Sentences with phrase «emissions trading obligations»

The main criteria here is the likelihood that a company would shift its operations to a country outside of Europe because of its emissions trading obligations (so - called «carbon leakage»).
Therefore, companies need a robust strategy to efficiently meet their emissions trading obligations.

Not exact matches

Managing obligations under the emissions trading system is a challenge for many European businesses.
These offset types are both eligible to be converted to ARB compliance Offset Credits, which can be used by California entities to help meet their emissions reductions obligations in the Cap - and - Trade Program.
New Zealand last month chose to align climate efforts with the largest emitters such as U.S. and China by taking its pledge under the United Nations Convention Framework, after passing changes to its emissions trading scheme that critics including the Green Party said weakened its obligations.
But SoCal Gas is under no such obligation, because the Porter Ranch plume is comprised of «fugitive emissions», which are «those emissions which are unintentional and could not reasonably pass through a stack, chimney, vent, or other functionally - equivalent opening,» according to the California Air Resources Board (CARB), which oversees the state's cap - and - trade system.
Regulatory approval of a fertilizer management offset methodology would enable GHG emission offsets created by farmers to be sold to regulated entities with mandatory emission reduction obligations under the cap - and - trade program.
To meet their emissions reduction obligations, regulated entities can reduce emissions on - site, trade emissions reductions achieved beyond the cap, or use emissions reductions generated in the state from a wide variety of project categories, nine of which are cited ACR offset project types.
ROCs are eligible to be transitioned to Air Resource Board (ARB) compliance Offset Credits, which can be used by California entities to help meet their emissions reductions obligations in the Cap - and - Trade Program.
In turn, the choice of a market regulation that relies on a financialized concept (emissions trading) rather than a binding tax obligation.
To enable trading, rules are established that allow those entities with caps to meet their obligations either by purchasing unneeded allowances from others that have caps, funding projects that reduce emissions at places under the control of others, or purchasing off - sets created by carbon reduction projects somewhere in the world.
It will soon become intolerable for US and Australian firms to gain a trade advantage because they do not face restrictions on their greenhouse gas emissions similar to those from nations that are meeting their international obligations.
European Union Emissions Trading Scheme — a market - based «cap and trade» system for GHGs adopted by European Union member states in January 2005 in advance of their obligations under the Kyoto Protocol
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