Peter Hsiao will participate in the panel discussion "REC Markets: The Good, the Bad and the Ugly" at the Solar Power International Conference. The panel will focus on the role of renewable energy certificates in energy and carbon offset markets. The audience will come away from this presentation with an appreciation for the revolutionary nature of RECs as market instruments, the status of the market for RECs and recent growth in volume of transactions. While many believe RECs will be essential for many utilities to achieve renewable portfolio standards, some regulatory barriers remain and there exists some controversy as to their use for establishing carbon reductions. A full spectrum of opinions will help dissect these issues.