BalanceCO2 has the opportunity to generate approximately 800,000 carbon offset credits from three landfill gas flaring projects in the US from 2000-2008. The goals are to develop and register the projects. Preliminary findings show the projects are eligible under various registries' start date requirements. With upgrades, the projects could generate an additional 100,000 offsets annually with a projected 24% internal rate of return over 10 years. BalanceCO2 provides GHG certification and advisory services with experience developing offset and clean development mechanism projects internationally.

1. BalanceCO2 Landfill Methane
Avoidance Projects in US
BalanceCO2 has the opportunity of creating approximately 800,000 VER (vintage
2000-2008) from 3 Landfill Flaring Projects in the United States.
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2. Project Goals and Objectives
Goals: Development and Registration of Landfill Methane Reduction
Objectives:
• Review regulatory applicability (Title V permits, NSPS, State and others),
financial incentives for project and GHG emission reductions are real, quantified
and additional
• Applicability & Selection of Registries (CCX, VCS, CCAR, ACR, TCR & others)
• Confirmation of Project eligibility
 Validation of GHG emission reduction activities and due diligence
 Project Questionnaire for Pre-Approval
• Prepare detailed documentation for registration
• Pass independent Third party Verification
• Apply for registration as Offset Provider / Use Registry Aggregator for Trading
• Receipts of contract credits for vintage years and management of sale proceeds
according to revenue-sharing arrangement.
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3. Preliminary Findings
• Protocols and Registries – Applicability to CML Project:
 CA Climate Action Registry (CCAR): Requires Start after Jan 2001.
 Voluntary Carbon Standard (VCS): Requires Start after January 1, 2001.
 Chicago Climate Exchange (CCX): Start after January 1, 1999.
 American Carbon Registry (ACR):Start after January 1, 2000
• Project Description
 All three start dates in Jan – June 2000.
 Projects located in Georgia, Connecticut and Louisiana
• NSPS Scope applicability
 Offset from three sites are outside the scope of NSPS
 The GHG reduction by LFG flare would qualify for Offset
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4. Project Status & Timeline
• Conducting due- diligence on projects eligibility as Offset projects & determining
accurate records of LFG flow are in place, in order to pass third party verification
• Development of GHG report in progress
• GHG report will follow the reporting requirements of “WRI The GHG Protocol for
Project Accounting”
Timeline Months
Aug Sep Oct Nov Dec Jan
Due-Diligence
GHG Report
Third Party Verification
Trading
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5. Estimated VER’s
Total VER’s
Y2000-Y2008
Years 2000 2001 2002 2003 2004 2005 2006 2007 2008
Potential Aggregated VER's
from all 3 projects * 90,000 90,000 90,000 90,000 90,000 90,000 90,000 90,000 90,000
Total 810,000
* Actual VER projections still in progress
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6. Future Opportunities
• BCO2 can undertake 2009 and 2010 Vintage Offsets:
• Potential Offset development opportunities from project
Upgrades leading to about 60,000 aggregated VERs per annum.
• Potential REC development opportunities leading to 4.5 MW
aggregated from three sites.
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7. Future Upgrade Returns
• Upgrade Cost
– Project1 at Georgia Total upgrade cost for additional 20 well: $200K
– Project2 at Lousiana Total Upgarde cost for additional 50 well: $425K
– Project3 at Conneticut Total upgrade cost for additional 20 well: $200K
• Total upgrade cost for three projects : $825K
• Income per Year
– Project1 at Georgia Offset credits 20,000 at $6/$10: $120K ($200K)
– Project2 at Lousiana Offset credits 60,000 at $6/$10: $360K ($600K)
– Project3 at Conneticut Offset credits 20,000 at $6/$10: $120K ($200K)
• Total Income from three projects: $600K ($1000K)
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8. Future Upgrade Returns
• Upgrade Cost: $825K
• Upgrade Development Cost: $240K
– Grand Total capital cost $1,025K
– Annual verification and admin cost $120K
– Annual O&M cost $123K per year
• Annual Revenue from sale of credits
– 100,000 credits at $6 = $600K, (@10/$1000K)
• Internal Rate of Return: 24% (56%) over 10 years period
– Net Present Value at 15% discount rate for 10 years = $320K ($1716K)
– Pay Back : 3.7 years (1.8 years)
– Profitability Index : 1.6 (3.28)
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9. BalanceCO2 Services
GHG Certification GHG Advisory
•Validation and Verification •Feasibility Assessments
of GHG Emissions •Policy and Strategy,
Monitoring, Evaluation
and Review
•Risk Management
Project Development Waste Management
•Planning and Scoping •Engineering Study
•Emissions Asset •Implementation
Management •Construction Supervision
•Capacity Building •Operation and
•Technology , Skills and Maintenance
Knowledge Transfer
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10. Our Strengths
• Consulting firm of engineers and environmental professionals with over
20 years of working experience in environmental stewardship and waste
management in Canada and USA.
• Specializing in adapting state-of-the-art technologies for implementation
in developing countries with limited budgets and resource constraints
• Inclusion of emissions trading as an integral part of the initial feasibility
evaluation and design of GHG projects
• 3 Years of GHG Management and Emissions Reduction projects in:
• India
• Kenya, Uganda, Malawi and Tanzania
• Uzbekistan and Poland
• VER, Gold Standard and CDM projects in India and East Africa.
• Project management and engineering for over 20 projects in Canada,
India, Uzbekistan and East Africa.
• Currently managing CER/VER portfolio valued at $ 120 million.
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