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.
What Is A Protocol Or Methodology
In a nutshell, a protocol is a license to generate credits. For any kind of GHG-reducing activity, a methodology (in CDM-speak) or a protocol (in US-speak) provides for a clear and transparent process to calculate the baseline emissions and to monitor the actual reductions. The methodology states the formulas one has to follow, the data one has to collect, the frequency of data monitoring, and the quality-control steps needed to ensure the integrity of the data. The methodology also lays out the process for determining if a project is additional – that is to say above and beyond business-as-usual.
With no methodology, there are no carbon credits. If a company can use one of the 100 or more methodologies out there – everything from industrial gas abatement to landfill gas capture to renewable energy – then it should. But in many cases, projects don’t fit neatly into an established methodology, so deviations, amendments or completely new protocols are required. Or one registry may have an approved protocol that cannot be used or transferred to another. Carbonomics, having written or co-written more than 10% of all the CDM methodologies, knows more than just about anyone about guiding a company through methodology review and approval. Carbonomics staff has expertise with most of the approved methodologies in the carbon sphere. Even using an existing protocol has its challenges, as many have a dizzying array of formulas, data variables, quality-control procedures, etc. This is where Carbonomics can help.