New GHG-Emissions Measurement Tool to Democratize Carbon Footprinting

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OAKLAND, Calif. -- A partnership between Evergreen Energy and Enterprise Information Management has used IBM technology to develop the GreenCert greenhouse gas meter, which can make monitoring, reporting and trading carbon emissions an automated and efficient process.

The meter uses IBM technology applied to GHG emissions by Evergreen's subsidiary company C-Lock Technology, which captures data imputs from a number of streams and uses them to clearly quantify emissions generated, as well as changes over time in total emissions.

Because the GreenCert meter can be deployed in all kinds of different facilities, IBM believes this new technology will enable GHG trading markets to expand to a range of new industries, including agriculture, government and financial services, as well as more traditional commercial enterprises.

The new project releases greenhouse emissions measurements from its previous reliance on customized measurement solutions, which lowers the barriers to entry for smaller businesses, as well as less specialized or carbon-intensive industries.

Global carbon markets are already big business: in 2005, the latest year for which full data is available, more than $10 billion in carbon reduction credits were traded. Estimates suggest that for 2006 that number could be as high as $30 billion. If new, more easily accessible technologies like the GreenCert meter spread the range of sectors for carbon trading, global carbon markets could expand exponentially in coming years.

More information about the GreenCert meter and the technologies behind it are available online at C-lockTech.com, EvEnergy.com and EIM-Worldwide.com.

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