``... probably the single-most concrete and substantive thing an American, young American, could do to lower our carbon footprint is not turning off the lights or driving a Prius, it's having fewer kids... we'll soon see a market in baby -
avoidance carbon credits similar to efforts to sell CO2 credits for avoiding deforestation...» — Andy Revkin, journalist, CNS News, Oct. 19, 2009
Within the electric sector, fee
avoidance options include energy efficiency, installing solar energy or some form of
carbon - free distributed generation on your home or business, subscribing a community solar project, or signing up for a competitive supplier option that procures high levels of renewable energy
credits (RECs) or procures clean energy directly through a long - term contract.
«(E) requires that all
credits issued are registered in a publicly accessible registry, with individual serial numbers assigned for each ton of
carbon dioxide equivalent emission reductions,
avoidance, or sequestration; and
For the
avoidance of doubt, Gross Revenues shall (A) exclude monies received from any source other than the sale of electric energy and capacity, including, without limitation, any of the following: (i) any federal, state, county or local tax benefits, grants or
credits or allowances related to, derived from, or granted to the Wind Energy Project or Grantee, including, but not limited to, investment or production tax
credits, or property or sales tax exemptions, (ii) proceeds from financing activities, sales, assignments, partial assignments, contracts (other than the power purchase agreement) or other dispositions of or related to the Wind Energy Project (such as damages for breach of contract or liquidated damages for delays in project completion or failures in equipment performance), (iii) amounts received as reimbursements or compensation for wheeling costs or other electricity transmission or delivery costs, and (iv) any proceeds received by Grantee as a result of damage or casualty to the Wind Energy Project, or any portion thereof and (B) include any revenues derived from Grantee's sale of
carbon dioxide trading
credits, renewable energy
credits or certificates, emissions reduction
credits, emissions allowances, green tags, tradable renewable
credits, or Green - e ® products, any of which are allocated to Grantee, if applicable, through its participation in any voluntary registry, association or market - based exchange.