Hitting a moving emissions reduction target: getting ahead of facility re-benchmarking
Change is the only constant: market forces and evolving regulations are re-shaping the energy landscape. As we enter 2023, aggregate facility benchmarks may get re-established for Alberta-based emitters.
Aggregate facilities registered under provincial TIER Regulations will need to reduce emission intensity by 10%, relative to their FSB. With aggregate facility populations changing year-over-year due to M&A activity, drilling activity, and/or new Petrinex IDs, re-established benchmarks introduce a moving target.
Join Corey Wood, Validere's Vice President of Emissions, Regulatory & Carbon Strategy, to learn about:
- How re-benchmarking of aggregate facilities works
- Financial implications associated with M&A activity and facility-level volumetric reporting
- Re-benchmarking scenarios you can expect
- How to be proactive and get ahead of evolving TIER regulations
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About Validere
Validere is an Emissions Management Software Platform that enables customers to integrate their operational and field measurement data for regulatory reporting and corporate emissions initiatives.
Over 50 of North America’s leading energy companies rely on Validere’s technology and multidisciplinary experts to understand their emissions and navigate an increasingly complex environment with clarity and ease.
Validere is on a mission to better human prosperity by making the energy supply chain efficient and sustainable. The company has offices in Houston, Calgary, and Toronto.
