Emission Reduction Project Development
We help organizations 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:
Develop a GHG reduction project plan to document how the project will achieve GHG emission reductions and meet the relevant program requirements.
Publish the project plan on a public registry. In Alberta, this registry is hosted by CSA Group.
Implement (i.e., construct, commission, and operate) the project.
Measure data during the first reporting period. The reporting period may be any length, but it is typically one year.
Collect data that was recorded during the reporting period and quantify the emission reduction.
Prepare a project report. This document details the actual implementation of the project, including if there were any deviations from the project plan. It also states the GHG statement (i.e., the total stated emission reduction).
Engage a qualified verifier to verify the project report, GHG statement, and supporting documentation.
Submit the project report and verification report to the registry for credit registration. Once registered, the credits may be sold or transferred.
