The protocol is extremely important to dozens of developing countries that have received substantial sums for
emissions credits earned under the agreement's Clean Development Mechanism.
Not exact matches
China would gain foreign investment and energy infrastructure, while the British firm could meet its environmental obligations at lower cost because
credits earned overseas are often less expensive than reducing
emissions at home.
Under this scheme, investors could
earn credits for projects that cut
emissions in developing nations even though the host country faced no binding restriction on its output of these gases.
They charge that since 2005 a small number of firms have deliberately produced excess greenhouse gas pollution for the sole purpose of destroying it, thus
earning them valuable carbon offset
credits called Certified
Emissions Reductions (CERs).
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.
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.
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.
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.
Rising Tide has had a lot of fun with entrepreneurs involved in trading
credits earned by cutting greenhouse - gas
emissions, recently sending «greenwash guerillas» to root out what it called «carbon traitors» at a conference on carbon trading.]
Again, any policy that actually reduces carbon
emissions will
earn credit based on its actual contribution under our proposal.
For energy companies willing to accept some limits on warming gases, one goal is to firm up a market for tradeable
credits earned by companies that make sharp cuts in
emissions or plant or protect forests, which absorb carbon dioxide.
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.
To
earn carbon
credits, the project developer must first demonstrate that
emissions reductions created would not have happened without their project.
Most members of the commission favored a REDD (Reduced
Emissions from Deforestation and Degradation) strategy, which would let farmers
earn carbon
credits by saving endangered forests.
The idea was to identify activities that developing countries could undertake to
earn credit by reducing
emissions, and REDD clearly fit into that category.
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.
Participating farmers in this first rice project will implement voluntary management practices on their fields to reduce methane
emissions,
earning carbon
credits to be sold in the voluntary and potentially the California carbon markets.
The CDM is one of the three Flexible Mechanisms defined in the KyotoProtocol and allows
emission - reduction projects in developing countries to
earn certified
emission reduction (CER)
credits, each equivalent to one tonne of CO2.
After setting him right, Borges explained that the Suruí and other indigenous people could, in theory,
earn carbon
credits by acting as guardians of the rainforest under schemes that reduce greenhouse gas
emissions from deforestation and forest degradation (REDD).
By sharing rides you can help your team
earn important Carbon
Credits and reduce Greenhouse Gas
emissions!
# 38 Trade carbon for capital... «One of the most ambitious of the Kyoto Protocol's plans to help cut greenhouse gases was the Clean Development Mechanism, through which companies in the rich world could
earn credit not for reducing their own
emissions but for investing in energy efficient projects in the developing world.»
This positive result was overshadowed by an influx of carbon
credits from the international markets as companies looked to exploit a closing loophole on the eligibility of certain methods of
earning emission allowances.
That threat, however, may now be mitigated by the potential for payments for REDD (reduced
emissions from deforestation and degradation) allowing companies and environmental groups to fund forest conservation by
earning carbon
credits for saving trees.
For each additional ton of carbon dioxide their trees store, forest owners
earn a
credit that they can sell to companies who wish to offset their
emissions.
Forest conservation is expected to be an important
emissions mitigation mechanism under the next global climate treaty, with tropical countries
earning carbon
credits for reducing deforestation.
Land use is also becoming more prominent in discussions under the Clean Development Mechanism, a carbon offset tool that supports
emissions - reduction projects in developing countries so that developed countries
earn certified
emission reduction
credits — while continuing to pollute.