Day Tradexchange Inc. (SYNJ)

[Dragonwing]

Green Power Markets


Green Power Markets

Renewable Energy Certificates (RECs)

I think they have a head start:
Carbon Green


What's the difference between a REC and a Carbon Offset?

All RECs from qualifying new generators represent the environmental attributes of renewable power, principally the fact that producing that power causes less, or no, pollution. When you buy an amount of wind-generated RECs equal to your electricity consumption, you are legally entitled to claim that you are wind powered, and that your electricity use does not contribute to global warming. In other words, all wind RECs can convert your electricity to wind power. However, for a REC to be used to offset emissions from driving, flying or heating your home, it must be from a project that would not have been implemented without the opportunity to realize revenues for the carbon reductions (in other words, it must be "additional" to business-as-usual "), and not all renewable energy projects can say that.

Lots of things reduce carbon emissions, and would regardless of the existence of the market for carbon offsets. Nuclear power plant upgrades, new natural gas plants, money saving efficiency measures and no-till agriculture, all reduce carbon emissions, but those things often are done for reasons other than reducing CO2 and would be done regardless of the availability of revenues for the carbon reductions. The job for the voluntary carbon market is to reduce carbon emissions above and beyond what would have happened anyway. That's why a carbon offset has to be generated by a project that meets two tests - it must have been implemented to reduce carbon emissions, and it must be a project that faced one or more barriers to successful implementation or operation that is overcome by the opportunity to receive revenues for the carbon reductions. It's a matter of letting what's going to happen anyway happen anyway, and using the limited resources of the voluntary carbon offset market help build projects whose construction or successful performance is dependent on revenue from carbon offsets.

This would be a big win for the Company:
Solar Power Purchase Agreement

A solar PV array produces electricity measured in kWhs and RECs.
The Government is interested in the acquisition of kWhs from the solar PV array and [ ] is, [X] is not seeking to retain the RECs for this project.