Klauber: Expiration dates on book and claim systems threaten project finance
Adam Klauber · Scaling low-carbon products with book and claim systems · Dec 19, 2024 · at 34:27
Adam Klauber of World Energy argues against proposed phase-out dates for book and claim accounting frameworks in low-carbon fuels and materials.
0:00 / 0:33exact quote · 33.5s
720p mp4 · rendered on demand · StarZero watermark
“Some of these same nonprofits that are well-intentioned think that it might be better to create an end date, an expiration date for book and claim. Or when there's a certain market penetration, book and claim is no longer valid because of the concerns from RECs, where they may not be additional. And I think this is a mistake because going back to our long-term contracts, what do investors and banks need? They need certainty. So if you sign a long-term contract and During the duration of that contract, you're no longer have valid booking claim. You're cooked.”
quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →
More from Adam Klauber
Klauber: Microsoft cannot hit 2030 net-zero targets without book and claim
“Even if there's tremendous uptake, a company like Microsoft who wants to get to net zero by 2030 simply will not be able to do this without Book and Claim.”
Klauber: RMI RFP allows two-thirds of green steel procurement via book-and-claim
“They have got the Steel Buyers platform and there's an RFP. It's actually live right now. And in a month or so the proposals will be due, and that's to buy over a million tons of steel per annum equivalent of green steel and two-thirds of that actually can be …”
Klauber: Book and claim enables targeted ownership impossible via mass balance
“So very much the case that booking claim allows for a specific targeted ownership that is otherwise unavailable with a mass balance system.”
Klauber: Uncertified SAF barge was priced at half of certified SAF
“There was a barge that sat off of the coast of California that was uncertified SAF. And every, all our customers said, hey, there's a great deal on SAF. We're not sure we should buy it because we don't know where it's coming from, and it happens to be about ha…”
Klauber: Materials book and claim requires overhaul of Environmental Product Declarations
“With steel and concrete and chemicals, you have environmental product declarations, EPDs, and those often well, they always have the climate claims on them, and so if the EPDs are delivered, now we almost need a modified EPD that says you're getting all these …”
Klauber: Businesses generate over one-third of total aviation emissions
“25% of passengers are business travelers. Over one-third of the emissions come from businesses because they're almost all of the cargo emissions, and Business travelers tend to fly in, in larger seating, which is a larger part of the footprint of the air aircr…”