Emily Clarke

3 Benefits of MRV

Scientists can almost invariably agree that carbon in the atmosphere has the potential to cause global changes to the climate over time. As carbon increases, it can depress the ability of heat to dissipate. This so-called "greenhouse effect" traps heat for extended periods of time in the atmosphere, and this can lead to warming trends. When an environment gets too warm, changes to the ecological makeup of the climate can occur, and seemingly innocuous areas of the planet can begin to experience dangerous conditions that include flooding due to melting ice that sits on land.

To combat carbon emissions, many industrial companies have taken steps to reduce or eliminate output. In doing this, measurement, reporting and verification (MRV) have been put to use to determine how much progress has been made to eliminate carbon in the atmosphere.

Below are three benefits of MRV for industries that are concerned with carbon emissions:

1. MRV Reports Provide Insight

When a company uses MRV carbon reports to gauge the effectiveness of its emissions reduction strategy, the company gains insight. This insight provides information that can be useful in streamlining emissions reduction programs, but it can also be useful if a company needs to verify its emissions reduction efforts with an investor or regulatory agency. MRV carbon reports can also be used to measure historical trends in emissions to see what strategies have been the most useful and which ones may be a waste of time.

2. MRV Insights Can Be Financially Beneficial

MRV reports can also assist companies that work with organizations that issue and use carbon credits. These are credits that are issued based on payments made for carbon output. The World Bank has its Emissions Reduction Payments Agreements (ERPAs) that allow companies to offset carbon emissions by purchasing carbon credits. This money is then used to fund efforts to clean the environment and reduce emissions elsewhere.

3. MRV Insights Lead to New Technologies

The results of MRV reports may lead to the discovery and implementation of new technologies that can be used to clean the environment. Research into the elimination of carbon from industrial processes requires a lot of data, and an MRV report can provide this data to help researchers look for new approaches to sustainable energy production.

Author Resource:-

Emily Clarke is providing info about a single platform for your oil and gas software solutions. You can find her thoughts at cloud based energy software blog.