Setting the scene World Resources Institute US State Registries and Programs Background, Overview, and Perspective Presented by: Pankaj Bhatia, World Resources

Setting the scene

World Resources Institute

US State Registries and ProgramsBackground, Overview, and Perspective

Presented by:Pankaj Bhatia, World Resources Institute

WRAP, April 5 2006Salt Lake City

Setting the scene


Summary of the Presentation Topics

• Part I – Background and Context– Emissions measurement and reporting

– GHG emissions – unique aspects

– GHG management - key business drivers

– Types, relationship, and examples of different climate initiatives

– Brief overview on the GHG Protocol Initiative

• Part II – US Registries/Programs Overview– US state and national registries/program

– Key common features, differences, and issues in US registries

• Part III – Registry Collaboration and Linked GHG Programs – Emerging Need for a Multi-state Registry Collaboration

– Relationship between a Registry, Program, and Applications

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Measurement

Management

Emissions Measurement and Emissions Management

What you measure, you can manageWhat you measure WELL, you can manage WELL

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GHG Emissions Measurement and Management:Unique Context

• Not a Localized Impact– Tracking global emissions is meaningful

• No National Regulation to Facilitate Emissions Management and Reductions– Applying comprehensive measurement approaches

(e.g. direct and indirect; facility and corporate) focused on multiple management objectives (including voluntary reporting, mandatory reporting, cap and trade, reduction programs etc) becomes highly relevant

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Key Business Drivers for GHG Management

• Realize Co-benefits of Existing Programs

• Improve Investors Relationships

• Capture New GHG Market Opportunities

• Manage and Reduce GHG Risks

• Prepare for Future Regulations

• Develop New Products/Technologies

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Emissions Measurement and Management: Types of Climate Initiatives

• GHG Standards:o Set of commonly accepted concepts, terminologies, and framework

to establish a true and fair account of GHG emissions

• GHG Registries:o A database to receive and store a credible and comprehensive set

of GHG datao GHG data collected at various levels including unit/source, facility,

corporateo Based on the international standards such as the GHG Protocol

• GHG Programs:o An application using the GHG information provided by a registryo Examples: Public reporting; Cap and trade; Voluntary GHG

reduction targets; Voluntary emissions trading scheme

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Measurement

Management

GHG Registry

GHG Programs

Relationship between a GHG Standard, Registry, and Program

GHG RegistryGHG Standards

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An International GHG StandardGHG Protocol Initiative

Convened in 1998 by WBCSD & WRI

Mission: to develop international GHG measurement & reporting standards for business through an inclusive & transparent multi-stakeholder process

Published two modules: corporate standard & project protocol

Provides 16 calculation tools on the website (www.ghgprotocol.org)

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Climate Initiatives(based on or informed by GHG Protocol)

Voluntary GHG Reduction Programs U.S. EPA Climate Leaders Program

WWF Climate Savers Program

Respect Europe BLICC Program

USAID GHG Pollution Prevention Program

Climate Neutral Network

GHG Registries

California Climate Action Registry

Eastern Climate Registry

WEF Global Registry

Reporting Programs

Global Reporting Initiative

CERES Sustainable Governance Initiative

Industry GHG Protocols International Industry Associations: IAI, IISI,

IPIECA, IFFPA, WBCSD Sustainable Cement

Initiative

NZ BCSD

European, Japanese, Canadian, and Australian

Cement Industry Associations

French REGES Protocol

Trading Programs

UK and EU Emissions Trading Scheme

Chicago Climate Exchange

Other

International Standards Organization

EBRD

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Existing & Emerging U.S. State GHG Registries

California Climate Action Registry: • Approximately 71 members • Follows WRI/WBCSD GHG Protocol

Eastern Climate Registry: • 10 Northeast and Mid-Atlantic states participating - CT, DE, ME,

MA, NH, NJ, NY, PA, RI, VT • Scheduled to become operational by Fall 2006 • Follows WRI/WBCSD GHG Protocol

Midwest States (LADCO): • Six states participating in process - WI, OH, MI, IL, IN, MN• Goal to develop registry by Fall 2006• Plans to follow WRI/WBCSD GHG Protocol

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Other U.S. GHG Registries/Programs

• US EPA Climate Leaders Program– Not a GHG Registry– Designed as a Voluntary Reduction Program– Completely Based on the GHG Protocol Standards

• Chicago Climate Exchange (CCX)– Designed as a GHG Reduction and Trading program– Largely Based on the GHG Protocol Standards

• DOE’s 1605(b) Voluntary GHG Registry– Meant to serve as a GHG Registry – Final guidelines slated for release in March 2006– Criticized by industry and environmental groups as too flexible– Not Based on the GHG Protocol Standards

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Existing/Emerging US State Registries/Programs: Some Observations

• Provide a platform on measurement and reporting (i.e. serve at least one key function of a Registry)

• Support a variety of program applications including voluntary public reporting, voluntary corporate reduction targets, and cap and trade program

• Use the GHG Protocol Standards

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Multiple US State or Regional RegistriesKey Issues

• Different programs and requirements leading to:– Increased reporting burden on

businesses– De-standardization and uncertainty

• Reinventing the wheel leading to:– Waste of resources– Delay in the launch of new programs

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A Multi-state GHG Registry Collaboration withLinked GHG Programs

• Primary Goal of the Multi-state Registry Collaboration Receiving and storing a credible and comprehensive set of GHG information prepared based on the international standards such as the GHG Protocol

• Primary Goal of GHG programs Developing and implementing city, state, regional, or national applications using the information provided by such a registry

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Multi-state GHG Registry

National Programs

StatePrograms

RegionalPrograms

CityPrograms

VoluntaryEntity Reductions

Mandatory Cap & Trade

Registry, GHG Program, and Potential Applications – Long-term Vision

Offset ProjectsVoluntary

Reporting

Voluntary Cap & Trade

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• Multiple Objectives – Support a wide range of applications including voluntary programs,

efficiency standards, RPS etc.

• Integrated Emissions Quantification– GHGs, Energy Use, Other Criteria Pollutants (Sox, NOx, etc.)

• Broad Emissions Assessment– Direct, Energy use indirect, and Other indirects

• Multi-level Entity Reporting – Allow tracking at unit/source, facility, and company levels

• Linkages with GHG Programs– Facilitate data transfer and applications

Long-term Relevance and Evolution in the Design of Registries - Summary

Setting the scene


Questions?

Contact Information:

Pankaj BhatiaManager, GHG Protocol Initiative (www.ghgprotocol.org)

World Resources Institute, Washington DC, USA

[email protected]

1-202-729-7629

Documents

Setting the scene World Resources Institute US State Registries and Programs Background, Overview, and Perspective Presented by: Pankaj Bhatia, World Resources