Pacific Carbon Trust (PCT) has adopted a fuel-switching protocol developed specifically for B.C. that will create new offset opportunities across multiple industrial sectors, announced PCT CEO Scott MacDonald.
"Now, three of B.C.'s major industrial sectors - forestry, mining, agriculture - have an approved protocol they can use to develop and submit fuel-switching offset projects," said MacDonald. "By accepting qualified offset projects that switch from high-emission fuel sources to those with a lower environmental impact, we have the potential to make a significant dent in B.C.'s industrial emissions profile."
"This is a significant step because we're now seeing a growing number of sectors taking action to reduce their GHG emissions," said John Yap, Minister of State for Climate Action. "This protocol gives industry another avenue to show leadership and to be part of the growing offset market."
"B.C.'s agriculture sector is innovative and continues to be a leader in environmental stewardship," said Agriculture and Lands Minister Steve Thomson. "The fuel-switching protocol can be part of the agriculture sector's ongoing efforts to reduce the effects their operations may be having on the environment."
Eligible project types include switching from coal to natural gas, coal to biomass, natural gas to biomass, diesel to biodiesel, or increasing use of natural gas on a fuel oil/natural gas dual-fuel system. Examples of industrial applications include:
*Pulp mill boilers (forestry)
*Lumber dry kilns (forestry)
*Coal dryer systems (mining)
*Greenhouse heating systems (agriculture)
Pacific Carbon Trust estimates in excess of 500,000 tonnes of greenhouse gas emissions offset opportunities are associated with the fuel-switching protocol - equivalent to about 131,200 cars off the road for one year.
To qualify as an offset, a project must conform to the B.C. Emission Offsets Regulation, demonstrating a greenhouse gas reduction that is additional to industrial operations in a business-as-usual scenario, as well as other requirements.
The quantification protocol, Fuel Switching From Fossil Fuel-Fired Energy Generation to Less GHG Intensive Fossil Fuel or Renewable Energy Sources, was developed by the Delphi Group and Golder Associates for the B.C. Climate Action Secretariat.
Pacific Carbon Trust is a Crown corporation established in 2008 to deliver B.C.-based greenhouse-gas offsets, to help clients meet their carbon-reduction goals and to support the growth of B.C.'s low carbon economy.
For more information on Pacific Carbon Trust, visit www.pacificcarbontrust.com