Can I claim both a Renewable Energy Credit and carbon credits?
While both are generated, current legislation allows the wind industry to claim only one credit, either for renewable energy or carbon. In our present economic environment, the renewable energy credit is more valuable. However, if the federal government adopts carbon cap and trading, it is likely that the carbon credit would be more valuable.
Cole Gustafson, North Dakota State University
Irene Shonle, Colorado State University