FEBRUARY | VOLUME 05, ISSUE 02
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On February 16, 2005, the Kyoto Protocol came into effect. As direct emitters of greenhouse gas emissions (GHGs), TransCanada's facilities will be impacted by climate change policy developments in Canada; however, until targets are set and compliance options are fully developed, it is difficult to determine the level of impact to our Canadian asset base.

"Managing air emissions is a key area of focus for TransCanada," says Liz Siarkowski, Climate Change group leader. "We have implemented award-winning programs to reduce greenhouse gas emissions from our pipeline systems and have used commercially available technologies to manage nitrogen oxides from our rapidly growing power business."

TransCanada has participated extensively in policy discussions with federal and provincial governments on climate change issues.

"It is appropriate to manage GHG emissions by taking action to increase energy efficiency both in the production of energy and in end-use consumption," says Liz.

What is Kyoto?

The Kyoto Protocol is the agreement Canada and more than 160 other countries made in 1997. In this agreement, 38 developed nations agreed to collectively limit greenhouse gas (GHG) emissions, on average, to 5.2 per cent below 1990 levels.

The Protocol covers less than 50 per cent of human made GHG emissions. Many countries with rapidly expanding economies, such as China and India, are exempt while others have withdrawn like the United States.

What are GHGs?

Most Greenhouse Gas Emissions (GHGs) are created when we burn fossil fuels like oil, gas and coal. GHGs are emitted by the cars we drive, the furnaces we use to heat our homes, and the industries that produce oil and gas, create electricity, and develop products for Alberta's and the world's marketplace.

GHG emissions of carbon dioxide, methane and nitrous oxide are emitted during the operation of natural gas and oil pipelines.

Climate Change and Air Issues Report

TransCanada's 2004 Climate Change and Air Issues Annual Report is a little bit of old and a bit of new.

For the past nine years TransCanada has submitted a report to Canada's Climate Change Voluntary Challenge & Registry Inc. (VCR), a government-industry partnership established to encourage industry to report and reduce GHG emissions that contribute to climate change.

Past VCR reports dealt only with our Canadian operations. The new report includes all North American facilities wholly owned by TransCanada, and those we partially own, manage and/or operate. Another difference - we now report on the nitrogen oxides (NOx) produced by our facilities, which are the precursors to acid rain and smog.

"We continue to expand the scope of our environmental reporting to include other emissions that contribute to air pollution," says Liz. "We want people to understand the strategies and actions we are taking to manage our emissions."

Hard copies of the English report and a summary of the report in French are available by contacting Matthew Bower at 403.920.7766. For more information on our climate change programs, please contact Liz Siarkowski at 403.920.7789.

 
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DATE: February 25, 2005