Renewable Energy Certificates Verify Emissions Offsets

Sterling Planet and the Environmental Resources Trust of Washington will open a national program in the United States to market Renewable Energy Certificates.

ATLANTA, Georgia, US, 2001-08-23 [SolarAccess.com] Sterling Planet and the Environmental Resources Trust of Washington will open a national program in the United States to market Renewable Energy Certificates with guaranteed pollution benefits assigned. Under the agreement, ERT and Sterling Planet will offer ‘EcoPower Plus’ certificates which will combine energy generated by clean power sources with verified emissions offsets that have been retired. The certificates verify that a block of energy which meets or exceeds EcoPower qualifications has been generated and placed on the national grid. Environmental attributes are measured and issued through a verification process being developed by ERT with the international accounting firm, KPMG. “Organizations have a desire to quantify the environmental benefits of buying green power, ” says Mel Jones, vice president and COO of Sterling Planet. “By partnering with ERT, we are working with an organization with vast expertise and experience in the environmental community and a program to accelerate the environmental benefits of green power.” “By adding retired emissions offsets, we guarantee that the purchase of EcoPower Plus Certificates result in an additional reduced pollution benefit,” adds Alden Hathaway of ERT. “Not only do organizations purchasing EcoPower Plus Certificates achieve a guaranteed pollution benefit, they also ensure the construction of additional renewable generating resources and a continuing environmental benefit.” The net proceeds of ERT’s clean power program are deposited into a reinvestment fund that will be used to develop additional renewable power resources throughout the U.S., including wind plants, landfill gas, and solar roofs. For EcoPower Plus Certificates, ERT will retire verified carbon dioxide and sulfur dioxide offsets, ensuring the climate benefits associated with purchasing clean power. Offsets that have been retired can no longer be purchased by other organizations to offset pollution. Sterling Planet works with electric utilities to offer green energy power programs and supply capability.

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