Jewell, Rebecca wrote:
I hope I didn't imply that I had an answer to the question. I was only asking as I wonder how many entities along that chain expect that they would receive the credits in question resulting in more entities than credits...
Rebecca
-----Original Message-----
From: Mary Lou Van Deventer [mailto:marylouvan@no.address]
Sent: Monday, June 23, 2008 12:59 PM
To: Jewell, Rebecca
Cc: Neil Tangri; Curt McNamara; GreenYes@no.address
Subject: Re: [GreenYes] Re: Recycle Offset Credits?
Good question. Looks like a pyramid scheme, yes?
Mary Lou Van Deventer
Urban Ore
On Jun 23, 2008, at 12:46 PM, Jewell, Rebecca wrote:
Follow up question to this conversation...
If a City starts a recycling program, does outreach for
participation, hires a collection company who sorts the material and
sells it to brokers who then sell it to refiners who process it some
more (clean it, melt it, color sort it, etc) who then sell it to
manufacturers who make it into new products, who gets the carbon
credits for "recycling"?
Is it the City?
collection company?
broker?
the refiner?
manufacturer?
In the case of the City, they may be capping and trading under their
County or State laws.
But the collection company might be capping and trading in another
system.
And the broker, refiner and manufacturer might not even be in the
United States...
I'm just wondering what this would look like, if it became reality...
Rebecca Jewell
Recycling Programs Manager
Davis Street Station for Material Recycling & Transfer
A Waste Management company
510-563-4214
Fun Fact: Waste Management recycled more than 5 million tons of
commodities last year; preventing the release of more than 3.4
million metric tons of greenhouse gas emissions.
I have been lurking on this thread for a bit and find my self a little
confused. In the original example cited by Rebecca Jewell, what carbon
emissions are to be offset?
In the case of energy projects, a wind power project generates power
that is marketed to the power grid or to an individual user, say 2
Megawatts (MW). This power offsets the need for 2 MW of coal fired
power and the wind power project may offer the Carbon dioxide
equivalent of 2MW of Coal Power to the Carbon Market. This sale may or
may not encourage the wind project to add additional wind mills to
avail itself of additional carbon credits. Each MW of wind power
generated discourages the construction or renovation of a MW of coal
power.
What Carbon dioxide emitter would be offset by recycling in the
example? This emitter would be offset and credits would be created by
the offsetting entity. There would be no chain of credit formation.
--
JW.
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EOM ==========
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