A carboxylic-intercalated and hydrogen peroxide oxidized graphite compound composition for the production of exfoliated graphite, flexible graphite, or nano-scaled graphene platelets, said composition consisting of a layered graphite with interlayer spaces or interstices and a carboxylic acid residing in at least one of said interstices, prepared by an electrochemical reaction which uses a carboxylic acid as both an electrolyte and an intercalate source, wherein said carboxylic acid comprises a member other than formic acid wherein the layered graphite is selected from graphite fiber, graphitic nano-fiber, graphite fluoride, or a combination thereof, and wherein the carboxylic acid is an environmentally benign carboxylic acid selected from the group consisting of aromatic carboxylic acid, aliphatic or cycloaliphatic carboxylic acid, straight chain or branched chain carboxylic acid, saturated and unsaturated monocarboxylic acids, dicarboxylic acids and polycarboxylic acids that have 2-10 carbon atoms, alkyl esters thereof, anhydrides thereof and combinations thereof and wherein reintercalation of the compound one time with the carboxylic acid yields nano graphene plates having an average thickness less than 30 nm.