Emission Reduction Project Development
We have helped implement innovative solutions to reduce greenhouse gas (GHG) emissions, ranging from energy-efficiency projects in the pulp and paper sector to methane venting emission reductions in the upstream oil and gas industry.
Many jurisdictions support voluntary emission reductions, which are formalized via marketable and tradable carbon offsets. Many organizations are voluntarily seeking ways to reduce their GHG emissions and carbon footprint to meet regulatory obligations, take advantage of economic incentives, or meet social responsibility objectives.
Emission Reduction & Removal Process
GHG emission reductions or removals must be quantified, tracked, and recorded in a credible and verifiable way, and this is done differently in each jurisdiction. In Alberta, Brightspot’s experts have worked with a number of clients to develop emission offset projects within the Alberta Emission Offset System. The general process for implementing an emission reduction project to generate emission offsets (also known as carbon credits) is summarized in the following steps: