this post was submitted on 02 Jan 2025
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Its not to say that new renewables arent good. It's just dishonest. Take a look at this paragraph:
So it's not "using 100% clean power" It's literally just earmarking (and funding)
Sometimes it's hard to explain negative numbers in real world contexts, but credits are real impact to total coal/gas demand.
If the credits are used to fund someone else buying renewable energy in lieu of fossil fuels, then the impact is that fewer fossil fuels are consumed.
So if I pay someone $10 to buy solar energy instead of coal they were otherwise going to buy, while I buy that same amount of coal, then the net effect is zero additional demand for coal. You can say that it's just an accounting exercise, but the real world effect is actually real.
But how would you expect that a city can achieve "using 100% clean power" without earmarking? Should they run their own, independent power grid?
Should they? No. Need they? Yes.
The important difference is that the power is allocated to a specific small subset of very public buildings rather than a municipality or even a neighborhood.