CEBA Calls for Immediate Changes to Scope 2 Revision Process
This article advocates for a change in the GHGP Scope 2 revision process, arguing that hourly matching is "inefficient and infeasible for most buyers and may curtail ambitious global climate action."
GHG Management Institute: Limitations of Hourly Matching Claims
Hourly matching sounds rigorous, but key technical and market flaws make it insufficient as a standalone solution for Scope 2 reporting. (Related: Ever.Green FAQ)
Expert Consensus on Climate Impact
More than 30 academics and experts agree that hourly matching sounds good on paper but falls short in practice.
McKinsey: Rethinking Your Company's Clean-Power Strategy
This article analyzes how hourly matching, while well-intentioned, can degrade "grid citizenship" as individual-level accounting incentives conflict with system-level needs.
Baringa: The Corporate Catalyst
This study illustrates why relaxing market boundaries for voluntary procurement - rather than tightening them - offers the greatest opportunity for climate impact.
Jigar Shah: Voluntary Markets, The Key to Unlocking More Clean Energy
While voluntary 24/7 commitments should be applauded, mandatory hourly matching poses a significant risk to the impact of voluntary markets. Learn more in this LinkedIn post, authored by Latitude Media's Jigar Shah.
It’s time for a revision to Scope 2 guidance. Those on all sides agree that the focus should be on integrity — the accuracy of the accounting measures; impact — how these accounting measures lead to the intended goal of more CFE; and feasibility — the reality of what it takes to implement projects around the world.
Mandatory load-matched 24/7 CFE argues that the easiest way to ensure integrity of projects is to add location into the accounting. The theory is that accountability is a lot easier when the project is just down the road.
However, a project doesn’t need to be in sight to be accounted for accurately. In fact, due to the complexity of modern grids, projects close by might not be any easier to account for!
If the world’s focus is on the most accurate accounting that will catalyze action towards more clean energy procurement — a focus on actionability is key. A model that leans towards flexibility will ensure feasibility, can incorporate integrity, and will most definitely lead to more impact.
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