Tag: Interchange Recharged Podcast

Interchange Recharged Podcast: The world’s most-used carbon accounting rule is about to get a major overhaul

Posted on June 17, 2025 by - Blog, Podcast

What does it mean for clean energy buyers?

Episode summary from Wood Mackenzie

The Greenhouse Gas Protocol – the global gold standard for measuring corporate emissions – is under review, and the proposed changes could dramatically reshape how clean energy is bought, sold, and reported. New draft rules are expected by the end of the year.

What changes could we see? And how will they impact the energy transition? To find out, Sylvia Leyva Martinez, principal analyst at Wood Mackenzie covering solar markets, speaks with Lee Taylor, CEO of Resurety – a leading provider of data and analytics for clean energy buyers. Lee has spent over a decade helping companies understand not just how to procure renewables, but how to do so with real carbon impact.

Together, they explore what’s changing in Scope 2 emissions accounting, why location and timing of energy use now matter more than ever, and how voluntary clean power markets might evolve. They break down complex concepts like emissionality, 24/7 procurement, and consequential accounting – and what these mean for corporate net-zero strategies, PPA structures, and the future of Renewable Energy Certificates.

If your business buys clean electricity or reports against Scope 2, this is essential listening.

Plus, Taylor shares his advice for buyers and developers navigating the shifting landscape, and explains why the next six months will be key in shaping rules that will define voluntary climate leadership in the coming years.

Listen to the full podcast

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The Interchange Recharged Podcast: GHG Accounting Reform Could Transform Energy Investment

Posted on July 10, 2023 by - Blog, Podcast

The Interchange Recharged Podcast: GHG Accounting Reform Could Transform Energy Investment

In this episode of The Interchange Recharged, David Banmiller is joined by AWS’ Jake Oster and Meta’s Peter Freed to discuss the goals of the Emissions First Partnership and why updating carbon accounting standards is so important.

Listen to the podcast here or on Spotify, or download a full PDF transcript below.

Episode Summary

Changes to the way emissions are reported will have a big impact on renewable investment.

It might be the most important piece of sustainability material in corporate and climate work that no one’s ever heard of, and it drives a huge amount of corporate behavior.

In 1998, the GHG Protocol Corporate Accounting and Reporting Standard launched, and set out a standard for businesses to measure and report their greenhouse gas emissions. Like financial accounting standards, the GHG Protocol influences corporate behavior such as investment decisions. So, a planned revision of the rules for reporting Scope 2 emissions is a significant event. The new standard, expected to take effect in 2025, could have a big impact on corporate investment in low-carbon energy around the world.

Now, a consortium of some of the world’s biggest funders of the Greenhouse Gas Protocol, such as Amazon and Meta, are looking to refine the current rules with the goal of increasing the accuracy of reporting. Together with 8 other companies, including Intel and Heineken, they’ve co-founded the Emissions First Partnership, which is advocating for changes to the Greenhouse Gas Protocol.

Host David Banmiller is joined by Jake Oster, Director of Energy and Environmental Policy at Amazon Web Services, and Peter Freed, Head of Energy Strategy at Meta, to explain the goals of the EFP and why updating accounting standards is so important.

The EFP says that changes to the GHG Protocol Scope 2 emissions reporting is a crucial step to addressing the climate crisis and decarbonizing the power system. Investment in new renewable technologies from corporates, as a result of the accounting standards being updated in the past decade, is increasing.

Pre 2015, before the current market-based methodology was in place, there was about a gigawatt of installed capacity coming from PPAs. Today, there’s more than 100. The pace of progress in the energy transition is accelerating as reporting standards are refined and the EFP aims to continue this progress.

Download the transcript

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