By using the Biogas CAT, ABC says biogas project developers can accurately quantify carbon emissions data for companies that purchase renewable energy from biogas to meet their voluntary greenhouses gas reduction targets. This allows voluntary buyers to more accurately report their emissions cuts to their customers and shareholders and allows biogas projects to participate fairly in carbon markets that trade carbon certificates and realize the fair value of their investments, the association says.
According to ABC, any entity generating carbon-based credits or policy can use this tool to ensure that its carbon accounting is consistent and accurate across the many ways biogas can be produced.
“Thousands of companies, large and small, have already voluntarily committed to shrinking their carbon footprint and want to use renewable natural gas [RNG] and biogas-generated electricity as one way to do so; now we have a common way to properly account for the full lifecycle emissions of biogas projects, each of which can vary substantially in how much methane and CO2 it reduces,” ABC Executive Director Patrick Serfass says.
“Developers, policymakers, customers and regulators all need to accurately count carbon emissions to maximize environmental and economic benefits together.”
