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NEW FRONTIERS IN CLIMATE ACTION
© 2011 EOS Climate. All rights reserved.
OZONE DEPLETING SUBSTANCES PROTOCOL
Climate Action Reserve WorkshopSeptember 2011
© 2011 EOS Climate. All rights reserved. 2
GLOBAL WARMING POTENTIAL OF ODS [GWP]
CO2
1 GWP
CFC-114,750 GWP
CFC-1210,900 GWP
FOAMBLOWING
AGENTRefrigerators
BuildingsAutomobiles
FurniturePackagingMany More
REFRIGERATION&
AIR CONDITIONERS
Vapor Compression:
Refrigerator CabinetRefrigerator Room
Office BuildingWarehouse
© 2011 EOS Climate. All rights reserved. 3
REMAINING ODS BANKS = “SIGNIFICANT CLIMATE THREAT”
Montreal Protocol stops at production of CFCs and other ODS
Kyoto Protocol does not include ODS
ODS produced prior to their phase out deadlines remain in legal use
In US and many other countries, no controls over emissions at end of life
© 2011 EOS Climate. All rights reserved. 4
OZONE DEPLETING & GLOBAL WARMING POTENTIALS
(ODP) (GWP)
Equal mass amounts
© 2011 EOS Climate. All rights reserved. 5
ODS: BUSINESS AS USUAL
CLIMATE CHANGE
OZONE DEPLETION
HALOCARBONs
USE & BANKS PRODUCTION
Business as usual scenario all ODS is emitted
© 2011 EOS Climate. All rights reserved. 6
IPCC/TEAP 2005-2010
“If over the next two decades the emissions of all ODS in banks were prevented, the direct, positive radiative forcing would be equal to approximately 3-4% of the total radiative forcing from all anthropogenic GHG emissions over the same period. “
“Without immediate action, reachable banks will emit approximately 6 billion tons of CO2 equivalent by 2015--- offsetting and surpassing the 5 Gt CO2 eq reduction sought during the first commitment period of the Kyoto Protocol.”
© 2011 EOS Climate. All rights reserved. 7
CARBON FINANCE PROVIDES INCENTIVES
Two ODS destruction protocols approved by CAR (Feb 2010):
1. CFC refrigerants and foam blowing agents originating in US (Domestic)**
2. CFC refrigerants originating in Article 5 countries
• Both protocols require destruction in US ** ARB adopted domestic protocol for AB 32 offsets
© 2011 EOS Climate. All rights reserved. 8
ELIGIBILITY FOR DOMESTIC PROJECTS
Location ODS must be sourced and destroyed in U.S. or its territories
Project Start Date Destruction within 6 months of project submission
Additionality Legal test: Montreal Protocol and U.S. law limit production and intentional release of ODS, but no requirements for destruction
Performance standard: Destruction rare
Regulatory Compliance 99.99% destruction efficiency RCRA/Clean Air Act permits
© 2011 EOS Climate. All rights reserved. 9
DOMESTIC ODS PROJECT DEFINITION
Only eligible for gases completely phased out of production:
− CFC-11, CFC-12 refrigerant or foam − CFC-114, CFC-115 refrigerant − HCFC-141b foam blowing agent − Excludes halons
All ODS destroyed within a twelve month period at a single destruction facility
© 2011 EOS Climate. All rights reserved. 10
QUANTIFYING EMISSIONS REDUCTIONS
Emission reductions = [Baseline-Project] emissions
Baseline emissions account for: Refrigerant-specific leak rates Foam blowing agent attenuation in landfills
Project emissions include: Transportation Energy at destruction facility Replacement refrigerants
10 year crediting period
© 2011 EOS Climate. All rights reserved. 11
PROJECT OPERATIONS AND MONITORING
ODS Origin and Chain of Custody Equipment/location Container IDs, weight Technician IDs Custody/Ownership
Transport and transfer of ODS Mode of transport, vehicle miles, etc
Preparation for destruction Mixing Purification Mass/composition
Destruction unit operating parameters Feedrate, temperature/pressure, continuous emissions,
energy inputs 99.99% destruction efficiency
Instrument calibrations
© 2011 EOS Climate. All rights reserved. 12
EOS SYSTEM: SCALABLE TO MEET MARKET DEMAND
EOS Climate integrates scientific & operational expertise with best in class business partners and cutting edge technologies to create the world’s first GHG emission reduction system
© 2011 EOS Climate. All rights reserved. 13
Hudson Technologies Inc
Clean Harbors Environmental Services, AR.
PROJECT OVERVIEW - APPLIANCES
JACO Environmental
© 2011 EOS Climate. All rights reserved. 14
NATIONAL OPERATIONS - LOGISTICS
© 2011 EOS Climate. All rights reserved. 15
STEP 1: EXTRACT R12 OUT OF THE COMPRESSOR
JACO Environmental
JACO Environmental
© 2011 EOS Climate. All rights reserved. 16
STEP 2: FURTHER PURIFICATION & BULK STORAGE
Hudson Technologies, Inc.
Hudson Technologies, Inc.
© 2011 EOS Climate. All rights reserved. 17
Step 3: How much was destroyed?
Clean Harbors Environmental Services, Inc.
Clean Harbors Environmental Services, Inc.
© 2011 EOS Climate. All rights reserved. 18
ODS DESTRUCTION PREVENT BAU EMISSIONS
CLIMATE CHANGE
OZONE DEPLETION
HALOCARBONs
USE & BANKS PRODUCTION
BUSINESS AS USUAL
ODS OFFSETReclaimed ODS is destroyed, creating a verifiable and permanent emission reduction. EOS Climate is recognized as pioneer of ODS destruction in carbon markets.
Reclaimed ODS is reused in older equipment, and ultimately leaked.
© 2011 EOS Climate. All rights reserved. 19
EOS CLIMATE – RESULTS DELIVERED
1st company to deliver domestic CRTs
Delivered over 1,500,000 CRTs
Repeated this accuracy 12 times for all eligible domestic ODS from both commercial & residential sources.
Variance <0.0001 by 3rd party analysis Destruction to issuance < 3months
Merchandizing and financial partnership with Cargill
Sold to voluntary and compliance buyers seeking permanent emissions reductions.
NEW FRONTIERS IN CLIMATE ACTION
© 2011 EOS Climate. All rights reserved.
THANK YOU.
Saskia Feast, Ph.DVP Business DevelopmentEOS [email protected]
Arjun PatneyCarbon Market [email protected] 952-984-5521
