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The Renewable Energy Shell Game
Jan 1, 2024
Najib Aminy, producer for Reveal, discusses the controversial practice of buying renewable energy certificates (RECs) instead of investing in true sustainability. The podcast explores a trash incinerator turned renewable energy source, the commodification of burnt trash through RECs, the federal government's role in the REC market, the illusion of RECs, and alternative actions for clean energy.
24:29
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Quick takeaways
- Using renewable energy certificates (RECs) can hinder true sustainability by allowing companies to claim renewable energy goals without implementing actual renewable energy solutions like solar panels.
- The federal government's purchase of renewable energy certificates (RECs) raises concerns about their commitment to addressing climate change, as investigations show their actual use of renewable energy is much lower than claimed.
Deep dives
Trash incinerator in Florida turns waste into renewable energy
In Palm Beach County, Florida, there is a massive trash incinerator that creates renewable energy by burning garbage and generating steam, which then spins a turbine to produce electricity for up to 45,000 homes. The incinerator also sells renewable energy certificates (REX), allowing buyers to claim they support the environment. This unconventional method of generating renewable energy raises questions about whether burning trash should be considered truly green energy.
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