Carbon Credits For Solar Heating

Advances in solar heating kindle carbon markets opportunities to create carbon credits that curbs global warming and can accelerate adoption of alternative energy and a green economy.

As a result, expect reductions in global warming and slowing of climate change that advances sustainable developments triple bottom line.

Water heating represents about 14% to 25% of home and business heating costs, in some cases even higher. Solar water heating can displace 50% to 80% of a conventional hot water heating system use of fossil fuels.

Solar water heating is one of the simplest and oldest renewable energy technologies. Emissions of greenhouse gases and other pollutants decrease when solar energy heats your water. The positive results in mitigation of climate change and improve other environmental attributes. The most limiting factor in the adoption of solar heating is the initial purchase cost.

Carbon Markets

Financial measures such as third-party financing and fee-for-service operations, carbon market trading requires stringent project review and verification that increase transaction costs.

Imagine, if the value of a credit is five dollars per ton CO2 and a 10 year credit period the result could generate income to reduce the initial solar water heater project costs.

A solar heating in a home can offset about 1,500 pounds of carbon dioxide (CO2) per year.

The marketing of carbon trading may be possible to use carbon credits to finance to make systems more financially accessible if many small project are bundled together.

Sustainable Development Tripple Bottom Line

Given higher carbon prices and longer credit periods’ the potential contribution could add significant value to triple bottom line sustainability… By bundling small-scale solar water heater project can reduce transaction costs.

Solar heating contributes to sustainability triple bottom line in a number of ways:

• Solar water heaters are manufactured without expensive technology.

• New job opportunities in a community based solar industry.

• Reduced energy costs.

• High up-front system costs mitigated from energy efficient mortgage, energy improvement mortgage, ENERGY STAR home mortgages and carbon credits.

• Superior solar hot water system performance and reliability through Solar Rating and Certification Corporation (SRCC).