Camco Group (Camco) is pleased to announce that it has achieved registration of its first Gold Standard project, which is only the second Gold Standard Verified Emission Reduction project to ever be registered in China. The wind power project is expected to generate 120,000 tonnes of greenhouse gas (GHG) emission reductions per year, and the carbon credits generated from 2008’s emissions reductions have already been sold to Aviva plc.The Gold Standard Foundation is a non-profit organization which registers projects that reduce GHG emissions in ways that contribute to sustainable development and certifies their carbon credits for sale on both compliance and voluntary offset markets. Camco is delighted to see that its first Gold Standard project has been registered. We have been working with the Foundation for many years, and look forward to bringing several additional Clean Development Mechanism and Verified Emission Reduction projects through the Gold Standard process. Jeff Kenna, Camco's Chief Executive OfficerThe registered project is Bailingmiao Phase 1, a 50 megawatt wind power project located in Inner Mongolia, and owned by Honiton Energy. Camco is currently cooperating with Honiton Energy to complete the carbon asset development on three large wind energy projects in China. Honiton Energy is China's fastest-growing foreign owned alternative energy provider, and currently owns the rights to five extensive sites for wind power projects in China's Inner Mongolia region. With the potential to produce up to several hundred megawatts of wind power each, the projects could power millions of homes, and potentially reduce emissions by several million tonnes of carbon dioxide over their lifetime. The emission reductions generated from the Bailingmiao Phase 1 project in 2008 have been sold to Aviva plc, the world’s fifth largest insurance company, and the largest in the UK. Zelda Bentham, Group Environment Manager, Aviva plc, commented: Aviva is delighted to have worked with Camco in the purchase of these Gold Standard credits. In 2006 we were the first insurer to start offsetting all our unavoidable operational emissions on a worldwide. Although we have reduced our footprint by 6.6% since 2007, we rely on the purchase of voluntary carbon credits to help us address our responsibility in this area. The credits purchased and retired into the Gold Standard Registry will offset the majority of our 2008 emissions. Zelda Bentham, Group Environment Manager, Aviva plc