Sentences with phrase «emission reduction credits in»

No one will ever make money out of trading emission reduction credits in global dimming.

Not exact matches

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

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.

Analysts warn prices are likely to remain in doldrums for 12 months as certified emission reduction credits reach $ 3.32 a tonne

In return, Joseph Percoco took a series of actions intended to benefit CPV, prosecutors say — namely, he helped it secure emission reduction credits and tried to help it obtain the lucrative power - purchase agreement.

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.

In August 2013, at Percoco's request, the governor's office instructed DEC officials to sign a reciprocity agreement with New Jersey allowing power plants to trade emission reduction credits purchased in either state, prosecutors saIn August 2013, at Percoco's request, the governor's office instructed DEC officials to sign a reciprocity agreement with New Jersey allowing power plants to trade emission reduction credits purchased in either state, prosecutors sain either state, prosecutors say.

The complaint alleges that Glaser, who's not identified by name, used his personal e-mail when he agreed in August 2013 to help Percoco get state approval for CPV to buy «emission reduction credits» in New York to help it build the New Jersey plant.

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.

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.

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.

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.

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

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.

(A credit for a ton of CO2, called a certified emissions reduction, has been selling for about $ 15 in Europe.)

-- 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)--

-- In this subsection, the term «sectoral basis» means the issuance of international offset credits only for the quantity of sector - wide reductions or avoidance of greenhouse gas emissions, or sector - wide increases in sequestration of greenhouse gases, achieved across the relevant sector of the economy relative to a domestically enforceable baseline level of absolute emissions established in an agreement or arrangement described in subsection (b)(2)(A) for the sectoIn this subsection, the term «sectoral basis» means the issuance of international offset credits only for the quantity of sector - wide reductions or avoidance of greenhouse gas emissions, or sector - wide increases in sequestration of greenhouse gases, achieved across the relevant sector of the economy relative to a domestically enforceable baseline level of absolute emissions established in an agreement or arrangement described in subsection (b)(2)(A) for the sectoin sequestration of greenhouse gases, achieved across the relevant sector of the economy relative to a domestically enforceable baseline level of absolute emissions established in an agreement or arrangement described in subsection (b)(2)(A) for the sectoin an agreement or arrangement described in subsection (b)(2)(A) for the sectoin subsection (b)(2)(A) for the sector.

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;

(1) ensure that offset credits represent verifiable and additional greenhouse gas emission reductions or avoidance, or increases in sequestration; and

«(2) ensure that such offset credits represent verifiable and additional greenhouse gas emission reductions or avoidance, or increases in sequestration;

To be effective, CORSIA has to address several challenging issues, such as ensuring the quality of offset credits and avoiding that emission reductions are accounted twice, i.e. in the generating country and under CORSIA.

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 trading can also involve households, small businesses and farmers participating in carbon credit projects that are set up to generate carbon credits and compete in tenders to sell them to the Commonwealth Government's Emissions Reduction Fund.

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 offset types are both eligible to be converted to ARB compliance Offset Credits, which can be used by California entities to help meet their emissions reductions obligations in the Cap - and - Trade Program.

Each individual coal plant, for example, can choose to meet the applicable emission rate limit (set in pounds of CO2 per megawatt - hour of electricity generated) by reducing its own emission rate or by acquiring emission reduction credits.

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 trajectorieIn 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 trajectoriein 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 trajectoriein the future, within the framework of near - term national emissions reductions, and securing 2 °C - avoiding emissions trajectories.

To achieve the verification of carbon credits, the program team completed all the data collection with participating farmers and quantified greenhouse gas emission reductions in accordance with the ACR methodology.

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 carIn 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 carin wealthy countries could get a personal «carbon budget» tracked through an electronic credit card.

To produce the up - front money needed for projects, The Environmental Services Development Agency strategy is to solicit private sector buyers in need of emissions reductions to buy carbon credits at approximately $ 3 per ton.

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.

Based on a stricter emissions reduction in the context of a satisfactory international agreement, additional access to credits could be allowed, as well as the use of additional types of project credits or other mechanisms created under the international agreement.

The CDM allows emission - reduction (or emission removal) projects in developing countries to earn certified emission reduction (CER) credits, each equivalent to one tonne of CO2.

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.

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 countrIn 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 countrin 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 countrin 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 countrin 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 countrin the developing country.

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).

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.

A ► tax credit is a reduction of tax in order to stimulate purchasing of or investment in a certain product, like heat - trapping gas (greenhouse gas) emission reducing technologies.

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 GHGs.

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.

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.

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.

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.

Starting January 1, 2016, the Administrator shall issue no offset credit pursuant to this subsection if the activity generating the greenhouse gas emissions reductions or avoidance, or greenhouse gas sequestration, occurs in a country and sector identified by the Administrator under subsection (c).

«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.

(1) ensure that offset credits represent verifiable and additional greenhouse gas emission reductions or avoidance, or increases in sequestration; and