Energy Mad

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    Primary activity : Project developerThe person or organisation that set up an offset generating project for the purpose of selling carbon offsets and reducing greenhouse gas emissions.    Price (per tonne CO2e) : AU$0 - AU$20

    Summary

    Energy Mad's view on the role of carbon offsets in addressing climate change

    "Carbon offsets provide a mechanism to leverage the introduction of zero/low greenhouse gas emission technologies.
    We manufacture energy saving light bulbs for the residential and commercial sectors. We also develop and implement greenhouse gas emission reduction projects. The goal of our organisation is to save 10% of the world's power. "


    Detailed InformationClick on the tabs below for more information:

    Summary

    Role in the Carbon Offset Market
    [Q1]Project developer
    Main client base
    [Q3]Emitters and Carbon Neutral Certification Groups

    Offset Products

    Offset Products

    Price(s) per tonne
    [Q17]AU$0 - AU$20
    Project Type(s)
    [Q23]- Energy Efficiency
    Project Location(s)
    [Q27]- International
    Are offsets packaged with other services (such as footprinting, carbon neutrality etc)?
    [Q10]No

    [Find out more about project types]

    Offset Quality

    Offset Quality

    Organisation is licensed to provide financial advice (or to be an authorised representative in providing financial advice) in the context of brokerage of carbon commodities
    [Q23a]Information not provided
    Offsets generated and sold by Energy Mad
    [Q33a]- Voluntary Carbon StandardThe VCS Program includes the standard (VCS 2007) and the Program Guidelines 2007. The VCS Program provides a new global standard and criteria for validating, measuring, and monitoring voluntary carbon offset projects. For more information, see here. VCUsVoluntary Carbon Unit. Description of carbon offset derived from accreditation to the Voluntary Carbon Standard (VCS) Program.
    How does your organisation calculate the amount and price of carbon offset required by customers?
    [Q10]- Not applicable
    Relevant third party verification (not accreditation / certification)
    [Q35] - Project was validated by DNV and certification to VCSThe VCS Program includes the standard (VCS 2007) and the Program Guidelines 2007. The VCS Program provides a new global standard and criteria for validating, measuring, and monitoring voluntary carbon offset projects. For more information, see here. has been achieved.
    Do you provide quality assurance or technical documentation on your web site or on request?
    [Q16]

    www.ecotrade.co.nz

    Is your organisation audited by an independent third party for the sale and retirement of offsets and / or RECs?
    [Q16b] No
    Does your organisation supply National Carbon Offset Standard (NCOS) or NCOS compliant abatement to customers from 1st July 2010?
    [Q18] No
    [Q19]
    What evidence of purchase can customers expect to receive when buying carbon offsets from your organisation?
    Information not provided
    What documentation is available to customers about the carbon offset project/s as part of the education and quality assurance process?
    [Q22]- Information not supplied


    [Find out more about issues relating to offsetting]
    [Find out more about Certification Standards]

    Resources

    Resources

    Do you provide a carbon footprint calculation service for your customers?
    [Q12]- No

    [Find out more about carbon offsetting]

    Projects

    Project Information

    New Zealand Household Energy Efficient Lighting Project (HELP) | International International Energy Efficiency Voluntary Carbon Standard VCUs

    General Information

    [Q22, Q25]

    Own Project | Demand Side AbatementA reduction in the amount or intensity of greenhouse gas emissions as a result of actions taken by a company or individual. project resulting in the installation of at least five energy saving light bulbs in 53% of New Zealand homes.


    Price per tonne of CO2e
    [Q24]

    AU$9 - AU$10

    Project Location(s)
    [Q27, Q28]International
    Project Size (tonnes of CO2e)
    [Q29] 100,000 per year. 900,000 total.

    Quality

    Date project started to generate verified emission reductions (VERs) / offset credits
    [Q31]- 1 Jan 2005
    Crediting period of the project (in years)
    [Q32]- Ten years
    Accreditation or certification achieved as at May 2010
    [Q33a]- Voluntary Carbon StandardThe VCS Program includes the standard (VCS 2007) and the Program Guidelines 2007. The VCS Program provides a new global standard and criteria for validating, measuring, and monitoring voluntary carbon offset projects. For more information, see here. VCUsVoluntary Carbon Unit. Description of carbon offset derived from accreditation to the Voluntary Carbon Standard (VCS) Program.
    Relevant third party verification (not accreditation / certification)
    [Q35]

    - Project was validated by DNV and certification to VCSThe VCS ProgramThe VCS Program includes the standard (VCS 2007) and the Program Guidelines 2007. The VCS Program provides a new global standard and criteria for validating, measuring, and monitoring voluntary carbon offset projects. For more information, see here. includes the standard (VCS 2007Is a certification standard for carbon offset projects. It provides a global standard for voluntary GHG emission reduction and removal projects and their validation and verification.) and the Program Guidelines 2007. The VCS Program provides a new global standard and criteria for validating, measuring, and monitoring voluntary carbon offset projects. For more information, see here. has been achieved.

    Are the verified emission reductions created from this project NCOS compliant abatement?
    [Q36]

    - Yes, NCOS compliantAbatementA reduction in the amount or intensity of greenhouse gas emissions as a result of actions taken by a company or individual. that is compliant with the National Carbon Offset Standard. NCOSNational Carbon Offset Standard. The National Carbon Offset Standard was released by the Commonwealth Government in November 2009, to come into effect on 1 July 2010 coinciding with the cessation of the Government’s Greenhouse Friendly program. It is intended to ensure that consumers have confidence in the voluntary carbon offset market and the integrity of the carbon offset and carbon neutral products they purchase. It provides guidance to businesses who wish to make their organisation carbon neutral or develop carbon neutral products in a way that achieves emissions reductions, through the purchase and retirement of carbon offsets that are beyond those achieved by the CPRS and achievement of Australia’s national emissions reduction targets. compliant abatement currently includes Certified Emissions Reductions (CERsCertified Emission Reductions are credits generated under Kyoto's CDM. One CER unit is equivalent to the reduction of one metric tonne of CO2e. They are designed to be used by industrialised countries to count towards meeting their Kyoto targets. They can also be used as part of domestic targets, for example EU companies and governments use them as offsets against their emissions under the EU Emissions Trading Scheme.) except long term (lCERs) and temporary (tCERs); Emission Reduction Units (ERUs); Removal Units (RMUs); Voluntary Emissions Reductions (VERsVerified Emission Reductions or Voluntary Emissions Reductions are tradable credits for greenhouse emission reduction activities generated to meet voluntary demand for carbon credits by organisations and individuals wanting to offset their own emissions. VERs can be generated from projects to which a range of circumstances might apply, including:
    - are either based in a country that has not ratified the Kyoto Protocol (e.g. USA) or does not have the infrastructure to support CDM project development;
    - have not yet been registered under the CDM;
    - fall outside the scope of the CDM;
    - are too small to warrant the costs of CDM approval;
    - are specifically developed for the voluntary market.
    ) issued by the Gold StandardA certification standard for carbon offset projects. Initiated by WWF, SSN and Helio International, the Gold Standard for CDM projects was launched in 2003 after wide-ranging stakeholder consultation among key actors of the carbon market as well as governments. For more information see here.*; Voluntary Carbon Units (VCUs) issued by the Voluntary Carbon StandardThe VCS Program includes the standard (VCS 2007) and the Program Guidelines 2007. The VCS Program provides a new global standard and criteria for validating, measuring, and monitoring voluntary carbon offset projects. For more information, see here., however where VCU credits are issued for reduced emissions from deforestation and degradation (REDDReducing Emissions from Deforestation and Forest Degradation) and other agriculture forestry and land use (AFOLU) projects, they must apply methodologies approved under the NCOS Standard.
    abatementA reduction in the amount or intensity of greenhouse gas emissions as a result of actions taken by a company or individual.

    Is this project additional to Australia's commitments under Kyoto
    [Q37]- Yes
    Do you forward sellThe sale of carbon offsets for emissions reductions or sequestration that have not yet occurred and therefore can not be precisely measured. abatementA reduction in the amount or intensity of greenhouse gas emissions as a result of actions taken by a company or individual. from this project
    [Q38]- Offset is only sold as verified emission reductions (retrospectively accrued)
    The registry on which offsets from this project are registered
    [Q39]- Voluntary Carbon StandardThe VCS Program includes the standard (VCS 2007) and the Program Guidelines 2007. The VCS Program provides a new global standard and criteria for validating, measuring, and monitoring voluntary carbon offset projects. For more information, see here. (Markit – formerly TZ1) Blue Registry
    The process for retiring offsets from this project off the market
    [Q40]- We retire them on request by the customer
    How is the retirement of abatement verified to your client?
    [Q41]- Registry transaction screenshot view
    - Evidence of registry transaction (For example, personalised account, physical copy of transaction etc.)
    The ancillary or co-benefits of this project
    [Q42]- Reduction in air pollution other than CO2. Saved expenses for participating households over the lifetime of the purchased Ecobulb light bulbs. Support industries producig energy efficient technologies.

    Contact Details

    Contact Details

    For more information please contact:

    Energy Mad
    www.energymad.co.nz
    +64 3 977 0499
    PO Box 29001 Christchurch 8540 Suite 2, Level 1, 21 Leslie Hills Drive Christchurch 8011 New Zealand