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Podcast: Renewable Energy SmartPod
Episode: Talking RECs with IncubEx
Description: Renewable energy certificates (RECs) are a key financial tool in the renewable energy industry. Steve McComb, senior vice president at IncubEx, joins the podcast to do a deep dive on what RECs are and how they function in the marketplace across different states and regions (2:34). Steve outlines the evolution of states' renewable portfolio standards (12:06), what Texas gets right about RECs (16:32) and how RECs are traded in futures markets (18:03). We also discuss the impact proposals coming out of the Biden administration are having on the market and the role RECs are poised to play in efforts to reduce greenhouse gas...