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NEW FRONTIERS IN CLIMATE ACTION © 2011 EOS Climate. All rights reserved. O ZONE D EPLETING S UBSTANCES P ROTOCOL Climate Action Reserve Workshop September.

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Presentation on theme: "NEW FRONTIERS IN CLIMATE ACTION © 2011 EOS Climate. All rights reserved. O ZONE D EPLETING S UBSTANCES P ROTOCOL Climate Action Reserve Workshop September."— Presentation transcript:

1 NEW FRONTIERS IN CLIMATE ACTION © 2011 EOS Climate. All rights reserved. O ZONE D EPLETING S UBSTANCES P ROTOCOL Climate Action Reserve Workshop September 2011

2 © 2011 EOS Climate. All rights reserved. 1 G LOBAL W ARMING P OTENTIAL OF ODS [GWP] CO 2 1 GWP CFC-11 4,750 GWP CFC-12 10,900 GWP FOAM BLOWING AGENT Refrigerators Buildings Automobiles Furniture Packaging Many More REFRIGERATION & AIR CONDITIONERS Vapor Compression: Refrigerator Cabinet Refrigerator Room Office Building Warehouse

3 © 2011 EOS Climate. All rights reserved. 2 R EMAINING ODS B ANKS = S IGNIFICANT C LIMATE T HREAT 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

4 © 2011 EOS Climate. All rights reserved. 3 O ZONE D EPLETING & G LOBAL W ARMING P OTENTIALS (ODP) (GWP) Equal mass amounts

5 © 2011 EOS Climate. All rights reserved. 4 ODS: B USINESS AS U SUAL CLIMATE CHANGE OZONE DEPLETION HALOCARBONs USE & BANKSPRODUCTION Business as usual scenario all ODS is emitted

6 © 2011 EOS Climate. All rights reserved. 5 IPCC/TEAP 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 offsetting and surpassing the 5 Gt CO2 eq reduction sought during the first commitment period of the Kyoto Protocol.

7 © 2011 EOS Climate. All rights reserved. 6 C ARBON F INANCE P ROVIDES I NCENTIVES 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

8 © 2011 EOS Climate. All rights reserved. 7 E LIGIBILITY FOR D OMESTIC P ROJECTS Location ODS must be sourced and destroyed in U.S. or its territories Project Start Date Destruction within 6 months of project submission Additionality 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

9 © 2011 EOS Climate. All rights reserved. 8 D OMESTIC ODS P ROJECT D EFINITION 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

10 © 2011 EOS Climate. All rights reserved. 9 Q UANTIFYING E MISSIONS R EDUCTIONS 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

11 © 2011 EOS Climate. All rights reserved. 10 P ROJECT O PERATIONS AND M ONITORING 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

12 © 2011 EOS Climate. All rights reserved. 11 EOS S YSTEM : S CALABLE TO MEET M ARKET D EMAND EOS Climate integrates scientific & operational expertise with best in class business partners and cutting edge technologies to create the worlds first GHG emission reduction system

13 © 2011 EOS Climate. All rights reserved. 12 Hudson Technologies Inc Clean Harbors Environmental Services, AR. P ROJECT O VERVIEW - A PPLIANCES JACO Environmental

14 © 2011 EOS Climate. All rights reserved. 13 N ATIONAL O PERATIONS - L OGISTICS

15 © 2011 EOS Climate. All rights reserved. 14 S TEP 1: E XTRACT R12 OUT OF THE COMPRESSOR JACO Environmental

16 © 2011 EOS Climate. All rights reserved. 15 S TEP 2: F URTHER PURIFICATION & BULK STORAGE Hudson Technologies, Inc.

17 © 2011 EOS Climate. All rights reserved. 16 Step 3: How much was destroyed? Clean Harbors Environmental Services, Inc.

18 © 2011 EOS Climate. All rights reserved. 17 ODS D ESTRUCTION P REVENT BAU E MISSIONS CLIMATE CHANGE OZONE DEPLETION HALOCARBONs USE & BANKSPRODUCTION BUSINESS AS USUAL ODS OFFSET R eclaimed ODS is destroyed, creating a verifiable and permanent emission reduction. EOS Climate is recognized as pioneer of ODS destruction in carbon markets. Reclaimed ODS is reused in older equipment, and ultimately leaked.

19 © 2011 EOS Climate. All rights reserved. 18 EOS C LIMATE – R ESULTS D ELIVERED 1 st 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 < by 3 rd party analysis Destruction to issuance < 3months Merchandizing and financial partnership with Cargill Sold to voluntary and compliance buyers seeking permanent emissions reductions.

20 NEW FRONTIERS IN CLIMATE ACTION © 2011 EOS Climate. All rights reserved. T HANK Y OU. Saskia Feast, Ph.D VP Business Development EOS Climate Arjun Patney Carbon Market Strategist Cargill


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