| Calendar year 2008 direct emissions remained essentially unchanged from 2007, as increased production at some of our hydrogen plants was offset by production interruptions in hurricane-affected regions. Calendar year 2008 indirect emissions decreased 0.2 million metric tons, as lower electricity factors more than compensated for a more complete accounting of our on-site ASUs. Overall, 2% of the reported 2008 emissions are attributed to improved inventory methodology.
During 2008, EPA Climate Leaders formally approved our global GHG emission inventory process methodology, establishing calendar 2007 as our formal Climate Leaders baseline inventory year. From this basis, we plan to define and measure our GHG reduction goals. In Europe, compliance management under the EU ETS requires formal audits at two of our cogeneration facilities in the Netherlands. And we have operations within jurisdictions that have, or are developing, further regulations governing emissions of GHG. Mandatory reporting and reductions at manufacturing facilities in Alberta, Canada and mandatory reporting and anticipated constraints on GHG emissions in California and Ontario, Canada are current impacts. Also, mandatory reporting is anticipated under a newly proposed EPA rule.
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Hydrogen’s value grows greater every day. As lower-quality supplies of crude oil are required to meet the world’s energy needs, the trend for crude oil to be heavier in its consistency and contain more sulfur will not be going away. At the same time, the world demands cleaner air, and with it comes the increased need for cleaner-burning fuels, meaning hydrogen’s role will remain critically important, both today and in the years ahead.
As the world’s largest supplier of hydrogen, learn more about how Air Products is meeting the demand: > www.airproducts.com/hydrogen. |
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