SUBMENU
| How do GECOs work? - A GECO offsets one ton of greenhouse emissions - A GECO is equal to one ton of greenhouse abatement - GECOs are underwritten by Renewable Energy Certificates (RECs) - RECs are a legal greenhouse currency under the Renewable Energy (Electricity) Act 2000 - One REC represents 1 Megawatt hour (MWh) of renewable energy produced in Victoria - 1 MWh of renewable energy in Victoria is equal to 1.444 tons CO2e greenhouse abatement - 1 ton of greenhouse abatement is underwritten by 0.69 RECs - The RECs that underwrite your GECOs are held in the REC pool -Accompanying the GECO is an agreement stating that SEA O2 will not on-sell the RECS that underwrite your GECOs or allow them back into circulation |
Thinking
Globally Acting Locally |