IHS software, content is foundation for successful carbon management program
ENGLEWOOD, Colo. (December, 8, 2009) – IHS Inc., (NYSE: IHS) a leading global source of critical information and insight, today announced that it is fully prepared to assist companies with the development and implementation of comprehensive carbon management strategies in response to a new U.S. Environmental Protection Agency (EPA) ruling that has set the stage for federal regulation of greenhouse gas (GHG) emissions.
The EPA finding announced yesterday states that businesses that emit specified levels of carbon dioxide or five other types of air emissions considered to be greenhouse gases can be mandated under the Clean Air Act to significantly reduce those emissions. EPA’s formal designation of greenhouse gases as pollutants that endanger human health and are therefore subject to regulation was widely expected after a preliminary finding in March. Now that the ruling has been issued, EPA can begin to establish rules as soon as 2010 to regulate emissions from vehicle tailpipes, power utilities and heavy industry.
“IHS is uniquely positioned to help businesses reduce compliance risks and costs by providing them with the critical information, technologies and expertise they need,” said Scott Lockhart, IHS vice president, Environment. “We can help them not only meet the GHG compliance challenge, but also develop operational efficiencies that provide a competitive advantage and drive growth.”
IHS greenhouse gas software solutions have been deployed globally since 2002 to help companies track, manage and report on GHG emissions. These solutions take companies from carbon foot-printing and reporting to emissions forecasting, abatement and offset project tracking as well as emissions allowance and portfolio management. IHS solutions are the most widely deployed GHG systems on the market, used by dozens of global companies at thousands of sites worldwide and have been recognized as market leaders by industry analysts including Verdantix and Groom Energy.
IHS is actively engaged with various climate change organizations around the world and recently earned accreditation by the Carbon Disclosure Project.
Experts from the IHS CERA Climate Change and Clean Energy Forum are currently participating at the United Nations’ Framework Convention on Climate Change in Copenhagen during panel discussions sponsored by the International Emissions Trading Association. The Climate Change and Clean Energy Forum provides original research and insight on the key issues pertaining to climate change and clean energy policy, strategy, markets and technology, and facilitates discussion among industry leaders and key stakeholders to help understand, integrate and address the strategic climate change and clean energy questions facing the global energy industry.
For information about GHG solutions from IHS, visit www.ihs.com/solutions/environment.him.
About IHS (www.ihs.com)
IHS (NYSE: IHS) is a leading global source of critical information and insight dedicated to providing the most complete and trusted information and expertise. IHS product and service solutions span four areas of information that encompass the most important concerns facing global business today: Energy, Product Lifecycle, Security, and Environment, all supported by Macroeconomics. By focusing on our customers first, IHS enables innovative and successful decision-making for customers ranging from governments and multinational companies to smaller companies and technical professionals in more than 180 countries. IHS is celebrating its 50th anniversary in 2009 and employs more than 4,150 people in 23 countries.
IHS is a registered trademark of IHS Inc. All other company and product names may be trademarks of their respective owners. Copyright © 2009 IHS Inc. All rights reserved.