While the US federal government has not signed on to the Kyoto Protocol, there is growing momentum and popular support for green initiatives in the US, of which state and municipal governments – being closer to their taxpayer base – are all too aware. Lacking federal mandates, governments and government agencies are generally in favor of greening their energy portfolios, but face a group of key questions: - If we green our portfolio, by what percentage: 5%, 10%, more?
- In what timeframe: over the next year, five years, longer?
- What commodities: green power, renewable energy certificates, carbon credits?
Given that more and more states – 26 at last count – have mandated Renewable Portfolio Standards for energy producers, and the emerging regional initiatives for trading greenhouse gas credits, the pressure on state and municipal governments to lead by example will only increase. Fortunately, with market insight and efficient trading mechanisms, going green can prove beneficial to government agencies and taxpayers alike. Through our World Green Exchange, World Energy provides the market knowledge and advanced technological tools to help government customers make the best decisions and enter the green market at the best price. It amounts to a win for market entrants on the buy and sell side, a win for the green power industry, and a win for the environment. |
