Page 7 - Genesis Program News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Is created. Thats all it was used for it. It was recreated at the beginning of the renewable programs so state rpss could make sure renewable resource he were counted once and no more than once. And then when folks that wanted to do voluntary compliance such aztar get warning to claim they were 50 renewable, that we actually had a means of verifying those claims. Thats all it is on its straightforward simple standpoint. What gets confusing is a rec can come bundled where whoever is purchasing it is purchasing the underlying electricity or unbundled where youre buying the rec and the person who...

San francisco called what the heck is a rec. Something like that. Have you i have not. You havent seen it. Which contended that unbundled recs had less of a market didnt generate im probably going to sort of do it wrong. Its complicated. They were basically arguing that unbundled recs didnt were less likely to come from new power plants, i think, or thats actually a good point. Right now that is true and that is something i failed to mention. If your goal is to immediately incentivize the creation of new power plants, there is some skepticism out there and sometime short term there is some evi...

The spot about a report you hadnt read. There was a report around in San Francisco called what the heck is a rec. Something like that. Have you i have not. You havent seen it. Which contended that unbundled recs had less of a market didnt generate im probably going to sort of do it wrong. Its complicated. They were basically arguing that unbundled recs didnt were less likely to come from new power plants, i think, or thats actually a good point. Right now that is true and that is something i failed to mention. If your goal is to immediately incentivize the creation of new power plants, there i...

Which one of those four does that satisfy . [multiple voices] they can go high and go down is to satisfy the goal of hopefully keeping the Compliance Costs of rps relatively low. To allow in the early year as new generation is being built, to have the utilities have more options in their procurement on where theyre buying from. But over time, as resources come online theres less and less need for an unbundled rec in that bucket 3. And, so, just so that i understand, there is a Greenhouse Gas difference between bucket 1, bucket 2 and bucket 3 . Between the buckets there is not necessarily a Gre...

Generation in that area, youre going to get a Greenhouse Gas reduction. And because it still has to come from an eligible renewable resource as we define it, even unbundled rec will offset the need for fossil fuel generation from places. Again, it is important how a contract is constructed. There are ways to there have been some in the past some utility contracts for recs that were then constructed in a way that it left you scratching your head on whether or not it reduced carbon. But if theyre constructed unbundled recs. Actually in that case it was constructed in a way to call it a bundled r...