As the Climate Warms, Use of Clean Energy Credits Comes Under Increased Scrutiny

Honda and LG Energy Solution held a groundbreaking ceremony on February 28, 2023 for their joint venture EV battery plant in Ohio's Fayette County. Credit: Honda

The two corporations investing billions to build three new factories just outside Columbus, Ohio, have said that the facilities will be carbon neutral — despite Ohio’s near-total reliance on electricity from fossil fuels.  Both Honda and Intel have stated that renewable energy credits, or RECs — certificates purchased on a marketplace that fund clean power […]