RECs vs Offsets The Debate Continues

At a recent US-based conference, voluntary carbon wonks were getting stirred up and the mood was divisive. The issue The appropriate use of renewable energy certificates RECs as offsets in the voluntary carbon markets. On one side of the debate, stakeholders like Ron Luhur from Environmental Defense Fund were adamant that, with rare exceptions, RECs simply cannot be converted into carbon offsets and cross over to the voluntary carbon markets. 'With RECs you're claiming an indirect reduction...

Australian Climate Exchange Registry

The Australian Climate Exchange ACX Registry was developed to track the four types of emissions commodities tradable on the Exchange, namely Greenhouse Friendly Approved Abatement units, New South Wales GHG Abatement Certificates NGACs , VER credits, and Renewable Energy Certificates RECs . The Exchange was created initially to serve as a trading platform for Greenhouse Friendly abatement units only, but has since expanded. All credits certificates listed on the Exchange must first be...

Whats driving the market

Heretofore, we have made oblique reference to market drivers the risk of future regulation, a desire for product differentiation, philanthropic aims, etc. . Now that we have a sense of how supply works in the voluntary carbon markets, it is worth shining a more direct spotlight on the demand for voluntary carbon credits. Is it real Is it robust Is it sustainable Briefly, one might answer these questions in turn with a yes, a no and a maybe. The best way to assess these questions, however, is to...