As an OPR, ACR works with the Air Resources Board (ARB) to oversee the registration and issuance of California - eligible Registry Offset Credits and
Early Action Offset Credits developed using ARB's compliance or
early action offset protocols.
ACR - issued Registry Offset Credits (ROCs) and
Early Action Offset Credits (EAOCs) are eligible to be transitioned into ARB compliance offset credits that may be used to meet emissions reduction obligatins under the Cap - and - Trade Program.
As an OPR and EAOP, ACR works with ARB to oversee the listing and verification of carbon offset projects developed using ARB's compliance and
early action offset protocols as well as the issuance of Offset Credits developed using ARB's compliance protocols and approved early action quantification methodologies.
The verification body that conducts the ARB regulatory verification must be different than the one that performed the original verification under
the Early Action Offset Program.
For detailed early action project information please see ARB's
Early Action Offset Credits webpage.
As an ARB approved
Early Action Offset Program (EAOP), American Carbon Registry can list early action projects and issue
early action offset credits under any ARB approved voluntary quantification methodology.
Early action offset credits issued by an approved EAOP under ARB approved voluntary quantification methodologies and that meet regulatory requirements, including regulatory verification, may be converted to ARB offset credits.
Early action projects are eligible to generate
Early Action Offset Credits for greenhouse gas reductions or removal enhancements achieved through 2014, which must be verified by September 30, 2015.
In this role, ACR works with the Air Resources Board (ARB) to oversee the registration and issuance of California - eligible Registry Offset Credits developed using ARB's compliance or
early action offset protocols.
As an OPR, ACR works with the Air Resources Board (ARB) to oversee the registration and issuance of California - eligible Registry Offset Credits developed using ARB's compliance or
early action offset protocols.
As an OPR, ACR will work with ARB to oversee the registration and issuance of California - eligible Registry Offset Credits developed using ARB's compliance or
early action offset protocols.
ACR is an approved Offset Project Registry (OPR) and
Early Action Offset Program for the California Cap - and - Trade program.
to oversee the registration and verification of projects developed using ARB's compliance or
early action offset protocols.
As an OPR, ACR will work with ARB to oversee the registration and verification of projects developed using ARB's compliance or
early action offset protocols.
To ensure voluntary reductions receive appropriate credit and to help create an initial supply of offset credits for California's Cap - and - Trade Program, the Compliance Offset Program allows for
Early Action Offset Credits (EAOCs).
For projects registered under California compliance protocols or early action quantification methodologies and verified by an accredited verification body, ACR issues Registry Offset Credits (ROCs) and
Early Action Offset Credits (EAOCs).
In addition, these early action projects must complete verification by September 30, 2015 in order to be eligible to list with ARB and must be listed with ARB no later than January 1, 2016 in order to convert
early action offsets to ARB Offset Credits.
Not exact matches
Comparisons between each of the
early action protocols and their compliance counterparts may be viewed on the Compliance
Offset Program Resources page.
At the same time, Ecosystem Marketplace analysis of existing
action plans — to be published in
early November, in this year's State of Forest Carbon Markets Report — shows at least 29 developing countries explicitly plan to implement a national REDD framework or sell REDD
offsets, while more than 50 of them have proposed more aggressive targets contingent on international financing flows.
-- Participation in an exchange of credits for allowances or compensation for
early action authorized by this section shall not preclude any person from participation in an
offset credit program established under the American Clean Energy and Security Act of 2009.
To date, ACR has listed five California compliance
offset projects and four
early action projects and has half a dozen California
offset projects in the listing process.
The primary benefit of using the ARB compliance
offset protocols is by - passing the additional verification process required for projects developed using
early action protocols.
Early action projects are eligible to transition to an ARB Compliance
Offset Protocol in order to generate ARB
Offset Credits.
A study by Rainforest
Action Network and International Rivers Network calculated that because Waxman - Markey would allow firms to meet their emissions reduction target by purchasing dubious «carbon
offsets,» the bill would result in no emissions reductions before 2026 at the
earliest.
Additional voluntary quantification methodologies eligible for
early action may be added to the list by ARB upon adoption of new compliance
offset protocols.
Once the
Offset Project Operator submits listing information to ARB, the offset project will be listed on ARB's Early Action Projects web page, with general information about the pr
Offset Project Operator submits listing information to ARB, the
offset project will be listed on ARB's Early Action Projects web page, with general information about the pr
offset project will be listed on ARB's
Early Action Projects web page, with general information about the project.
Today, ARB issued over 600,000 ARBOCs to four ozone depleting substance (ODS) destruction projects, including one developed using ARB's compliance
offset protocol and three developed under the approved
early action protocol.
«ARB has now set the stage for a steady flow of additional
early action and compliance
offset projects to be approved for ARBOC issuance this year.»
to four ozone depleting substance (ODS) destruction projects, including one developed using ARB's compliance
offset protocol and three developed under the approved
early action protocol.
The regulation also cites ACR's voluntary
offset methodology for Emissions Reductions in Rice Management Systems as an approved
Early Action Quantification Methodology, providing an important on - ramp for rice producers in California and the Mid-South to get credit for their pioneering initiatives to reduce methane emissions through practice changes in water management, such as reduced flooding and altered drainage timing.