Jan. 1, 2016: New GHG Reporting Requirements Take Effect

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The new Greenhouse Gas Industrial Reporting and Control Act will take effect on Jan. 1, 2016. The new statute and related regulations:

  • Combine several pieces of existing GHG legislation into a single legislative framework
  • Include the ability to set a GHG emissions intensity benchmark for regulated industries, including LNG facilities
  • Enable the benchmark to be met through flexible options, such as purchasing offsets or paying a set price per tonne of GHG emissions that would be dedicated to a technology fund.