1,075 Carbon Credits (CCs) were sold to BEF @ $6.25/CC.
This sale resulted in $6,718.75 being added to the Carbon Credit Sales Fund.
An email explaining the sale is attached below.
An email with transaction information is attached below.
Helen Coleman and Evan De Lucia approved $5,000 of funding from the Carbon Credit Sales Fund for Legal Counsel for Solar Farm 2.0 Request for Proposal (RFP).
An email of approval is attached below.
Second Nature transferred $236,175.00 to UIUC's Carbon Credit Sales Fund for the sale of 37,778 vintage CCs to BPTN @ $6.25/CC.
An email containing the transaction information is attached below.
Evan De Lucia and Helen Coleman approved $70,000 of funding from the Carbon Credit Sales Fund for Campus Tree Inventory.
The emails of approval are attached below.
Helen Coleman declined the purchase of 10,000 $7.14 offsets for the virtual storeroom.
"I do not understand why we should buy $7.14 offsets instead of more $0.40 offsets, especially when we sold our original carbon credits for $6.75." -Helen Coleman (12/05/2017)
An email with more information is attached below.
1. Confirmation of receiving $123,727.50 on 06-27-2017 for a partial sale of the 2016 carbon credits
2. "We bought more than originally was planned, so the actual cost was $48,532 rather than $41,200. The $48,532 was paid out of our CFOP#: 1-100018-508000-508001 on July 21, 2017 Document #: I6801799" - Eugenie Kokini (11-13-2017)
An email with more information is attached below.
On May 25, 2017, Helen Coleman sent an email to Morgan Johnston containing her approval for the start-up costs for the Second Nature Carbon Credit agreement.
A screenshot of the email is attached below.
The "invitation for bid" for our campus's purchase of offsets (both to replace those we sold to BPTN, and also to open our "offsets storeroom") has now been released, and bids will be opened in mid-April.
The estimated cost of $2-3/Carbon Credit has been approved by Director of iSEE Evan DeLucia and Interim Executive Director of F&S Helen Coleman for buying 10,000 additional carbon offsets, when purchasing the 103,000 replacement offsets from the carbon credits sold from 2015. The additional carbon offsets will be used as the initial inventory for a new Virtual Storeroom for carbon offsets being developed by iSEE for on campus users.
An email of approval is attached below.
The State Purchasing Officer recommends a single quantity for the Request for Proposals for buying Carbon Offsets. F&S and iSEE are considering the use of Carbon Credit (CCs) sales funding for the start-up inventory of 10,000 CCs for the Virtual Storeroom for Offsets.
iSEE is working with the Purchasing Division to publish a Request for Proposals (RFP) to purchase carbon offsets. These will include replacement offsets for the 2015 Carbon Credits (CCs) sold, and an option to purchase an additional 10,000 CCs to start an internal virtual storeroom for voluntary departmental offsets.
Helen Coleman and Evan De Lucia approved an increase in the PO to $55,799 to pay Second Nature in exchange for their services with the transaction of Carbon Credits with BPTN.
An email of approval is attached below.
Morgan Johnston and Brett Pasinella emailed about the Retirement Language for BPTN RFP, and F&S confirm approval for the Chevy funds to go toward the Second Nature Purchase Order.
An email with more information is attached below.
University policies about sustainable purchasing are derived from state requirements. https://www.procure.stateuniv.state.il.us/dsp_procurerules.cfm check Article 45, section 45-15 onward.
Approval was given to sell $5/ton to Chevy.
"The campus will provide at least a 50% match of funds to go with the Chevy funds" -Michael Andrechak (03-04-2022)
An email with more information is attached below.
