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.
Not exact matches
In the near term, federal policy could: i) level the playing field between air captured CO2 and fossil - fuel derived CO2 by providing subsidies or
credits for superior carbon lifecycle
emissions that account for recovering carbon from the atmosphere; ii) provide additional research funding into air capture R&D initiatives, along with other areas of carbon removal, which have historically been unable to secure
grants; and iii) ensure air capture is deployed in a manner that leads to sustainable net - negative
emissions pathways in the future, within the framework of near - term national
emissions reductions, and securing 2 °C - avoiding
emissions trajectories.
Blue Moon Fund
grant for «To support climate change in China by implementing low -
emission, market - based transportation policies by introducing California's zev
credits mechanism to China»
This unambiguous disclosure is in stark contrast to previous statements which confounded regulatory
emissions (
emissions net of
credits granted for early action, contributions to technology funds, etc.) and actual
emissions.
It's all about doling out lucrative gifts (
emissions credits,
grants and subsides) to politically - favored companies who try to sell us unwanted electric cars or biofuels while the government punishes taxpayers and companies that produce vehicles American consumers really want» — Alan Reynolds, Cato Institute senior fellow.
For the avoidance of doubt, Gross Revenues shall (A) exclude monies received from any source other than the sale of electric energy and capacity, including, without limitation, any of the following: (i) any federal, state, county or local tax benefits,
grants or
credits or allowances related to, derived from, or
granted to the Wind Energy Project or Grantee, including, but not limited to, investment or production tax
credits, or property or sales tax exemptions, (ii) proceeds from financing activities, sales, assignments, partial assignments, contracts (other than the power purchase agreement) or other dispositions of or related to the Wind Energy Project (such as damages for breach of contract or liquidated damages for delays in project completion or failures in equipment performance), (iii) amounts received as reimbursements or compensation for wheeling costs or other electricity transmission or delivery costs, and (iv) any proceeds received by Grantee as a result of damage or casualty to the Wind Energy Project, or any portion thereof and (B) include any revenues derived from Grantee's sale of carbon dioxide trading
credits, renewable energy
credits or certificates,
emissions reduction
credits,
emissions allowances, green tags, tradable renewable
credits, or Green - e ® products, any of which are allocated to Grantee, if applicable, through its participation in any voluntary registry, association or market - based exchange.
The WWF, with
grant money from the World Bank, have purchased the rights to Amazonian forest, and hope to make 60 billion dollars from carbon
credits, through REDD (reducing
emissions from developing countries deforestation).
The 2030 package has been criticised for
granting Poland concessions including an estimated 200 million free carbon allowances (
emissions credits)-- worth about $ 4bn (# 3bn) at a carbon price of $ 20 per tonne — and a new modernisation fund for poorer EU countries to upgrade their energy sector, which may be worth $ 6bn in the decade to 2030.