Emission Allowances for Renewable Energy and Energy Efficiency Projects

Solar Energy ◽  
2004 ◽  
Author(s):  
Steven R. Schiller ◽  
Ellen Franconi ◽  
Satish Kumar ◽  
Edgar Mercado

Allowance trading programs represent an opportunity for the renewable and energy-efficiency industry to capitalize on the environmental benefits associated with their projects. By reducing or preventing emissions, renewable and energy-efficiency projects may qualify for emission allowances that can help sponsors justify their projects. Several federal, state, and international programs are venues for emissions documentation and trading. One program, an energy efficiency/renewable energy set-aside program, is described in this paper. A crucial element of an allowance trading program is the documentation and verification, or evaluation, of actual emission reductions. Thus, this paper also reviews the evaluation process that has been developed for an energy-efficiency and renewable-energy set-aside program and puts the process in context with methods outlined in the International Performance Measurement and Verification Protocol (IPMVP).

2018 ◽  
pp. 125-162
Author(s):  
Barry G. Rabe

Cap-and-trade has also faced numerous political challenges but also includes some more successful cases. Some of the experience of the American sulfur dioxide emissions trading program has been replicated for carbon in the case of the Regional Greenhouse Gas Initiative. This alliance among nine Northeastern states has retained political support for more than a decade and also pioneered a system to auction allowances to generate revenue. These funds are then concentrated on expansion of energy efficiency and renewable energy in the region, thereby further addressing climate change and also building a broader base of political support.


Energies ◽  
2021 ◽  
Vol 14 (10) ◽  
pp. 2765
Author(s):  
Joanna Rakowska ◽  
Irena Ozimek

The deployment of renewable energy at the local level can contribute significantly to mitigating climate change, improving energy security and increasing social, economic and environmental benefits. In many countries local authorities play an important role in the local development, but renewable energy deployment is not an obligatory task for them. Hence there are two research questions: (1) Do local governments think investments in renewable energy (RE) are urgent and affordable within the local budgets? (2) How do they react to the public aid co-financing investments in renewable energy? To provide the answer we performed qualitative analysis and non-parametric tests of data from a survey of 252 local authorities, analysis of 292 strategies of local development and datasets of 1170 renewable energy projects co-financed by EU funds under operational programs 2007–2013 and 2014–2020 in Poland. Findings showed that local authorities’ attitudes were rather careful, caused by financial constraints of local budgets and the scope of obligatory tasks, which made renewable energy investments not the most urgent. Public aid was a factor significantly affecting local authorities’ behavior. It triggered local authorities’ renewable energy initiatives, increasing the number and scope of renewable energy investments as well cooperation with other municipalities and local communities. Despite this general trend, there were also considerable regional differences in local authorities’ renewable energy behavior.


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