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Carbonetworks(TM) GHG JumpStart Program Enables Participation With EPA’s Mandatory Greenhouse Gas Reporting Rule

September 24, 2009

Rapid Compliance With Automation of GHG Management

SAN FRANCISCO, Sept. 24 /PRNewswire-USNewswire/ — Carbonetworks(TM), a leading software company that provides performance management for energy, greenhouse gas (GHG) emissions, and sustainability solutions, announced today the availability of GHG JumpStart, a program of software solutions and support to support compliance with the EPA’s new Mandatory Reporting Rule for greenhouse gases.

Issued on September 22, 2009, the EPA Rule will specifically require for the first time that large emitters of heat-trapping emissions begin collecting GHG data under a new reporting system.

The EPA Rule affects suppliers of fossil fuels or industrial greenhouse gases; manufacturers of vehicles and engines; and facilities that emit 25,000 metric tons or more per year of GHG emissions. Enterprises and facilities in the affected categories will be required to submit annual reports to EPA. The gases covered by the rule include carbon dioxide (CO2), methane (CH4), nitrous oxide (N2O), hydrofluorocarbons (HFC), perfluorocarbons (PFC), sulfur hexafluoride (SF6), and other fluorinated gases, including nitrogen trifluoride (NF3) and hydrofluorinated ethers (HFE).

Participating enterprises and facilities will be required to collect data beginning January 1, 2010, with the first report issued by the EPA March 31, 2011. The EPA estimates data collection and reporting will involve nearly 10,000 facilities in the United States, representing approximately 85 percent of U.S. GHG emissions.

With over a decade of experience, Carbonetworks has helped hundreds of customers to manage their GHG data on a robust but easy-to-use system. With over 6,000 sites implemented to date, its customer base ranges from oil & gas, utilities, manufacturing, to telecommunications, technology, financial services, retail, and consumer products.

“We are committed to helping our customers meet the new EPA regulations quickly, effectively and economically,” said Michael Meehan, President & CEO of Carbonetworks Corporation. “As a leading GHG software vendor, we are uniquely positioned to leverage our best practices and proven methods to mitigate risk. With 2010 as the first reporting year, it’s critical for companies to act now.”

The Carbonetworks Performance Management Platform helps companies run their Energy, GHG and Sustainability initiatives by providing a consolidated corporate scorecard for measuring performance. This modular approach enables companies to start managing and reducing their carbon and energy inventories quickly and easily. The platform can be integrated with hundreds of systems, from spreadsheets to legacy ERP and in-house software, making replacement of existing data systems unnecessary. It also helps companies evaluate their inventories, plan for reductions based on ROI analysis, then optimize their plan by connecting to the largest network of carbon and energy management network.

Carbonetworks Corporation invites qualified companies affected by the Rule to register for a free trial of GHG JumpStart. To learn more, please email epa.solutions@carbonetworks.com, call toll free (800) 571-0694 or visit http://www.carbonetworks.com/epa-solutions/

Additional Background:

According to the EPA, GHG data reported to the agency will allow businesses to track their own emissions, compare them to similar facilities, and provide assistance in identifying cost effective ways to reduce emissions in the future. Under the rule, fossil fuel and industrial GHG suppliers, motor vehicle manufacturers, engine manufacturers and facilities that emit 25,000 metric tons or more of CO2 equivalent per year will be required to annually report GHG data to the agency. EPA reports that this threshold is equivalent to the amount of GHG emissions from the annual energy use of 2,200 homes or 4,600 passenger vehicles.

Links:

Carbonetworks: http://www.carbonetworks.com/

Products & Services: http://carbonetworks.com/what-we-do

Twitter Pitch: @carbonetworks Thousands of the largest US companies need to start collecting GHG emissions data in just 100 days. Ready? We can help http://su.pr/2J2jid

Mandatory Reporting Rule: http://www.epa.gov/climatechange/emissions/ghgrulemaking.html

After ten years of research and experience, Michael Meehan and Stephen Mooney founded Carbonetworks Corporation 2005. A leader in GHG management software and services, Carbonetworks is headquartered in San Francisco, California with offices in London and British Columbia. The Company is privately held, with Series A funding from NGEN Partners and Swiftsure Capital.

SOURCE Carbonetworks


Source: newswire



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