Updated standard provides new guidance for using forests to address climate change

Updated standard provides new guidance for using forests to address climate change

Version 3.2 of the Climate Action Reserve’s Forest Project Protocol continues to ensure integrity of forest offset projects

Los Angeles, CA  – The newest version of the Forest Project Protocol from the Climate Action Reserve, North America’s largest carbon offset registry, has been officially released for use in the carbon market.  Updates in version 3.2 of the protocol create stronger standards for ensuring integrity and long-term environmental benefit in forest offset projects across the U.S.  While other offset project types prevent carbon dioxide (CO2) and other greenhouse gases (GHGs) from entering the atmosphere, forest offset projects are unique because they remove CO2 from the atmosphere, in a sense “reversing” emissions that already happened.

The Forest Project Protocol Version 3.2 enriches the carbon landscape by providing new opportunities for participation in the carbon market.  Forests are powerful tools in our fight against climate change, and owners of small forests now have the option of aggregating their lands to create an offset project and participate in the carbon market,” said Linda Adams, Chair of the Climate Action Reserve Board of Directors and Secretary of the California Environmental Protection Agency.

The Forest Project Protocol is the Reserve’s flagship methodology and provides complete, consistent, accurate and conservative standards to account for forest carbon storage.  Significant updates in version 3.2 of the protocol include clarifications to the requirements for establishing a baseline for Improved Forest Management (IFM) projects and the introduction of guidelines for aggregating forest projects.

Version 3.2 of the Forest Project Protocol recognizes the tremendous opportunity of forests to sequester carbon dioxide and ensures that forest projects are developed, quantified and verified with the highest level of integrity,” said Gary Gero, President of the Climate Action Reserve.

The original forest protocol was adopted by the Climate Action Reserve Board of Directors in June 2005 with applicability specific to the State of California and was expanded to cover all of the U.S. in September 2009. Currently, forest projects registered with the Climate Action Reserve have absorbed 1,735,436 metric tons of CO2e from the atmosphere.

Please visit the Climate Action Reserve website to access the Forest Project Protocol Version 3.2, as well as all public comments regarding the protocol and the submitted responses to the comments.


Five states top the list in reducing greenhouse gas emissions

Five states top the list in reducing greenhouse gas emissions

First place claimed by Arkansas, followed by California, New York, Texas and Alabama

Los Angeles, CA  – Annually, carbon offset projects in Arkansas reduce enough greenhouse gases (GHGs) from the atmosphere to equal the amount of emissions produced by 322,380 passenger vehicles over an entire year, according to the Climate Action Reserve, North America’s largest carbon offset registry.  Another way to measure the amount is to think of it in terms of the carbon removed from the atmosphere by growing 43,232,026 tree seedlings for 10 years.  By reducing such a significant amount of GHGs through projects registered with the Climate Action Reserve, Arkansas has earned the status of reducing more GHG emissions than any other U.S. state.  Joining Arkansas at the top of the list are California, New York, Texas and Alabama.

GHGs contribute to global warming by keeping heat, or radiative energy, in the atmosphere, and scientists point to a direct correlation between increased amounts of GHGs and extreme weather, such as this summer’s scorching temperatures and record-setting flooding.  Carbon offset projects are activities that prevent GHGs from entering the atmosphere, making them climate change solutions that have an impact on the environment right now.

One of the most valuable benefits of high quality offset projects is that they reduce greenhouse gases in the atmosphere today.  While we work on transitioning to a clean energy economy and reducing the amounts of emissions we produce, offset projects are providing true benefit to the environment.  They are a way to take action and see results now,” said Gary Gero, president of the Climate Action Reserve.

Ranking a close second after Arkansas, California is well known around the world for its pioneering environmental initiatives and its landmark climate change and energy bill, AB 32.

Every year, offset projects in California reduce the same amount of GHGs as taking 303,182 passenger vehicles off the road for a year.  Coming in third is New York, a member of the first regional group to implement a cap-and-trade program, the Regional Greenhouse Gas Initiative (RGGI).  Annually, offset projects in New York reduce enough GHGs to equal the emissions generated by 124,520 passenger vehicles every year.

The southern states are not as well known as their coastal counterparts for being environmental leaders.  However, on an annual basis, offset projects in Texas reduce the equivalent of taking 83,052 passenger cars off the road for a year.  Alabama offset projects reduce the same amount of GHGs that would be achieved if 39,518 passenger vehicles were removed from the road for a year.

Some of the states on this top five list will be a surprise to people.  It’s important to note that businesses, organizations and people living in these states not only support reducing emissions through emission reduction projects but they are financially benefiting from these projects by earning offset credits that can be traded in the carbon market.  These people have realized opportunities to use a market-based approach and financial incentives to take action against our most pressing global challenge today – climate change,” said Gero.

Offset projects from these five states are all registered with the Climate Action Reserve.  The projects include destroying ozone depleting substances, using forests to remove carbon and methane capture from landfills, livestock farms and coal mines.  The projects comply with the most rigorous and comprehensive standards for offset projects and have been independently reviewed by accredited third party verification bodies.  Information on these projects and their verifications are publicly accessible at www.climateactionreserve.org.

Actual amounts of GHGs removed by projects in each state are listed in the chart below.

State Metric tons of CO2e* reduced
Arkansas 1,858,551
California 1,747,869
New York 717,866
Texas 478,805
Alabama 227,822

* CO2e (carbon dioxide equivalent) is a measure for comparing carbon dioxide with other GHGs; it is calculated by multiplying the metric tons of a gas by the appropriate global warming potential (GWP)

The Climate Action Reserve is a private nonprofit organization representing international interests in addressing climate change and bringing together participants from the government, environment and business sectors.  As the premier carbon offset registry in North America, it works to ensure environmental benefit, integrity and transparency in the carbon market.  It establishes high quality standards for quantifying and verifying greenhouse gas (GHG) emissions reduction projects, oversees independent third-party verification bodies, issues carbon credits generated from such projects and tracks the transaction of credits over time in a transparent, publicly-accessible system.  By ensuring that GHG reduction projects provide true environmental benefit and earn high quality offsets, the Climate Action Reserve is creating a trusted and valuable commodity and bringing credibility and efficiency to the carbon market.  For more information, please visit www.climateactionreserve.org.


Forest Project Protocol Version 3.2 and final Guidelines for Aggregating Forest Projects will be presented for adoption at August 31 Reserve Board meeting

Forest Project Protocol Version 3.2 and final Guidelines for Aggregating Forest Projects will be presented for adoption at August 31 Reserve Board meeting


Climate Action Reserve Special Board Meeting

Climate Action Reserve Special Board Meeting

Title: Climate Action Reserve Special Board Meeting
Location:
CalEPA Headquarters conference room #230, 2nd floor, 1001 “I” Street , Sacramento, CA | and via telephonic webinar
Date:
2010-08-31
Start Time:
1:00 pm PDT
End Time: 3:00 pm PDT

View the agenda

Webinar Instructions:

Step 1 – Join the webinar (please do this BEFORE calling in, if possible):
https://climateactionreserve.webex.com/climateactionreserve/onstage/g.php?t=a&d=668088579
Please make note of the ‘attendee ID number’ issued when you log in to the webinar

Step 2 – Join the audio (please do this AFTER joining the webinar):
Toll free call-in number (US/Canada) – 866-699-3239; Mexico +001-866-885-0337
Access code: 668 088 579
Enter your ‘attendee ID number’ (this is generated when you join the webinar)


Errata and Clarifications released for Nitric Acid Production Project Protocol, Version 1.0

Errata and Clarifications released for Nitric Acid Production Project Protocol, Version 1.0


Climate Action Reserve Program Training – Project Developers and Verifiers

Climate Action Reserve Program Training – Project Developers and Verifiers

Interest and use of the Climate Action Reserve is growing rapidly! To help prepare account holders to more efficiently access and use the Reserve, the Reserve will conduct a virtual training. This 1.5 hour training session will cover all the functions necessary to manage all project phases from ‘New’ to ‘Registered’ in the software’ including how to:

  • Submit new projects
  • Revise project submittals
  • Select a verification body
  • Submit NOVA/COIs
  • Enter project data
  • Submit projects for verification
  • Review project data
  • Submit a verification opinion & report
  • Manage and pay invoices
  • Manage CRTs

You will need both a phone line and a high-speed internet connection to participate. Only one computer is given access to the training per registration. If multiple people from your organization will be participating, please register individually. If you have never used GoToWebinar software you will need to download a plug-in before logging on. If you do not have administrative rights for your computer please contact your IT department for assistance in downloading the plug-in prior to the training session. NOTE: the confirmation email with call-in information will come from gotowebinar@citrixonline.com. Please add this email to your list of acceptable addresses.

This webinar will be limited to 25 participants.

Register for a session now by clicking a date below:

Thu, Sep 9, 2010 10:00 AM – 11:30 AM PDT (https://www1.gotomeeting.com/register/850593129)

Thu, Nov 11, 2010 10:00 AM – 11:30 AM PST(https://www1.gotomeeting.com/register/351143168)

Once registered you will receive an email confirming your registration
with information you need to join the Webinar.

System Requirements
PC-based attendees
Required: Windows® 7, Vista, XP, 2003 Server or 2000

Macintosh®-based attendees
Required: Mac OS® X 10.4.11 (Tiger®) or newer


Climate Action Reserve Government Affairs Committee Meeting

Climate Action Reserve Government Affairs Committee Meeting

Date: 2010-08-02
Start Time: 12:00 PDT
End Time: 3:00 PDT
Webinar call-in number: 1-712-432-0850 | passcode: 125117

Please join the Climate Action Reserve Government Affairs Committee at its August meeting.

Agenda


Public comment period open for draft Livestock Project Protocol Version 3.0 – public webinar on August 12

Public comment period open for draft Livestock Project Protocol Version 3.0 – public webinar on August 12


Issue papers for potential project types now available

Issue papers for potential project types now available


Organic Waste Composting Project Protocol was adopted by Reserve Board on June 30

Organic Waste Composting Project Protocol was adopted by Reserve Board on June 30