EOS Climate - Climate Action Reserve

Report
NEW FRONTIERS IN CLIMATE ACTION
OZONE DEPLETING SUBSTANCES PROTOCOL
Climate Action
Reserve Workshop
September 2011
© 2011 EOS Climate.
All rights reserved.
GLOBAL WARMING POTENTIAL OF ODS [GWP]
REFRIGERATION
&
AIR CONDITIONERS
Vapor Compression:
FOAM
BLOWING
AGENT
Refrigerators
Buildings
Automobiles
Furniture
Packaging
Many More
CO2
1 GWP
CFC-11
4,750 GWP
© 2011 EOS Climate. All rights reserved.
Refrigerator Cabinet
Refrigerator Room
Office Building
Warehouse
CFC-12
10,900 GWP
1
REMAINING ODS BANKS = “SIGNIFICANT CLIMATE THREAT”
Montreal Protocol stops at production of CFCs and
other ODS
Kyoto Protocol does not include ODS
ODS produced prior to their phase out deadlines
remain in legal use
In US and many other countries, no controls over
emissions at end of life
© 2011 EOS Climate. All rights reserved.
2
OZONE DEPLETING & GLOBAL WARMING POTENTIALS
Equal mass amounts
(ODP)
© 2011 EOS Climate. All rights reserved.
(GWP)
3
ODS: BUSINESS AS USUAL
CLIMATE CHANGE
HALOCARBONs
OZONE DEPLETION
USE & BANKS
PRODUCTION
Business as usual scenario all ODS is emitted
© 2011 EOS Climate. All rights reserved.
4
IPCC/TEAP 2005-2010
“If over the next two decades the emissions of
all ODS in banks were prevented, the direct,
positive radiative forcing would be equal to
approximately 3-4% of the total radiative
forcing from all anthropogenic GHG emissions
over the same period. “
“Without immediate action, reachable banks
will emit approximately 6 billion tons of CO2
equivalent by 2015--- offsetting and surpassing
the 5 Gt CO2 eq reduction sought during the
first commitment period of the Kyoto Protocol.”
© 2011 EOS Climate. All rights reserved.
5
CARBON FINANCE PROVIDES INCENTIVES
Two ODS destruction protocols approved
by CAR (Feb 2010):
1.
CFC refrigerants and foam blowing
agents originating in US (Domestic)**
2.
CFC refrigerants originating in Article 5
countries
• Both protocols require destruction in US
** ARB adopted domestic protocol for AB
32 offsets
© 2011 EOS Climate. All rights reserved.
6
ELIGIBILITY FOR DOMESTIC PROJECTS
Location
Project Start Date
Additionality
ODS must be sourced and destroyed in
U.S. or its territories
Destruction within 6 months of project
submission
Legal test: Montreal Protocol and U.S.
law limit production and intentional
release of ODS, but no requirements for
destruction
Performance standard: Destruction rare
Regulatory Compliance
99.99% destruction efficiency
RCRA/Clean Air Act permits
© 2011 EOS Climate. All rights reserved.
7
DOMESTIC ODS PROJECT DEFINITION
Only eligible for gases completely phased out of
production:
− CFC-11, CFC-12 refrigerant or foam
− CFC-114, CFC-115 refrigerant
− HCFC-141b foam blowing agent
− Excludes halons
All ODS destroyed within a twelve month period at
a single destruction facility
© 2011 EOS Climate. All rights reserved.
8
QUANTIFYING EMISSIONS REDUCTIONS
Emission reductions = [Baseline-Project] emissions
Baseline emissions account for:


Refrigerant-specific leak rates
Foam blowing agent attenuation in landfills
Project emissions include:
Transportation
 Energy at destruction facility
 Replacement refrigerants

10 year crediting period
© 2011 EOS Climate. All rights reserved.
9
PROJECT OPERATIONS AND MONITORING
ODS Origin and Chain of Custody
 Equipment/location
 Container IDs, weight
 Technician IDs
 Custody/Ownership
Transport and transfer of ODS
 Mode of transport, vehicle miles, etc
Preparation for destruction
 Mixing
 Purification
 Mass/composition
Destruction unit operating parameters
 Feedrate, temperature/pressure, continuous emissions,
energy inputs
 99.99% destruction efficiency
Instrument calibrations
© 2011 EOS Climate. All rights reserved.
10
EOS SYSTEM: SCALABLE TO MEET MARKET DEMAND
EOS Climate integrates
scientific & operational
expertise with best in
class business partners
and cutting edge
technologies to create
the world’s first GHG
emission reduction
system
© 2011 EOS Climate. All rights reserved.
11
PROJECT OVERVIEW - APPLIANCES
JACO Environmental
Hudson Technologies Inc
Clean Harbors
Environmental Services, AR.
© 2011 EOS Climate. All rights reserved.
12
NATIONAL OPERATIONS - LOGISTICS
© 2011 EOS Climate. All rights reserved.
13
STEP 1: EXTRACT R12 OUT OF THE COMPRESSOR
JACO Environmental
JACO Environmental
© 2011 EOS Climate. All rights reserved.
14
STEP 2: FURTHER PURIFICATION & BULK STORAGE
Hudson Technologies, Inc.
Hudson Technologies, Inc.
© 2011 EOS Climate. All rights reserved.
15
Step 3: How much was destroyed?
Clean Harbors Environmental Services, Inc.
© 2011 EOS Climate. All rights reserved.
Clean Harbors Environmental Services, Inc.
16
ODS DESTRUCTION PREVENT BAU EMISSIONS
CLIMATE CHANGE
HALOCARBONs
Reclaimed ODS is reused
in older equipment, and
ultimately leaked.
OZONE DEPLETION
BUSINESS AS USUAL
USE & BANKS
© 2011 EOS Climate. All rights reserved.
ODS OFFSET
PRODUCTION
Reclaimed ODS is
destroyed, creating a
verifiable and permanent
emission reduction. EOS
Climate is recognized as
pioneer of ODS
destruction in carbon
markets.
17
EOS CLIMATE – RESULTS DELIVERED
1st company to deliver domestic CRTs
Delivered over 1,500,000 CRTs
Repeated this accuracy 12 times for all eligible
domestic ODS from both commercial & residential
sources.
 Variance <0.0001 by 3rd party analysis
 Destruction to issuance < 3months
Merchandizing and financial partnership with Cargill
Sold to voluntary and compliance buyers seeking
permanent emissions reductions.
© 2011 EOS Climate. All rights reserved.
18
NEW FRONTIERS IN CLIMATE ACTION
THANK YOU.
Saskia Feast, Ph.D
VP Business Development
EOS Climate
[email protected]
626-840-6955
Arjun Patney
Carbon Market Strategist
Cargill
[email protected]
952-984-5521
© 2011 EOS Climate. All rights reserved.

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