EPA AIMS TO ENSURE CREDIBILITY OF PROJECTS IN VOLUNTARY CLIMATE PLAN

Upcoming EPA guidelines for voluntary projects to reduce greenhouse gases will seek to set standards for ensuring these projects are credible by using a novel "performance-based" method that examines whether projects exceed the industry standard for reducing greenhouse gas emissions. The guidelines, which will be released in coming months under the agency's voluntary Climate Leaders program, are expected to rely on a method for awarding emissions credits to projects that was developed by the World Resources Institute (WRI) and World...