Tradewater at Greenbiz 2022

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Help destroy the most potent greenhouse gases

Climate solutions for businesses of all sizes

Upholding your company’s climate commitments requires a complex portfolio of solutions. From monitoring operational emissions to supporting high-quality environmental initiatives, each piece must complement the others.

Tradewater is a mission-based environmental project development company that collects, controls, and destroys greenhouse gases (GHGs). This is one of the most impactful solutions to combat catastrophic climate change and offers industry leaders a range of impactful solutions for their businesses.

Ensure that your climate commitment makes the biggest impact possible – and ensure greenhouse gases get destroyed or recycled responsibly.
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Solutions to Achieve Your Climate Goals

Identify and manage potent gases responsibly

We'll help you locate the climate-warming refrigerant gases that often go unnoticed in large-scale operations–from chillers, air conditioning, and refrigerated systems–then replace them with responsible alternatives.

Destroy GHGs with high-quality carbon offset credits

Our refrigerant destruction work is made possible through a positive reinvestment cycle: the purchase of our high-quality offsets allows us to fund more projects and expand this work around the world

Engage your supply chain in meaningful climate action

Our Carbon Neutral Collective is an asset for small to medium-sized organizations or contractors in your supply chain. When your partners can easily measure and manage their carbon footprints, your business can do more.

How it Works

Tradewater is an EPA-certified organization with the technical expertise to handle refrigerant safely and responsibly. Since 2016, Tradewater has prevented the equivalent of over 6.2  million tons of carbon dioxide from being released to the atmosphere.

We first aggregate the dangerous greenhouse gases we collect. Depending on the refrigerant type, we either destroy the gases through incineration or send them through a regulated recycling process.

This work results in high-quality offset credits. Our credits are verified in a two-step process: an independent third-party verification body reviews all the documentation associated with the project, then the project is submitted to a carbon offset registry.

By supporting this work, your company makes a positive, measurable impact on the environment. You can be sure that the gases will be destroyed and never leak into the atmosphere.

Identify and manage potent gases responsibly

Tradewater's Catalytic Coalition helps companies identify the refrigerants used within their facilities, specifically the CFCs and HCFCs that are potent greenhouse gases, and make sure that their climate commitments include responsible refrigerant management and end-of-life destruction. Learn more about the Catalytic Coalition our latest webinar (below).

Destroy GHGs with high-quality carbon offset credits

Carbon offset programs have grown in popularity over the past two decades. And while all carbon credits share certain defining characteristics, not all programs that develop those credits are created equal. Read our latest white paper to learn why Tradewater meets the latest commonly accepted standards for credits that are additional, accurate, permanent, and measurable.

Engage your supply chain in meaningful climate action ​

Tradewater's Carbon Neutral Collective is a group of small and medium sized businesses committed to reducing their carbon emissions and, together, building the collective impact needed to fight climate change. By offsetting through the program, companies in your supply chain can directly fund work by Tradewater’s project teams to destroy potent greenhouse gases that contribute to global warming.

Yes, I want to destroy potent refrigerants.

Let’s have a conversation today.

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Tradewater generates carbon offset credits by collecting and permanently destroying harmful greenhouse gases (GHGs) in the form of refrigerant gases through a safe, verifiable process. If not destroyed, these GHGs would eventually be released into the atmosphere.

Permanence

Emission reductions are considered permanent if they are not reversible. In some projects, such as forestry or soil preservation, carbon offset credits are issued based upon the volume of CO2 that will be sequestered over future decades—but human actions and natural processes such as forest fires, disease, and soil tillage can disrupt those projects. When that happens, the emission reductions claimed by the project are reversed.

The destruction of halocarbon does not carry this risk. All destruction activities in Tradewater’s projects are conducted pursuant to the Montreal Protocol , which requires “a destruction process” that “results in the permanent transformation, or decomposition of all or a significant portion of such substances.” Specifically, the destruction facilities Tradewater uses must meet or exceed the recommendations of the UN Technology & Economic Assessment Panel , which approves certain technologies to destroy halocarbons, including the requirement that the technology achieve a 99.99% or higher “destruction and removal efficiency.” Simply put, this means that Tradewater’s technologies ensure that over 99.99% of the chemicals are permanently destroyed. During the destruction process, a continuous emission monitoring system is used to ensure full destruction of the ODS collected.

Accuracy

Some carbon offset projects necessarily rely on estimations or assumptions when calculating the emission reductions from project activities. Forestry projects, where developers make assumptions about the carbon that will be sequestered over future decades if trees are conserved, are a perfect example. Such projects sometimes result in an overestimation of the environmental benefit of the project.

Tradewater’s halocarbon projects avoid the issue of overestimation by consistently conducting extremely precise testing and measurement of the amount of refrigerant destroyed in each project.

  • Every container of ODS that Tradewater destroys is weighed by a third-party using regularly calibrated scales. The ODS is then sampled by a third-party and analyzed by an accredited refrigerant laboratory to determine its species and purity. These two steps combine to ensure that credits are issued only for the precise volume and type of refrigerant destroyed.
  • The destruction facilities that Tradewater uses continuously monitor the incineration process during destruction events to ensure that over 99.99% of the ODS is destroyed. This monitoring is mandated by regulatory protocols and is part of the verification process to which projects are subjected.
  • Tradewater accounts for the project emissions created during the collection, transport, and destruction of ODS, and the number of offsets issued is reduced by a corresponding amount. The protocols that we use also build in other reductions to account for substitute chemicals that will be used to replace the destroyed refrigerants. Tradewater publishes this information in the documentation for all its ODS destruction projects. These documents outline how the material was obtained, the project emissions calculations, the test results, and the amount and type of ODS chemicals destroyed, among other information.

    • Additionality

    It is a basic requirement of all carbon offset projects that the underlying project activities are additional. “Additional” means that the projects would not happen in the absence of a carbon market. Tradewater’s halocarbon projects simply would not happen – and the gases would be left to escape into the atmosphere – without the sale of the resulting carbon offset credits. This is because there is no mandate to collect and destroy these gases. It is still permissible to buy, sell, and use halocarbons that were produced before the ban. There are other reasons halocarbon destruction projects are additional:

    • There are no incentives or financial mechanisms to encourage halocarbon destruction. According to the International Energy Agency and United Nations Environment Program, “there is rarely funding nor incentive” to recover and destroy ozone depleting substances in storage tanks and discarded equipment. And collecting, transporting, and destroying halocarbons is time-intensive and expensive. The burden to collect and destroy these gases therefore remains prohibitive outside of carbon offset markets—meaning that if organizations like Tradewater do not do this work, nobody else will.
    • Countries are not focused on the need to collect and destroy halocarbons. The Montreal Protocol has been celebrated as a success because of its production ban. This success, however, ignores the legacy gases produced before the ban and is a blind spot for government regulators. In the U.S., for example, the Environmental Protection Agency (EPA) developed a Vintaging Model in the 1990s to estimate the quantify of ozone depleting substances left in circulation. Based on the inputs and assumptions put into the model, the EPA predicted that no CFCs would be available for recovery beyond 2020 in the United States. But this prediction did not prove accurate. Tradewater has collected and destroyed more than 1.5 million pounds of CFCs globally in recent years and continues to identify thousands of pounds per week.
    • International carbon accounting standards do not require corporations to measure or track emissions tied to halocarbons, and refrigerants are specifically excluded from Science Based Targets initiative (SBTi) commitments. These commitments derive from emissions reporting under the GHG Protocol, which requires companies to report on emissions only from new generation refrigerants, such as hydrofluorocarbons (HFCs), but does not establish any obligation to report inventories or emissions of refrigerants still in use, such as CFCs and HCFCs. All these factors combine to make Tradewater’s carbon offset projects highly additional. As Giving Green, an initiative of IDinsight, concluded: “Tradewater would not exist without the offset market, so this element of additionality is clearly achieved.” The case for additionality is not so clear for some other project types, such as forestry and landfill gas carbon projects. For example, some forests are already being conserved for their beauty, or for use as parks, and generate carbon offset credits only because those conservation efforts do not yet have full formal protection in place to avoid deforestation in the future. Similarly, methane from landfills can be used to make electricity or captured as compressed natural gas, thereby creating additional revenue streams to support the activities, beyond the sale of carbon credits.