WASHINGTON, D.C. -- Just
a few months shy of its first birthday, the Climate Registry released
the methodology that will guide how its members will report greenhouse
gas emissions.
Begun last May, the Climate Registry
is now comprised of 75 corporations, nonprofits, cities and counties
from the U.S., Canada and Mexico that have agreed to voluntarily report
their emissions publicly.
After months of public comment from its members, the group unveiled the General Reporting Protocol,
which offers a roadmap for consistently calculating, verifying and
reporting the emissions. Members may also use the group's General
Verification Protocol and an online tool.
Members must report emissions of carbon dioxide, methane, nitrous
oxide, hydrofluorocarbons, perfluorocarbons and sulfur hexafluoride
from operations in the U.S., Canada and Mexico. The nonprofit says
members stand to benefit from reporting their emissions because they
will be better equipped to manage carbon-related risk, stand to gain a
competitive advantage and will be ready to participate in carbon
trading markets.
"This is a historic milestone that establishes a common currency
from which true reductions will be measured," said Gina McCarthy, the
group's board chair and commissioner of Connecticut's Dept. of
Environmental Protection.
See GreenBiz.com