Sentences with phrase «emissions credits as»

Prices are low because there is a surplus of emissions credits as a result of over-generous allocations and reduced demand after the financial crisis.

But in «Making Carbon Markets Work,» David G. Victor and Danny Cullenward describe the process of allocating emission credits as «politically charged and corruption - prone.»

Not exact matches

Revenue from the sales of our Tesla Roadster as well as from zero emission vehicle, or ZEV, credits did not exceed costs of sales related to our Tesla Roadster, until the nine months ended September 30, 2009.

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

Although the wine industry and most other agricultural industries are considered low producers of carbon emissions, GHG issues, such as gaining market access to retailers interested in carbon foot printing, providing data for marketing purposes and / or carbon credit accounting, are becoming more significant to brands and image.

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.

The state would instead subsidize the plants using proceeds from the Regional Greenhouse Gas Initiative (RGGI), a market - based program that requires conventional power plants to purchase credits as a mechanism for reducing greenhouse gas emissions, «in recognition of their zero carbon emitting attributes,» according to the bill memo.

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.

Photo credit: DRIChakrabarty and colleagues found to their surprise that funeral pyre emissions contain sunlight - absorbing organic carbon aerosols known as brown carbon.

They credited drops in CO2 emissions from the United States and China as the primary drivers of the trend.

As the nation's aging power grid is upgraded with cleaner energy sources — spurred by federal and state - level regulations on air pollution, renewable portfolio standards and tax credits — the emissions profiles of EVs across the country are expected to improve.

These allow manufacturers that make very low emission vehicles, such as electric vehicles, to claim extra credits for them, so they can continue to produce more heavily polluting vehicles as well.

As supercritical technology becomes more mainstream and power generators normally improve on the efficiency of even their oldest plants over the course of operations, the loophole allows plants requesting CDM credits to exaggerate the calculated emissions avoided by millions of tons of CO2 - equivalent gases, the panel warns.

Our sense is that the most committed governments will work to ensure that the E.U. complies with its Kyoto commitments as a whole, notably by purchasing emission credits overseas from the clean development mechanism and from a similar system that allows governments to obtain credits in Russia and other «transition» countries.

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.

For now, the European emissions trading system has emerged as the core of a nascent global market because it features the strongest institutions and exchanges the greatest volume of credits.

Absent these institutions, emission credits in Europe would be worthless — just as bad money drives good from circulation, as economists often have observed.

-- The Administrator may promulgate regulations to add to the list of class I and class II, group I, substances that may be destroyed for destruction offset credits, taking into account a candidate substance's carbon dioxide equivalent value, ozone depletion potential, prevalence in banks in the United States, and emission rates, as well as the need for additional cost containment under the class II, group II cap and the integrity of the class II, group II cap.

«(B) except as provided in paragraph (5) or (6), the quantity of the international offset credits is determined by comparing the national emissions from deforestation relative to a national deforestation baseline for that country established, in accordance with an agreement or arrangement described in subsection (b)(2)(A), pursuant to paragraph (4);

-- Except as provided in paragraph (2) or (3), the annual number of emission allowances that a covered entity may purchase at the strategic reserve auctions in each calendar year shall not exceed 20 percent of the covered entity's combined greenhouse gas emissions and attributable greenhouse gas emissions during the most recent year for which allowances or offset credits were retired under section 722.

The ability to demonstrate compliance with offset credits shall be divided pro rata among covered entities by allowing each covered entity to satisfy a percentage of the number of allowances required to be held under subsection (b) to demonstrate compliance by holding 1 domestic offset credit or 1.25 international offset credits in lieu of an emission allowance, except as provided in subparagraph (D).

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.

We were then promised that when I returned for my next inspection, the emissions test would be credited as compensation for taking care of the issue.

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.

What I foresee is a lot of people getting very rich selling credits which most consumers will view as «feel good» coupons which ultimately will have very little impact on the problem of CO2 emissions.

Encourage worldwide caps on emissions, or offer emissions credits, as well as pecuniary incentive for those companies (regardless of country of origin) that go above and beyond the call of duty.

(As I and others have put it, slowing emissions of carbon dioxide is somewhat like slowing credit - card spending and expecting your debt to shrink.)

TH: And you've actually testified as an expert in front of a Senate committee on climate change, and The Nature Conservancy is also pretty active in emissions trading, or carbon credit trading programs to tackle climate change issues.

In a passage that will likely hearten those seeing the climate change fight as a fight over capitalism, leaked version includes the pope's rejection of markets in carbon credits as a solution, warning (this is The Guardian translation) that this «could give rise to a new form of speculation and would not help to reduce the overall emission of polluting gases.»

For instance, because natural gas has half of the emissions of coal, but still emits carbon dioxide, it could receive half the credit as zero carbon energy sources.

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.

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.

For the second trading period, Member States allowed their operators to use significant quantities of credits generated by emission - saving projects undertaken in third countries to cover part of their emissions in the same way as they use ETS allowances.

Here is a big stack of issues that Parties should tackle: stringent CDM reform; a framework for new mechanisms that results in a net decrease of emissions and is based on principles ensuring sustainable development and the protection of human rights; removal of loopholes that weaken targets such as surplus AAUs and non-additional carbon credits.

Mockingly referred to as «corporate welfare» and a «scam» by some Oklahoma House members, the zero - emissions tax credit already is... Complete story»

The IEA is critical of an EU plan to temporarily shelve emissions credits to bolster prices, a process known as backloading.

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.

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.

-- With respect to the emissions for which a covered entity is using term offset credits to demonstrate compliance temporarily with this section, the owner or operator of a covered entity shall not be considered to be in compliance with the prohibition in subsection (a) unless, as of 12:01 a.m. on April 1 (or a later date established by the Administrator under subsection (j)-RRB- of the calendar year in which a term offset credit expires, the owner or operator holds --

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.

A covered entity's allowable emissions level for each calendar year is the number of emission allowances (or offset credits or other allowances as provided in subsection (d)-RRB- it holds as of 12:01 a.m. on April 1 (or a later date established by the Administrator under subsection (j)-RRB- of the following calendar year.

-- The Administrator may promulgate regulations to add to the list of class I and class II, group I, substances that may be destroyed for destruction offset credits, taking into account a candidate substance's carbon dioxide equivalent value, ozone depletion potential, prevalence in banks in the United States, and emission rates, as well as the need for additional cost containment under the class II, group II cap and the integrity of the class II, group II cap.

«(B) except as provided in paragraph (5) or (6), the quantity of the international offset credits is determined by comparing the national emissions from deforestation relative to a national deforestation baseline for that country established, in accordance with an agreement or arrangement described in subsection (b)(2)(A), pursuant to paragraph (4);

-- The privilege of purchasing, holding, selling, exchanging, transferring, and requesting retirement of emission allowances, compensatory allowances, or offset credits shall not be restricted to the owners and operators of covered entities, except as otherwise provided in this title.

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.

As a result, the envisioned market - based solution, where companies could gain valuable «credits» for steps they would take to reduce emissions while others would face new costs for failure to act, has never gained traction.

«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.»