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Thursday, November 13, 2008

Shifting from RECs* to Offfsets (*Renewable Energy Credits)

On the Campus Ecology blog, Xarissa Holdway writes about one AASHE session which matched offsets against renewable energy credits:
To the surprise of the presenter, Dave Newport of CU-Boulder, this afternoon’s discussion of GHG offsets and Renewable Energy Credits didn’t degenerate into fisticuffs or even a red-faced screaming match. In fact, the discussion was downright welcoming, which is what I’ve come to expect of the attendees of this conference. . . . While Newport feels that RECs have had their victories, among them increased market demand for renewable energy and the dismantling of some of the geographical barriers to sustainability, the disadvantages of RECs outweigh the benefits. He lists the public perception of REC’s as a ‘sin tax’, the lack of transparency, a poor sense of closure for buyers, and the lack of added value to the initial investment as cons.

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1 Comments:

Anonymous Anonymous said...

We must not as a nation forget the role the high cost of our dependence on foreign fuel played in the demise of our automakers. The exorbitant cost of gas the past year has done serious damage to our economy and society. We need to take lessons from our mistakes.WE also need to get out from under the grip our dependence on fore gin oil has on us. Why not take some of these billions and invest in America becoming energy independent. Driving an electric car would cost the equivalent of 60 cents a gallon. The electricity could be generated by solar or wind power. Green technology would create millions of badly needed new jobs. What America needs is a green revolution. It is time for us to move forward with alternative energy. I just read Jeff Wilson's new book The Manhattan Project of 2009. I highly recommend this book to anyone who is concerned about the downward spiral of our economy and it's effect on our society and would like to see our country become energy independent!

November 13, 2008 at 12:59 PM  

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