The Climate Action Reserve is a private nonprofit organization representing international interests in addressing climate change and bringing together participants from the government, environment and business sectors. As the premier carbon offset registry in North America, it works to ensure environmental benefit, integrity and transparency in the carbon market. It establishes high quality standards for quantifying and verifying greenhouse gas (GHG) emissions reduction projects, oversees independent third-party verification bodies, issues carbon credits generated from such projects and tracks the transaction of credits over time in a transparent, publicly-accessible system. By ensuring that GHG reduction projects provide true environmental benefit and earn high quality offsets, the Climate Action Reserve is creating a trusted and valuable commodity and bringing credibility and efficiency to the carbon market. For more information, please visitwww.climateactionreserve.org.
As part of their effort to meet and exceed current carbon offset requirements, RemTec's agreement with DoloMatrix allows them to be the exclusive representative SRL Plasma Plascon equipment only for ODS destruction in North America. DoloMatrix destruction technology along with RemTec's patented recovery and reclaiming equipment will meet the recent Ozone Depleting Substances Project Protocol--a protocol which seeks to deliver permanent greenhouse gas (GHG) emission reductions for the carbon compliance market.
Richard Marcus, RemTec's President and CEO stated, "Our alliance with DoloMatrix provides the compliance-offset market a high quality carbon offset for several reasons. First, the Destruction Efficiency (DRE) is extremely high - exceeding 99.9999% and it is environmentally superior compared to high temperature incineration that burns an assortment of hazardous waste products, in order to reduce their halocarbon load as a percentage of total harmful emissions. In contrast, Plasma Arc Technology is environmentally friendly because emissions to the atmosphere are de minimus, the rate of dioxin and furan emissions is lower by orders of magnitude, the only effluent is harmless salt water, and it has a lower carbon footprint."
RemTec believes its partnership with DoloMatrix will provide superior carbon offset credits because of their use of Technology & Economic Assessment Panel (TEAP) testing methodology is specifically designed to measure the destruction of ODS. Moreover, RemTec's extensive online tracking and documentation systems provides complete transparency to carbon offset providers, verifiers and outside regulatory agencies on a 24 hour basis.
RemTec's History with Emerging Carbon Offset Project Standards
In recent years, The Reserve recently adopted two new carbon offset project standards that could lead to millions of metric tons of greenhouse gas (GHG) emissions reductions. Targeting the destruction of Ozone Depleting Substances (ODS), the U.S. ODS Project Protocol and the Article 5 ODS Project Protocol provide financial incentive for destruction of ODS in the U.S. and developing countries. Because ODS can be thousands of times more powerful than carbon dioxide (CO2) at trapping heat in the atmosphere, ODS offset projects may produce hundreds of thousands - or even millions - of carbon offset credits.
ODS are used in a variety of applications, and as their name suggests, they have tremendously harmful effects on the ozone layer. They also are potent GHGs; some are more than 10,000 times more effective than CO2 at trapping heat in the atmosphere. While the ODS included in the protocols are no longer actively produced, their continuing presence in refrigeration equipment and insulation foams represent enormous potential for GHG emissions. Both the U.S. ODS Project Protocol and the Article 5 ODS Project Protocol address the destruction of ODS as the means of preventing emissions. The U.S. ODS protocol includes refrigerants and foam blowing agents sourced from the U.S. The Article 5 ODS protocol includes refrigerants from "Article 5" countries, which are developing countries as defined under the United Nation's Montreal Protocol.
We are proud members of the Chicago Climate Exchange (CCX) and an account holder in the Climate Action Reserve (Reserve)
Although CCX is a voluntary program aimed at GHG reductions, members have made a legally binding emission reduction commitment. Members pledge to reduce their emission annually in accordance to their baseline and the Chicago Climate Exchange Emission Reduction Schedule. RemTec’s ODS destruction program generates surplus credits that can be sold to members of the CCX.
For more information on how RemTec can help your company reduce its Carbon footprint, please contact us at:
CFC carbon offsets can be used to compensate for the emissions produced by funding an equivalent carbon dioxide saving somewhere else. A carbon offset is an investment in a project or activity that reduces greenhouse gas (GHG) emissions or sequesters carbon from the atmosphere that is used to compensate for GHG emissions from your own activities. Carbon Credits are purchased and used to "Offset" GHG emissions that companies can not reduce themselves to meet their own carbon emission reduction objectives or compliance. The destruction of certain Ozone Depleting Substances (ODS) may qualify for CFC Carbon Offsets. RemTec uses its Plasma Arc Destruction Technology and experience to properly destroy ODS material. CFC carbon offsetting provides a mechanism to reduce GHG emissions in the most cost-effective and economically-efficient manner.
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