When you purchase carbon credits to offset your personal greenhouse gas emissions, do you really know where that money is going or how those credits are counted in the market? The Center for Resource Solutions (CRS) will make sure you do with their upcoming Green-e Certified Greenhouse Gas Reduction Product Certification Program.
CRS has been in the renewable energy certification and verification business for ten years. Their Green-e certification programs provide assurance to consumers that the businesses sporting the Green-e logo meet the program's requirements for renewable energy options. Now Green-e is expanding their certification guidelines to include Greenhouse Gas Reduction (GHG) products.
While most companies assure customers that money spent on GHG reduction products, like personal renewable energy credits, will go towards specific things like planting trees or funding wind farm projects, there are currently no standards or verification processes in place.
CRS hopes to fill this void with the Green-e GHG Product Certification Program, which will set product standards, develop a verification process and release consumer disclosure guidelines.
The details of the Green-e GHG program are still being finalized. CRS is working with a governance board, an advisory group and stakeholders in the development of the standard. While the governance board and the advisory group are made up of industry experts, and environmental organizaitons and businesses, anyone can be a stakeholder and give input on this process. All of the documents involved are downloadable at Green-e.org.
One important factor in this certification process is the issue of additionality, or making sure that GHG reduction products sold to customers are verified, that they aren't counted elsewhere and that money goes towards projects that would not have happened without the carbon market. Strict additionality standards will add credibility to the voluntary carbon market and ensure that your purchase really will make a difference.
Green-e analyst Lars Kvale stresses, however, that regardless of certification, consumers should not buy carbon credits in lieu of reducing their own green house gas emissions.
What we're trying to do with the certification program is to enable consumers to offset their emissions they can't reduce… For example, most environmentally minded folks still take airplane trips and you can't buy a ticket for a renewable powered airplane. That's just not possible right now.
So this is where folks are coming and saying, well if i can't do that, let me do what's the next best, which is to get a reduction somewhere else. Then on balance it will even out with the understanding that yes, it doesn't mean my airplane does not have any impact, it means I'm offsetting that impact. [This program will] enable that to work for consumers. It's not an instead of, but really in addition to energy efficiency and buying renewable energy.
Green-e has invited sellers of GHG reductions to participate, including the Chicago Climate Exchange (CCX) and Gold Standard. The Green-e GHG Product Certification Program is expected to roll out this summer.
Illustration: Ilana Kohn