Among these was the case for a fund to purchase CERs (
emission reduction credits issued to projects under the mechanism).
Not exact matches
-- Activities that receive support under this part shall not be
issued offset
credits for the greenhouse gas
emissions reductions or avoidance, or greenhouse gas sequestration, produced by such activities.
-- 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) the offset
credits issued by the Secretary do not compromise the integrity of the annual
emissions reductions established under section 703 of the Clean Air Act; and
-- Activities that receive support under this subtitle shall not be
issued offset
credits for the greenhouse gas
emissions reductions or avoidance, or greenhouse gas sequestration, produced by such activities.
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.
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.
ACR has
issued 40 million tons of
emissions reduction credits and continues to lead voluntary carbon market innovation.
Requires the EPA Administrator to
issue an offset
credit to an offset project developer only if: (1) the EPA Administrator has approved the project; and (2) the relevant
emissions reduction, avoidance, or sequestration has already occurred during the offset project's
crediting period.
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.
-- 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.
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).
The Advisory Board shall recommend changes to offset methodologies, protocols, or project types, or to the overall offset program under this part, to ensure that offset
credits issued by the Administrator do not compromise the integrity of the annual
emission reductions established under section 703, and to avoid or minimize adverse effects to human health or the environment.
«(E) requires that all
credits issued are registered in a publicly accessible registry, with individual serial numbers assigned for each ton of carbon dioxide equivalent
emission reductions, avoidance, or sequestration; and
«(ii) the offset
credits issued by the Secretary do not compromise the integrity of the annual
emissions reductions established under section 703 of the Clean Air Act; and
-- 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)--
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.
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.
ACR -
issued Registry Offset
Credits (ROCs) and Early Action Offset Credits (EAOCs) are eligible to be transitioned into ARB compliance offset credits that may be used to meet emissions reduction obligatins under the Cap - and - Trade P
Credits (ROCs) and Early Action Offset
Credits (EAOCs) are eligible to be transitioned into ARB compliance offset credits that may be used to meet emissions reduction obligatins under the Cap - and - Trade P
Credits (EAOCs) are eligible to be transitioned into ARB compliance offset
credits that may be used to meet emissions reduction obligatins under the Cap - and - Trade P
credits that may be used to meet
emissions reduction obligatins under the Cap - and - Trade Program.
Whether GHG
Reductions Occur Outside Proposed U.S. Caps on GHG Emissions Since issuing offset credits for reductions that occur at capped emission sources would result in double counting, the Reserve focuses on project types affecting greenhouse gas (GHG) emissions that are unlikely to
Reductions Occur Outside Proposed U.S. Caps on GHG
Emissions Since issuing offset credits for reductions that occur at capped emission sources would result in double counting, the Reserve focuses on project types affecting greenhouse gas (GHG) emissions that are unlikely to b
Emissions Since
issuing offset
credits for
reductions that occur at capped emission sources would result in double counting, the Reserve focuses on project types affecting greenhouse gas (GHG) emissions that are unlikely to
reductions that occur at capped
emission sources would result in double counting, the Reserve focuses on project types affecting greenhouse gas (GHG)
emissions that are unlikely to b
emissions that are unlikely to be capped.
The first rice offset
credits will be
issued this summer, and the farms plan to verify
emissions reductions this growing season for the California compliance offset market.