Q: What are “Carbon Offset Securities?”
A: An Entrex Carbon Market “Carbon Offset Certificate” is an exempt Regulation D Security with each securitized certificate representing 1,000 serialized carbon offsets. Each offset represents 1 Metric Tonne of carbon emissions avoided; therefore, each certificate represents 1,000 Metric Tonnes of avoided carbon emissions. Securities are issued and sold pursuant to Regulation D regulations of the United States Security and Exchange Commission and Financial Industry Regulatory Authority. Corporations that want to purchase and retire carbon offsets may purchase the Carbon Offset Certificate on the Entrex Carbon Market platform to meet their regulatory or corporate voluntarily offset requirements based on the Cap and Trade Markets (WCI or RGGI) and/or the company’s Scope 1 and 2 Audit Results before claiming “Carbon Neutrality.” All of the carbon-offset projects that are shown for sale on the Entrex Carbon Market meet the following requirements:
(1) Must use a United Nations Framework Convention on Climate Change (UNFCCC) Clean Development Mechanism (CDM) Methodology
(2) Proof of Chain of Custody of ownership of the offsets
(3) Project offsets are exclusive to the Entrex Carbon Market (offsets cannot be listed elsewhere)
(4) Project must be listed on an approved registry that meets UNFCCC standards, such as but not limited to: VERA, ACR, etc. for Compliance or Voluntarily markets.
Q: Are Securitized Carbon Offsets different than the OTC Offsets?
A: Yes, OTC offsets rarely if ever offer the same level of due diligence. (No chain of custody, UNFCCC regulations, or ISO 14001)
Q: What is the difference between the OTC market, other exchanges, and Entrex Carbon Market?
A: Each trade on the Entrex Carbon Market is managed and overseen by FINRA, the Regulator for the SEC. Our technology manages origination through placement and secondary trading on behalf of the Issuer, Regulated participants and Buyers. Issuer Due Diligence and the final Securitized Serial Numbers of the Carbon Offset Project are all managed and traded via regulated entities – providing comfort that regulators’ oversight protects the buyers/investors. This often eliminates the need for the cost-prohibitive level of due diligence necessary in non-regulated marketplace and exchange transactions.
Q: When I purchase your Securitized Carbon Offsets can I see how much money is going to support the offset project?
A: Yes, the contract documentation is on the platform
Q: Can Individuals have an account on the Entrex Carbon Market or is it just companies?
A: Individuals may contact Entrex to get an account
Q: Is there an electric wallet for my carbon offsets?
A: No. They are not transportable off the web platform.
Q: Is Entrex working with any credit card companies or banks where I can use my credits to offset my carbon footprint when I buy gas, pay my utility bills, or book airline and plane tickets?
A: Not currently, but programs are in the works.
Q: What are Entrex’s trading hours?
A: 7AM EST to 10PM PST currently.
Q: Do I need to open up separate accounts on Entrex to trade different markets?
A: No, all Carbon Offset Issuers trade within the single marketplace allowing Western Carbon Initiative (WCI), Regional Greenhouse Gas Initiative (RGGI), Voluntary Market, CORSIA, and the EU Market all can be traded under the same account.
Q: How do I fund my Entrex account and how long will it take to reflect in the account?
A: ACH or wire transfer. ACH arrives 2 to 3 business days, wire arrives in 24 hours.
Q: Can I withdraw the money from my account, and what is the cost to withdraw money?
A: Yes. Banking info and transfer method must be provided. The only cost is associated banking fees.
Q: When do trades close/settle?
A: All trades currently settle and close as soon as regulatory compliance is finished, typically daily.
Q: Will I be able to trade on the Entrex Carbon Market?
A: Yes. Owners of Carbon Offsets purchased on Entrex can sell them pursuant to the terms and conditions of Reg D resales.
Q: How can I gain help and education on the Entrex Carbon Market platform?
A: We have made the trading platform similar to what traders would expect. Issuers interested in listing their offsets may call Entrex or our Market Members.
Q: How do I see what is currently for sale and its pricing on the Entrex Carbon Market?
A: It is available on www.EntrexCarbonMarket.com and is shown in real-time.
Q: How do I view the different compliance markets and the voluntary market and associated pricing and availability?
A: Compliance offsets are labeled as such. If offsets are not labeled as compliance-grade, they are voluntary.
Q: How can a group of small businesses setup an account on the Entrex platform? Is there a discount or group price for an account?
A: Contact an Entrex Market Member or call us directly.
Q: Can you provide a carbon footprint calculator on the Entrex web platform that meets the ISO 14001 – 2015 Standard to help me determine the number of Securities I need to purchase?
A: Our calculator is a subscription service and can be found here.
Q: How do I retire the securities when I use the offsets? Do I receive proof of retirement? If so how?
A: To retire offsets purchased on the platform you simply select “retire” within your Owner Portal or notify your Market Member to retire offsets on your behalf. Each retirement retires a certificate representing 1000 Tonnes of Carbon and notifies the registry accordingly.
Retirement of Offsets must be executed with 14 days of use and shall be confirmed via email.