If President Elect Barack Obama stays true to his campaign promises, federal cap and trade legislation may soon become a reality. In light of this, companies are competing to become the EPA ‘feeder’ greenhouse gas registries of choice. One company of note is the non-profit, American Carbon Registry. With 25 million registered offsets and stamps of approval from both Fortune 500 companies like Nike and mission-driven institutions like the World Bank, the American Carbon Registry enters the pre-compliance market as a leading domestic registry.
“American Carbon Registry is an imprimatur for low risk and high quality. We add value by helping our members position themselves to earn early-action credit towards future federal and international GHG regulatory programs,” says Wiley Barbour – Founder and Chief Technical Officer.
The American Carbon Registry also offers the publication of the American Carbon Registry Standard, which details “GHG accounting principles as well as carbon offset and corporate GHG inventory eligibility requirements. Forestry and Agriculture sector standards will be released this year as the first in a series of sector standards that will be published by early 2009 to complete a full range of easy-to-use protocols for its members.”
To ensure high quality offsets, the Registry will only accept projects that meet its own offset eligibility criteria and allows the use of other quality methodologies in the market including Clean Development Mechanism (CDM), U.S. EPA Climate Leaders, the European Voluntary Carbon Standard (VCS) and WRI/ WBCSD GHG Protocol.
Photo Credit: By Photo Credit: readygolfer via Flickr’s Media Commons
Via: (American Carbon Registry)