Clean Energy Companies Offset GOP Convention Emissions

Clean Energy Companies Offset GOP Convention Emissions

Three companies in the clean energy market -- Boston Carbon Corporation (BCC), Access Industries, and GreenFuel Technologies -- say they are donating 40,750 greenhouse gas certified trading credits (CTCs) to offset the carbon that will be added to the atmosphere by delegates, guests, political figures, and media traveling to and from the Republican National Convention (RNC) this week.

With this donation, the RNC travel-related emissions will be rendered "carbon-neutral."

The three companies -- Boston Carbon, an environmental remediation consulting company; Access Industries, a global, private investment firm; and GreenFuel Technologies, a company based around novel biological emissions management technology -- made a similar donation on behalf of the Democratic National Convention (DNC) last month.

Charles Parker, President of Boston Carbon commented, “Our donation highlights the fact that voluntary reductions of greenhouse gases have a role to play in meeting this critical environmental issue. For many companies, reducing greenhouse gas emissions and turning them into carbon credits is not only good for the environment, but also good for their bottom line.”

While there is growing awareness of the role of excess CO2 in global warming, many citizens, government officials, and even business leaders may not realize that reducing greenhouse gas emissions can create its own economic rewards. This donation provides a practical demonstration of the premise that what’s good for the environment is also good for business.

The credits were created through the capture of fugitive methane gas from a coalmine in Alabama. Methane gas is a particularly serious greenhouse gas since its global warming potential is twenty-one times that of carbon dioxide. After cleaning and processing, the captured methane gas is fed into an existing natural gas pipeline system for sale to natural gas customers.

The donated trading credits certify that an actual reduction of 40,750 tons of greenhouse gas (GHG) emissions has been achieved and that the reduction meets all of the criteria laid out by the United Nations Framework Convention on Climate Change. The credits were donated to the Coalition for Environmentally Responsible Conventions (CERC). CERC has worked with both the RNC and the Democratic National Convention (DNC) earlier this summer to implement environmentally responsible practices wherever possible in relation to the conventions. “These donations highlight the fact that reducing greenhouse gas emissions is an important goal that we can all agree on," commented Dan Ruben, executive director of CERC.

According to Paul Rodzianko, Senior Vice President at Access Industries, “Access believes that environmental security transcends political party boundaries. The twin issues of the environment and the economy impact all Americans, regardless of party affiliation. We are putting that belief into action by investing in new environmental management technologies which can create new jobs and new economic prospects by reducing waste.”

In the United States, though there are no federal CO2 mandatory limits, bipartisan groups are addressing the issue at the state level. For example, the Regional Greenhouse Gas Initiative, or RGGI, a cooperative effort by nine Northeastern and Mid-Atlantic states, will set a regional limit for how much carbon dioxide electric power plants can produce and allow emitters who produce less than allowed to trade credits with those that exceed the cap. Six of the nine governors in the RGGI states are Republicans.

Dr. Isaac Berzin, President and CTO of GreenFuel Technologies, summarized his company’s motivation for participating in the donation. “At GreenFuel, our technology is a perfect example of how it’s no longer necessary to think about profit versus environmental performance, or liberal versus conservative viewpoints. It’s not even necessary to wait for future scientific advances or changes in regulatory standards. All that is needed is to make businesses, statesmen, and citizens aware that greenhouse gas pollution problems can be converted into profit opportunities here and now in the United States of America.”