Glossary

ClimeCo Supports Birkie Green Initiative

ClimeCo Supports Birkie Green Initiative

 

ClimeCo Supports Birkie Green Initiative

ClimeCo is thrilled to support the American Birkebeiner Ski Foundation reach its carbon-neutral goal by providing offsets for its annual Birkie Event. ClimeCo Green is also supporting the event by providing attendees with a calculator to determine their carbon footprint and offset their travel. The offsets purchased by both the American Birkebeiner Ski Foundation and participating attendees will support the Crow Lake Wind Farm project in South Dakota, which generates clean energy and strives to educate the next generation-in-energy workforce.

Check out Birkie’s other great initiatives through #BirkieGreen in the video below.

 

About ClimeCo

ClimeCo is a respected advisor, transaction facilitator, trader, and developer of environmental commodity market products and related services. We specialize in voluntary carbon, regulated carbon, renewable energy credits, plastics credits, and regional criteria pollutant trading programs.  Complimenting these programs is a team of professionals skilled in providing sustainability program management services, and developing and financing of GHG abatement and mitigation systems.

ClimeCo a Top-Level Sponsor at North American Carbon World (NACW) Virtual Conference

ClimeCo a Top-Level Sponsor at North American Carbon World (NACW) Virtual Conference

ClimeCo a Top-Level Sponsor at North American Carbon World (NACW) Virtual Conference

ClimeCo is passionate about making the world a better place. We are a proud sponsor of the 2021 North American Carbon World (NACW) Conference and are ready to help you reach your net-zero goals.  Watch our NACW video below to learn more. 

 

ClimeCo is honored to be a Platinum Sponsor of the 2021 NACW Virtual Conference! This year’s conference will explore the progress of climate policy, carbon markets, climate finance, and natural climate solutions in North America.

ClimeCo will also be participating in two sessions during the conference. Our Chief Business Officer, Derek Six, will be speaking at the “Building a Larger Carbon Credit Market from Within” plenary session on April 27 at 10:30 AM PST, and our Program Development Director, Lauren Mechak, will be speaking on the “Opportunities to Expand Climate Mitigation Via New Offset Protocols” panel on April 28 at 11 AM PST.

About ClimeCo 

ClimeCo is a respected advisor, transaction facilitator, and trader of environmental commodity market products and related services. We specialize in voluntary carbon, regulated carbon, renewable energy credits, plastics credits, and regional criteria pollutant trading programs.  Complimenting these programs is a team of professionals skilled in providing sustainability program management services, and developing and financing of GHG abatement and mitigation systems.

For more information or to discuss how ClimeCo can drive value for your organization, contact us at 484.415.0501, info@climeco.com, or through our website climeco.com. Be sure to follow us on LinkedIn, Facebook, Instagram, and Twitter using our handle, @ClimeCo.

Heritage Interactive Services and ClimeCo Partner with NCAA and Indiana Sports Corp to Make March Madness Carbon Neutral

Heritage Interactive Services and ClimeCo Partner with NCAA and Indiana Sports Corp to Make March Madness Carbon Neutral

NEWS RELEASE
FOR IMMEDIATE DISTRIBUTION

ClimeCo
climeco.com
Attention: Nancy Marshall
Corporate Marketing Director
(484) 415-7603
nmarshall@climeco.com

Heritage Interactive Services and ClimeCo Partner with NCAA and Indiana Sports Corp to Make March Madness Carbon Neutral

Heritage Interactive Services and ClimeCo will contribute offsets to help mitigate March Madness’ carbon footprint.

The estimated impact is comparable to taking 1,188 cars off the road for one year.

INDIANAPOLIS, March 17, 2021 – Heritage Interactive Services, a subsidiary of Heritage Environmental Services (collectively, Heritage), and ClimeCo announced that they are teaming up to contribute offsets to mitigate the NCAA Division I Men’s Basketball Championship carbon footprint.

The Heritage/ClimeCo team reviewed historic emissions factors across the seven various event venues, including electricity, gas, steam, and chilled water, to estimate the total carbon dioxide equivalent (CO2e) produced during each game and practice. Based on initial projections, required offsets are anticipated to be over 5,500 tonnes of CO2e, comparable to taking 1,188 cars off the road for one year.

Local university IUPUI’s Office of Sustainability will collect actual operations data from all tournament venues during practice and game days and conduct a greenhouse gas emission assessment. The data will be used to quantify the greenhouse gas footprint, and this will determine the amount of carbon offsets necessary for Heritage Interactive Services to purchase to balance the CO2e generated to achieve a carbon neutral March Madness.


“As an Indianapolis-based company known for sustainability partnership we are proud to contribute to the success of this historic March Madness tournament,” said Peter Lux, President of Heritage Interactive Services. “Alongside our partners at ClimeCo, we welcome opportunities to help our clients reduce the environmental impact of these types of events across North America.”


“As long-time NCAA Tournament fans, we are really excited to work with Heritage, the NCAA and the Indiana Sports Corporation to help ensure the 2021 NCAA tournament is run in an environmentally sustainable fashion,” said Bill Flederbach, President of ClimeCo. “The NCAA and the Indiana Sports Corporation have scored big with their leadership in combating climate change!”

About ClimeCo

ClimeCo is a respected advisor, transaction facilitator, and trader of environmental commodity market products and related services. We specialize in voluntary carbon, regulated carbon, renewable energy credits, plastics credits, and regional criteria pollutant trading programs.  Complimenting these programs is a team of professionals skilled in providing sustainability program management services, and developing and financing of GHG abatement and mitigation systems.

For more information or to discuss how ClimeCo can drive value for your organization, contact us at 484.415.0501, info@climeco.com, or through our website climeco.com. Be sure to follow us on LinkedIn, Facebook, Instagram, and Twitter using our handle, @ClimeCo.

About Heritage Interactive Services

Heritage Interactive Services is a division of Heritage Environmental Services, a privately held, family-owned environmental services business with more than 1,600 employees across North and Central America. The company provides a full suite of tailored solutions from emergency response, waste disposal, and sustainability services to on-site support and technical solutions to thousands of customers in hundreds of industries and verticals. Heritage regularly achieves a high-level of cost savings and landfill avoidance through innovative total byproduct management solutions, including customized waste and recycling programs, even helping hundreds of sites achieve zero waste to landfill status.

Heritage
https://thgrp.com/
Attention: Ali Alavi
(877) 436-8778

Creating Carbon Offsets – It Starts With A Methodology

Creating Carbon Offsets – It Starts With A Methodology

Creating Carbon Offsets – It Starts With A Methodology


by David Priddy, VP of Business Development | February 24, 2021


With the continued push by businesses in recent years to establish more stringent sustainability goals with lower GHG thresholds, there’s been a corresponding rush by corporations, project developers, technology providers, and charitable foundations to implement emission reduction solutions to help meet this growing demand.  This has led to a plethora of innovative ideas and concepts from entities seeking to utilize carbon financing to bring their ideas to life.  As a leader in the carbon emission reduction and sequestration space, ClimeCo will frequently field requests on how to implement these ideas to generate and sell carbon offsets, which incentivizes continued investment in project activities that deliver emission reductions.  But after listening to entities pitch their ideas, the question that I most often hear is:  “Can we create carbon offsets?”  Well, the answer to that question can depend on many factors, but it all starts with an appropriate methodology.


Carbon Offset Methodologies

A carbon offset methodology is a framework document that defines the quantification and parameters that are required to generate carbon offsets throughout the life of a project. It establishes the project’s baseline, identifies qualifying practice changes to reduce carbon, and defines the monitoring requirements necessary to ensure that the reductions are real, quantifiable, verifiable, and additional to what would have happened in the absence of the project.

There are seemingly as many different offset methodologies available today as there are carbon reduction project ideas, but continuous innovation in this space keeps challenging that theory.  Voluntary registries, along with those carbon compliance programs that allow for the use of offsets, generally utilize their own protocols and methodologies.  In the North American voluntary market, we primarily work with three voluntary offset registries:  The Climate Action Reserve (CAR), American Carbon Registry (ACR), and Verra; these three registries offer more than 100 established methodologies.  Most of these existing methodologies can be classified into one of several primary categories, including industrial, agricultural, energy efficiency, waste, transportation, and renewable energy; however, the requirements for a particular methodology are usually written for a specific project activity, such that there is little room for interpretation or variance.  This often results in the need to modify an existing methodology or create a new one to support a proposed project’s activities if those activities do not precisely fit the parameters of an existing methodology.


Methodology Development

To ensure the integrity of carbon offsets, credible methodologies employ best practices based on the ISO 14064 standard, providing guidelines for quantifying, monitoring, reporting, and verifying GHG emissions and reductions.  These standards require that each project conducted under a methodology is calculated in a way that is relevant, complete, consistent, accurate, and transparent, and meets the aforementioned key crediting criteria (real, quantifiable, verifiable, and additional).  Therefore, the development of a new methodology requires a significant amount of input from the scientific community and various stakeholders, including industry groups, NGOs, and the legal and environmental justice communities.  The process can be lengthy and will typically include an individual proponent or group that authors the draft methodology, the formation of a stakeholder working group that provides technical and legal review, and a public comment period.  In our experience, it is quite common for a methodology development effort to take at least 12 months and cost hundreds of thousands of dollars in fees to complete. 


Lessons Learned

The ClimeCo team has been involved in developing several project methodologies, either as an author/co-author or by serving on a working group.  Our experience ranges from methodologies focused on industrial gases, such as the destruction of ozone-depleting substances (ODS) and the abatement of nitrous oxide (N2O) from Nitric Acid and Adipic Acid production, to avoided methane emissions from organic waste composting and agricultural methane destruction.  We are also working with clients on the development of some new methodologies that hold significant promise.  Through all of this, we have learned that the process is best served by a collaborative and transparent effort between the project proponent and the registry that balances scientific integrity, conservativeness, and financial viability to ensure a robust, practical, and defensible methodology.


The Bottom Line

As companies continue to ratchet down on their GHG commitments, the voluntary carbon market is poised for significant growth.  Buyers in this market have become increasingly savvy; they are demanding more from the offset projects they support, including a sharper focus on those that align with their businesses and produce various co-benefits.  This opens opportunities for creative thinking and project innovation in areas that existing offset methodologies may not serve.  To maximize the potential for success, a project owner/proponent should align themselves with an experienced consultant like ClimeCo to guide them through this process.


About the Author

Dave Priddy is ClimeCo’s Vice President of Business Development.  He has more than 30 years of experience in the environmental management field and is responsible for the firm’s strategic market initiatives and the evaluation of new project opportunities.  David holds a B.S. in Engineering from the University of Louisiana, Lafayette.

 

BioCycle Interview with Dr. Scott Subler, Connections: Reality Check On Carbon Trading And Organics Recycling

BioCycle Interview with Dr. Scott Subler, Connections: Reality Check On Carbon Trading And Organics Recycling

BioCycle Interview with Dr. Scott Subler, Connections: Reality Check On Carbon Trading And Organics Recycling

ClimeCo’s Chief Science Officer, Dr. Scott Subler, joins forces with Sally Brown, Senior Adviser of BioCycle, The Organics Recycling Authority, for Part X.2 of an interview, Connections: Reality Check On Carbon Trading And Organics Recycling

In this interview, Scott, a one-time vermicomposter turned carbon market expert, yields insights into credit opportunities for composting and AD facilities.

Click here or the image below to read the full interview.

Compost 2021

 

About ClimeCo 

ClimeCo is a leader in the management and development of environmental commodities. We combine unrivaled commodity market expertise with engineering and environmental assessment, permitting, and transaction structuring to help clients maximize their environmental assets and minimize their regulatory costs. 

From policy advisory to ESG strategy, offsets sourcing to project development, we provide comprehensive, vertically integrated solutions to help enhance our customers’ sustainability impact—whether they are responding to emissions regulations or satisfying voluntary sustainability goals. 

For more information or to discuss how ClimeCo can drive value for your organization, contact us at 484.415.0501, info@climeco.com, or through our contact page.