The EPA is seeking public comment on their national greenhouse gas reporting program to determine which industry-related greenhouse gas information should be made public and which non-emission data should be entitled to confidential treatment. The agency is now requiring underground coal mines, industrial water treatment systems, industrial waste landfills, and magnesium production facilities to report their emissions. The EPA is planning to provide data to the public by March 2011.
The EPA has released the U.S. greenhouse gas inventory report, which shows a drop in overall emissions of 2.9 percent from 2007 to 2008. The downward trend is attributed to fewer emissions associated with fuel and electricity consumption. Emissions are still 13.5 percent higher than they were in 1990.
The EPA has proposed several changes to its greenhouse gas (GHG) registry, a new mandatory program requiring thousands of facilities economy-wide to monitor and report their emissions of global warming gases. EPA is proposing to add oil and natural gas facilities and facilities that inject carbon dioxide (CO2) underground for storage, along with other facilities.
In California, more than 97 percent of the state's 600 largest facilities are complying with the California Air Resources Board's mandatory reporting requirements for greenhouse gas emissions.
In a deal with NY's Attorney General, energy company AES Corp. will disclose information to investors about financial risks associated with climate change. In 2008, two other energy companies agreed to similar disclosures.
A new brief from the World Resources Institute, Accounting for Risk, makes the case for reporting by financial institutions of GHG emissions in their investment portfolios. Pressure is mounting for financial companies to disclose their investment risks, especially those from climate change.
The head of EPA's air office says of the new greenhouse gas registry, "I'm hoping it will have the exact same effect as the Toxics Release Inventory and be actually even more successful."
The EPA finalized its mandatory greenhouse gas (GHG) reporting rule Sept. 22, creating the nation's first mandatory GHG registry, with facilities to begin emissions monitoring January 2010.