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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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.