US EPA Fires Starting Gun For GHG Reporting
Published: 17 March 2009
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Executive Summary
The US Environmental Protection Agency (EPA) released its proposed Greenhouse Gas (GHG) Mandatory Reporting Rule on March 10, 2009. The proposed regulation has been in the works since 2007. It fires the starting gun for mandatory reporting of GHG emissions and the implementation of a federal cap-and-trade scheme possibly in 2013. By preparing a public welfare and health endangerment ruling for GHG emissions the EPA will seek to avoid delay in Congress. The regulation will cover 85-90 per cent of US greenhouse gas emissions and will affect 13,000 installations. Mandatory measuring and monitoring would start in January 2010 with the first GHG report due as early as March 2011. Corporate climate change strategies need to spin on a dime to meet the EPA’s deadlines. Firms will need financial advice and hosted carbon software.
TABLE OF CONTENTS
FIRMS NEED TO ASSESS EXPOSURE TO THE EPA’S GHG RULE
The Proposed GHG Reporting Rule Is Broad And Deep
Mandatory Reporting Will Most Likely Begin In 2011
US Corporate Climate Change Strategies Will Need To Spin On A Dime
TABLE OF FIGURES
Figure 1. Installations And Operations Covered By The US EPA’s GHG Rule
Figure 2. Mandatory Reporting Begins In 2011, Cap-And-Trade Looks Possible In 2013
Companies Mentioned
CH2M HILL
Deloitte
Enviance
ESS
The Shaw Group