EIA s Voluntary Reporting of Greenhouse Gases [1605(b)] Program
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1 EIA s Voluntary Reporting of Greenhouse Gases [1605(b)] Program Paul F. McArdle, Ph.D. U.S. Department of Energy Energy Information Administration U.S. Climate Partnership Association November 28,
2 EIA s Implementation Schedule Forms & Instructions Reporting Forms and Instructions approved by OMB on July 13, 2007 Finalized versions of Reporting Forms posted to EIA website on October 15, 2007 Reporting Software Internet-based Data Collection (IDC) system in development Expected launch date early CY
3 Key Differences between DOE 1605(b) and State GHG accounting protocols Concepts unique to 1605(b) Two-tiered reporting Registering Reporting not Registering Subentity concept Can break entity into subentities Based on unique business line; unique output measure; different reduction method; etc Emphasis on Intensity-based Reporting Third-party verification optional 3
4 Differences between DOE 1605(b) and State GHG accounting protocols (cont.) Small Emitter (< 10,000 MT) More flexible reporting requirements Electricity Emission Factors State-based regions, as opposed to E- grid/nerc based regions T&D losses included 4
5 Comparison with Other Voluntary Programs Program 1605(b) California Climate Action Registry (CCAR) Inventory/ Registry Reductions Offset Projects Trading No No No No Chicago Climate Exchange (CCX) EPA Climate Leaders No WRI/WBCSD Inventory guidelines only, no registry Project guidelines only, no registry No ISO Inventory guidelines only, no registry? Project guidelines only, no registry No 5
6 Comparison with Other Voluntary Programs (Cont d) Program Geographic Boundaries Organizational Boundaries De Minimis/ Materiality Gases Included 1605(b) U.S. (required); foreign (optional) All methods (fin./mgt. control; equity) 3% Kyoto 6 + CFCs (excl. from inventory) California Climate Action Registry (CCAR) CA only or all U.S. Mgt. control or equity share 5% Yrs 1-3: CO2 Yrs 4+: Kyoto 6 Chicago Climate Exchange (CCX) Worldwide? 5% Kyoto 6 EPA Climate Leaders U.S. (required); foreign (optional) All methods (fin./mgt. control; equity) No fixed threshold Kyoto 6 WRI/WBCSD Worldwide All methods (fin./mgt. control; equity) 5% materiality threshold suggested Kyoto 6 (Montreal gases optional) ISO Worldwide Facilities, fin. or op. control? Kyoto 6 6
7 Comparison with Other Voluntary Programs (Cont d) Program Baseline/ Base Year Electricity Factors Reduction Methods Certification (C)/ Verification (V) 1605(b) 1-4 years Register: Report: EIA state-based regions; T&D; avg. & fossil Intensity, absolute, & others C required; V optional. (EIA desk audit) California Climate Action Registry (CCAR) Single year (first reporting year); optional EPA s egrid NA 3 rd party C required Chicago Climate Exchange (CCX) 1-4 years; 2000 or 98-01? Absolute 3 rd party V required EPA Climate Leaders Single year (most recent w/ available data) EPA s egrid; no T&D; avg. only Absolute, intensity, & projects V optional. (EPA desk & field audits) WRI/WBCSD Any single yr. or multi-yr. avg. EPA s egrid; no T&D; avg. only Absolute emphasized, intensity V encouraged ISO Any single yr. or multi-yr. avg. No guidance? V guidance provided 7
8 Benefits of Participating in Voluntary Reporting Calculate Carbon Footprint Participate in a Registry Establish Baseline Chronicle Positive Actions Public relation benefits Economic Benefits Learning benefits to management/workforce Economic/competitive benefits Find economic GHG actions Establish GHG accounting infrastructure Prepare for next institutional framework In-synch with Foreign Subsidiaries 8
9 Thank You! Any Questions? Contact: Paul F. McArdle, Ph.D. Office of Integrated Analysis & Forecasting Energy Information Administration U.S. Department of Energy Tel Contact the Program: Tel. Toll-free: Tel.: Fax: See the 1605b website! /frntvrgg.html 9
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