Sentences with phrase «equivalent number of allowances»
Assuming a company gets 90 per cent of its allowances for free, and can meet eight per cent of its remaining commitment through offsets, it could meet its compliance obligation either by a minimal two per cent reduction in its emissions, or the purchase of an equivalent number of allowances.
https://thetyee.ca/ Not exact matches
(ii) Insurance that provides for purchase and provision to the Secretary for retirement of a quantity of offset credits or emission allowances equal in number to the tons of carbon dioxide equivalents of greenhouse gas emissions released due to reversal.
«(B) Insurance that provides for purchase and provision to the Administrator for retirement of an amount of offset credits or emission allowances equal in number to the tons of carbon dioxide equivalents of greenhouse gas emissions released due to reversal.
At the end of each compliance period (two years for the first period, three years for the next two), polluters must then submit a number of allowances equal to the number of tons of carbon (or the equivalent to a ton of carbon dioxide for other greenhouse gases) that they emitted.
-- Not later than 90 days after the end of each calendar year, the Administrator shall establish and distribute to the entity taking the actions described in subparagraph (A), (B), or (C) of paragraph (1) a quantity of compensatory allowances equivalent to the number of tons of carbon dioxide equivalent of avoided emissions achieved through such actions.
«(B) Insurance that provides for purchase and provision to the Administrator for retirement of an amount of offset credits or emission allowances equal in number to the tons of carbon dioxide equivalents of greenhouse gas emissions released due to reversal.
-- If the Administrator adjusts under this paragraph the number of emission allowances established pursuant to paragraph (1), the Administrator shall use the carbon dioxide equivalent values established pursuant to section 712.
The total number of allowances is equivalent to the overall emissions cap (e.g. if a cap of 1 mm tons of emissions is set, 1 mm one ton allowances will be issued).