{"id":272668,"date":"2023-08-10T21:01:15","date_gmt":"2023-08-10T19:01:15","guid":{"rendered":"https:\/\/climatescience.press\/?p=272668"},"modified":"2023-08-10T21:01:18","modified_gmt":"2023-08-10T19:01:18","slug":"most-companies-buying-renewable-energy-certificates-arent-actually-reducing-emissions","status":"publish","type":"post","link":"https:\/\/climatescience.press\/?p=272668","title":{"rendered":"Most companies buying renewable energy certificates aren\u2019t actually reducing\u00a0emissions"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"723\" height=\"542\" data-attachment-id=\"272673\" data-permalink=\"https:\/\/climatescience.press\/?attachment_id=272673\" data-orig-file=\"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/08\/image-398.png?fit=1536%2C1152&amp;ssl=1\" data-orig-size=\"1536,1152\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"image-398\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/08\/image-398.png?fit=723%2C542&amp;ssl=1\" src=\"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/08\/image-398.png?resize=723%2C542&#038;ssl=1\" alt=\"\" class=\"wp-image-272673\" srcset=\"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/08\/image-398.png?resize=1024%2C768&amp;ssl=1 1024w, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/08\/image-398.png?resize=300%2C225&amp;ssl=1 300w, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/08\/image-398.png?resize=768%2C576&amp;ssl=1 768w, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/08\/image-398.png?resize=1200%2C900&amp;ssl=1 1200w, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/08\/image-398.png?resize=800%2C600&amp;ssl=1 800w, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/08\/image-398.png?resize=400%2C300&amp;ssl=1 400w, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/08\/image-398.png?resize=200%2C150&amp;ssl=1 200w, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/08\/image-398.png?w=1536&amp;ssl=1 1536w, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/08\/image-398.png?w=1446&amp;ssl=1 1446w\" sizes=\"auto, (max-width: 723px) 100vw, 723px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">From <a href=\"https:\/\/notalotofpeopleknowthat.wordpress.com\/\">NOT A LOT OF PEOPLE KNOW THAT<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">By Paul Homewood<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>I would not bother reading the whole article. It\u2019s s statement of the bloomin obvious, making an argument I have been arguing for years:<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"723\" height=\"512\" data-attachment-id=\"272669\" data-permalink=\"https:\/\/climatescience.press\/?attachment_id=272669\" data-orig-file=\"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/08\/image-397.png?fit=1006%2C713&amp;ssl=1\" data-orig-size=\"1006,713\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"image-397\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/08\/image-397.png?fit=723%2C512&amp;ssl=1\" src=\"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/08\/image-397.png?resize=723%2C512&#038;ssl=1\" alt=\"\" class=\"wp-image-272669\" srcset=\"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/08\/image-397.png?w=1006&amp;ssl=1 1006w, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/08\/image-397.png?resize=300%2C213&amp;ssl=1 300w, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/08\/image-397.png?resize=768%2C544&amp;ssl=1 768w\" sizes=\"auto, (max-width: 723px) 100vw, 723px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Big companies are increasingly setting voluntary greenhouse gas emissions reduction targets that are derived from the 1.5 C temperature goal of the Paris Agreement. As part of these\u00a0<\/em><a href=\"https:\/\/sciencebasedtargets.org\/\"><em>science-based targets<\/em><\/a><em>\u00a0or longer-term\u00a0<\/em><a href=\"https:\/\/zerotracker.net\/\"><em>net-zero targets<\/em><\/a><em>, companies commit to rapidly reducing the emissions that come from their electricity consumption.<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>One approach is to purchase\u00a0<\/em><a href=\"https:\/\/www.epa.gov\/greenpower\/program-data-viewer\"><em>renewable energy certificates<\/em><\/a><em>, which represent solar, wind and other green energies flowing into the electricity grid.<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.nature.com\/articles\/s41558-022-01379-5\"><em>Our new study<\/em><\/a><em>\u00a0shows that companies largely rely on renewable energy certificates to report steep electricity emissions reductions and that this is unlikely to actually reduce emissions.<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/theconversation.com\/most-companies-buying-renewable-energy-certificates-arent-actually-reducing-emissions-183176\">https:\/\/theconversation.com\/most-companies-buying-renewable-energy-certificates-arent-actually-reducing-emissions-183176<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Put simply, whilst companies may buy these certificates, called REGOs, the renewable electricity they are created for would have been generated anyway.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The only possible way REGOs could incentivise more renewable generation is if they were of a much higher value. Unfortunately in themselves they have very little value at all. The only value for companies, and indeed customers signing up for green energy deals, lies in virtue signalling.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">And that is not something any business is willing to pay more than a pittance for.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Big companies are increasingly setting voluntary greenhouse gas emissions reduction targets that are derived from the 1.5 C temperature goal of the Paris Agreement. As part of these\u00a0science-based targets\u00a0or longer-term\u00a0net-zero targets, companies commit to rapidly reducing the emissions that come from their electricity consumption.<\/p>\n","protected":false},"author":121246920,"featured_media":272673,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":"","advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[1],"tags":[691818076,691819636,691818154,691820383],"class_list":["post-272668","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-co2","tag-emissions","tag-net-zero","tag-renewable-energy-certificates","fallback-thumbnail"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/08\/image-398.png?fit=1536%2C1152&ssl=1","jetpack_likes_enabled":true,"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/paxLW1-18VS","jetpack-related-posts":[{"id":275913,"url":"https:\/\/climatescience.press\/?p=275913","url_meta":{"origin":272668,"position":0},"title":"India Want The World To Target Per Capita\u00a0Emissions","author":"uwe.roland.gross","date":"08\/27\/2023","format":false,"excerpt":"India\u2019s emissions are seven times the UK\u2019s. and have increased by 52% since 2011. Ours have declined by a third in that time.","rel":"","context":"In \"Climate crisis\"","block_context":{"text":"Climate crisis","link":"https:\/\/climatescience.press\/?tag=climate-crisis"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/08\/0Carbon-Emissions-Per-Capita-Per-Country-8-Billion-Trees-Graphic.jpg?fit=1200%2C630&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/08\/0Carbon-Emissions-Per-Capita-Per-Country-8-Billion-Trees-Graphic.jpg?fit=1200%2C630&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/08\/0Carbon-Emissions-Per-Capita-Per-Country-8-Billion-Trees-Graphic.jpg?fit=1200%2C630&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/08\/0Carbon-Emissions-Per-Capita-Per-Country-8-Billion-Trees-Graphic.jpg?fit=1200%2C630&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/08\/0Carbon-Emissions-Per-Capita-Per-Country-8-Billion-Trees-Graphic.jpg?fit=1200%2C630&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":435689,"url":"https:\/\/climatescience.press\/?p=435689","url_meta":{"origin":272668,"position":1},"title":"Miliband Faces Accusations of Gaming Clean Power Targets with Imported Fossil Fuels","author":"uwe.roland.gross","date":"03\/30\/2026","format":false,"excerpt":"Ed Miliband, the UK's Energy Secretary, is facing accusations of \"cheating\" on the government's clean power targets by treating electricity imports from foreign gas- (and even coal-) fired power stations as zero-carbon for UK accounting purposes.","rel":"","context":"In \"Ed Miliband\u2019s Department of Energy Security and Net Zero (DESNZ)\"","block_context":{"text":"Ed Miliband\u2019s Department of Energy Security and Net Zero (DESNZ)","link":"https:\/\/climatescience.press\/?tag=ed-milibands-department-of-energy-security-and-net-zero-desnz"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2026\/03\/0-Miliband-Faces-Accusations-of-Gaming-Clean-Power-Targets-with-Imported-Fossil-Fuels1.jpg?fit=784%2C1168&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2026\/03\/0-Miliband-Faces-Accusations-of-Gaming-Clean-Power-Targets-with-Imported-Fossil-Fuels1.jpg?fit=784%2C1168&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2026\/03\/0-Miliband-Faces-Accusations-of-Gaming-Clean-Power-Targets-with-Imported-Fossil-Fuels1.jpg?fit=784%2C1168&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2026\/03\/0-Miliband-Faces-Accusations-of-Gaming-Clean-Power-Targets-with-Imported-Fossil-Fuels1.jpg?fit=784%2C1168&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":406581,"url":"https:\/\/climatescience.press\/?p=406581","url_meta":{"origin":272668,"position":2},"title":"Douglas Pollock: \u201cRenewables: A Woke Expensive Nothingness\u201d | Tom Nelson Pod #338","author":"uwe.roland.gross","date":"10\/04\/2025","format":false,"excerpt":"Douglas Pollock is an Industrial Civil Engineer from the University of Chile. 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achieve","author":"uwe.roland.gross","date":"02\/20\/2023","format":false,"excerpt":"The renewable energy fantasy goal is achieving net zero carbon emissions by 2050.","rel":"","context":"Similar post","block_context":{"text":"Similar post","link":""},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/02\/image-507.png?fit=1200%2C900&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/02\/image-507.png?fit=1200%2C900&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/02\/image-507.png?fit=1200%2C900&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/02\/image-507.png?fit=1200%2C900&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/02\/image-507.png?fit=1200%2C900&ssl=1&resize=1050%2C600 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