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Company Information for AgCert International
Company stock charts - 12 Month chart
 AIM; AGC
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Company Statement
AgCert International (AgCertTM) is a leader in the production and sale of agriculturally derived greenhouse gas (GHG) emission reductions. Headquartered in Dublin, Ireland, AgCert was founded to generate emission reductions from livestock farms to reduce the adverse impacts of greenhouse gas (GHG) emissions related to global warming and climate change. The GHG emission reductions are pooled and sold to industrial emitters, governments, funds and energy traders.
AgCert is a "mass producer" of Certified Emission Reductions (CERs), capable of generating millions of CERs annually. Through consistent application of science across nearly all geographies, we produce a large, consistent and permanent source of GHG emission reductions to address the reduction shortfalls of large emitters around the world. Our GHG reduction methodology has received approval from the CDM Executive Board of the United Nations Framework Convention on Climate Change.
Company Diagram
Anaerobic Digestion
One example of an improved animal waste management system would be an anaerobic digester. A cross section of a digester like the one shown in the above picture appears below. Digesters are designed by optimizing the retention time (typically between 22-28 days) to maximize CH4 capture.
Operations and Technology
Agriculture
According to the Intergovernmental Panel on Climate Change (IPCC) 2001 report on Mitigation and the PEW Center on Global Climate Change: Agriculture contributes to approximately 20% of global anthropogenic greenhouse gas emissions.
AgCert reduces greenhouse gas emissions on livestock farms by implementing practice changes in Animal Waste Management Systems.
Agricultural producers gain a new revenue stream that result from the sale of the emission reduction. Additional benefits include reduced odour, improved fertiliser, preventing contamination of groundwater or surface water, and reduced flies. Due to AgCert's activities on one farm, regulators that had previously closed the farm due to environmental issues allowed it to reopen.
Emission Reductions from Agriculture
Emission reductions (ERs) are created by a difference in the amount of emissions from a defined baseline. Specifically, ERs are created by improved manure handling practices such as covering a lagoon or earthen basin with a biocover or non-permeable cover, or the use of deep pit confinement buildings, or anaerobic digesters. These practices reduce the amount of methane and nitrous oxide that would normally be produced in the baseline environment. The ERs that can be marketed by this ISO standardized process are calculated by complex algorithms, unprecedented transparency of data, and rigorous quality control and verification.
AgCert aggregates ER supply not only from multiple farms, but multiple farm systems, and manages the verification, registration and liability issues. This simplifies the process for livestock producers, who ultimately reduce their risk to zero, provided they verifiably adhere to the practices that result in emission reductions. The multiple farm system aggregation process also simplifies transactions for buyers, as they are able to confidently purchase large quantities of ERs from a single seller (AgCert).
Anearobic Digestion
One example of an improved animal waste management system would be an anaerobic digester. A cross section of a digester like the one shown in the above picture appears below. Digesters are designed by optimizing the retention time (typically between 22-28 days) to maximize CH4 capture.
What is Emissions Trading?
Emissions trading, under a cap and trade policy, is an approach to controlling large amounts of emissions from a group of emitters. Emissions trading uses market forces to allow emitters to reduce emissions at costs that are lowest for each emitter’s individual circumstance.
In a cap-and-trade system, the government sets the total amount of a pollutant that can be put into the environment by an entire industry or class of emitters. The government establishes emission allowances, which can be bought and sold among companies in the industry. The only requirements are that emitters completely and accurately measure and report all emissions and then turn in the same number of allowances as emissions at the end of the compliance period.
Geographical Spread
Brazil
Mexico
Board of Directors and Key Management
| Executive Directors | |
| Gregory W. Haskell | Chief Executive Officer and Managing Director |
| Paul D'Alton | Finance Director |
| Non-Executive Directors | |
| Merrick G. Andlinger | Chairman |
| Peter Murray | Non-executive Director |
| Sir Robert Malpas | Non-executive Director |
| Dr. Franz Fischler | Non-executive Director |
Company AddressApex Building, Blackthorn Road
|
Additional Address/Key ContactUnited States Brazil Mexico |
Capital168,744,800 ordinary shares of €0.0001 pence each |
Year End31 Dec |
Nominated BrokersCode Securities Limited and ABN | Nominated AdvisorsCode Securities Limited and Hoare Govett Limited |
Major Shareholders
| Fidelity International | 18,928,982 | 11.22% |
| XL TECHGROUP, INC | 40,738,944 | 24.14% |
| ANX LLC | 5,401,894 | 3.2% |
| International Finance Corporation | 5,615,406 | 3.66% |
Related News
13/02/08 - AgCert’s Woes Clearly Illustrate The Risks Of Carbon Origination And Trading20/12/06 - AgCert Is Reducing Greenhouse Gas Emissions From Agriculture
Most Recent Statement
21/02/08 - Update on negotiations and trading suspension24/01/08 - Price Monitoring Extension
15/08/07 - Change of Company Secretary
12/06/07 - NOTIFICATION OF MAJOR INTERESTS IN SHARES
22/02/07 - Company Update