Sentences with phrase «carbon credits under»

[45] A methodology contains detailed rules for «implementing and monitoring specific abatement activities and generating carbon credits under the scheme».

Now, the World Bank has planned for the Tata coal burner to be eligible for carbon credits under Kyoto's Clean Development Mechanism.

This deal marked the first time an indigenous community earned carbon credits under internationally recognized standards.

Excluded from receiving carbon credits under the Kyoto Protocol, the «reducing emissions from deforestation and degradation» (REDD) mechanism found new life in 2005 as a result of efforts by the Coalition for Rainforest Nations, a group of tropical countries that seek to be paid for the carbon stored in their forests.

As a result, the 1300 - strong Paiter - Surui last week became the first indigenous tribe in the Amazon and globally to earn carbon credits under internationally recognized standards for capturing carbon in trees — setting the stage for scores of similar projects that can unleash needed funding for indigenous people who preserve endangered tropical rainforest across the Amazon.

Increase of credits from large hydro expected by 2020A new study released in time for the climate negotiations in Durban confirms that over 20 % of all carbon credits under the UN's offsetting scheme, the Clean Development Mechanism (CDM), could come from business - as - usual large hydropower projects.

3Due to business as usual decisions on manufacturing processes, DuPont stands to make hundreds of millions of dollars in «early action» carbon credits under a cap - and - trade energy rationing system.

Navin Fluorine, an Indian maker of industrial gases used in refrigerators, saw its shares rise six per cent today after it was awarded carbon credits under a controversial part of the UN's Clean Development...

That would, on the face of it, preclude planting of forests to soak up CO2, which attracts carbon credits under the existing Kyoto protocol.

Not exact matches

Offsets from increased soil carbon on farmlands are eligible for generation of carbon offset credits under the federal government's National Carbon Offset Standard (NCOS).

Emissions from revegetation, forest management, and cropland and grazing land management — while not currently counted towards Australia's obligations under the Kyoto Protocol target — are eligible for the generation of carbon offset credits under NCOS.

The government could come under pressure to give out extra credits if people found it too hard to reduce their emissions, the report said, and it would also be an expensive option compared to other ways of cutting emissions, like carbon taxation.

People could be issued with personal carbon allowances which they would spend through a «carbon credit card», under plans being considered by the government.

Luyssaert suggests that credit — and money — should be given to protect such old - growth forests under carbon trading schemes and other economic mechanisms to combat climate change.

Under this arrangement, every E.U. government allocates emission credits — each representing a ton of carbon dioxide gas per year — to its industrial plants.

Under a carbon trading system, credits could be handed out to nations allowing them to emit, at the start, one tonne of carbon per head of their population.

-- If a reversal has occurred with respect to an offset project for which offset credits are reserved under this paragraph, the Administrator shall retire offset credits or emission allowances from the offsets reserve to fully account for the tons of carbon dioxide equivalent that are no longer sequestered.

-- The Administrator may promulgate regulations to add to the list of class I and class II, group I, substances that may be destroyed for destruction offset credits, taking into account a candidate substance's carbon dioxide equivalent value, ozone depletion potential, prevalence in banks in the United States, and emission rates, as well as the need for additional cost containment under the class II, group II cap and the integrity of the class II, group II cap.

«(B) international offset credits may be sold at a strategic reserve auction under this subsection only if the Administrator determines that it is highly likely that covered entities will, to cover emissions occurring in the year the auction is held, use offset credits to demonstrate compliance under section 722 for emissions equal to or greater than 80 percent of 2 billion tons of carbon dioxide equivalent;

The countries are aiming to set up a so - called Methane Abatement Facility with pledges of $ 100 million under the auspices of the World Bank to buy and cancel carbon credits, initially from projects that cut emissions at landfill waste sites.

Such justification would then most likely center on whether, under the introductory phrase of GATT Article XX, a US carbon duty, emission credit requirement or other regulation on imports is applied on a variable scale that takes account of local conditions in foreign countries, including their own efforts to fight global warming and the level of economic development in developing countries.

The objective is for the CGYs to be recognized as equivalent to the carbon offsets now traded under the European Trading System (ETS), EU Member States and companies operating under the EU ETS would purchase and trade the CGY credits as they do other GHG allowance credits.

It will basically allocate a certain amount of carbon emissions to corporations, and if they come in under their targets, they will be able to sell these credits to corporations that need more carbon.

While there's not much of a prospect for an expanding global market in hard carbon credits like those created under the ailing Kyoto Protocol, this system provides a voluntary means for people or businesses concerned with both climate change and ending energy poverty to have their money do double duty.

Again, any policy that actually reduces carbon emissions will earn credit based on its actual contribution under our proposal.

Europe saw prices for carbon dioxide credits fluctuate widely after it established a trading scheme to help meet its obligations under the Kyoto Protocol.

Companies could also earn and trade credits for actions like growing trees, which remove carbon dioxide from the air, and could trade permits and credits internationally under the Kyoto Protocol, the agreement to fight global warming that Mr. Bush rejected.

The Surui Forest Carbon Project is designed to prevent at least five million tons of carbon dioxide from being emitted over 30 years while protecting critical rainforest habitat, and its credits have been certified under both the Verified Carbon Standard (VCS) and the Climate, Community, and Biodiversity (CCB) Alliance.

Under the methodology, 3.4 million acres are eligible to generate carbon offset credits throughout the Mid-South and California.

He criticized policies like granting carbon credits to polluters as a «ploy» that would «provide a quick and easy solution under the guise of a certain commitment to the environment,» but would not «allow for the radical change which present circumstances require.»

Since the Local Stakeholder Consultation meeting, ECOTRUST has been included under the Improved Cook Stoves for East Africa (ICSEA) Programme of Activities (PoA) which recently added a new methodology to allow ECOTRUST members to earn more carbon credits for shifting from a dependence on non-renewable biomass fuel to the use of renewable biomass as their primary source of fuel.

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).

Under the CDM, chemical companies can earn almost twice as much from destroying HFC - 23 gas and selling the carbon credits as it can from selling the actual refrigerant gases.

Under the PES agreement, their tree - based land use systems sequestered carbon that was sold as credits on the Markit Registry for managing global carbon credits.

«(B) international offset credits may be sold at a strategic reserve auction under this subsection only if the Administrator determines that it is highly likely that covered entities will, to cover emissions occurring in the year the auction is held, use offset credits to demonstrate compliance under section 722 for emissions equal to or greater than 80 percent of 2 billion tons of carbon dioxide equivalent;

-- If a reversal has occurred with respect to an offset practice within an offset project, for which offset credits are reserved under this paragraph, the Secretary shall retire offset credits from the offsets reserve to fully account for the tons of carbon dioxide equivalent that are no longer sequestered.

-- For practices or projects regulated pursuant to paragraph (2), the Secretary shall issue under section 507 a term offset credit, in lieu of an offset credit, for each ton of carbon dioxide equivalent that has been sequestered.

-- The Administrator may promulgate regulations to add to the list of class I and class II, group I, substances that may be destroyed for destruction offset credits, taking into account a candidate substance's carbon dioxide equivalent value, ozone depletion potential, prevalence in banks in the United States, and emission rates, as well as the need for additional cost containment under the class II, group II cap and the integrity of the class II, group II cap.

--(i) At any time after the Administrator promulgates regulations pursuant to subparagraph (A), the Administrator may, pursuant to the requirements of part D of title VII and based on the carbon dioxide equivalent value of the substance destroyed, add the types of destruction projects authorized to receive destruction offset credits under this paragraph to the list of types of projects eligible for offset credits under section 733.

That centerpiece is the cap - and - trade Emissions Trading System (ETS), under which companies buy and sell carbon reduction credits.

Following a QAS approved carbon footprint calculation, this tree planting package (which also includes retiring Verified Carbon Standard (VCS) credits from registered projects) meets the requirements under the Quality Assurance Standard (QAS) for Carbon Offsetting.

After setting him right, Borges explained that the Suruí and other indigenous people could, in theory, earn carbon credits by acting as guardians of the rainforest under schemes that reduce greenhouse gas emissions from deforestation and forest degradation (REDD).

Two Russian plants receive carbon credits for destroying HFC - 23 under a related United Nations program.

Further, because REDD is not yet sanctioned under an international framework on climate, credits from avoided deforestation are limited to voluntary markets where they are worth substantially less than carbon credits in compliance markets.

Under Article 12, Annex B nations may implement emission reduction projects in developing nations to generate certified emission reduction (CER) credits for each ton of carbon reduced or avoided.

Stian Reklev, Japan, Indonesia Issue First Carbon Offset Credits Under JCM, CARBON PULSE, May 13, 2016, available at http://carbon-pulse.

Seen that it will create a lot of demand for carbon credits in the future, a key issue is to ensure that emissions reductions are not counted towards both national commitments under the Paris Agreement and the targets set under the future aviation offsetting scheme.

However, according to Professor Rosemary Rayfuse, an expert in International Law and the Law of the Sea at the University of New South Wales, Australia, who also attended the Woods Hole meeting, ocean fertilization projects are not currently approved under any carbon credit regulatory scheme and the sale of offsets or credits from ocean fertilization on the unregulated voluntary markets is basically nothing short of fraudulent.

Under the leadership of Ducks Unlimited, the project successfully enrolled 114 eligible landowners and 50,000 acres in this cutting - edge program, and worked with partners to create an environmentally robust accounting methodology to quantify the carbon that remains in the soil as carbon offset credits.

«Under the [carbon trading] system, projects that reduce emissions in the developing world produce carbon credits, which companies in industrialized nations can then buy to offset their own emissions.»