March 8, 2004 (ENS): The government of Canada
has launched a new call for proposals for greenhouse
gas emission reduction projects under the Pilot Emission
Removals, Reductions and Learnings (PERRL) initiative.
Successful proposals will use forests and crops to store
the most prevalent greenhouse gas carbon dioxide (CO2),
which is emitted by the burning of fossil fuels - coal,
oil and gas.
PERRL is seeking proposals to enhance carbon sinks on
agricultural and forest land. Forests and agricultural
soils absorb and store CO2 from the atmosphere, and
the government sees them as playing a key role in Canada’s
efforts to address climate change.
PERRL offers Canadian companies and organizations economic
incentive to take immediate action to reduce greenhouse
gas emissions through projects in sectors such as landfill
gas capture, renewable energy and carbon sinks.
PERRL is also intended to help public and private sector
organizations develop a better understanding of how
several key elements of emissions trading work. Emissions
trading may be an important element in Canada’s
overall climate change strategy, the government says.
Through PERRL, the government of Canada purchases greenhouse
gas emission reductions and removals from qualified
projects on a fixed price per metric ton basis. Projects
are selected and reductions are purchased through a
competitive auction process.
The first round of proposals, launched in 2002, secured
commitments to achieve close to 900,000 tons of greenhouse
gas emissions reductions from Canadian landfills by
the end of 2007, at an average cost of just over C$3.30
In the second round, PERRL called for proposals for
renewable energy projects. These proposals are currently
being reviewed and results will be announced shortly.
This latest auction round will provide $2.5 million
to new carbon sink enhancement projects, split equally
between agriculture and forestry. A final round of bids
will be called later in 2004, inviting proposals for
projects in all areas covered under previous rounds
- landfill gas capture and combustion, CO2 capture and
geological storage, renewable energy and carbon sinks.
The provincial and territorial governments were active
and constructive partners in developing PERRL, and there
is ongoing opportunity for them and other potential
partners to participate in the program.
Alberta’s Climate Change Central is a partner
in PERRL, having contributed $50,000 to sponsor the
purchase and retirement of emission reductions from
Alberta based projects.
Through PERRL, municipalities, industry and other partners
have demonstrated Canadian excellence in developing
innovative climate change solutions that serve the environment,
the economy and society, while contributing to the achievement
of our international commitments.
PERRL project submissions for the current round are
being accepted until April 6, 2004 via the MERX electronic
tendering service at: http://www.merx.com.
Visit the PERRL Web site at: http://www.ec.gc.ca/PERRL
for full details on PERRL and on how to participate
in this program.