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The Carbon Offset trading market has seen a significant increase in activity during recent times. As more and more industry leaders move towards net-zero carbon emissions, many companies are looking into ways to generate or use carbon offsets, and demand for these offsets is expected to rise.
Alberta, Canada, has had a carbon registry since 2007 and has 21 carbon offset quantification protocols approved within the program.
In 2020, the Pneumatics Protocol was introduced as a way that oil and gas producers could generate carbon offsets by reducing or eliminating emissions generated from pneumatic equipment. Alberta Environment and Parks are currently evaluating the Solution Gas Protocol, which is expected to be completed in early 2021.
Companies like EnviroVault LP are ready to help producers reduce emissions while generating ROI using the Carbon Offset network.
“We’re excited to see the offset program working to help lighten the enormous emissions reduction load,” says David Harbicht, General Manager with EnviroVault. “Many of our customers are showing significant interest in using combustors to generate offset credits.”
Carbon offsets are a relatively new industry, and companies like EnviroVault has teams dedicated to developing plans and strategies to help producers begin generating offsets.
Learn more about how EnviroVault can help you by visiting envirovault.com
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