Updated: 5/16/2006; 10:35:52 AM.

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daily link  Monday, January 13, 2003

US Companies Demonstrate Value Of Greenhouse Gas Trades: "Partnership for Climate Action (PCA) members Dupont and Entergy traded accumulated emissions reductions on November 1, [2002, transferring] 125,000 metric tons of CO2-equivalent verified emission reductions from Dupont to Entergy. The greenhouse gas involved in the transaction was nitrous oxide (N2O). The specific N2O reductions in the trade were achieved in 2001 at Dupont's Sabine River Works adipic acid plant near Orange, Texas. Dupont's voluntary installation in 1997 of a Dupont-designed catalytic control process accounted for the reduced emissions. This process decomposes the N2O generated in the production of adipic acid into two inert gases, nitrogen and oxygen. .. Entergy and Dupont both have established targets and timetables for reducing or capping greenhouse gas emissions associated with their operations.  .. Through actions, including investing more than $50 million in facility retrofits, Dupont has been able to achieve reductions in excess of its target. .. Entergy and DuPont estimate that their trade will fall within the estimates of a recent analysis by emissions brokerage firm Natsource which indicated that verified emission reductions currently trade in the range of $1 to $5 per CO2-equivalent ton."  A fuller report details DuPont's energy reductions and internal process that have delivered a 65% reduction in GHG emissions below 1990 by 2002, 9 years ahead of its target date, with more high-return projects in the pipeline.  5:11:57 PM  permalink  


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Last update: 5/16/2006; 10:35:52 AM.