Carbon 101 💨
This scope includes emissions from fuel burned onsite, like boilers or generators
What is Scope 1?
This federal regulation in Canada requires fuel suppliers to reduce the carbon intensity of fuels
What are the Clean Fuel Regulations?
Claiming the same emissions reduction under two programs is called…
What is double counting?
______ market is regulated by governments:
Voluntary
Compliance
What is the Compliance market?
The concept that lets us compare different gases on one scale.
What is Global Warming Potential (GWP)?
This Canadian pricing system applies to large industrial emitters not covered by provincial systems
What is the Output based Pricing System?
Independent review to confirm emissions claims are accurate.
What is third-party verification?
________ is more valuable (usually)?
Avoided emissions
Carbon removals
What are carbon removals?
The unit almost all carbon markets use.
What is tonnes of COâ‚‚e?
True or False: Electricity emissions factors are the same across all Canadian provinces.
What is False?
This document defines how emissions should be quantified and reported for most corporate inventories
What is the GHG Protocol?
________ comes first in a carbon market project?
Credit issuance
Verification
What is verification?
Which scope usually makes up the largest share of a company’s emissions?
What is Scope 3?
What federal law establishes Canada’s economy-wide carbon pricing framework?
What is the Greenhouse Gas Pollution Pricing Act (GGPPA)?
Which ISO standard governs the verification of greenhouse gas statements?
What is ISO 14064-3
This tool is used for tracking ownership and retirement of credits
What is a registry?