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Carbon Readiness Strategies for the US EPA’s new greenhouse gas emissions (GhG) standards
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Do you have a carbon readiness strategy? It’s no longer optional; the US EPA is regulating greenhouse gas emissions.
Carbon emission programs have grown rapidly in recent years. Under these programs, some companies that emit greenhouse gases (GhG) have already had to manage their carbon emissions so as to know how many emissions credits to buy or sell. However, a new regulation from the US Environmental Protection Agency (EPA) will start regulating a larger population of facilities in the United States beginning in January 2010. While the EPA’s new mandatory GhG reporting rule will only require GhG reporting for affected facilities, successful implementation of this new rule will help companies better manage GhG issues going forward.
Join Gulf Publishing and Ernst & Young as we explore some of the accounting, tax and compliance considerations with respect to the existing carbon emissions programs in the US and highlight the opportunities and challenges that companies should consider as they develop their carbon market readiness plan.
Herb Listen, Partner, Ernst & Young LLP
Herb is a Partner in the Oil & Gas and Power & Utilities sectors of Ernst & Young. He has over 17 years of public accounting experience serving clients in energy trading and exploration, production, utility and refining segments of the energy industry.
Brian Gilbert, Executive Director, Ernst & Young LLP
Brian Gilbert is an executive director in Ernst & Young’s Investigation & Dispute Service’s practice and leads its US Environment & Sustainability practice. Brian has over twenty-five years of environmental, operations and engineering experience.