Sentences with phrase «carbon emissions 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 owner of the US's only nationwide cap - and - trade market has signalled the death of the seven - year - old industry, saying companies were no longer interested in trading carbon emissions credits in the absence of government legislation.

In his book, The Green Wave (Capital Research Center, 2006), author Bonner Cohen notes that the companies expected to profit handsomely from the Kyoto global warming treaty by creating the worldwide trading network in which industries would buy and sell carbon emissions credits.»

In 2015, targeted support resulted in the identification of sectors with the greatest potential demand for carbon emissions credits in Panama.

Here's how RGGI works: Using an auction system, the states offer a declining number of carbon emissions credits each year, which power plant owners bid on and are then required to use to offset their carbon dioxide emissions.

Tesla's all - electric design allowed it to collect carbon emission credits worth $ 70 million in the past year, adding to its bottom line this quarter.

The State will fund the Green Jobs - Green New York loan program and establish the statewide green jobs training program, with $ 112 million in funding acquired by auctioning carbon emission credits through the Regional Greenhouse Gas Initiative (RGGI).

Not exact matches

Virginia's limit, or «cap,» on carbon dioxide emissions would tighten 30 percent between 2020 and 2030, while adding measures to maintain market stability with a reserve of credits that power plant owners can purchase to help them comply.

Some of them, including Italy and Spain, will only be able to do so by buying credits to offset their own emissions, for example by investing in projects that reduce carbon emissions in developing countries.

Although the wine industry and most other agricultural industries are considered low producers of carbon emissions, GHG issues, such as gaining market access to retailers interested in carbon foot printing, providing data for marketing purposes and / or carbon credit accounting, are becoming more significant to brands and image.

That becomes a triple bonus if the methane emission reduction can be parlayed into saleable Australian carbon credit units.

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.

Airport expansion plans and an over-reliance on buying in emission credits to meet domestic carbon targets are negatively affecting efforts to convince other countries to take a tough stand on climate change, the environmental audit committee has found.

The report accepts minister's efforts to include aviation in the EU emissions trading scheme, where firms would be given a certain allocation of carbon credits to buy and sell on the open market, but warns this is still «years away».

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.

The state would instead subsidize the plants using proceeds from the Regional Greenhouse Gas Initiative (RGGI), a market - based program that requires conventional power plants to purchase credits as a mechanism for reducing greenhouse gas emissions, «in recognition of their zero carbon emitting attributes,» according to the bill memo.

Preserving nuclear plants also allows the administration to move toward its goal of reducing greenhouse gas emissions 40 percent by 2030, through a zero - emission credit program that awards companies for producing energy without carbon emissions.

Gov. Andrew Cuomo directed that the new standard include «zero emission credits» for Upstate nuclear plants to provide them with above - market compensation for producing power without carbon emissions.

Dell Round Rock, TX Information Technology 554 million green kWh, 158 % of total power used In August 2008 managers declared Dell's headquarters «carbon - neutral» after buying energy credits, increasing efficiency and reducing emissions.

He went on to urge Blair to support the U.S. position in favor of more credit for carbon sequestered by forests and sinks, assuring him that it would allow the United States to curtail even more emissions.

Its plan for going carbon neutral largely relies on buying in carbon credits rather than reducing its actual emissions to zero.

Since the Kyoto protocol came into force in 2005, companies in the developing world can generate greenhouse gas emission reductions and sell them as «carbon credits» in the developed world through such mechanisms as the European Union's Environmental Trading Scheme (EU ETS), which is similar to schemes in Japan and New Zealand.

So companies in the developed world have an annual limit on the level of greenhouse gas emissions they can produce, and if they exceed their cap, they can purchase credits generated by the emission reduction projects or low - carbon technologies in developing countries.

If the UNFCCC is happy with the project, it issues us with a certificate for a number of carbon credits (1 tonne of carbon, or the equivalent, abated equals 1 carbon credit) which can then be sold to companies who need to reduce their net emissions.

Tao says that his team cooperates with carbon trading experts to credit the emissions data and hopes to sell the credits to whoever needs them to offset his carbon footprint.

The authority's strategy also relies heavily on purchasable emissions credits and a government scheme that pays polluters to cut carbon output.

Photo credit: DRIChakrabarty and colleagues found to their surprise that funeral pyre emissions contain sunlight - absorbing organic carbon aerosols known as brown carbon.

Assuming a global system that would put a price on carbon emissions, the scientists then calculated the value of carbon credits awarded to homeowners and businesses for making their roofs and streets lighter.

(To his credit, Gore compensates for his plane trips by buying carbon offsets, which pay for projects that reduce greenhouse gas emissions.)

The problem is that life - cycle analyses for biofuels literally assign a carbon credit to the biofuel that cancels out all the emissions from burning the fuel in the car.

And the way to fix the accounting error is to count the very real emissions from using bioenergy and then provide a credit to that bioenergy which results from a source that really is «additional» carbon.

Blue carbon markets, in which countries or corporations could offset CO2 emissions by buying carbon credits from projects that create or protect carbon - rich habitat, could become viable in two to three years, says John Bruno, a marine ecologist at the University of North Carolina in Chapel Hill.

Nor is the problem confined to the private sector; the government of Hungary explicitly sold carbon credits to Japan that had already been used to offset domestic emissions — in effect, double counting the same theoretical emission reductions.

The UN expects China to account for 41 % of all carbon credits issued by 2012, but a recent paper in Nature suggests that a loophole in the system has allowed investors to get rich without cutting significant amounts of emissions.

Companies, the activists allege, are deliberately generating greenhouse gas pollution in order to snag millions of dollars worth of carbon credits when they then mitigate the emissions.

They charge that since 2005 a small number of firms have deliberately produced excess greenhouse gas pollution for the sole purpose of destroying it, thus earning them valuable carbon offset credits called Certified Emissions Reductions (CERs).

Besides trading carbon allowances among each other, companies included in Shenzhen and other Chinese carbon markets are also able to use offset credits generated by carbon - cutting projects to cover 5 to 10 percent of their emissions as a way of lowering emissions reduction costs.

CERs are the most heavily traded carbon offset credit in the world, used mostly by European companies to keep their greenhouse gas emissions levels beneath a government - mandated cap.

The result, according to the executive, is that few companies are actively implementing emissions reduction technologies in exchange for carbon credits.

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

Member states will allocate emissions credits, much like was done in the European Union's carbon trading program, and trade between one another.

It is unclear whether the upcoming Chinese carbon trading market, starting from next year, will allow companies to trade emission credits generated from CCUS projects.

To earn credits, a project should owe its existence to the prospective earnings from carbon credits: the emissions reductions from the project should be additional to what would have happened in the absence of the CDM.

Any global emissions targets could be set and met by gradually reducing the world supply of carbon credits.

-- 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 CDM - the U.N.'s main carbon market set up by the Kyoto Protocol - has helped to channel almost $ 400 billion to carbon - cutting projects in the developing world by allowing investors to earn credits they can sell for use in meeting emission targets in richer nations.

(ii) Insurance that provides for purchase and provision to the Secretary for retirement of a quantity of offset credits or emission allowances equal in number to the tons of carbon dioxide equivalents of greenhouse gas emissions released due to reversal.

-- 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) Insurance that provides for purchase and provision to the Administrator for retirement of an amount of offset credits or emission allowances equal in number to the tons of carbon dioxide equivalents of greenhouse gas emissions released due to reversal.

«(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;