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IBM develops GreenCert to simplify carbon trading

Our Bureau

Bangalore, Dec. 13 IBM, Enterprise Information Management Inc, and Evergreen Energy Inc have developed a greenhouse gas meter called GreenCert. The software tool, which runs on WebSphere portal, can calculate carbon emission reductions across multiple industries and devices and transform this data into Certified Carbon Emission Reduction Credits.

Evergreen’s subsidiary C-Lock Technology designed the engine to process greenhouse gas emission data from a variety of sensors and tools.

The absence of such a compliance tool inhibits the investment and growth of the potentially $30-billion global carbon market, according to a World Bank report.

The technology will be of help to numerous sectors including power, agriculture, government and financial services and can be easily deployed in power plants, cement and steel factories and commercial buildings, measuring the output of greenhouse gases from fluorescent lights, printers and other sources of energy output.

GreenCert offers a standard, repeatable methodology for collecting large volumes of information and documenting emission reductions, a process which has typically relied on highly specialised, labour and transaction intensive methods.

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