ACT Commodities and Bluesource Complete First Renewable Thermal Transaction Using State-of-the-Art Tracking Tool
Today, ACT Commodities Inc. (ACT) and Blue Source, LLC (Bluesource) announced the completion of the first Renewable Thermal Certificate (RTC) voluntary corporate claim on the M-RETS® platform, an industry leading tracking tool for renewable certificates. Thanks to this partnership, ACT became the first company to retire RTCs on behalf of a Fortune 50 corporate client to meet voluntary sustainability goals. This first-of-its-kind transaction represents a new option for corporate clients to utilize renewable natural gas to lower their carbon footprints.
RTCs are a new tool that represent the environmental attributes associated with renewable natural gas and other renewable thermal commodities like green hydrogen.