Compliance offset work
In 1997 The Climate Trust was founded as a nonprofit organization to serve as a qualified organization to administer the Oregon Carbon Dioxide Standard, the first legislation in the nation to curb carbon emissions. New fossil fuel-fired power plants provide us with funding on a fee-per-ton basis to comply with the law. We invest those funds into high quality projects that reduce atmospheric carbon dioxide levels. To date, more than 1.5 million metric tons of carbon dioxide are anticipated to be offset through the Oregon Program.
We have an excellent record of meeting our regulatory and fiscal responsibilities, which is why, in addition to EFSC, the following five public entities also have entrusted The Climate Trust to acquire offsets on their behalf:
- Washington Energy Facility Site Evaluation Council
- Massachusetts Department of Environmental Protection
- Montana Department of Natural Resources and Conservation
- Colorado Governor's Energy Office
- Oregon Public Utilities Commission
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For more information on how The Climate Trust can help your organization, please contact Dick Kempka, Vice President of Business Development, at 503-238-1915 x204.
“Because The Climate Trust is a nonprofit entity seeking to promote the development of high quality greenhouse gas offsets in an uncertain policy environment, its work can serve as a counterbalance to the current plethora of unregulated, one-off market transactions.”
— Diedre Shupp Matthews, Director,
Massachusetts Energy Facilities Siting Board
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