Just to be clear, renewable energy credits are different than carbon offsets, and easier to guarantee because they’re often tied directly to a metered renewable energy source.
That said, there are still junk RECs on the market, like those tied to energy that was produced up to 2 decades ago that nobody got around to claiming / retiring. Or RECs tied to energy sources that may have happened regardless of the REC sale.
Ohhh good point! Wanted to edit that into my comment there even, thank you.
The junk RE credits are really interesting. As is the “ha we were building that solar farm no matter what!” problem - reminds me of when that happens in… tax deductions I think.
Just to be clear, renewable energy credits are different than carbon offsets, and easier to guarantee because they’re often tied directly to a metered renewable energy source.
That said, there are still junk RECs on the market, like those tied to energy that was produced up to 2 decades ago that nobody got around to claiming / retiring. Or RECs tied to energy sources that may have happened regardless of the REC sale.
Ohhh good point! Wanted to edit that into my comment there even, thank you.
The junk RE credits are really interesting. As is the “ha we were building that solar farm no matter what!” problem - reminds me of when that happens in… tax deductions I think.