Changes to emissions accounting rules are being considered that could significantly increase carbon footprints for companies claiming to use 100% renewable power in their efforts to decarbonize.
How companies tally greenhouse-gas emissions from their electricity purchases—so-called Scope 2 emissions—was the most popular issue in a recent consultation on updating widely used GHG Protocol carbon accounting rules. Officials are analyzing whether to recommend more granular reporting of Scope 2 emissions, which would improve accuracy but also could lift reported emissions by as much as nearly 50%, according to recent research. The GHG Protocol is used by more than 10,000 companies to calculate their emissions and is expected to underpin international and U.S. climate reporting regulations.
This article was written by and originally published on www.wsj.com