Renewable Energy Certificates – The Energy Currency

Renewable Energy Certificates

Australia’s greenhouse gas per capita emission values are currently the highest in the world with a major portion of the emissions, about 35%, contributed by the electricity generation sector. In order to bring down the greenhouse gas emission levels, the Australian government has begun focusing on renewable sources of energy. The outcome of this focus is the government sponsored Mandatory Renewable Energy Target (MRET) scheme that was implemented in 2001 with a view to increase energy contribution from this area. Read More …