Carbon and Energy Trading and Finance Committee Report
ABA Section of Environment, Energy, and Resources
159 CARBON AND ENERGY TRADING FINANCE 2008 Annual Report1 I. REGIONAL MARKETS FOR RENEWABLE ENERGY CERTIFICATES (RECS) AND GREENHOUSE GAS (GHG) EMISSIONS ALLOWANCES A. RECs REC markets continued to evolve on a regional basis in 2008 and continue to align with regional tracking systems and regional electricity coordination and market areas. The Western Renewable Energy Generation Information System (WREGIS) creates and tracks RECs for the region covered by the Western Electricity Coordinating...