Wednesday, September 30, 2009

Carbon Offset Credits in Alberta

As you may already know, Failsafe Canada, has been actively involved with the Alberta Carbon Offset Credit (GHG) sector for over three years now. We were one of the first to provide services for Alberta aggregators and successfully utilize the low till-no till protocols. Our services actually delivered money back in to the hands of farmers, ( 1136 Alberta farmers ) quantifying and verifying the data, providing for better agricultural practices in Alberta. During the 07 compliance period, in 08, over 75% of the successfully aggregated, quantified, verified and serialized carbon credits were created in our system. Since that time we have gone forward to develop superior applications and services, becoming members of a number of industrial groups and stakeholder organizations. Some of the groups and organizations we are working with include, Climate Change Central, IPOG, WCI, REGI, Novecta, The Carbon Offset Trade Association (COTA), along with Federal and Provincial governments. This year we will continue to meet with priority stakeholders and provide these essential services to Alberta.
On the 10th of Sept. 2009, we attended a meeting with the Hon. George Groeneveld, the Minister of Agriculture and Rural Development, Hon. Mel Knight, the Minister of Energy, Hon. Ray Danyluk, Minister of Municipal Affairs, Mr. Lloyd Snelgrove, President of the Treasury Board and the Hon. Jack Hayden, Minister of Infrastructure. Current updates were delivered and information reviewed.

2009 Summer Updates
• This summer we met with the Hon. Ted Morton’s office, Minister of Sustainable Resource Development and we were introduced to Mr. Morris Seiferling, Assistant Deputy Minister. Meaningful discussions through a consultative process have resulted in cooperation with the Departments Senior Policy Managers. Among the benefits that have been realized are market awareness, significant knowledge transfer and biodiversities new stewardship potential.

• Also, recently we met with the Hon. Rob Renner, the Minister of Environment. During this meeting we furthered discussions about quantification and certification issues. The Minister made clear the importance of achieving exacting verification standards in Alberta and was pleased that we are working towards delivering these critical verification standards.

• In September we met with the office of the Hon. George Groeneveld, the Minister of Agriculture and Rural Development. During this meeting we had meaningful discussions about Alberta’s quantification and certification issues. Mr. Tom Goddard, Environmental Land Use/ Agriculture and Food / Policy Secretariat, also made clear the importance of verification documentation along with verification standards and policies in Alberta. This department was impressed that we are working with COTA towards delivering the critical standardization procedures for Alberta’s offset market.

• We have just become the first in Alberta to begin the quantification and utilization of the new bovine protocols, for a group of the countries largest cattle feed lots. This will provide another means of desperately needed income for Alberta’s beef industry and once again prove to the world, Alberta is leading the way.

• Failsafe has recently formed a strategic partnership with VanCoe Environmental,of Wilkinson, IN. By utilizing Vancoe’s satellite spectrum analysis capabilities, Failsafe will be able to provide detailed and highly specific verification services to Alberta. This will not only provide critical historical data and current information, but also decrease the demand of subsequent auditing costs to the government of Alberta. Also, this service will help to enable and establish a baseline for many of the agricultural protocols.

• Failsafe is also working directly with The Carbon Offset Trade Association (COTA). This newly formed organization has been developing standards for Market self regulation, important to maintaining Alberta’s successful offset market commercialization. COTA will also standardize and proof check all of the procedures under which its many members will operate. Failsafe is actively involved with COTA to provide the technical services and data delivery required for its day to day operations.

• Failsafe Canada has signed an agreement to provide QSys to National Leasing of Canada. Established over 30 years ago, National Leasing provides financial solutions to businesses throughout Canada and is a recognized leader in equipment financing. National Leasing will utilize QSys to aggregate, quantify, verify and serialize offset credits from their coast to coast network of agents and service outlet.

• Failsafe Canada has completed a deal with Green House Gas Emissions Corp. to aggregate on behalf of Clean Energy Technologies of Calgary Alberta. Clean Energy Technologies provides highly sophisticated and efficient wind turbines for industry and residential applications. CET delivers new technology that makes wind power generation more efficient. Their Axial Flux Permanent Magnet (AFPM) technology achieves these efficiencies and is able to produce more power at lower wind speeds due to our coreless technology.
Failsafe will provide QSys to GHG Corp. which will in turn aggregate for the new Wind protocols, included in QSys, producing offsets that will be sold on the European market.

One of the most significant advances we have achieved is the ability to deliver specific land library services. This scientific approach will provide exacting historical data on all lands within the province of Alberta from 1982 forward. This data will provide land use, crop specifics, land sizing and detailed data on land biomass and potential carbon sequestration capability. By utilizing this imaging and data technology, Failsafe will be able to significantly increase the quality of offsets and decrease the direct costs to government incurred by the additional and subsequent audits now required by the government.
Failsafe has in fact become one of the defacto clearing houses for current and up to date data on the market sector and applicable technologies. We field questions and deliver answers on a daily basis to industry stakeholders, LFEs, Carbon Traders, Environmental assessment groups, Agricultural organizations and Legislative departments.
We are also helping market players and government, simplify the complexity of the offset verification and management services, by providing tools that manage the LFEs, ( large final emitters) inventory of offsets. This provides a critical business service that benefits Alberta industry and Government.

As you may already know, Alberta is seen on the global stage as the leader in Carbon offset market technologies and innovative legislation policies. We will continue to work together with Canadian, International and U.S. stakeholder groups, industry specialists and provincial governments, to make sure we are continually seen as the leader in Carbon offset market policies and innovative best practices. Failsafe will continue to provide creditability, support and trust in this new business sector.

Franchise, Marketing and Partnership opportunties exist.

For additional information just Google “failsafe carbon”
or contact

B. Henderson

Brad Henderson
Failsafe Canada Inc.
Suite 110 – 3025 – 12 St.
N.E. Calgary Alberta
Canada T2E-7J2
Offc 403 313 6789 ext. 104
Cell 403 701 0075

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