Renewable energy certificates allow companies to overstate their emission reductions

Anders Bjørn (), Shannon M. Lloyd, Matthew Brander and H. Damon Matthews
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Anders Bjørn: Concordia University, Montréal
Shannon M. Lloyd: Concordia University, Montréal
Matthew Brander: University of Edinburgh Business School
H. Damon Matthews: Concordia University, Montréal

Nature Climate Change, 2022, vol. 12, issue 6, 508-509

Abstract: Many companies purchase renewable energy certificates to report reduced emissions, but this may not lead to actual emission reductions. We need emission accounting that is both accurate and that incentivizes companies to make impactful contributions to decarbonizing electricity grids.

Date: 2022
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DOI: 10.1038/s41558-022-01385-7

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