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Energy Efficiency Renewable Energy/Power Sector Oil and Gas Industrial Gases

Most buyers and sellers of offset credits have little desire or time to do the tasks required to bring a carbon credit to market – so they happily outsource this drudgery to Carbonomics!

• Initial project screen: Carbonomics can conduct an initial project screen to determine if a project would comply with a particular registry's stringent guidelines on additionality, baseline determination and monitoring requirements.
• Protocol Eligibility: Many project types already have established methodologies and protocols. However many projects do not fit neatly under a pre-approved protocol and require some kind of deviation or amendment in order to be placed on a registry. Other project types may not have an eligible protocol at all, in which case one needs to be written, reviewed and approved. Carbonomics can guide a client through the process of creating a new offset methodology – in essence, bringing a new carbon "asset class" to the market.
• Baseline Validation and Registration: In order for projects to generate credits, they must go through a complex, third-party validation of the baseline. Carbonomics can guide clients through all of the tasks associated with getting a project registered. This task often includes being on-site during a validation/verification and ensuring all of the data and documentation are provided in exact accordance with the protocol being used.
• Annual Verification: To obtain credits, every project must undergo an independent audit to ensure the offsets generated are real. Carbonomics can prepare the client for verification to ensure the smooth issuance of credits.
• Post-Project Monitoring: Carbonomics can work to ensure on-going compliance with the monitoring procedures of a particular protocol. For example, a faulty meter could make a year's worth of credits disappear. Failure to do these minor "housekeeping" chores can cost millions of dollars. Making sure these chores get done is our job.
• Find a buyer for the offsets. Negotiating an emissions reduction purchase agreement or ERPA can present specific challenges for a seller. Does the seller guarantee delivery and get a higher price? Or are there risk-mitigating measures that might lower the price but offer some protections in case of under-delivery of credits. Carbonomics can work with offset providers to find the right risk-reward profile of a specific project.