As a founding reporter, Progress Energy agrees to annually calculate and report both direct and indirect emissions of the six primary greenhouse gases, including CO2, from all company power plants, vehicle fleet and other operations.

In 2008, Progress Energy plans to conduct a comprehensive, companywide greenhouse gas emissions inventory using protocols established by The Climate Registry (TCR). The inventory will include all emissions associated with the company’s operations and will be verified by a third party to ensure accuracy.

The company said that it is pursuing a balanced strategy that includes aggressive energy-efficiency goals, investments in renewable and alternative energy sources and advancing power plants, including new nuclear generation.

Bill Johnson, chairman and CEO of Progress Energy, said: We are committed to transparency with our customers, shareholders and communities about the environmental impacts of our operations. We must face the challenge of global climate change together, and participating in TCR will help inform consensus-based strategies to guide our actions.