Sentences with phrase «emission reduction projects create»

Not exact matches

Any reduction in oil sands output from the levels imposed by the emissions cap will create even more surplus pipeline export capacity without the Trans Mountain project.

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.

To earn carbon credits, the project developer must first demonstrate that emissions reductions created would not have happened without their project.

To enable trading, rules are established that allow those entities with caps to meet their obligations either by purchasing unneeded allowances from others that have caps, funding projects that reduce emissions at places under the control of others, or purchasing off - sets created by carbon reduction projects somewhere in the world.

They are designed to offer clearly - defined procedures for creating real and verifiable emission - reductions without having to reinvent the wheel with every new project.

This standard involves certification of offsets from CO2 reductions created by projects whose emissions rate is lower than a predetermined benchmark rate — the performance standard.

Internal carbon tax or fee: A company charges itself a fee for each ton of carbon emissions that it generates, creating an internal fund that can be applied to emissions reduction projects with long - term payback periods.

The Clean Development Mechanism (CDM) was created under the Kyoto Protocol to allow Annex I countries to obtain GHG emission reduction credits for projects that reduced GHG emission in non-Annex I countries, provided that those projects contributed to the sustainable development of the host country (UNFCCC, 1997).

Experience with the voluntary carbon market shows REDD projects can lead to real reductions, if only a portion of avoided emissions is tradable, it factors in the total deforestation in a jurisdiction and creates a buffer for uncertainty.

The projects only create offsets if three things occur simultaneously: firstly the project has to be one that would not have gone ahead without the offset funding («additionality»), secondly the project must not create increased emissions anywhere else in the world («leakage»), and thirdly the emissions reductions must not be counted more than once («double counting»).

She leads WRI's Measurement and Performance Tracking Project, which builds capacity in developing countries to create and enhance systems that track emissions reductions associated with low - carbon development goals.

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.