EPRI: United States National Opinion Survey on Stacking Environmental Credits

This report summarizes and analyzes the responses of a national survey entitled "Evaluation of Credit Stacking" that was developed jointly by EPRI, the World Resources Institute, Stetson University College of Law and the University of Kentucky. The purpose of the survey was to collect opinions about credit stacking from practitioners currently involved in environmental credit markets. Key conclusions from the survey include: credit stacking may result in positive ecological value, but the credit stacking scenario plays a large part in whether this value can be obtained, and there is little consensus on how these ecological benefits are being verified; there is also little consensus on existing or pending regulations or regulatory guidance. This is a reflection of the fact that many different federal, state and local agencies may be involved in making and enforcing regulatory decisions; and there is a clear need for regulatory guidance, clarity and consistency, and no clear means of achieving it.