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Renewable Energy, Mary Finley-Brook
Renewable Energy, Mary Finley-Brook
Geography and the Environment Faculty Publications
Renewable energy installations are expanding around the globe. Although there is excellent potential for achieving sustainability with multiple types of renewable energy, no energy source is a panacea. There are place-specific costs and benefits from every energy type, and the scale of production influences impacts. Industrial-scale renewable energy sources usually merge into existing energy grids and may often be connected to broader economic and political initiatives. Such as regional integration, development of new growth poles to stimulate economic expansion in areas without infrastructure, job creation, or trade expansion. With the exception of desert solar projects or initiatives in remote areas, …
Carbon Credits, Mary Finley-Brook, Curtis Thomas
Carbon Credits, Mary Finley-Brook, Curtis Thomas
Geography and the Environment Faculty Publications
A carbon credit is an allowance or offset equal to one metric ton of carbon dioxide (C02) or other greenhouse gas (GHG) equivalent calculated in tons of C02. Carbon markets allow individuals, companies, or states to finance emissions reductions in other locations, for example, through projects that create or promote renewable energy, energy efficiency, or reforestation, as a means to lower their own carbon footprint. Trade of carbon credits within compliance and voluntary markets is a multibillion-dollar enterprise that makes up a cornerstone of international efforts to combat climate change. Buying and selling emissions allowances often means that mitigation can …