Energy company offering green services to owners, managers.EnergyWatch In announced that it will be offering green energy services to owners and managers of large real estate holdings. EnergyWatch will assist clients with purchasing renewable energy Renewable energy utilizes natural resources such as sunlight, wind, tides and geothermal heat, which are naturally replenished. Renewable energy technologies range from solar power, wind power, and hydroelectricity to biomass and biofuels for transportation. credits (RECs) to offset a building's carbon footprint A carbon footprint is the total amount of carbon dioxide (CO2) and other greenhouse gases emitted over the full life cycle of a product or service. . RECs can be purchased for far less than the cost of buying traditional renewable power. A REC is a subsidy paid to renewable power projects to enable them to sell clean energy at competitive market prices. Although the owner of the REC is not directly using renewable energy, they are enabling the injection of renewable energy into the national energy grid thereby supporting environmental change by economics. EnergyWatch provides the guidance companies need to pick a REC supplier that is compatible with each firm's environmental objectives. Jay Raphaelson, EnergyWatch's president, stated "Renewable Energy Credits are an affordable method of green energy purchasing. A lot of companies have jumped on the bandwagon to create a fast food option masquerading 1. (networking) masquerading - "NAT" (Linux kernel name). 2. (messaging) masquerading - Hiding the names of internal e-mail client and gateway machines from the outside world by rewriting the "From" address and other headers as the message leaves the as quality REC providers. Many worthwhile REC sources are out there, but I recommend that companies choose with due diligence Research; analysis; your homework. This term has caught on in all industries, because it sounds so "wired." Who would want to do analysis or research when they can do due diligence. See wired. when selecting a REC provider. In other words Adv. 1. in other words - otherwise stated; "in other words, we are broke" put differently , buyers beware." |
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