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DOI | 10.1038/s41558-022-01379-5 |
Renewable energy certificates threaten the integrity of corporate science-based targets | |
Bjørn A.; Lloyd S.M.; Brander M.; Matthews H.D. | |
发表日期 | 2022 |
ISSN | 1758-678X |
起始页码 | 539 |
结束页码 | 546 |
卷号 | 12期号:6 |
英文摘要 | Current greenhouse gas accounting standards allow companies to use renewable energy certificates (RECs) to report reductions in emissions from purchased electricity (scope 2) as progress towards meeting their science-based targets. However, previous analyses suggest that corporate REC purchases are unlikely to lead to additional renewable energy production. Here we show that the widespread use of RECs by companies with science-based targets has led to an inflated estimate of the effectiveness of mitigation efforts. When removing the emission reductions claimed through RECs, companies’ combined 2015–2019 scope 2 emission trajectories are no longer aligned with the 1.5 °C goal, and only barely with the well below 2 °C goal of the Paris Agreement. If this trend continues, 42% of committed scope 2 emission reductions will not result in real-world mitigation. Our findings suggest a need to revise accounting guidelines to require companies to report only real emission reductions as progress towards meeting their science-based targets. © 2022, The Author(s), under exclusive licence to Springer Nature Limited. |
语种 | 英语 |
scopus关键词 | alternative energy; electricity supply; emission control; greenhouse gas; mitigation; France; Ile de France; Paris; Ville de Paris |
来源期刊 | Nature Climate Change
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文献类型 | 期刊论文 |
条目标识符 | http://gcip.llas.ac.cn/handle/2XKMVOVA/262140 |
作者单位 | Department of Management, John Molson School of Business, Concordia University, Montréal, QC, Canada |
推荐引用方式 GB/T 7714 | Bjørn A.; Lloyd S.M.; Brander M.; Matthews H.D.. Renewable energy certificates threaten the integrity of corporate science-based targets[J],2022,12(6). |
APA | Bjørn A.; Lloyd S.M.; Brander M.; Matthews H.D..(2022).Renewable energy certificates threaten the integrity of corporate science-based targets.Nature Climate Change,12(6). |
MLA | Bjørn A.; Lloyd S.M.; Brander M.; Matthews H.D.."Renewable energy certificates threaten the integrity of corporate science-based targets".Nature Climate Change 12.6(2022). |
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