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In the context of GHG accounting, RECs are often used to adjust estimated Scope 2 emissions. In a typical case, a company would calculate its Scope 2 emissions using its electricity consumption and a grid emissions factor. Companies that purchase RECs can use them to lower the average emissions factors included in their inventories.
The GHG Protocol Corporate Standard (GHG Protocol Corporate Accounting and Reporting Standard, GHGPCS) is an initiative for the global standardisation of emission of greenhouse gases in order that corporate entities should measure, quantify, and report their own emission levels, so that global emissions are made manageable.
The emissions information in eGRID include carbon dioxide (CO 2), nitrogen oxides (NO x), sulfur dioxide (SO 2), mercury (Hg), methane (CH 4), nitrous oxide (N 2 O), and carbon dioxide equivalent (CO 2 e). CO 2, CH 4, and N 2 O are greenhouse gases (GHG) that contribute to global warming or climate change.
The greenhouse gas protocol is a set of standards for tracking greenhouse gas emissions. [17] The standards divide emissions into three scopes (Scope 1, 2 and 3) within the value chain. [18] Greenhouse gas emissions caused directly by the organization such as by burning fossil fuels are referred to as Scope 1.
The Securities and Exchange Commission approved a long-awaited rule requiring US public companies to disclose climate risks as well as Scope 1 and 2 emissions.
ISO 14064-3:2019 specifies principles and requirements and provides guidance for those conducting or managing the validation and/or verification of greenhouse gas (GHG) assertions. It can be applied to organizational or GHG project quantification, including GHG quantification, monitoring and reporting carried out in accordance with ISO 14064-1 ...
In the following, a short introduction to input-output analysis and its environmental extension for the calculation of material footprints or RME indicators is provided. . The inter-industry flows within an economy form an n×n matrix Z and the total output of each industry forms an n×1 vecto
For example, to estimate emissions from the energy sector (typically contributing over 90% of CO 2 emissions and 75% of all GHG emissions in developed countries) the quantity of fuels combusted is combined with an emission factor - the level of sophistication increasing with the accuracy and complexity of the emission factor. [3]