• Ontario Power Generation (OPG) and PG&E’s subsidiary US Gen New England (US Gen) successfully completed a GHG emissions trade in April 2000. US Gen sold OPG 1 million metric tons of CO₂ equivalent emissions reductions generated by capturing and destroying methane that would otherwise be emitted from the Johnston Landfill in Rhode Island from 1998-2000. OPG has committed to have all of its emissions reduction purchases, such as this one, verified by the Ontario, Canada Pilot Emissions Trading Project (PERT) and report them to Canada’s Climate Change Voluntary Challenge and Registry (VCR) Inc., where they are transferred and retired.
  
  
• Ontario Power Generation has registered 1.8 million metric tons of CO₂ emission reduction credits produced by its in-house energy efficiency program.  OPG also purchased emission reduction credits equal to approximately 10 million metric tons of CO₂ to meet its voluntary 26 million metric ton emissions target for the year 2000.  The purchased emissions resulted from a variety of offset activities, including carbon sequestration in forests and agricultural lands, power generation from biomass, livestock waste methane abatement, and the extraction of CO₂ from natural gas.
  
  

• OPG is part of the e8 [1], a consortium of nine of the world’s leading electric companies from G8 countries. e8 promotes sustainable energy projects through a "learn by doing" approach on electricity-related issues in developing countries with host countries, UN agencies, NGOs, and local energy providers. e8 also works to develop human capacity building— an example being its Micro-Solar Distance Learning Program, which focuses on electrification for information and telecommunications needs using photovoltaics.

• Ontario Power Generation met its year 2000 net GHG emission target by offsetting almost 33 percent of its greenhouse gas emissions with emission reduction credits. Of these, 2.3 million metric tons were generated from internal energy efficiency improvements. The remaining credits were purchased from sources in North America and internationally. OPG has also transferred the 12.6 million metric tons CO₂ equivalent emission reduction credits to Canada’s Climate Change Voluntary Challenge and Registry Inc. for retirement.
  

To view the trading, JI, and CDM activities of all BELC members, visit What's Being Done in the Business Community [2] section of this site.