Sentences with phrase «emission reduction credits from»

SAN FRANCISCO, June 14, 2017 — Terra Global Capital, a woman - run private social enterprise, along with the American Carbon Registry (ACR), a nonprofit enterprise of Winrock International, announce the first - ever issuance and sale of greenhouse gas emission reduction credits from the sustainable production of rice.

Not exact matches

Another 2 million in reported emissions reductions came from what are called «emission performance credits.»

Shell's emissions last year were 5Mt, so with their credits from Quest and their use of cogeneration, more than half of this could be offset, far exceeding the reductions which will be required under Alberta law.

So, as far as I can see, essentially the same outcome as the double - credits achieves, both in terms of revenue for Shell and cost to the CCEMF could have been achieved with a $ 15 per - ton - sequestered payment from the CCEMC without sacrificing the integrity of emissions reduction accounting within the offset program.

As the governor conferred with his top staff members, federal law enforcement authorities say his then - executive deputy secretary, Joseph Percoco, and a former longtime friend and adviser, Todd Howe, were secretly exploiting their political muscle in a bribery scheme that would help the energy company, Competitive Power Ventures, purchase pollution «emission reduction credits» from New York state.

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.

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.

In addition, no international offset credits shall be issued for emission reductions from activities with respect to which emission allowances were allocated under section 781 for distribution under part E.

«(C) the reduction in emissions from deforestation has occurred before the issuance of the international offset credit and, taking into consideration relevant international standards, has been demonstrated using ground - based inventories, remote sensing technology, and other methodologies to ensure that all relevant carbon stocks are accounted;

The vast majority of this supply comes from projects that, once built and operating, receive alternative sources of revenue to those from the sale of emission reduction credits.

These projects usually involve a project promoter (an aggregator) who oversees individual emissions reductions or sequestration activities as part of a single, umbrella project (an aggregation) that shares in the revenue from carbon credit sales.

Carbon credits are tradable units that often relate to emissions reduction or sequestration activities, such as tree planting, improving energy efficiency or capturing methane from landfill.

Back in 2003, I felt that the technology to establish credits for «carbon removal» from the atmosphere was not sufficiently developed to warrant inclusion of such a system in an offset system proposed for Canada — even though removal of carbon from the atmosphere and long term sequestration seemed to have more merit than simple emission reduction.

April 21: «碳在中国的未来 (The Future of Carbon in China)» by John Romankiewicz, New Energy Finance, providing an overview on the demand projection for offsets from Chinese emissions reduction projects and look at the current outlook for CDM and disucssing the potential of domestic markets for credits (carbon and otherwise) based on China's NAMA action.

These tools include so - called «inside the fenceline» measures — a range of technologies and fuel choices to reduce the emissions of the plant itself — and the ability to use credits reflecting the emission reductions that result from ramping up generation at cleaner plants.

A new report assesses the credit risks that power plants face from the global transition to an economy with lower carbon dioxide emissions and finds that some U.S. coal plants are still exposed to those risks, despite Trump administration efforts to roll back CO2 reduction rules.

GHG emission reductions from the project activity will be 136,936 tonnes of CO2 per year, with the total expected GHG emission reductions across the 10 year crediting period of 1,369,360 tonnes of CO2.

In the near term, federal policy could: i) level the playing field between air captured CO2 and fossil - fuel derived CO2 by providing subsidies or credits for superior carbon lifecycle emissions that account for recovering carbon from the atmosphere; ii) provide additional research funding into air capture R&D initiatives, along with other areas of carbon removal, which have historically been unable to secure grants; and iii) ensure air capture is deployed in a manner that leads to sustainable net - negative emissions pathways in the future, within the framework of near - term national emissions reductions, and securing 2 °C - avoiding emissions trajectories.

Climate Action Tracker says failure to remove surplus credits from the EU ETS could weaken the EU's 40 % target if unused, banked credits are counted towards future emissions reductions.

The policy also says that companies that promise a certain quantity of reductions in return for money from the $ 2.5 bn emissions reduction fund, but then don't manage to live up to their promises, could buy credits from companies that reduce emissions by more than they had envisaged.

Funding will come from a two per cent levy on revenues generated by the clean development mechanism, the scheme allowing industrialised nations to pay for carbon credits produced by emission - reduction projects in the developing world and credit them against their own emissions targets.

Those who believe they can profit from carbon credits because polluters with emission caps will pay for them point to the Kyoto Protocol's Clean Development Mechanism, which allows parties to meet their emission reduction obligations by paying developing countries to grow forests onto land cleared long ago.

The provisions will seek to ensure that credits from Community projects do not result in double - counting of emission reductions nor impede other policy measures to reduce emissions not covered by the ETS, and that they are based on simple, easily administered rules.

And emissions that remain must be «offset» by the purchase of carbon - reduction credits from the Pacific Carbon Trust, a new Crown corporation created specifically to acquire and sell a portfolio of «made-in-B.C.»

The headline figure hides large national variations and several countries will not meet their national target without emissions trading, or credits purchased from certified emission reduction projects in developing countries under the UN's Clean Development Mechanism (CDM).

Title V: Agricultural and Forestry Related Offsets - Subtitle A: Offset Credit Program From Domestic Agricultural and Forestry Sources -(Sec. 502) Requires the Secretary to establish a program governing the generation of offset credits from domestic agricultural and forestry sources to ensure that: (1) offset credits represent verifiable and additional GHG emission reductions or avoidance, or increased sequestration; and (2) offset credits issued for sequestration offset projects are only issued for GHG reductions that result in a permanent net reduction in atmospheric GFrom Domestic Agricultural and Forestry Sources -(Sec. 502) Requires the Secretary to establish a program governing the generation of offset credits from domestic agricultural and forestry sources to ensure that: (1) offset credits represent verifiable and additional GHG emission reductions or avoidance, or increased sequestration; and (2) offset credits issued for sequestration offset projects are only issued for GHG reductions that result in a permanent net reduction in atmospheric Gfrom domestic agricultural and forestry sources to ensure that: (1) offset credits represent verifiable and additional GHG emission reductions or avoidance, or increased sequestration; and (2) offset credits issued for sequestration offset projects are only issued for GHG reductions that result in a permanent net reduction in atmospheric GHGs.

In addition, no international offset credits shall be issued for emission reductions from activities with respect to which emission allowances were allocated under section 781 for distribution under part E.

«For the purposes of decreasing the likelihood of catastrophic climate change, preserving tropical forests, building capacity to generate offset credits, and facilitating international action on global warming, the Administrator shall set aside the percentage specified in section 781 of the quantity of emission allowances established under section 721 (a) for each year, to be used to achieve a reduction of greenhouse gas emissions from deforestation in developing countries in accordance with part E.

«(E) development of measurement, monitoring, and verification capacities to enable a country to quantify supplemental emissions reductions and to generate for sale offset credits from reduced or avoided deforestation;

«(C) the reduction in emissions from deforestation has occurred before the issuance of the international offset credit and, taking into consideration relevant international standards, has been demonstrated using ground - based inventories, remote sensing technology, and other methodologies to ensure that all relevant carbon stocks are accounted;

Overall, the EU will only scrape its target of an eight percent reduction in emissions relative to 1990 levels and will rely heavily on buying carbon credits from developing countries in order to achieve it.

Your company is considered carbon neutral when these unavoidable emissions are offset by purchasing an equivalent volume of carbon offset credits from high - quality emissions reductions projects.

DelAgua will generate verified carbon credits following an ACR - approved methodology to quantify the emissions reductions from the decreased fuelwood use from more efficient cookstoves and water filters.

One of the measures agreed under the Kyoto Protocol was the Clean Development Mechanism, which allowed western countries to offset their emissions by buying emission reduction credits (CERS) from the developing world.

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.

To meet the 5 % reduction target, another 100 million tonnes would have to be covered by buying emissions credits from developing countries and overseas permits, likely from the European Union.

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

It does this by establishing high - quality standards to quantify and verify greenhouse gas emissions reduction projects, oversee independent third - party verification bodies, issue carbon credits generated from such projects, and track the credits over time in a transparent, publicly - accessible system.

Companies could buy and sell credits among themselves, and could satisfy up to 15 percent of its emission reduction requirements by submitting tradeable allowances from another nation's market in greenhouse gases, or by contributing to projects that sequester carbon dioxide emissions.

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:

If these credits come from projects with poor environmental integrity, the CDM will continue to undermine the already weak emissions reduction targets.

Gale Klappa went on WISN 12 News where he discussed how he thought WE Energies should get credit from the EPA for prior emissions reductions.

Tool Will be First in a Series of Resources that Show States How to Take Credit for Emissions Reductions from Energy Efficiency

Under this context, the use of carbon credits to meet a company's science - based emission reduction target represents, at best, an impact neutral instrument from a global carbon budget perspective.

On behalf of the Bank, First Climate carried out a purchase of the equivalent amount of emission reductions from the project and the credit retirement within the CDM registry.

The Methodology provides a performance standard - based quantification framework for the creation of carbon offset credits from the resulting reduction in GHGs from the use of alternatives to HFC - based foam blowing agents and is intended to be used as an incentive for the industry to make the transition to low emissions alternatives.

But International Rivers says the CDM is «failing miserably and is undermining the effectiveness of the Kyoto Protocol» because most of the emission reduction credits are fake and come from projects that do not reduce emissions.

Additionally, carbon credits from the CDM and JI that can be carried over would further lower actual emission reduction levels by 2020 by roughly 6 %.

«Almost two - thirds of JI credits were used in the ETS, so the poor overall quality of JI projects may have undermined the EU's emission reduction target by some 400 million tonnes of CO2, about a third of the reductions required by the ETS from 2013 to 2020,» she said.

Verified Emission Reduction — emission reductions created by projects which have been verified outside of the Kyoto Protocol — including credits from pre-registration CDM projects; VERs are reductions from greenhouse gas emission reduction projects that have prevented or removed the equivalent of one metric tonne of carbonReduction — emission reductions created by projects which have been verified outside of the Kyoto Protocol — including credits from pre-registration CDM projects; VERs are reductions from greenhouse gas emission reduction projects that have prevented or removed the equivalent of one metric tonne of carbonreduction projects that have prevented or removed the equivalent of one metric tonne of carbon dioxide.