The methodologies for quantifying, documenting and reporting of carbon dioxide removals, called Emission Reduction Units (ERUs) from all CFS Voluntary Emission Reduction Projects are completed and independently validated in accordance to the highest available industry standards. These standards include ISO 14064-2, Climate Community Biodiversity Alliance (CCBA) and Voluntary Carbon Standard (VCS) Framework.
Typically CFS signs an Emission Reduction Purchase Agreement (ERPA) with companies looking to purchase large amounts of ERUs. Larger projects are listed on Registry.s such as Market Environmental Registry to ensure full project transparency and avoidance of double counting. All projects include a buffer or inventory reserve based on project risk factors, to guarantee delivery of ERUs during the project period.
CFS provides a certificate of Authenticity to all individuals purchasing ERU.s from the Company website. As an extra level of certainty and internal control system, each Company ERU is assigned an individual serial number that is immediately retired from Company inventory upon sale, to further ensure there is no double counting.
All procedures and methodologies for the calculation of carbon credits from CFS projects designated for the Kyoto / Post-Kyoto period are completed in accordance to either the Joint Implementation Mechanism or the Clean Development Mechanism derived from the Kyoto Protocol and approved by the United Nations Convention on Climate Change (UNFCC).
Carbon Dioxide gases build up in the planet's atmosphere, where they act like panes of glass on a greenhouse, allowing the sun's warmth in but not back out.
October 7, 2010
UK auctions 4.4 million EUAs at €15.46
October 4, 2010
Canada unveils details of climate financing
October 1, 2010
US may boost vehicle fuel economy to 60 mpg
