We are glad to share our experience at the Emissions Tracking and Reporting Canada Conference with our community, aligning with Canada's 2030 targets, and addressing regulations and emissions reduction policies. It focused on net-zero emissions by 2050 and the reduction of carbon and methane emissions by 45% and 75% by 2025, respectively. Alberta's TIER system and CCIR are vital in supporting these efforts.
Benefits of Attendance:
- Explore technology for emissions tracking.
- Stay updated on regulations and tracking requirements.
- Gain insights into emissions practices, methodologies, and technologies.
- Foster dialogue with regulators.
- Implement proactive adjustments for compliance.
- Benefit from industry expertise.
- Attract investors prioritizing ESG.
Day 1: November 28 Insights:
Milos Krnjaja (AER) - AB Upstream O&G Methane Reporting System Framework
- Detailed emissions breakdown and inventory challenges.
- Importance of bottom-up inventory.
- Challenges with a top-down approach.
- Focus on C1 slip-in engines.
Panel - Perspectives on Emissions Tracking and Reporting
- Insights from industry players on manual processes and challenges in emissions tracking.
- Focus on Scope 3 emissions compilation.
Arjen van de Voort (Open Group) - Open Source Carbon Tracking
- Advocacy for open-source standards but limited quantification guidelines.
- The industry's role in policy formation was discussed.
Niall Gleeson, David Hume, and Others - Industry-Regulator Collaboration
- Importance of collaboration between industry and regulators.
- Challenges faced by companies like Crescent Point.
Amy Zell (IETA) and Others - Achieving Net-Zero and Carbon Offsetting
- Markets as efficient means to reduce emissions were discussed.
- Concerns regarding the long-term viability of carbon capture.
Allan Fogwill, Adam Weir, and Others - Technology in Emissions Reporting
- Importance of data transparency and accuracy.
- AI's limited viability due to data quality issues.
Sophie Whiticar (TC Energy) - Effective Data Collection and Integration
- Challenges with large-scale IT solutions and the need for practical approaches.
Day 2: November 29 Insights:
Stephanie Forbes (Supply Chain Canada Alberta Institute) - Carbon Emissions from Procurement to Distribution
- Strategies for reducing emissions and internal capacity building were discussed, highlighting priorities and engagement strategies with suppliers.
Brent Willett and Others - Internal Capacity Building: Creating a Culture of Responsibility
- Addressing resistance to emissions tracking reasons discussed and continuous reporting culture
- Challenges in moving towards continuous reporting were highlighted.
- Challenges in data transparency, proprietary data, and industry learning curves
Claude Ghazar (Alberta Innovates) - Tackling Methane Leaks
- Funding initiatives and technological advancements in methane reduction projects
- Highlighting key areas for future programming and methane reduction strategies
- Overall Insights:
- The significance of regulatory compliance and real-time reporting in emissions management
- Challenges in data transparency, accuracy, and industry-wide adoption of tracking tools
- Emphasizing collaboration between industry and regulators for effective policy formation and emissions reduction strategies
Streamlining Emission Reporting Frameworks
- Discussions revolved around the role of Life Cycle Assessment (LCA) in accelerating decarbonization and the challenges of data transparency.
Fugitive Emissions Management
- Challenges in data management, strategies for better vendor involvement, and the critical role of data quantification were highlighted.
The conference provided crucial insights into emissions tracking and reduction strategies, emphasizing collaboration, data transparency, and regulatory compliance. Industry experts highlighted challenges and potential pathways for sustainable emissions management.
As our industry navigates evolving regulations, let's leverage these insights to enhance our emissions tracking, foster collaboration, and strive for continuous improvement in environmental responsibility to drive our industry toward a more sustainable future. Participating in such discussions fuels our commitment to industry advancements.