Sentences with phrase «emission credits through»

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

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.

below 1990 levels by 2010, taking into account the impact of credits surrendered through the EU emissions trading scheme.

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.

Developed countries got some of the flexibility they wanted: For instance, they can purchase emission credits from countries able to cut emissions beyond their required amount, or receive credit for emission reductions achieved through a project like a hydroelectric dam in a developing country.

-- The Administrator, in accordance with the regulations promulgated under subsection (b)(1) and an agreement or arrangement described in subsection (b)(2)(A), shall issue international offset credits for greenhouse gas emission reductions achieved through activities to reduce deforestation only if, in addition to the requirements of subsection (b)--

«(ii) decrease the percentage of emissions that can be offset through the use of domestic offset credits by the same amount.

«(i) increase the percentage of emissions that can be offset through the use of international offset credits to reflect the amount that 1.0 billion exceeds the number of domestic offset credits the Administrator determines is available, at prices generally equal to or less than emission allowance prices, for that year, up to a maximum of 0.5 billion tons of greenhouse gas emissions; and

The company then offset emissions through renewable energy credits or «green tags from new renewable energy projects.

If the caller claims they can generate Australian carbon credit units through a carbon offset project, check if the project is listed on the Clean Energy Regulator's Emissions Reduction Fund project register.

Through a so - called cap and trading system, those making extra-deep cuts in emissions can profit by selling what amounts to their extra credit to those who can not afford to cut their own gas releases so deeply or quickly.

This system would force overall emission reductions but allow flexibility through a market that trades credits accrued by companies or institutions that make extra-deep cuts.

By registering an emission reduction project with a renowned carbon certificate standard, project owners generate revenue through the sale of carbon credits.

The regulation allows these entities to use ARB approved offset credits for up to 8 percent of their emissions - over 200 million metric tons through 2020.

In December, the Tyndall Centre hosted a conference on «radical emissions reductions» that offered some eye - popping suggestions: Perhaps every adult in wealthy countries could get a personal «carbon budget» tracked through an electronic credit card.

It demonstrates that its intended emissions reductions are achievable through domestic measures and says explicitly that its use of carbon credits is «not included as a basis of the bottom - up calculation of Japan's emission reduction target».

Nonetheless, it adds that emissions reductions achieved through its credits system, known as the Joint Crediting Mechanism, will be «appropriately counted», and will add up to a cumulative 50 - 100m tonnes of CO2 by 2030.

Through the market mechanism the program provides, buildings are more readily able to reduce emissions, with the ability to sell reductions credits to buildings with sharp increase of energy consumption that are more costly to retrofit — driving greater emissions reductions at a reduced cost by all participants.

In basic terms, the CDM is a program in which developing countries, like China, who are not bound by carbon emission reduction obligations, are encouraged to undertake projects in their jurisdiction that result in carbon emission reductions through financing provided by developed countries, who are themselves bound by such obligations and can credit such emission reductions to their obligations, even though those reductions have taken place in the developing country.

In the primary markets, carbon credits are generated through the development of energy, forestry, agricultural or other related projects that reduce greenhouse gas (GHG) emissions compared to a baseline.

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 promulgate regulations establishing a program for the issuance of offset credits that: (1) ensure that such offset credits represent verifiable and additional GHG emission reductions or avoidance, or increases in sequestration; (2) ensure that offset credits issued for sequestration offset projects are only issued for GHG reductions that are permanent; and (3) include as reductions in GHGs reductions achieved through the destruction of methane and chlorofluorocarbons (CFCs) or other ozone depleting substances.

Lefebvre admitted to laundering billions of dollars in illegal gambling proceeds through his company, NETeller — a British online money transfer company that also traded in carbon dioxide emission credits.

The agency will go through a comment period for its two proposed strategies: either assign a cap on emissions and allow for the trading of pollution credits or require a state to meet an average emissions rate across its electricity fleet.

If it can make the switch, the result is: half the bill goes on the Visa card, and the other half is met with foreign credits the Government obtained through the Emissions Trading Scheme that cost emitters a few tens of millions.

That means that all of the 5 per cent emissions reduction target that the Rudd Government has proposed as a minimum through the CPRS could be met simply by purchasing carbon credits overseas through the CDM, rather than reducing any emissions here at all.

Through the Clean Development Mechanism (CDM), a provision in the Kyoto Protocol that encourages developed nations to share clean technologies with the developing world, countries can earn certified emissions reduction credits (CERs) by investing in clean energy projects.

-- The Administrator may issue international offset credits for greenhouse gas emission reductions achieved through activities to reduce deforestation at a state or provincial level that meet the requirements of this section.

The funding is typically results - based, through the purchase of certified emission reductions or «carbon credits».

SGS Carbon Neutral: Indicates a significant reduction has been achieved and that remaining emissions have been offset through programs such as renewable energy credit purchase systems run by certified third - party organizations.

-- The Administrator, in accordance with the regulations promulgated under subsection (b)(1) and an agreement or arrangement described in subsection (b)(2)(A), shall issue international offset credits for greenhouse gas emission reductions achieved through activities to reduce deforestation only if, in addition to the requirements of subsection (b)--

«(i) increase the percentage of emissions that can be offset through the use of international offset credits to reflect the amount that 1.0 billion exceeds the number of domestic offset credits the Administrator determines is available, at prices generally equal to or less than emission allowance prices, for that year, up to a maximum of 0.5 billion tons of greenhouse gas emissions; and

Around the same time Congress was purchasing these offsets, the World Wildlife Fund released a report denouncing 20 percent of the UN's certified emissions reduction credits, as facilitated through the controversial clean development mechanism, as bogus.

«It emerged at the international level, through the combination of, among others: (1) the conservationist interests of big environmental NGOs in the North, (2) the interests of national and sub-national governments in the North seeking low - cost alternatives to supposedly «offset» their continued and excessive emissions of pollutants and greenhouse gases, (3) the interests of national and sub-national governments in the South seeking to obtain financial resources for the «protection» of forests in their countries, (4) the interests of corporations that could profit from market - tradable «offset» credits, including through speculation on secondary (derivatives) markets, which would allow them to continue destroying the forests for the extraction of timber, minerals or oil, the establishment of monoculture plantations, etc., thus expanding their business opportunities, and (5) the interests of consultants and other actors involved in financial capital markets who want to turn «unexploited» forests into a new market for this type of capital, through the commercialization of «environmental services» such as carbon sequestration, among others.»

Illinois and New York have each legislated financial support for nuclear power through zero - emission credits (ZECs) in their renewable portfolio standards.

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.

The four key differences are: 1) unlike the Energy Policy Conservation Act (EPCA), the CAA [Clean Air Act] allows for the crediting of direct emission reductions and indirect fuel economy benefits from improved air conditioners, allowing for greater compliance flexibility and lower costs; 2) EPCA allows Flexible Fuel Vehicle (FFV) credits through model year 2019, whereas the EPA standard requires demonstration of actual use of a low carbon fuel after model year 2015; 3) EPCA allows for the payment of fines in lieu of compliance but the CAA does not; and 4) treatment of intra firm trading of compliance credits between cars and light trucks categories.50

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.

They offset much of their emissions by purchasing «wind credits» through both Carbonzero and Manitoba Hydro.

The Clean Energy Standard [PDF] requires two approaches for utilities, electric companies, and other load serving entities (LSEs) to help New York meet clean energy and climate goals: meeting a Renewable Energy Standard through the purchase of Tier 1 RECs and a requirement to purchase zero - emissions credits (ZEC).

Similarly, CPP set emissions reduction targets for individual states, but left open the formula for how to meet those goals, whether through retiring dirty power plants, building up renewables, or trading compliance credits with other states.

Japan offset its increases with purchases of credits through the clean development mechanism in China, intended to reduce emissions there, but Chinese emissions increased rapidly.

To emphasize the point that while there's credit to go around for reduced U.S. emissions, EIA tells us that 61.4 percent of carbon dioxide emissions reductions in the electric power sector from 2006 through 2014 came from fuel shifting toward natural gas:

# 38 Trade carbon for capital... «One of the most ambitious of the Kyoto Protocol's plans to help cut greenhouse gases was the Clean Development Mechanism, through which companies in the rich world could earn credit not for reducing their own emissions but for investing in energy efficient projects in the developing world.»

The CCC says the target could be strengthened later on through UK effort or by buying emissions credits, if nations agree to raise ambition under the

The WWF, with grant money from the World Bank, have purchased the rights to Amazonian forest, and hope to make 60 billion dollars from carbon credits, through REDD (reducing emissions from developing countries deforestation).

In addition to the tax credits, there are two important additional steps the government can take to dramatically reduce carbon emissions through land use change.

Many local governments provide rebates for the purchase of solar power panels and the federal government provides tax credits if you buy solar and wind power which is considered «Green» power, so why shouldn't the government help get America off the oil standard and help reduce green house gases by promoting this low emission green car through rebates to help it be more affordable to the average and poor income people?

The project calculates that more than 18,000 tons of carbon dioxide emissions would be avoided annually over the project's 20 - year crediting period through improved protection and avoided deforestation.