Our business
Carbon Offset Credit Generation
Carbon offset
Producing Carbon Offset Credits
Wherever LNG Easy pursue our business model it is possible that large carbon credits are generated based on existing or developing methodology.
Four emission reduction scenarios
- Simple fuel switching (existing methodology)
- Efficiency improvements such as CHP and CCHP (existing methodology)
- Hybrid flexible generation – using Internal Combustion Engines (ICE) fuelled by LNG to help renewables to counter intermittency
- City gas/rural gasification to replace firewood, animal dung (similar methodology – cookstove improvement program)
For scenario 1-3, LNGe will work with project owners to facilitate the carbon transaction but for 4, since LNGe will invest in the complete infrastructure, LNGe will be the project owner hence will control the carbon credits, to the extent that they can be verified and issued. To this extent, LNGe is already in talks with carbon asset developers to work together to develop this large market.
Source – United Nations Foundation
