New Guidelines Improve Accounting for Energy Sector Carbon Offsets

WASHINGTON, DC, September 7, 2007 — Quantifying the greenhouse gas emissions benefits of renewable energy and energy-efficiency projects is now easier with today’s release of new accounting guidelines by the World Resources Institute (WRI) and the World Business Council for Sustainable Development (WBCSD). The Guidelines for Quantifying GHG Reductions from Grid-Connected Electricity Projects is a how-to manual based on the “GHG Protocol for Project Accounting,” previously developed by the two organizations. “Accounting for GHG reductions from grid electricity projects is complicated, but it’s a critically important sector for climate change,” said Derik Broekhoff, a senior associate at WRI and the lead author...
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