advisory business. Additionally, the state is one of the driving forces behind the Regional Greenhouse Gas Initiative (RGGI) and this office gives Point Carbon a physical presence in the area.

“In many ways, Massachusetts has affirmed its commitment to innovation in clean technology based on the state’s strength in venture capital and research,” says Dr. Weiss. “Furthermore, private industry is already onboard raising significant capital to invest in green technology and renewable energy projects,” continued Dr. Weiss.

Boston is also home to world-class academics and researchers and a large talent pool of graduate and undergraduate students eager to get involved in environmental, economic, and strategic issues involving climate change. A Boston office will help Point Carbon expand its network of top experts in the field and continue to attract top research and analytical talent.

“With Boston emerging as a national leader in carbon emissions trading and green technology, Point Carbon is eager to bring its leading market expertise and client services to the region,” says Dr. Weiss.

Point Carbon’s office will be located in downtown Boston. This is Point Carbon’s second location in the U.S. Its North American headquarters are located in Washington, D.C.

For comments or further more information, please contact:

North America:
Jenna Agins
Intermarket Communications
212-754-5613
jagins@intermarket.com  

Matt Yemma
Intermarket Communications
212-909-4780
myemma@intermarket.com  

Europe:
Candida Jones
Point Carbon
+44 (0) 777 5754 763
press@pointcarbon.com 


About Point Carbon

Providing critical insights into energy and environmental markets

Point Carbon is a world-leading provider of independent news, analysis and consulting services for European and global power, gas and carbon markets. Point Carbon’s comprehensive services provide professionals with market-moving information through monitoring fundamental information, key market players and business and policy developments.

Point Carbon’s in-depth knowledge of power, gas and CO2 emissions market dynamics positions us as the number one supplier of unrivalled market intelligence on these markets. Our staff includes experts in international and regional climate policy, mathematical and economic modeling, forecasting methodologies, risk management and market reporting.

Point Carbon now has more than 15,000 clients, including the world’s major energy companies,
financial institutions, organizations and governments, in over 150 countries. Reports are translated from English into Japanese, Chinese, Portuguese, French, Spanish and Russian.

Every year, Point Carbon’s Carbon Market Insights conferences gather thousands of key players for the carbon community’s most important annual conferences. Point Carbon also runs a number of high-level networking events, workshops and training courses.

Point Carbon has offices in Oslo (Head Office), Kiev, London, Malmö, Tokyo and Washington D.C.