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I-RECs demand surges amid tightening of carbon credit rules

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The I-REC Standard, according to S&P Global Platts, is fast spreading over the world, with a presence in more than 30 countries, indicating increased demand for sustainable products in emerging markets.

I-REC standards are used by several renewable energy generating countries, including Brazil, China, Turkey, Russia, and India, to check and certify certain characteristics of renewable energy produced by local power plants.

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