CCS EAC Standard Under Review as Energy Markets Push for Better Carbon Capture Accounting
carbonherald.comA proposed standard for Carbon Capture and Storage Energy Attribute Certificates (CCS EACs) is entering a public comment period through June 25. The framework, led by the Cynthia & George Mitchell Foundation, aims to create credible tracking for the environmental value of CCS projects. This comes as energy buyers and project developers look for better accounting methods to support investment in carbon capture infrastructure. The standard could help companies verify carbon reductions from CCS and make clean energy investments more transparent. Major projects like Norway's Northern Lights are already advancing cross-border CO2 storage, but consistent market mechanisms are still needed. Stakeholder feedback during this period will shape how these certificates work in practice. For carbon markets, clear rules around CCS EACs could reduce accounting uncertainty and attract more capital. The outcome may influence how future CCS projects are financed and how companies report their emissions reductions.
