Market News

 December 07, 2007
Large California Based Facilities Must Report GHG Emissions in 2009

 EL Monte, USA (By GreenBiz) -- California's largest industrial greenhouse gas polluters will have to report emissions every year, according to a new rule approved Thursday by the state's Air Resources Board.

Large facilities within the oil, electricity, cement and food processing industries, among others, must begin reporting emissions in 2009. The facilities must begin tracking the emissions next year but the data won't be verified until 2010.

The facilities subject to the new reporting mandate are the largest industrial sites in the state and responsible for about 94 percent of emissions associated with commercial and industrial interests.

Roughly 800 sources fall under the new guidelines and each emit more than 25,000 tons of carbon dioxide annually from on-site source combustions, such as large furnaces.

The Air Resources Board, a department of the state Environmental Protection Agency, announced the decision Thursday, along with the news that the state must prevent 173 million tons of carbon dioxide, or the equivalent, in order to meet its goal of reducing emissions to 1990 levels by 2020.

The goal was set as part of AB32, California's climate change legislation known as The Global Warming Solutions Act of 2006.