# Presentation: 748524

##  Introduction to The Climate Registry 

-  Introduction to The Climate Registry

- Michelle Manion, Climate and Energy Team
- NESCAUM
- November 28, 2007

## Agenda

- Origins of The Climate Registry (TCR)
- Key Goals and Objectives of The Climate Registry
- How does The Climate Registry compare to other programs?
- The Climate Registry’s basic features and reporting requirements
- Next steps in TCR Development

## Origins of The Climate Registry

- California statute established the *Climate Action Registry*, a voluntary GHG reporting registry in 2001
- The Northeast states began establishing the *Eastern Climate Registry *as a complement to the Regional Greenhouse Gas Initiative (RGGI)
- In 2005, a group of states in Midwest considered developing a regional GHG registry

## Origins of The Climate Registry

- 2006: 20+ US states came
- together to merge regional
- GHG registry efforts.

- TCR is now a non-profit organization directed by environmental commissioners from member states and supported by NESCAUM, CCAR and LADCO.

- Participants in TCR Advisory Committee

## What is The Climate Registry?

- MISSION:  To create a platform for credible, highly transparent, and comprehensive GHG emissions reporting in North America
- MEMBERS: 	39 States, 3 Indian tribes,
- 			4 Canadian Provinces
-                          2 Mexican states
- NEW REPORTERS:
- National Grid, Wolverine Power, PG&E,
- Cormatech,
- 3M (*pending*) ....

## States’ Goals for The Climate Registry

- Provide business and government with a single consistent, GHG accounting tool
- Influence future GHG reporting—create a system for GHG reporting that could be the model for uniform GHG reporting across North America.
- Document credible early-action--register verified emission reductions prior to GHG regulation to potentially receive credit for early reductions.

## States’ Goals for The Climate Registry

- Establish a tool that could be used by states and provinces developing mandatory GHG reporting programs (e.g., New Jersey, WCI states)
- Create opportunities for learning, collaboration, and capacity-building on GHG policy within state and provincial governments, as well as industry and non-profit sectors

## Where does TCR fit relative to other voluntary GHG reporting and disclosure programs?

- _GHG REGISTRIES_
- CA Climate Action Registry
- The Climate Registry
- _GHG REDUCTION PROGRAMS_
- EPA Climate Leaders
- DOE 1605b/Climate Vision

- _TRADING PROGRAMS_
- Chicago Climate Exchange (CCX)
- _INVESTOR DISCLOSURE_
- Global Reporting Initiative
- Carbon Disclosure Project
- SEC 10-K (Potentially)

## How does TCR compare to other GHG programs? 

| PROGRAM | Participants | Gases  | Reporting Level | Organizational Boundaries | Emissions Scope | Third-Party Verification |
| --- | --- | --- | --- | --- | --- | --- |
| Global Reporting Initiative | International Organizations& Individuals | All GHGs | Public reporting not required | Determined by Participant | Determined by Participant | Not Required |
| Carbon Disclosure Project | International Organizations | Carbon | Entity Level 
(some sectors by country) | Determined by Participant | Direct and Indirect (Scope 3 Optional) | Not Required |
| The Climate Registry | N. American Organizations & State/Local Governments | ALL GHGs | Facility Level | Financial control encouraged; equity share and operational control accepted | Direct and Indirect
(Scope 1, 2 and 3) | Required |

- How does TCR compare to other GHG programs?

## How does TCR compare to other GHG programs?

| PROGRAM | Participants | Gases  | Reporting Level | Organizational Boundaries | Emissions Scope | Third-Party Verification |
| --- | --- | --- | --- | --- | --- | --- |
| DOE 1605b | US Organizations
(Report U.S. Emissions) | All GHGs | Entity Level
(Project level until 2007) | Financial control encouraged; equity share and operational control accepted | Direct;  Indirect Optional | Not Required |
| EPA Climate Leaders | US Organizations
(Report U.S. Emissions) | All GHGs | Entity Level | Determined by Participant | Direct plus electricity; indirect optional | Not Required |
| Chicago Climate Exchange | International Organizations
 | All GHGs | Entity, Facility or Project Level | Equity Share | Direct; Indirect Optional | Required (Performed by 
NASD) |
| The Climate Registry | North American Organizations (Report NA or International Emissions) | ALL GHGs | Entity-wide at Facility Level | Financial control encouraged; equity share and operational control accepted | Direct and Indirect
(Scope 1, 2 and 3) | Required |

## What are core TCR reporting requirements?

**General Reporting Protocol is based on WRI/WBCSD’s *****GHG Protocol*****, and requires:**
- Annual reporting of six GHGs
- Distinct reporting of direct and indirect emissions
- North American, entity-wide reporting at the facility level
- Independent third-party verification
- Public reporting of non-confidential emissions records

## What are core TCR reporting requirements?

**Reporting Options:**
- Transitional reporting permitted for 2 years
- Worldwide emissions reporting
- Organizational boundary defined by equity-share
- 	or financial/ operational control
- Reporting of historical data

## Next Steps in TCR Development

- Oct. 2007:     	Release of draft General Reporting Protocol to public
- Dec. 2007:	GRP undergoes revisions based on comments
- 			Public release of draft Verification Protocol (12/28)
- Jan. 2008: 	Official TCR Launch (Jan. 15-16, 2007):
- 				TCR Board approves General Reporting Protocol
- 				Release of software demo and new website
- Mar. 2008:	TCR approves Verification Protocol
- 			 TCR Software Available for Reporting
*Ongoing*:  	Development of industry- and project-specific 				protocols

## For more information:

- Allison Reilly
- (617) 259.2012
- areilly@nescaum.org
- -or-
- Michelle Manion
- (617) 259.2033
- mmanion@nescaum.org
- _[www.TheClimateRegistry.org](http://www.theclimateregistry.org/)_