Cap and trade Cap and trade is a regulatory system that sets a government limit on overall emissions of pollutants like the heat-trapping gases scientists have linked to global warming -- the "cap." Each company gets a certain amount of
Although wind energy is not yet being utilized to its full potential, the growth of this industry has led to a marked decrease in energy generation costs over the last couple of decades. While its cost effectiveness is increasing with maturity, it
Renewable energy credits (RECs), also known as credits, green certificates, green tags, or tradable renewable certificates are tradable certificates of proof that one MWh of electricity has been generated by a renewable-fueled source.
Given the present day and age we live in, it is vital that the world considers the various natural resources available to us and how to best make use of them. Furthermore, it is imperative nowadays to look at the many environmentally friendly
Community-Based Energy Development or ‘C-BED’ is a scheme which maximizes the use of local and regional resources primarily for developing renewable energy generation facilities. The underlying goal of most C-BED initiatives is to
There are a number of ways in which local communities derive tremendous economic benefits by owning a wind farm. Firstly, wind power endows the economy with reasonable, unlimited energy without polluting the environment. Wind power does not
The ability to produce electricity is measured in watts. The output of a wind turbine is directly dependent on the turbine's size and the wind's speed via the rotor. Ranging from 250 watts to 5 megawatts (MW), wind turbines are now being
The Production Tax Credit (PTC) was originally authorized by the Energy Policy Act of 1992 to provide a 10-year, inflation-adjusted tax credit based on the energy produced by qualified wind, solar, geothermal, “open and closed-loop”
With all the stress on the environment today, carbon and greenhouse gas (GHG) reduction has become a major issue. With more than 20 million tons of carbon dioxide being produced globally each year; reducing carbon emissions, curtailing waste, and
With the growing need to discover and explore renewable and environmentally-friendly sources of energy, wind farms are an option many are opting for. With the many problems surrounding energy prices and usage of fossil fuels such as coal and oil,
The efficiency of wind turbines depends on various factors such as location, geographical factors, mechanics, rotor shape/ size, etc. Output can be regulated by a constant or variable rotational speed, as well as adjustable and non-adjustable
With so many ecological threats we face today, the concept of wind energy is gradually gaining a strong footing. It is imperative now to give due credence to such renewable sources of energy. Wind is basically the movement of air, which
