“Green growth” — the concept of decoupling economic expansion from negative environmental impacts — is by no means a new idea, but it is more frequently discussed in textbooks than in national legislation. In Europe, however, this is no longer the case. The European Green Deal is a commitment from the European Commission for the […]
As I reflect on 2020 and our goals for the new year, I’m humbled by the enormity of the challenges we face. During his inauguration as the 46th President of the United States, Joe Biden’s remarks noted cascading crises, including “A raging virus. Growing inequity. The sting of systemic racism. A climate in crisis.” Throughout […]
As we have previously discussed, the European PPA market for corporate buyers is witnessing a dramatic uptick in activity in 2020, and is poised for continued growth in the coming years. U.S.-headquartered technology firms have been some of the first movers, but a variety of other buyers from different sectors and countries (spanning both the […]
As your organization works to reduce its international energy footprint (Scope 2 emissions) to meet corporate renewable energy goals, you need all the data and resources necessary to move the needle and fast. Our I-RECs and GOs infographic illustrates the similarities and differences of these instruments and provides the quick resource you need to take […]
Since Germany enacted the first Feed-in Tariff (FiT) for renewable energy back in 1991, the growth of renewables in Europe has been largely dominated by the FiT structure and country-specific renewable mandates. In recent years, political support for FiTs has diminished as the levelized cost of energy from renewables has dropped. As a result, competitive […]
Here’s how the B Corp movement guides businesses like ours in the necessary work to do better. 3Degrees was recently recertified as a B Corporation, and we’ve been part of the movement to use business as a force for good for eight years and counting. It’s hard to imagine a more poignant time to receive […]
Learn how market-based incentives programs like the LCFS are helping companies drive down their transportation emissions while generating revenue.
It has been nearly six months since COVID-19 upended nearly everything across the globe – disrupting lives, businesses, and industries in ways that will forever change the world. Many state and federal governments enacted shelter-in-place orders earlier this year that shuttered brick-and-mortar businesses or drastically limited the number of customers allowed through their doors. In […]
2020 has been a year of disruption. The ongoing, systemic oppression of Black Americans, including police violence, highlights how much work needs to be done to bring true equity to our society. This has been an awakening for me. We all must do more, and we all have to do better. And, as 3Degrees’ CEO, […]
Drastic changes to energy markets from COVID-19 have highlighted the market risks for corporate buyers considering virtual power purchase agreements (VPPAs). A combination of decreased electricity demand and all-time low natural gas prices has led to a noteworthy decline in wholesale electricity prices in some markets, which is bad news for VPPA offtakers. Corporate buyers […]
At 3Degrees, we work with a wide variety of organizations, including large corporates and utilities, to help them meet their renewable energy goals. So over the past few highly challenging months, we’ve had many conversations with leaders from both sectors on how to best approach their current and future renewable energy needs in the face […]
Since the World Resources Institute (WRI) unveiled new guidance for Scope 2 emissions accounting within the Greenhouse Gas Protocol Corporate Standard back in 2015, there has been an increased focus on global energy purchasing, with more organizations looking for options across the globe. Guarantees of origin One such option is the Guarantee of Origin (GO), […]
