Tag: Energy Transition
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Coconuts Falling from the Sky: Believing in Hydropower RECs with Zero Emissions
Renewable Energy Certificate (REC) trading is due to commence on the Bursa Carbon Exchange (BCX) on 25 June this year. While Bursa Malaysia claims that the hydrocarbon RECs being traded have zero carbon emissions โon paperโ, the reality is somewhat different. Businesses in Malaysia can use RECs to offset their โScope 2โ emissions: indirect greenhouse…