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Natsource Asset Management Corp., a wholly owned subsidiary of Natsource LLC, launched its Greenhouse Gas Credit Aggregation Pool (GG-CAP).  GG-CAP is the world's first entirely private sector mechanism designed to assist firms and governments manage their European Union Emissions Trading Scheme and Kyoto Protocol requirements to reduce greenhouse gas emissions.  GG-CAP will manage the purchase of a large pool of project-based emission reductions which GG-CAP participants can utilize for compliance.  The six initial members of GG-CAP are Japanese, European and Canadian companies in the electricity generating, chemical manufacturing, oil and gas production and gas transmission and distribution businesses.  At the first launch, EURO72 million (approximately US$95 million) had been committed by participants and Natsource indicated that it anticipated an increase to almost EURO100 million by March 31, 2005, subject to participants' final approval processes. 

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2005