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DOI10.1038/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
ISSN1758-678X
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
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
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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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