Carbonomics® is a leader in helping businesses realize the potential of carbon credits in the US and international emission-trading markets. Carbonomics identifies greenhouse-gas (GHG) reduction opportunities, determines how projects can generate carbon credits, and guides companies through the entire process - from project inception to annual verification.
Carbonomics® also helps local governments set up community choice programs that accelerate renewable energy development and reduce GHGs.
Oil And Gas
Carbonomics staff wrote the first oil and gas methodology that dealt with fugitive emissions from gas pipeline compressor and gate stations. This approach uses advanced leak measurement technology to determine precisely the rate of gas leaking from anything to a blow down valve to a packing vent.
Once approved, this methodology triggered a tsunami of investment in Russia to repair leaks from gas distribution companies. According to a report from Climate Strategies, more than half of all Joint Implementation (JI) projects from Russia will use this methodology, which could eliminate almost 59 million tons of CO2 equivalent from the atmosphere.
More recently, Seth Baruch assisted in the development and approval of the American Carbon Registry's first oil and gas methodology. This approach is the first approved U.S. carbon offset methodology for a fugitive methane emission reduction project in the oil and gas sector and allows for voluntary credits to be generated from the conversion of high-bleed pneumatic controllers to low-bleed, which can significantly reduce methane emissions. Pneumatic controllers are used in oil and gas production and are designed to leak methane. Better technology exists, however, to reduce or eliminate these emissions.