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Combined Heat and Power Partnership

The Climate Trust - Offset Request for Proposals

dCHPP Glossary (PDF) (2 pp, 53K)

Date Last Updated11/16/2012
Incentive TypeGrant
State/FederalU.S./Federal
Incentive Administrator/Contact OfficeThe Climate Trust
Incentive Initiation Date1/1/1997
Incentive Size and Funding SourceThe Climate Trust is a non-profit organization that purchases greenhouse gas (GHG) offsets from energy efficiency and renewable energy projects. The Climate Trust purchases credits at prices that are competitive with other high quality U.S.-based carbon projects such as those certified under the Climate Action Reserve. An emission reduction purchase agreement sets a price to be paid for each metric ton of carbon dioxide reduced, avoided, or sequestered by a project. The carbon asset is equal to the carbon dioxide emissions reduced by a project over its lifetime multiplied by the price to be paid for these reductions. The Trust is actively seeking projects that reduce or avoid GHG emissions.
Eligible RecipientProject Developers of projects that generate carbon credits.
Eligible FuelDoes Not Specify
Eligible Project Size (MW)Does Not Specify
Minimum Efficiency Required (%)Does Not Specify
Other Selected Eligibility CriteriaProposal requirements include the following:
  • A project must reduce or avoid at least 50,000 metric tons of CO2 emissions over its lifetime.
  • A project must reduce emissions at the site where it is implemented (The Climate Trust is not funding renewable electricity or electric energy efficiency projects that cause emission reductions to occur at power plants connected to the grid).
  • Finally, a project developer must demonstrate that selling emission reductions to The Climate Trust enables a project's implementation that otherwise would not occur - the Climate Trust only funds projects that will not be implemented until after the contract is negotiated.
Application Form(s)Offset Project Solicitation (DOC) (4 pp, 121K)
Other Incentive DetailsThe Climate Trust's current portfolio of offset projects is comprised of energy efficiency, renewable energy, sequestration, CHP, material substitution and transportation efficiency projects. Two CHP facilities, Oregon State University (OSU) and the Lumber Mill Cogeneration facility, have received funding from The Climate Trust for their offsets. OSU will install a new CHP facility with financial support from the Trust. The CHP facility is expected to eliminate 339,000 metric tons of carbon dioxide emissions over the course of its operation.

The Climate Trust will assess submitted project proposals on an ongoing basis; there is no deadline.
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