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The UN's Clean Development Mechanism (CDM) is very different from Renewable Energy Certificate programs. CDM project, as a type off Carbon Offset, are supposed
by tdaltonc 4y ago
The UN's Clean Development Mechanism (CDM) is very different from Renewable Energy Certificate programs. CDM project, as a type off Carbon Offset, are supposed to be targeted have "additionality," meaning, as you said, that the project wouldn't exist if not for the subsidy.
RECs are supposed to be universal because they're about tracking the production/consumption of all renewable energy on the grid. That universality makes fraud much harder.
- ZeroGravitas 4y agoUnbundled RECs have the exact same "additionality" issue, and I'm assuming if you're creating a market for all renewable energy on the grid, you are talking about unbundled RECs. This quote on your site appears to confirm that: > Most generators don't know they are accruing valuable credits they can sell. If you are a generator selling these credits you could off-set the cost of your system.
- ericd 4y agoYeah, that quote means that the person who didn't know about them will likely not realize that when they sell them, they're essentially no longer using renewable energy themselves.