Renewable Energy, Additionality and Impact: An FAQ on the U.S. Voluntary Renewable Energy Markets
With a surging focus on sustainability, organizations around the world are becoming increasingly concerned with their climate impact. 48% of the Fortune 500 and 63% of the Fortune 100 have set greenhouse gas (GHG) and/or renewable energy targets. In the higher education sector alone, almost 600 colleges and universities have signed the American College and University Presidents’ Climate Commitment (ACUPCC) and over 400 institutions are active participants in AASHE’s Sustainability Tracking, Assessment, and Rating System (STARS). Others are following suit and making their own climate commitments, many of which involve reaching “net carbon neutrality” – or zero net emissions on an annual basis. The next question for many is, “how do we reach our goals?” For energy-related GHG reduction targets, efficiency and conservation are logical first steps. These projects can create significant reductions in energy consumption and GHG emissions, but they will not eliminate an organization’s entire carbon footprint. In order to make this next step, many will enter the world of renewable energy, RECs, and carbon offsets – and quickly get confused about which option is best for them and how much of an impact each one will have. Available for download, Edison Energy’s white paper, “Renewable Energy, Additionality, and Impact: An FAQ on the U.S. Voluntary Renewable Energy Markets,” clearly and effectively answers many of the most common questions surrounding carbon reduction strategies. The Stone House Group is experienced in this field, having completed energy & sustainability strategies and climate action plans for numerous clients. Our team is filled with experts recognized in their fields, including Professional Engineers, Certified Energy Managers, Renewable Energy Professional, and Carbon Reduction Manager. Contact us today with your questions or concerns surrounding climate action planning and carbon reduction strategy management.