El Paso Corporation First to Achieve Climate Action Leader Status in 2007

 
    LOS ANGELES, July 26 /PRNewswire-FirstCall/ -- El Paso Corporation has
successfully certified its greenhouse gas (GHG) emissions inventory with
the California Climate Action Registry (Registry), becoming the first
company to earn the distinction of Climate Action Leader(TM) for 2007. The
company is now voluntarily publicly reporting its 2006 GHG emissions under
the Registry's rigorous program.
    El Paso Corporation owns North America's largest natural gas pipeline
system, which is 43,000 miles long and transports approximately one-quarter
of the natural gas consumed in the country each day. Their exploration and
production operation ranks in the top 10 of United States independent
producers.
    "We are especially proud that El Paso is the first company to achieve
Climate Action Leader(TM) status this year. We are also proud of being the
first natural gas pipeline company to complete a third-party-certified
inventory that covers all greenhouse gas emissions, including methane, from
our California operations," said Doug Foshee, El Paso Corporation President
and Chief Executive Officer.
    "Natural gas has the lowest GHG and air emissions intensity of all
fossil fuels and provides about 20 percent of all the energy used in the
United States today," according to Foshee. "Natural gas will continue to
play a pivotal role in the nation's energy infrastructure and be integral
to future greenhouse gas management and air quality strategies. As an
industry leader, El Paso will continue to participate in the development of
future comprehensive greenhouse gas programs," he said.
    The Registry, created by the California Legislature in 2000, is a
non-profit public/private partnership that helps companies and
organizations throughout the United States to track, publicly report and
reduce their greenhouse gas emissions. The results are certified by
independent third-parties to ensure compliance with Registry protocols and
standardization across participants and sectors. Organizations that are
willing to meet the accounting standards and third party certification
requirements of the Registry show their serious intent to address climate
change. The Registry has been widely recognized as a gold standard for
public reporting of greenhouse gases.
    "El Paso Corporation repeatedly demonstrates environmental leadership.
They are the first natural gas pipeline company to join the Registry and
also the first to achieve Climate Action Leader status for 2007," said
Diane Wittenberg, President of the California Climate Action Registry.
"Their leadership is a model for other companies to follow."
    According to the Registry, El Paso is the first organization in the
Registry's history that submitted data without a single error.
    El Paso's certified GHG emission report for 2006 is available through
the Registry's website at http://www.climateregistry.org/CARROT/Public/.
    In August 2006, El Paso became the first natural gas pipeline company
to join the California Climate Action Registry. In addition to assessing
and managing its own greenhouse gas issues, El Paso has been developing
constructive programs to address greenhouse gas policies and solutions.
    The California Climate Action Registry is a non-profit public/private
partnership that serves as a voluntary greenhouse gas (GHG) registry to
protect, encourage, and promote early actions to reduce GHG emissions. Over
240 major companies, cities, government agencies and NGOs measure and
publicly report their GHG emissions through the Registry.
http://www.climateregistry.org


  SOURCE El Paso Corporation