Climate Action News

December 2008


-December Quote-

Another trend that has continued unabated…is the flight to quality, representative of an overall maturation of the market as well as the increasing role of pre-compliance activity in the voluntary markets. This is demonstrated in the reported volume of CCAR and Gold Standard credits, which account for 58% of the volumes tracked.

– New Carbon Finance, Voluntary Carbon Index, November 14, 2008

 

In This Issue

Message from the President
Landfill protocol update adopted
Save the Date: Annual Conference, April 2-3

Climate Policy Conference Call
New Staff Welcomed

Calendar of Events

December 3: Intro to the Climate Action Reserve

December 4-5:

Lead Verifier Training for Landfill and Livestock Project Protocols

December 11: Climate Action Reserve – Project Developer and Verifier Training

December 16: Reporting Orientation

December 18:

Climate Policy Conference Call (members only)

January 24-25: Go Green Expo, CA Registry Panel

Facts & Figures

Total accounts open in
the Climate Action Reserve: 48

Total Projects: 26

 

 

 

Message From the President

Dear Friends and Colleagues,

As we head into the final month of 2009, I am proud of all that we have accomplished this year with our members, partners and other colleagues.

In staying true to our mission, we are continuing to represent our members and their interests as we begin the transition of entity GHG emissions reporting to our sister organization, The Climate Registry. Climate change is a global issue, and the debate is moving to Washington. The Climate Registry, which covers all of North America, is a more comprehensive opportunity for members to demonstrate leadership by reporting their emissions on a broader scale and engaging in the national policy debate.

Also, in 2008 we successfully launched the Climate Action Reserve to provide the registration and tracking of offset projects and their associated emission reductions from activities throughout the U.S. The Reserve has quickly established itself as the standard for high quality and integrity in the voluntary carbon market. This fall, independent reports cited the Climate Action Reserve’s carbon credits, Climate Reserve Tonnes (CRTs), as ranking in the top tier of all credits in the market and the market value has remained steady in recognition of their strong foundation. More CRTs are anticipated to be issued before the year end, with a number of projects now in the final stages of verification and registration.

This year truly has been exciting and together we have accomplished much. We look forward to greater successes and achievements in 2009, and I thank each of you for your commitment to addressing climate change. On behalf of the entire team at the California Registry, I would like to wish you a safe, healthy, and happy holiday season!

Sincerely,

 

Gary Gero

President

California Climate Action Registry

 

 

 

 

 

 

 

 

Congratulations to 2008 Climate Action Leaders!

 

 

AES
AT&T
Better World Group
California Department of Finance
Clif Bar & Co.
City of Sacramento
City of Ventura
Corning
Covanta Energy Corporation
Dynegy Moss
Dynegy Oakland
Eastman Kodak
Hilmar Cheese Company
LACCD
LADWP
Marin Sanitary Services
Metropolitan Water District of Southern California
New Resource Bank
NRDC
Pacific Forest Trust
Port of Los Angeles
Qualcomm
Republic Services
Signal Hill Petroleum
TAMCO Steel
Terra Global Capital
TST
United States Tile Company
Valero Refinery
Zone 7 Water Agency
View all Climate Action Leaders

 


Join us for the Introduction to the Climate Action Reserve webinar December 3!

Introduction to the Climate Action Reserve
Wednesday, December 3, 2008
10:00 AM – 11:00 AM PST

Space is limited for this free webinar. Reserve your spot now!
The Climate Action Reserve, a program of the California Climate Action Registry, ensures the environmental integrity of greenhouse gas (GHG) emissions reduction projects and instills confidence and credibility in the U.S. carbon market. It does this by establishing respected reduction project protocols and registering and tracking GHG reduction projects and carbon credits. The Climate Action Reserve has earned recognition as one of the most highly valued offset registries in the U.S., and now its reach has expanded to the global carbon offset market.

Join this webinar to learn more about the Climate Action Reserve, including:

  • How protocols are developed
  • Current protocols and those in development
  • The Reserve’s approach to calculating GHG reductions
  • Opening an account
  • Registering projects
  • Verification
  • Trading

This webinar is designed for project developers, potential buyers, brokers and everyone with an interest in the Reserve and the carbon offset market. The presentation will last approximately 45 minutes with a 15 minute Q&A session following. After registering, all attendees will receive a confirmation email containing information about joining the webinar. For more information about this webinar or the Climate Action Reserve, please contact Kristen Garcia at kgarcia@caclimateregistry.org.
Attendees will need one of the following system specifications: PC-based attendees Required: Windows® 2000, XP Home, XP Pro, 2003 Server, or Vista Macintosh®-based attendees Required: Mac OS® X 10.4 (Tiger®) or newer

California Registry Board adopts landfill protocol update

At its November 17 meeting, the California Registry Board of Directors adopted version 2.0 of the Landfill Project Reporting Protocol. Revisions included:

* Update of the Non-Methane Organic Compounds (NMOC) threshold analysis
* Allowance for open flares to be used as a methane destruction device
* Formatting adjustments to the emission reductions quantification methodologies

The revisions were largely based on feedback received after the first version of the protocol was adopted November 2007. For additional information on the Landfill Project Reporting Protocol, please click here.

Save the Date: Navigating the American Carbon World, April 2-3

Mark your calendar now: April 2-3, 2009 has been announced as the dates for the California Registry’s annual conference, Navigating the American Carbon World. This conference will be co-hosted by the California Registry, Point Carbon and the International Emissions Trading Association (IETA). Through this landmark partnership, an unparalleled level of industry expertise, depth and involvement will be supporting the conference, which is anticipated to be the premier carbon market event of the year.

An impressive lineup of speakers is currently being assembled, and they will be speaking on topics under four featured streams:

* Innovative Solutions and Reductions

* Update on Carbon Markets

* California and Western Initiatives

* National and International Policies

The conference will again be held at the San Diego Marriott Hotel and Marina. For additional information, please click here.

 

ARB Deputy Exec Officer joins next Climate Policy Conference Call

The California Registry’s next Climate Policy Conference Call will feature Air Resources Board (ARB) Deputy Executive Director Lynn Terry, who will provide an overview of the ARB scoping plan and discuss the role of California Registry members and the Climate Action Reserve.

ARB released the final scoping plan for achieving greenhouse gas (GHG) reductions outlined in AB 32, the state’s climate change mandate, on October 15. This completed a two-year drafting process since Governor Schwarzenegger signed the bill into law. The core of the blueprint proposes cutting emissions to 1990 levels by 2020, with an overall increase in renewable energy to 33 percent of the state’s power mix. To achieve these goals, the state will use a hybrid approach that combines a cap-and-trade system and direct regulation. ARB is expected to vote on the plan in December.

The conference call is scheduled for Thursday, December 18 10:00am – 11:30am PST. For more information, please contact Laura Zahn at laura@caclimateregistry.org or 213.542.0298. To register, please click here.

New Staff Welcomed

This month, the California Climate Action Registry welcomes its newest teammate, Tatiana Hernandez!

Tatiana joins the California Registry team as Event Manager. She will be managing activities for events with her primary focus being the annual conference, Navigating the American Carbon World. She also will plan logistics and activities surrounding member meetings and Climate Action Institute events. In her professional career, Tatiana has worked exclusivly at NGOs. Prior to the California Registry, she worked at Relief International and Fulfillment Fund (Los Angeles) and Best Buddies International (Miami). Tatiana gratudated from The George Washington University with a B.A. in International Relations. She can be reached at tatiana@caclimateregistry.org.