"Green" Products
What are “Environmentally Friendly”, or “Green Products”?
In today’s more environment conscious world, organizations are finding easy options to “green” their facilities through procurement of environmental products. These offerings include green power, renewable energy certificates, and emissions allowances and credits.
Here Are Three Easy Ways Your Company Can Be “Environmentally Friendly”
One > Renewable Energy Certificates (RECs) represent the environmental social or other positive attributes of power generated by renewable resources like sun, wind, geothermal, water, or other natural resources. These certificates represent a quantification of the reduced emissions of renewable generation compared to those of conventional generation. RECs are purchased separately from, but in addition to your conventional commodity energy supply. 1 Mega Watt hour of power generated from renewable energy resources = 1 REC.
Two > Green Power is conventional commodity energy bundled with RECs. Green Power can be purchased from power suppliers a single premium product.
Three > Emissions Allowances and Credits can be purchased to offset your facility’s “carbon footprint” or reach other environmental goals such as acid rain or smog mitigation. Emissions allowances represent rights to emit carbon dioxide (CO2), sulfur dioxide (SO2), nitrogen oxide (NOx) or other pollutants. Credits represent reductions in these emissions relative to an established baseline. Examples are carbon credits, SO2 allowances and NOx allowances.
The Benefits of Environmental Stewardship
Buying green products can help an organization meet environmental, financial, stakeholder relations, national security, and economic development objectives by:
- Demonstrating civic leadership, improving employee environmental awareness and moral, generating positive company image and publicity, and differentiating your products, services, and brands.
- Providing a hedge against risks posed by electricity price instability, fuel supply disruptions and environmental regulations.
Onyx’s Role and Value
Engaging Onyx Power & Gas ensures your organization’s goals and objectives are matched to the correct green product offering. We can facilitate the purchase of the correct certified product and arrange for third-party verification of purchases which meet specific market standards.
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