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A renewable energy certificate represents

  • A.a subsidy that is paid out on each unit of renewable generation
  • B.the environmental attribute of a unit of renewable generation, traded separately
  • C.the energy saved by an efficiency measure
  • D.a permit to emit a tonne of carbon dioxide

Answer: B

Selling the electricity at the ordinary rate and the attribute as a certificate lets a generator in a windy state serve an obligation in a state with no wind. Energy saving certificates and carbon credits belong to separate schemes with separate units.

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