SAN FRANCISCO, Calif., November 2, 2009 — Locus Technologies (Locus), the industry leader in web-based environmental software, announced today the release of its free greenhouse gas (GHG) calculator.
By estimating the Metric Tons of Carbon Dioxide emitted from stationary sources, the calculator helps companies know if they are required to meet the California Air Resources Board’s (CARB’s) mandatory GHG reporting CARB 95101 (b)(8) legislation. This handy tool is located on Locus’ website.
“Carbon management and reporting in various legal jurisdictions in the U.S. and around the world is getting complicated by the rapid introduction of new legislation. Spreadsheets or even specialty databases will not work any more. Locus’ approach of deploying a universal web-based platform where multinational companies can input carbon data once and report many times and in many different formats is exactly the concept the market needs to avoid an accounting nightmare, ” said international carbon trading expert Peter Fusaro, Chairman of New York based Global Change Associates (www.global-change.com), cofounder of the Energy Hedge Fund Center, and creator of the annual Wall Street Green Trading Summit (www.wsgts.com).
“The U.S. EPA Federal Mandatory Reporting Rule and the Climate Registry’s work to harmonize emissions reporting coupled with tools like Locus’ GHG calculator and ePortal will help industry to streamline their GHG reporting requirements while getting insight into their energy consumption,” added Fusaro.
“Offering industry a free GHG estimator is a part of Locus’ broader strategy to provide a suite of cloud-based carbon management tools in our ePortal where customers input GHG and other sustainability information once and report it many times to meet various requirements,” explained Neno Duplan, President and CEO of Locus.
“Locus’ GHG calculator is useful for quickly estimating reporting eligibility and requirements. Organizations will realize cost-savings by organizing their GHG and other sustainability data with Locus’ ePortal software; they can retain historical information in Locus’ central database on the web and use that information for planning and budgeting,” added Duplan.
In addition, the Final Mandatory Reporting of Greenhouse Gases Rule, recently announced by the EPA, imposed a requirement that will require all facilities that emit 25,000 Metric Tons of Carbon Dioxide Equivalent (mtCO2e) per year to report GHG emissions data to EPA annually. To estimate CO2e for Federal EPA requirements, EPA has provided an equivalency calculator at their website, which is accessible from Locus’ website.
Although California ARB and Federal EPA have similar 25,000 ton reporting requirements, the calculation requirements are different. EPA considered several factors when developing the reporting threshold, including the form of the threshold and emissions-based thresholds used in other GHG emissions programs such as California’s 95101 (b)(8) and the Department of Energy’s (DOE’s) 1605b program. EPA’s 25,000 metric ton CO2e threshold will cover many of the types of facilities and suppliers typically regulated under the Clean Air Act (CAA), while appropriately balancing emission coverage and burden.
Locus’ GHG estimating calculator was developed in collaboration with Ecotek (www.ecotek.com), a Los Angeles based consulting firm specializing in air emission reduction solutions. Ecotek is a Climate Action Leader with the California Climate Action Registry and a founding member of The Climate Registry.