
Carbon credits and RECs are two sustainability tools that can help individuals and organizations lower their carbon footprints. But although they are often used in the same conversation, they are not interchangeable terms. . If used correctly, carbon credits and RECs can provide environmental, economic, and social benefits that go beyond reducing carbon emissions. They. . In short, carbon credits are not the same thing as RECs. Carbon credits are tradable certificates or permits that give companies, industries, or countries the right to emit 1 tonne (1,000kg) of CO2. RECs are certified proof that energy was created from renewable.

On June 10, 2019 the Government of Alberta advisedthe AESO that they will not be continuing with the Renewable Electricity Program (REP) and thus do not intend to proceed with additional competition rounds. The government provided direction moving forward that the AESO should continue to oversee the projects. . In January 2016 the Government of Alberta directedthe AESO to develop and implement a program to bring on new renewable generation capacity. Through the Renewable Electricity. . Each competition for the REP may include up to three stages and is anticipated to run for approximately 7-11 months. The stages include a Request for Expressions of Interest (REOI), a Request for Qualifications (RFQ) and a Request for Proposals (RFP). All.