Alberta companies must comply with Alberta Energy Regulator Directive 60 by Jan. 1, 2023 or face serious fines. It’s a big undertaking and the clock is ticking. The good news is that companies that get ahead of the deadline can generate offset carbon credits that will cover or exceed the cost of their initial investment. We can help. Achieve Directive 60 compliance at no cost with a revenue-generating, start-to-finish package from True North Solutions and Trido Industries. Our fully financed turnkey methane emissions reduction solution goes from survey to installation to carbon credit generation and payout. Best of all, there’s no burden to capital or operating budgets, operations, or management.
We finance and we manage the carbon credit paperwork: We've got you covered. Take advantage of our financing program to cover the cost of Directive 60 compliance equipment and installation. Almost immediately after installation, the new equipment will generate offset carbon credits, which will, in turn, pay off 100% of the cost and, in most cases, net a profit above the equipment cost. We take care of the carbon credit registration and auditing for you and sell or transfer the credits to you.
You finance and we manage the carbon credit paperwork: Want to self-finance and recoup the offset carbon credits to cover the costs? Great. We can help make it easy. The carbon credit registration and auditing process is very complex, but it's what we do. We take care of the carbon credit process for you and either sell or transfer the credits to you.
Federal and provincial governments have set new methane emissions limits to reduce greenhouse gas production in Canada — down 45% from 2014 levels by 2025. In Alberta, those reductions are regulated by the Alberta Energy Regulator’s (AER) Directive 60, which sets vent gas limits for gas-driven pneumatic controllers and pumps.
Methane, the primary component of natural gas, has a greenhouse gas intensity 25 times greater than carbon dioxide. About 35 percent of the methane venting by Canadian oil and gas companies is due to gas-driven pneumatic controllers and pumps. From an emissions-control perspective, these are low hanging fruit. The challenge is that gas powered pneumatics have been a mainstay at well sites for decades. In fact, a 2014 study by the AER found that Alberta had nearly 84,000 gas-driven pneumatic devices.
Device electrification: On new sites, utilize renewable/green energy source to power electrically driven controllers, valve actuators, switches, and pumps.
Pneumatic device conversion: On existing sites, convert pneumatic equipment to one of the following:
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