The Potential for Energy Savings Certificates (ESC) as a Major Tool in Greenhouse Gas Reduction Programs

James Hansen, Director of the Goddard Institute on Space Studies and one of the foremost experts on climate change, has said that man has just 10 years to reduce greenhouse gas (GHG) emissions before global warming reaches what he calls a tipping point and becomes unstoppable.3 Energy efficiency is a critical means to meeting a variety of policy goals – from increasing energy security to improving the standard of living of the poor to decreasing the human impact on the environment.