January 7, 2008—BM, Enterprise Information Management (EIM), and Evergreen Energy recently announced a greenhouse gas meter called GreenCert developed on IBM Websphere Portal- based software, that can calculate carbon reductions across multiple industries and devices. The absence of such compliance tools is cited as inhibiting the investment in and growth of the potentially $30 billion global carbon market, according to a World Bank report (.pdf file).
GreenCert provides an automated software tool to gauge and document greenhouse gas management efforts and can transform this data into Certified Carbon Emissions Reduction Credits (CCERC).
The technology extends the global greenhouse gas reduction trading market to numerous sectors including power, government, and financial services. The developers say it can easily be deployed throughout power plants, factories, and commercial buildings, measuring outputs of greenhouse gases from florescent lights, printers, and other sources of energy output.
GreenCert reportedly offers a standard, repeatable methodology for efficiently collecting and manipulating large volumes of information and calculating and documenting emissions reductions for specific industries.
GreenCert will be available from C-Lock in the first half of 2008. The application is available now as a trial beta.