![]() All regulated coal-fired power plants were issued sulfur emission allowances that would over time require them to reduce annual sulfur emissions. ![]() forests by acidic precipitation (“acid rain”). The carbon credit concept is based on the 1990 EPA acid rain program, where coal-fired power plants were required to lower their sulfur emissions by reducing the destruction of Canadian and U.S. A carbon credit typically represents one metric ton of carbon dioxide (CO2), the most prevalent GHG, and can be created by activities reducing GHG emissions, like reforestation. What are carbon credits? Carbon credits are sometimes purchased by businesses that are being required to reduce their greenhouse gas (GHG) emissions. This newsletter takes us through some of the basics regarding what ag credits are and why they are a current topic of discussion. strategy to reduce carbon emissions and avoid the very worst impacts of global warming. in Environmental Analysis and Management from Rice University in Houston, TX.There is a lot of discussion in the ag community about ag carbon credits as part of a larger U.S. John has a BS in Biological Sciences from University of Georgia and an M.S. ![]() His main tasks included environmental remediation of impacted industrial and commercial properties, construction oversight, and assisting clients with permitting and complying with state and federal standards for site specific operations. Prior to joining EM in May 2011, John worked as an Environmental Scientist for Millennium Science and Engineering in Atlanta, GA. While on the engineering desk he has supported EM’s development and marketing operations in the biogas industry, managed over 18 carbon offset projects operating around the U.S., and successfully completed over 50 verifications as the project proponent for over 20 carbon offset projects registered with the Climate Action Reserve, the Verified Carbon Standard, or the American Carbon Registry. John has 10 years of experience in the environmental credit markets and specializes in development, certification, and commercialization of carbon offsets and emission reduction credits in the U.S. John supports EM clients that are participating in carbon offset, emission reduction credit, and renewable natural gas markets for Element Markets. He received his BBA in Business from the University of Houston. In 2013, Randall was awarded the recognition of 40 under 40 by the Houston Business Journal recognizing him as one of the most influential young people in business in Houston. Randall is an acclaimed speaker and media resource in the areas of Biomethane, Renewable Energy Credits, Greenhouse Gas Trading, Regional Emission Markets, and pending emissions legislation and was a founding Board Member of the Renewable Natural Gas Coalition. Lack’s extensive experience in structuring environmental commodity transactions including biogas, emissions, renewable energy credits, and greenhouse gases has eclipsed $1 Billion in total transactions completed, which has led him to be recognized as one of the top executives in the environmental markets. In 2005, he co-founded Element and currently serves as Co-President. Randall Lack is a successful entrepreneur within the environmental commodity and alternative energy industries for almost two decades.
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