Josh Burke FRSA’s Post

Excellent paper here and agree with the steps proposed and the extreme high quality thresholds proposed as well as the strategies for dealing with unplanned releases. If the final 10% of emissions in some critical industries have an abatement cost of more tha $1,000 per tonne but high quality removal and permanent storage can be delivered for $500 per tonne then the integration of CDR into compliance markets confers large benefits to society.

❓ Have you spotted the CCP label on some of ACR’s pages? Do you want to know more?    The Integrity Council for the Voluntary Carbon Market (ICVCM)) is an independent body that recognizes integrity in the voluntary carbon market, unlocking private climate finance.     In April of this year, ICVCM approved ACR at the program level as “Core Carbon Principles (CCP) Eligible,” meaning that ACR is able to label CCP-Approved carbon credits from CCP-Approved Categories of carbon credits, as those approvals are earned. In June, the following ACR methodologies earned CCP Approval:    Destruction of Ozone Depleting Substances from International Sources   Landfill Gas Destruction and Beneficial Use Projects    You can learn more about these labels and ICVCM in our new page: https://lnkd.in/eUp2qa5y  

Forget the debates—new evidence shows that emission reduction credits are just as effective as removals in cutting global emissions, and the real problem lies in flawed greenhouse gas accounting. In other words, emission reduction credits and carbon removal credits have the same global impact, but miscalculations are obscuring this fact. "We have shown that regardless of whether a sub-global entity offsets its emissions using ERCs [emission reduction credits] or CRCs [carbon removal credits], the outcome in terms of impact on net global GHG emissions is the same." I'll say it one more time: emission reduction credits and removals lead to the same global outcome when assessed correctly. "Despite this, assertions that the use of ERCs is insufficient in the context of offsetting emissions for net-zero claims at sub-global scales are widely represented in the scientific literature and policy communities. This paper argues that such assertions are based on incorrect setting of assessment boundaries and related misconceptions." 👏 The debate over which route to take for corporate climate action is premature if we haven’t correctly defined the destination. We need better boundaries to navigate this journey, and that's where standards bodies should take the lead. With accurate greenhouse gas accounting, ERCs have just as much of a role in achieving net-zero as removals do. Read more here: https://lnkd.in/g7x46zHc

🌍 Voluntary Carbon Market (VCM) - 101 🌍 What is Double Counting in GHG Emission Reductions? Double counting occurs when the same greenhouse gas (GHG) emission reduction or removal is claimed more than once, within or across different accounting frameworks. This can happen in two main ways: 1️⃣ Within the same framework: The same emission reduction is counted multiple times, such as when different projects under the same carbon crediting program claim the same reduction. 2️⃣ Across different frameworks: Emission reductions are counted twice under different systems, for example, when corporate GHG accounting overlaps with government accounting. Double counting undermines the integrity of climate goals, as it inflates the actual impact of emission reductions. While carbon standards have protocols to prevent this within their systems, managing double counting across systems is much more challenging and controversial. Ensuring transparent and accurate GHG accounting is crucial for the Voluntary Carbon Market's credibility and achieving global climate targets. #DoubleCounting #GHGAccounting #CarbonMarkets #Sustainability #ClimateAction #NetZero #CarbonXProvenanceStandard Photo by Terry Granger on Unsplash

“The Securities and Exchange Commission will force companies to disclose their greenhouse gas emissions for the first time, but watered down a key requirement after heavy lobbying from industry groups.” The ruling may not be strict enough, but it is a major win and market signal. One can hope this drives board rooms to rethink their company’s sustainability practices, and for some deploy their first ever clean energy project. Companies fighting this future may even learn of attractive project incentives and ROI along the way. 🙂 https://lnkd.in/egWQ3a_z #SEC #climatedisclosure #scope1 #scope2 #esg #sustainability #ghg #climate

Emissions reporting can feel like a puzzle with many pieces, and putting them all together can be a challenge! As a business, you generate and are responsible for emissions from multiple sources – some within your control and others outside of it. So how do you ensure your reporting is both comprehensive and accurate?  This is where understanding THE GREENHOUSE GAS PROTOCOL is invaluable!    UNDERSTANDING EMISSIONS SCOPES FOR ENVIRONMENTAL REPORTING  The Greenhouse Gas (GHG) Protocol, developed by the World Resources Institute (WRI) and the World Business Council for Sustainable Development (WBCSD), defines and standardises the measurement and reporting of greenhouse gas emissions.  It categorises emissions into three scopes:   - Scope 1 Emissions: Direct Emissions  - Scope 2 Emissions: Indirect Emissions  - Scope 3 Emissions: Other Indirect Emissions These scopes provide a structured framework for organisations to assess and report on all their emissions so they can accurately track and manage their carbon impact.    LEARN MORE  To help you better understand these three scopes, I’ve written a useful summary. Read it here: https://lnkd.in/evbRm-GD #Emissions #EnvironmentalReporting #GreenhouseGasProtocol

🌍🔗 Navigating the Complexities of Emissions Trading Systems #climateaction #sustainability Emissions trading systems (ETS) serve as a crucial market-based mechanism for mitigating climate change by establishing a cap-and-trade approach for greenhouse gas emissions. These systems not only provide environmental certainty by capping total emissions but also allow entities to trade emissions permits, enabling cost-effective compliance. As more regions globally adopt and refine ETS, sharing insights and experiences is vital for fostering an effective international carbon market. #ets #greeneconomy #environmentalgovernance 📖 Full read here: https://lnkd.in/dgxPYN74

🌍 Understanding and managing your company's greenhouse gas emissions is essential in today's regulatory environment. Whether you've never completed a GHG assessment before or you're looking to streamline your annual process, our newest Snaplinc Consulting blog post has expert answers to all your questions. Check out the full guide here:

🌍 Understanding and managing your company's greenhouse gas emissions is essential in today's regulatory environment. Whether you've never completed a GHG assessment before or you're looking to streamline your annual process, our newest Snaplinc Consulting blog post has expert answers to all your questions. Check out the full guide here:

Scope 3 (Indirect or out of company's operational scope) emissions often represent the largest source of a company's carbon footprint, encompassing everything from purchased goods and services to employee commuting and end-of-life treatment of sold products. Effective reporting of these emissions is crucial for companies seeking to implement targeted emissions reduction strategies and drive sustainable change throughout their value chains. 📊   But the reporting of scope 3 emissions is not as easy as of scope 1, or even 2, as the control, knowledge and record of value chain activities and processes goes beyond the operational scope of a company.   So, what to do? How to know, calculate and report these types of emissions? What parameters to use? 🤔   ...most optimal way is to follow a standard global protocol/guideline. and best one for scope 3 accounting right now is Greenhouse Gas Protocol (GHG Protocol)   By adhering to the GHG Protocol's robust methodology and guidance, companies can ensure their Scope 3 inventories are complete, consistent, and transparent, facilitating comparability across organizations and sectors. 🔍 The protocol's structured approach covers all relevant categories of Scope 3 emissions, offering techniques for data collection, calculation methodologies, and reporting guidelines.   So, don't navigate the complex Scope 3 landscape alone. Leverage GHG Protocol’s guidelines and parameters to effectively know and reduce your company’s emissions. #CarbonEmissions #GHGProtocol #ValueChainEmissions #ProductCarbonFootprint #ProductSustainability https://lnkd.in/gsSHN_7f