- Dec 19, 2019 7:24 pm GMT
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For corporations, blind investment in new renewable energy projects isn't always as helpful to the climate cause as it may seem. Major variations in grid mix across the country make location a crucial factor to consider. Think of it this way: in regions of California, for example, where solar is already prevalent, adding more will probably do little to displace carbon emissions. But investing in renewables in a state like Wyoming, where the grid is still largely coal-powered, could put a major dent in the state's CO2 emissions. WattTime calls this concept "emissionality," and they're hoping more companies will take it into consideration before their next clean energy purchase.
Emissions reductions aside, here's the added bonus that should get every American excited: renewable energy investments that keep "emissionality" in mind can also help bring clean energy jobs to states that have yet to benefit from the economic prosperity offered by this industry.