Finite Carbon Promotes Sean Carney to President, Adds to Advisory Board

WAYNE, PA. October 26, 2011

Finite Carbon Corporation, the forest carbon development company that provides a single-source solution for creating and monetizing carbon credits, announced today that Sean Carney has been promoted to President. Scott Nissenbaum, Founder, will move to the advisory board with a focus on strategy.

Sean Carney is one of the original founding employees and has helped build Finite Carbon into the market leader for U.S. forest carbon offset development. He has managed several roles over the past two and a half years including origination, transaction services, policy analysis, and strategic projects.

Prior to joining Finite Carbon, Sean was a broker at CantorCO2e, an emissions brokerage subsidiary of Cantor Fitzgerald, where he specialized in the U.S. carbon market. At CantorCO2e he worked with clients to facilitate structured transactions of carbon offsets from projects involving forestry, livestock management, landfill gas and renewable energy. Prior to CantorCO2e, Sean was one of the first employees of Carbonfund.org, which has become the largest carbon offset retailer in the United States. There he worked with corporations such as Dell, Volkswagen and Orbitz to create carbon neutral programs and managed the financing and development of the third reforestation project in the world to be validated to the Climate, Community, and Biodiversity Standard (CCBS).

“As a carbon market veteran, Sean has deep domain expertise and unmatched forest carbon market experience that make him the ideal candidate to provide ongoing leadership for the company.” said Robert Verratti, Chief Executive Officer of Finite Carbon.

Scott Nissenbaum, Founder and former President of Finite Carbon, will take a leadership role on the Finite Carbon Advisory Board. “Sean’s promotion couldn’t be better timed. The recent approval of ARB’s cap-and-trade rules has created an unprecedented opportunity for the growth of the company.”

About Finite Carbon Corporation

Finite Carbon is the country’s No. 1 forest carbon developer based on offsets under contract and overall acreage assessed. It provides landowners with a single-source, end-to-end solution to create and monetize carbon offsets. Solely focused on forest carbon, the company was founded in 2009 by forestry and finance experts, and offers the most comprehensive forest carbon project development and commercialization service in the country. Finite Carbon, which has to date secured contracts for 2.2 million carbon offsets, valued at $20 million, is headquartered in Wayne, Pa., and has offices in San Francisco, CA, Cherry Creek, NY, Williamsport, PA, and Tallahassee, FL.

BONAFIDES
+ 8 professional foresters
+ Issued nation’s first California     ARB forest carbon offsets
+ Developed the first land trust,     TIMO, and REIT improved forest     management projects for CA ARB     emissions trading program
+ Developing 32 ARB IFM projects     on 2.5 million acres of US forests
+ Active member of the Society of     American Foresters, Association of     Consulting Foresters, Land Trust     Alliance, Forest Guild, and Forest     Landowners Association
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ABOUT FINITE CARBON

ABOUT FINITE CARBON

Project Success. Read about our best-in-class forest carbon project experience. Read more >

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