Whether your company is just beginning to consider the benefits of getting involved in green energy segments or you’re a current player seeking to expand your markets, you need to understand how greenhouse gases, or GHGs, work. This article covers the basic information about greenhouse gas emissions.
The first in a four-part series, the article addresses these questions:
- What are greenhouse gases, or GHGs?
- How are greenhouse gas emissions measured?
- What emissions are measured?
- Who needs to measure and report GHG emissions?
- What do ‘carbon neutral’ and ‘net-zero emissions’ mean?
- What is the voluntary carbon market?
- What is greenwashing?
- How can your company prepare for the future and take advantage of the opportunities while ensuring GHG emission compliance?
Why It Matters
Carbon emissions aren’t just a concern for industrial plants anymore. Businesses are seeing new opportunities instead of just regulatory headaches. Emerging technologies can sequester — capture and lock away — carbon from the atmosphere, and companies with big carbon-reduction projects are taking advantage of the opportunities — the voluntary carbon market — to sell those reductions as carbon credits in an international marketplace. On the regulatory side, the U.S. Securities and Exchange Commission (SEC) has proposed regulations that would require all public companies to report their carbon emissions and other measures of environmental sustainability.
Upcoming articles will take a deep dive into the three different types of emissions, called “scopes” used to delineate direct and indirect sources of greenhouse gas emissions.
- Greenhouse Gas Emissions Scope 1
- Greenhouse Gas Emissions Scope 2
- Greenhouse Gas Emissions Scope 3