Journal Article
Cost-Effective Reduction of Greenhouse Gas Emissions via Cross-Sector Purchases of Renewable Energy Certificates
2017-03-28
2017-01-0246
Over half of the greenhouse gas (GHG) emissions in the United States come from the transportation and electricity generation sectors. ...Our results show that such a REC purchasing regime significantly reduces the cost to society of reducing GHG emissions. Additionally, our results indicate that a REC purchasing policy can create electricity beyond actual demand.