SOURCE: El Paso Corporation

May 07, 2008 11:57 ET

El Paso Corporation Pipelines Become 'Founding Reporters' of The Climate Registry

Industry Leader Takes Action on Climate Change

WASHINGTON, DC--(Marketwire - May 7, 2008) - El Paso Corporation (NYSE: EP) subsidiaries, El Paso Natural Gas Company (EPNG) and Colorado Interstate Gas Company (CIG), have become Founding Reporters of The Climate Registry by being among the first to join the organization. The Climate Registry is a non-profit organization established to measure and publicly report greenhouse gas emissions (GHG) in a common, accurate, and transparent manner consistent across industry sectors and borders. Thirty-nine U.S. states, eight Canadian provinces, three Native American tribes, six Mexican states, and the District of Columbia are the founders of the organization.

"El Paso has demonstrated exemplary environmental leadership by courageously stepping forward to support The Climate Registry in its preliminary stages. We are deeply grateful for its integral support in helping to address the challenge of climate change," said Gina McCarthy, chair of The Climate Registry.

A leader in the interstate natural gas transmission industry, El Paso has demonstrated environmental stewardship on several fronts by voluntarily committing to quantify, independently verify, and publicly report its GHG emissions on an annual basis, utilizing The Climate Registry General Reporting Protocol. The protocol is based on internationally recognized GHG accounting standards of the World Resources Institute and World Business Council on Sustainability.

El Paso continues to serve with other experts from industry, the service sector, environmental organizations, environmental consulting firms, and local governments on The Climate Registry's Advisory Committee, providing input on protocols related to reporting of greenhouse gas emissions.

In 2007, El Paso Corporation successfully certified its 2006 California GHG emissions inventory with the California Climate Action Registry, becoming the first company to earn the distinction of Climate Action Leader™ for 2007 and the first company in that registry's history to certify without a material error. Further, El Paso has successfully submitted a third-party-verified emissions report for its 2006 U.S. operations to the U.S. Department of Energy.

"We are proud that El Paso's Western Pipeline Group, including our Colorado Interstate Gas and El Paso Natural Gas pipeline systems, have joined The Climate Registry, helping to advance accurate GHG emissions reporting," said Jim Cleary, president of El Paso's Western Pipeline Group.

"As the nation tackles complex energy and environmental challenges, natural gas will play an important role," according to Cleary. "Natural gas has lower GHG and air emissions intensity relative to other fossil fuels, and provides about 20 percent of all the energy used in the United States today.

"El Paso has actively participated in the Western Climate Initiative and the California Global Warming Solutions Act of 2006 (Assembly Bill 32) regulatory development process. We will continue to provide industry leadership by participation in the development of future comprehensive greenhouse gas programs, and membership in The Climate Registry is one key aspect of our commitment," he said.

Entities that joined The Climate Registry before May, 2008, were eligible to receive Founding Reporter status.

About The Climate Registry

Incorporated in March, 2007, in Washington, D.C., The Climate Registry provides accurate and transparent measurement of GHG emissions and ensures consistency of measurement metrics across industry sectors and borders. The Climate Registry accounting infrastructure supports both voluntary and regulatory programs. For more information please visit, www.theclimateregistry.org.

El Paso Corporation provides natural gas and related energy products in a safe, efficient, and dependable manner. The company owns North America's largest interstate natural gas pipeline system and one of North America's largest independent natural gas producers. For more information, visit www.elpaso.com.

Contact Information

  • Contacts:
    Katharine Fatton
    (213) 891-1444 ext. 113
    or
    Nancy Whalen
    (213) 891-6933
    or
    Richard Wheatley
    El Paso Corporation
    (713) 420-6828