Sentences with phrase «voluntary emissions credits»

Not exact matches

«(1) any person in the United States to exchange instruments in the nature of offset credits issued before January 1, 2009, by a State or voluntary offset program with respect to which the Administrator has made an affirmative determination under section 740 (a)(2), for emissions allowances established by the Administrator under section 721 (a); and
Credits are being sold on voluntary carbon - trading markets (for companies and individuals seeking to offset emissions contributing to global warming).
ACR has issued 40 million tons of emissions reduction credits and continues to lead voluntary carbon market innovation.
It includes, in addition to internal reductions, a commitment to financing external emission reductions either through buying voluntary market carbon credits or by funding activities directly.
Requires the EPA Administrator to issue regulations allowing: (1) any person to exchange instruments in the nature of offset credits issued before January 1, 2009, by an approved state or a voluntary offset program for emission allowances; and (2) the EPA Administrator to provide compensation in the form of emission allowances for other documented early reductions or avoidance of GHG emissions or GHGs sequestered before January 1, 2009, that meet specific conditions.
Virtually all of the activity documented in the report took place in the voluntary markets, while most media coverage of carbon trading has focused on the European Union's top - down Emissions Trading Scheme (EU ETS) that was initiated to handle credits and offsets generated under the United Nations Framework Convention on Climate Change (UNFCCC).
«(1) any person in the United States to exchange instruments in the nature of offset credits issued before January 1, 2009, by a State or voluntary offset program with respect to which the Administrator has made an affirmative determination under section 740 (a)(2), for emissions allowances established by the Administrator under section 721 (a); and
Participating farmers in this first rice project will implement voluntary management practices on their fields to reduce methane emissions, earning carbon credits to be sold in the voluntary and potentially the California carbon markets.
Such credits are likely to have some continued value, because they can be used in other environmental programs that allow their use, like voluntary ones through which companies offset the emissions generated by having a conference or travelers opt to pay a fee to offset the emissions from an airplane flight.
For the avoidance of doubt, Gross Revenues shall (A) exclude monies received from any source other than the sale of electric energy and capacity, including, without limitation, any of the following: (i) any federal, state, county or local tax benefits, grants or credits or allowances related to, derived from, or granted to the Wind Energy Project or Grantee, including, but not limited to, investment or production tax credits, or property or sales tax exemptions, (ii) proceeds from financing activities, sales, assignments, partial assignments, contracts (other than the power purchase agreement) or other dispositions of or related to the Wind Energy Project (such as damages for breach of contract or liquidated damages for delays in project completion or failures in equipment performance), (iii) amounts received as reimbursements or compensation for wheeling costs or other electricity transmission or delivery costs, and (iv) any proceeds received by Grantee as a result of damage or casualty to the Wind Energy Project, or any portion thereof and (B) include any revenues derived from Grantee's sale of carbon dioxide trading credits, renewable energy credits or certificates, emissions reduction credits, emissions allowances, green tags, tradable renewable credits, or Green - e ® products, any of which are allocated to Grantee, if applicable, through its participation in any voluntary registry, association or market - based exchange.
A promising development is that last year the Federation of Electric Power Companies, the industry association representing the 10 largest electricity generators in Japan and 19 suppliers, agreed to limit their emissions by 35 percent by 2030, which is a voluntary but significant reduction and may increase demand for JCM project credits.
Milloy writes, «although the trading in carbon emissions credits was voluntary, the CCX was intended to be the hub of the mandatory carbon trading established by a cap - and - trade law.
The weakness of the scheme and the fact that emissions reductions achieved through voluntary action or the newly announced home insulation scheme don't attract credits have led to a revival of the debate over the merits of a carbon tax, as an alternative to emissions trading.
If the aviation industry were to buy credits of unknown quality from these voluntary markets as well, on paper it would seem as if airlines were offsetting their emissions, but, in practice, the atmosphere would not be fooled.
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 drainagEmissions 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 drainagemissions through practice changes in water management, such as reduced flooding and altered drainage timing.
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