Designing a practical standard to assess the industry
An MiQ Certificate is issued for each batch of gas originating from a certified upstream asset or facility, with an A-F certificate grade that indicates the asset or facility’s overall methane emissions performance. That MiQ Certificate lives in a registry.
The operator is responsible for proving that the batch of certified gas it produces is delivered to a gas hub or offtake location. The certificates are created in the registry after proof of transport.
The gas purchaser buys the certified gas at the hub or offtake location from the producer.
An MiQ Certificate represents the methane emissions performance attributes of a batch of gas. The attributes may only be claimed through retirement of the MiQ Certificate, which may be requested by account holders in the registry.
Upon MiQ Certificate retirement, the MiQ Certificate account holder will be able to request a retirement statement from the certificate issuing body containing all relevant information on the MiQ Certificate.