Press Release: Hamptons Luxury Homes Carbon Offsetting Program

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Hamptons Luxury Homes and Telemark Achieve Second Consecutive Year of Carbon Neutrality

Continue Commitment with Purchase of Offsets Supporting Run-of-river Hydroelectric Project

The press release that follows appears courtesy of the PR Firm handling such materials for the company mentioned in this release. It appears in its entirety.

Hamptons Luxury Homes

Hamptons Luxury Homes

Bridgehampton, NY (January 11, 2011) – Hamptons Luxury Homes (PINK:HLXH) today announced that for a second consecutive year, it has offset 100 percent of the greenhouse gas emissions generated by the company and all of its subsidiaries, including Telemark, Inc., the ultra-luxury builder on Long Island. The announcement was made by Frank Dalene, president of Telemark, who is also VP and CFO of Hamptons Luxury Homes.

“Continuing to be carbon neutral is extremely important for us and reflects our commitment to improving our environment and we believe it is the only way to scientifically define a business as green,” said Dalene, who has been a leader in the green building movement, initially in the Hamptons where he was the driving force behind the formation of the Hamptons Green Alliance (www.hamptonsgreenalliance.org) and later as a spokesperson for the green movement as it relates to building practices through his presentations throughout Europe and the Far East.

Hamptons Luxury Homes and Telemark, Inc.’s Frank Dalene

Dalene, the developer of a unique methodology that can calculate and index the embodied carbon footprint of manufactured products and buildings by the application of sciences established as a result of the Kyoto Protocol, the Greenhouse Gas Protocol and other similar efforts, called ICEMAN (International Carbon Equivalent Mechanism Attributed to Neutrality), noted that this is the second year in a row that the company has offset its carbon footprint to become carbon neutral. “As a result, we continue to support important environmental initiatives.”

Hamptons Luxury Homes again retained the firm of Verus Carbon Neutral of Atlanta, to conduct an audit of its business and to calculate the Carbon Dioxide Equivalent (CO2e) footprint of the company and its subsidiaries. Based on the information that the company provided to Verus Carbon Neutral, the annual Scope 1 – Scope 3 CO2e footprint for Hamptons Luxury Homes is 142 metric tons, a decrease from last year’s 156 metric tons. Twenty four percent of the emissions came from the burning of fossil fuels, which was 35 metric tons of CO2e, primarily from the use of 3,046 gallons of heating oil, common in the northeastern U.S. The company’s electricity use resulted in only 19 metric tons, a significantly lower level than average for an office of Hamptons’ size and its location in a lower carbon electric grid. And the largest contributor, transportation, at 72 metric tons, was the same as it was last year.

Hamptons Luxury Homes decided to offset that footprint with the purchase of 142 metric tons of CO2e offsets through Verus, in effect offsetting 100% of their carbon dioxide equivalent emissions and becoming carbon neutral. “We decided this year to do this through the purchase of offsets from the Rocky Reach Hydro Project, located in north central Washington State on the Columbia River,” explained Dalene. He noted that this run-of-river project is one in which people throughout the Northwest benefit from clean, renewable energy produced at Rocky Reach. “The project is a first-of-its-kind juvenile fish bypass system completed in 2003 to help young salmon and steelhead on their way to the ocean. The environmental differences between a run-of-river and conventional hydroelectric power are dramatic.” According to Dalene, conventional dams create methane, a potent greenhouse gas that backs up organic matter and floods huge tracts of land that were once home to CO2-absorbing trees. “Run-of-river projects use the natural flow of water caused by changes in elevation, thereby eliminating greenhouse gas creation.”

Hamptons Luxury Homes and its subsidiaries are national leaders in the construction industry by becoming carbon neutral two consecutive years with a commitment to continue doing so. As a result of this and awards received for green building projects, the company is at the forefront of green building in the New York area.

About Hamptons Luxury Homes

Hamptons Luxury Homes (www.hlxhomes.com) is a regional construction services company that builds and maintains custom homes, luxury vacation homes and ultra-luxury estate homes throughout the eastern end of Long Island, New York, with its principal offices located in Bridgehampton, New York. The Company’s wholly-owned subsidiary, Telemark Inc., is a nationally recognized and award-winning ultra-luxury homebuilder. The Company maintains an industry leading reputation for construction of luxury vacation homes from foundation to completion, with values ranging up to $60 million.

Hamptons Luxury Homes combined ultra-high quality materials with old-world craftsmanship to create the ultimate in luxury homes with outstanding aesthetic appeal. Already a recognized and well-established entity in the exclusive environs of the Hamptons on Long Island, the company intends to expand into similar luxury markets in the United States. The Company’s other wholly-owned subsidiaries include: Telemark Service and Maintenance, Inc., which provides ongoing property management, maintenance and services; Bridgehampton Millwork, Inc., which manufactures and installs custom millwork, customer cabinetry, custom built-ins and furniture.

(Photo Via: SkyscraperCity)

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