In recent years, many electric companies, combined electric and natural gas utilities, and other companies have adopted aggressive corporate decarbonization and “net-zero” goals. However, in the current fractured regulatory landscape of voluntary and regulatory carbon markets and the ongoing, rapid evolution of existing greenhouse gas (GHG) emissions accounting and disclosure rules, it is not clear how electric companies can report, track and “take credit” for actions they may take that reduce their GHG emissions.
This EPRI report explores three interrelated research questions: (i) What types of actions can electric companies and combined electric and natural gas utilities take to reduce their scope 1, 2 and 3 greenhouse gas emissions? (ii) How can electric companies and combined utilities measure the impact of actions and activities they may take to reduce their greenhouse gas emissions? (iii) How can electric companies and combined utilities report and “take credit” for GHG emissions reductions they may have achieved?
Authors Adam Diamant