Sentences with phrase «emissions reduction credits»

The vast majority of this supply comes from projects that, once built and operating, receive alternative sources of revenue to those from the sale of emission reduction credits.

No one will ever make money out of trading emission reduction credits in global dimming.

Analysts warn prices are likely to remain in doldrums for 12 months as certified emission reduction credits reach $ 3.32 a tonne

SAN FRANCISCO, June 14, 2017 — Terra Global Capital, a woman - run private social enterprise, along with the American Carbon Registry (ACR), a nonprofit enterprise of Winrock International, announce the first - ever issuance and sale of greenhouse gas emission reduction credits from the sustainable production of rice.

Analysts warn prices are likely to remain in doldrums for 12 months as certified emission reduction credits reach $ 3.32 a tonne

One of the measures agreed under the Kyoto Protocol was the Clean Development Mechanism, which allowed western countries to offset their emissions by buying emission reduction credits (CERS) from the developing world.

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

In return, Joseph Percoco took a series of actions intended to benefit CPV, prosecutors say — namely, he helped it secure emission reduction credits and tried to help it obtain the lucrative power - purchase agreement.

The probe, that made several recommendations and cost about $ 1 million, did not include in its scope issues dealing with emission reduction credits or CPV.

In August 2013, at Percoco's request, the governor's office instructed DEC officials to sign a reciprocity agreement with New Jersey allowing power plants to trade emission reduction credits purchased in either state, prosecutors say.

Each individual coal plant, for example, can choose to meet the applicable emission rate limit (set in pounds of CO2 per megawatt - hour of electricity generated) by reducing its own emission rate or by acquiring emission reduction credits.

Among these was the case for a fund to purchase CERs (emission reduction credits issued to projects under the mechanism).

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).

«There is a real fear that REDD will lead to dispossession of local communities [as] governments stake their claim on emissions reduction credits,» says Chhatre.

The carpet was made climate neutral through the purchase of 390,000 metric tonnes of verified emission reduction credits to offset the entire life cycle of the products sold.

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.

ACR has issued 40 million tons of emissions reduction credits and continues to lead voluntary carbon market innovation.

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.

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 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.

«It is practicable to consider rewarding and encouraging bicycle use with saleable, certified emission reduction credits.»

A similar abuse of the additionality criteria is arising over the destruction of trifluoromethane (HFC - 23) gas, which generates three - quarters of the CDM's emission reduction credits.

However, for CDM projects to be approved by the UN, and to have their emission reduction credits saleable, credit reductions are required to be «additional» to those that would have occurred otherwise.

Critics question whether carbon offsets projects are actually facilitating new carbon abatement, and the World Wildlife Fund released a report last year calling 20 percent of the UN's certified emissions reduction credits, as facilitated through the controversial clean development mechanism process, bogus.

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.

Its primary purpose is to curb global warming by stimulating the trade of a new commodity known as a carbon - emissions reduction credit.

The ability of generators to secure PM - 10 emission reduction credits (ERCs) or offsets in SCAQMD is severely constrained by both market conditions and litigation that precludes SCAQMD from issuing offsets from its own accounts.

NativeEnergy has contracted for the emission reduction credits from the tribal entity.

«Why would you spend money buying an emissions reduction credit from somebody when you're not under a compulsion to reduce emissions?»

The scientists highlighted Brazil's proposal to include prevention of deforestation in the market for CERs (Certified Emissions Reduction credits).

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.

Market mechanisms that enable the international transfer of greenhouse gas emission permits or emission reduction credits have been part of the international climate regime for two decades.