Sentences with phrase «emissions credits by»

The scheme will enable developed countries to buy emissions credits by paying developing nations to preserve forested areas.

He listed areas where deals might be reached, including: finding ways for wealthy countries to get emissions credits by paying for the protection of forests in poorer nations; the Clean Development Mechanism, a system for encouraging other kinds of investments that cut poor - country emissions; and systems for sharing technology.

The Western Climate Initiative got a critical boost in October when California approved its final cap and trade regulations which will enable the trade of emission credits by 2013.

Not exact matches

Some of them, including Italy and Spain, will only be able to do so by buying credits to offset their own emissions, for example by investing in projects that reduce carbon emissions in developing countries.

Tesla also collects hundreds of millions from competing automakers by selling environmental credits in California and more than half a dozen other states to car companies that can't meet the states» «zero emissions» sales mandates.

But to their credit, the Conservatives came up with a particularly zany way of banning these gatherings, which was to outlaw «sounds wholly or predominantly characterised by the emission of a succession of repetitive beats» played above a certain volume to a certain number of people.

The State will fund the Green Jobs - Green New York loan program and establish the statewide green jobs training program, with $ 112 million in funding acquired by auctioning carbon emission credits through the Regional Greenhouse Gas Initiative (RGGI).

VERs - Voluntary Emissions Reduction credits - are not compliant with the UN mechanisms and are verified instead by non-government organisations.

Certified Emissions Reduction credits (CERs) produced by the UN's Clean Development Mechanism; European Union Allowances (EUAs) produced by the European Union's Emissions Trading System (EU ETS), and Emissions Reduction Units (ERUs) produced by the UN's Joint Implementation mechanism.

«These zero emissions credits will represent the emissions - free value of energy produced by the nuclear power plants specifically,» said Scott Weiner, deputy for markets and innovation at DPS, at Thursday's meeting.

New York will end an agreement with New Jersey allowing companies to trade emission credits in order to meet pollution standards, a decision that follows accusations by federal prosecutors that the credits were part of a corruption scheme involving a Competitive Power Ventures power plant in New Jersey.

Preserving nuclear plants also allows the administration to move toward its goal of reducing greenhouse gas emissions 40 percent by 2030, through a zero - emission credit program that awards companies for producing energy without carbon emissions.

below 1990 levels by 2010, taking into account the impact of credits surrendered through the EU emissions trading scheme.

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.

If they exceed the cap, they can purchase credits generated by projects to reduce emissions in developing countries.

In the draft climate change bill proposed by House Democrats, credits aimed at gaining emissions cuts by avoiding tropical deforestation would slowly decrease over time.

He went on to urge Blair to support the U.S. position in favor of more credit for carbon sequestered by forests and sinks, assuring him that it would allow the United States to curtail even more emissions.

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.

Both Democrats previously have favored a large auction of the emission credits, an approach backed by the Obama administration.

(To his credit, Gore compensates for his plane trips by buying carbon offsets, which pay for projects that reduce greenhouse gas emissions.)

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.

Blue carbon markets, in which countries or corporations could offset CO2 emissions by buying carbon credits from projects that create or protect carbon - rich habitat, could become viable in two to three years, says John Bruno, a marine ecologist at the University of North Carolina in Chapel Hill.

The UN expects China to account for 41 % of all carbon credits issued by 2012, but a recent paper in Nature suggests that a loophole in the system has allowed investors to get rich without cutting significant amounts of emissions.

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.

It will seek to take a share of the multi-billion dollar global market which trades emissions credits granted by the Kyoto Protocol in exchange for investment in green projects in developing countries.

The company would then accrue credits for the difference between the «baseline» emissions that would have been released had the Chinese burned coal to generate electricity and the essentially zero emissions discharged by the wind farm.

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.

CERs are the most heavily traded carbon offset credit in the world, used mostly by European companies to keep their greenhouse gas emissions levels beneath a government - mandated cap.

Any global emissions targets could be set and met by gradually reducing the world supply of carbon credits.

-- 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 CDM - the U.N.'s main carbon market set up by the Kyoto Protocol - has helped to channel almost $ 400 billion to carbon - cutting projects in the developing world by allowing investors to earn credits they can sell for use in meeting emission targets in richer nations.

-- The Administrator may establish by regulation criteria and procedures for determining whether, and for implementing a determination that, the expiration of an allowance, offset credit, or term offset credit, established or issued under the American Clean Energy and Security Act of 2009 or the amendments made thereby, or expiration of the ability to use an international emission allowance to comply with section 722, is necessary to ensure the authenticity and integrity of allowances, offset credits, or term offset credits or the allowance tracking system.

-- The combined quantity of term offset credits and domestic offset credits used by a covered entity to demonstrate compliance for its emissions or attributable greenhouse gas emissions in any given year shall not exceed the quantity of domestic offset credits that a covered entity is entitled to use for that year to demonstrate compliance in accordance with paragraph (1).

«(ii) decrease the percentage of emissions that can be offset through the use of domestic offset credits by the same amount.

«(1) any person in the United States to exchange instruments in the nature of offset credits issued before January 1, 2009, by a State or voluntary offset program with respect to which the Administrator has made an affirmative determination under section 740 (a)(2), for emissions allowances established by the Administrator under section 721 (a); 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

«(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);

-- 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.

-- The Secretary shall establish by rule a program to conduct research to develop additional projects and activities for crops to find additional techniques and methods to reduce greenhouse gas emissions or sequester greenhouse gases that may or may not meet the criteria for offset credits established under the American Clean Energy and Security Act of 2009.

Submission of a statement by the owner or operator, or the designated representative of the owners and operators, of a covered entity that the owners and operators will hold allowances or offset credits for the entity's combined emissions and attributable greenhouse gas emissions to which section 722 applies shall be deemed to meet the proposed and approved planning requirements of title V. Recordation by the Administrator of transfers of allowances and offset credits shall amend automatically all applicable proposed or approved permit applications, compliance plans, and permits.

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).

I would say that Tesla's day's in the monopolistic sun are numbered - more than 120 electric car models have been promised to appear over the next several years and Tesla has ZERO patents to protect itself and has run out of govt subsidies in the U.S. - they are going to have to compete against companies whose cars have a $ 7500 price advantage and will be unable to continue raping the consumer by selling zero emission credits.

Through a so - called cap and trading system, those making extra-deep cuts in emissions can profit by selling what amounts to their extra credit to those who can not afford to cut their own gas releases so deeply or quickly.

It needs to be spelled out, because the «solutions» that are acceptable to the business world (carbon credit trading and attempts at burying CO2 emissions) will have almost zero effect on the real world — the rate of increase of CO2 in the atmosphere will be unaffected by such «solutions».

They argued that the trading system provides far too much leeway for dealing in «offsets,» credits earned by avoiding or preventing emissions of carbon dioxide.

This system would force overall emission reductions but allow flexibility through a market that trades credits accrued by companies or institutions that make extra-deep cuts.

During 2005 talks over the climate treaty in Montreal, for example, the National Center for Public Policy Research, a group opposing emissions restrictions, tried to illustrate its view of carbon markets by handing out mock emissions credits.

I've written quite a bit about whether markets in carbon credits earned by cutting, avoiding or absorbing such emissions — whether from avoided deforestation, tree planting, or leaving oil in the ground — are credible, sensible or doable.

At the end of the article we learn that by some accounts Norway indeed is already neutralizing all its emissions, it just can't get credit for some of its activities under the rules.