Daily Archives: April 10, 2022

Was the Paris Climate Agreement Ratified

Although both the Kyoto Protocol and the Paris Agreement aim to combat climate change, there are important differences between them. On June 1, 2017, President Trump announced his intention to withdraw the United States from the agreement. In response, other Governments strongly reaffirmed their commitment to the agreement. U.S. cities, states, and other nonstate actors have also reaffirmed their…

Virtual Power Purchase Agreement Accounting

A physical PPA allows an external utility or distributor to integrate electricity quantities into a company`s existing energy contract. Being commissioned with this method means that a company has to deal with the variability of electricity generation from renewable power plants and how it matches their electricity consumption. This risk is usually transferred to an electricity marketer whose negotiating…