serving compliance buyers with ods offsets
TRANSCRIPT
NEW FRONTIERS IN CLIMATE ACTION
© 2012 EOS Climate. All rights reserved.
EOS ODS Offsets and the Market
2012
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Recognition
California Governors Environmental and Economic Leadership Award (GEELA) Environmental Finance market survey:
Media Coverage:
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Recognition
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ODS Destruction Offsets - Additionality
CLIMATE CHANGE
OZONE DEPLETION
HALOCARBONs
USE & BANKS PRODUCTION
BUSINESS AS USUAL
ODS OFFSET Reclaimed ODS is
destroyed, creating a
verifiable and permanent
emission reduction. EOS
Climate is recognized as
a pioneer of ODS destruction in carbon
markets.
Reclaimed ODS is reused in older equipment, and
ultimately leaked.
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EPA Certified Reclaimer
Clean Harbors Environmental Services, AR.
Project Case Study
Appliance Demanufacturer
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Units Received
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Now What?
Current EOS ODS CRT issuance:
Next Steps:
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ARB Offsets
ARB Protocol and Procedures
CITSS
Registry Approval
Verification Bodies/Verifier Approval
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ARB Conversion / Issuance Process
EAO to CCO(3)
Early Action Offset (CRT)
CCO (8) CCO (3)
CCO(8) to CCO(3)
Project Conducted
CCO (8) CCO (3)
(DISCLAIMER): This is EOS Climate’s understanding of the process for conversion and creation of CARB offsets under AB32. This should not be viewed as a statement from the California Air Resources Board (ARB).
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Sales
EAO to CCO(3)
Early Action Offset (CRT)
CCO (8) CCO (3)
CCO(8) to CCO(3)
Project Conducted
CCO (8) CCO (3)
✔ ✔ ✔
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Sales
EAO to CCO(3)
Early Action Offset (CRT)
CCO (8) CCO (3)
✔ ✔ ✔
CRT ($ X) + CCO(8) ($ Y) + CCO(3) ($ Z) = $ CCO(3)
CCO(8) ($ Y) + CCO(3) ($ Z) = $ CCO(3)
CCO(3) ($ Z) = $ CCO(3)
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Questions
Patrick Pfeiffer
NEW FRONTIERS IN CLIMATE ACTION
© 2012 EOS Climate. All rights reserved.
Thank You.