On 24 September 2012, ICAP co-hosted a public workshop with North America 2050 (NA2050) on industrial energy or greenhouse gas emissions benchmarks in New York.
 
The workshop aimed to explore current approaches to developing industrial energy or greenhouse gas emissions benchmarks, including those being implemented in the EU, California, and elsewhere. Participants identified international best practices for benchmarking and discussed benefits of coordinating benchmarking efforts.

The workshop's program and presentations are available for download below.

Background

In major OECD countries direct and indirect emissions of GHG from industry account for up to one-third of total end-use greenhouse gas (GHG) emissions. Policymakers at a variety of government levels are considering policies to address these emissions. Benchmarking, which assesses GHG emissions performance across facilities or against a common standard, can be used in various policy approaches, including:
  • Regulation of GHG emissions through a cap-and-trade program along with free allocation of emissions allowances to industry sectors in proportion to output based on an emissions performance benchmark;
  • Regulatory GHG performance standards, where individual facilities are required to meet an emissions performance standard;
  • Energy efficiency targets, either regulatory or voluntary and
  • Voluntary performance goals in which participating companies commit to achieving a particular emissions benchmark by a particular year.

Against this background, the North American greenhouse gas regulatory landscape has recently been evolving at both federal and sub-national levels, putting GHG emissions benchmarks up on the agenda of U.S. states and Canadian provinces committed to reducing their emissions. Beyond North America, other jurisdictions are also developing benchmarks as a means to reduce GHG emissions, particularly in the European Union as part of the revision of its emissions trading system (ETS) in preparation of Phase III.
  • Joint Benchmarking Workshop - Agenda Download
  • All Presentations of Session 1 Download
  • All Presentations of Session 2 Download
  • All Presentations of Session 3 Download
  • All Presentations of Session 4 Download
  • All Presentations of Session 5 Download