Sentences with phrase «of emissions reduction credits»

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

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.

But International Rivers says the CDM is «failing miserably and is undermining the effectiveness of the Kyoto Protocol» because most of the emission reduction credits are fake and come from projects that do not reduce emissions.

Not exact matches

Shell's emissions last year were 5Mt, so with their credits from Quest and their use of cogeneration, more than half of this could be offset, far exceeding the reductions which will be required under Alberta law.

So, as far as I can see, essentially the same outcome as the double - credits achieves, both in terms of revenue for Shell and cost to the CCEMF could have been achieved with a $ 15 per - ton - sequestered payment from the CCEMC without sacrificing the integrity of emissions reduction accounting within the offset program.

If the effects of the European emissions trading scheme (ETS)- which gives industries pollution credits to use or sell - are included, this reduction would be 23.6 per cent.

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.

So companies in the developed world have an annual limit on the level of greenhouse gas emissions they can produce, and if they exceed their cap, they can purchase credits generated by the emission reduction projects or low - carbon technologies in developing countries.

«On the phone a lot» to save Kyoto The exchange took place nearly three years after U.S. negotiators helped to broker the Kyoto Protocol, an international agreement that allowed wealthy countries to trade for emissions credits to cover some of their reduction responsibilities.

Developed countries got some of the flexibility they wanted: For instance, they can purchase emission credits from countries able to cut emissions beyond their required amount, or receive credit for emission reductions achieved through a project like a hydroelectric dam in a developing country.

Nor is the problem confined to the private sector; the government of Hungary explicitly sold carbon credits to Japan that had already been used to offset domestic emissions — in effect, double counting the same theoretical emission reductions.

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).

Besides trading carbon allowances among each other, companies included in Shenzhen and other Chinese carbon markets are also able to use offset credits generated by carbon - cutting projects to cover 5 to 10 percent of their emissions as a way of lowering emissions reduction costs.

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.

(A credit for a ton of CO2, called a certified emissions reduction, has been selling for about $ 15 in Europe.)

-- The Administrator, in accordance with the regulations promulgated under subsection (b)(1) and an agreement or arrangement described in subsection (b)(2)(A), shall issue international offset credits for greenhouse gas emission reductions achieved through activities to reduce deforestation only if, in addition to the requirements of subsection (b)--

«(ii) the offset credits issued by the Secretary do not compromise the integrity of the annual emissions reductions established under section 703 of the Clean Air Act; and

-- In this subsection, the term «sectoral basis» means the issuance of international offset credits only for the quantity of sector - wide reductions or avoidance of greenhouse gas emissions, or sector - wide increases in sequestration of greenhouse gases, achieved across the relevant sector of the economy relative to a domestically enforceable baseline level of absolute emissions established in an agreement or arrangement described in subsection (b)(2)(A) for the sector.

«(C) the reduction in emissions from deforestation has occurred before the issuance of the international offset credit and, taking into consideration relevant international standards, has been demonstrated using ground - based inventories, remote sensing technology, and other methodologies to ensure that all relevant carbon stocks are accounted;

This could be defined to limit the supply of offset credits to either emission reductions taking place or projects starting after a certain date.

To be effective, CORSIA has to address several challenging issues, such as ensuring the quality of offset credits and avoiding that emission reductions are accounted twice, i.e. in the generating country and under CORSIA.

These projects usually involve a project promoter (an aggregator) who oversees individual emissions reductions or sequestration activities as part of a single, umbrella project (an aggregation) that shares in the revenue from carbon credit sales.

Back in 2003, I felt that the technology to establish credits for «carbon removal» from the atmosphere was not sufficiently developed to warrant inclusion of such a system in an offset system proposed for Canada — even though removal of carbon from the atmosphere and long term sequestration seemed to have more merit than simple emission reduction.

April 21: «碳在中国的未来 (The Future of Carbon in China)» by John Romankiewicz, New Energy Finance, providing an overview on the demand projection for offsets from Chinese emissions reduction projects and look at the current outlook for CDM and disucssing the potential of domestic markets for credits (carbon and otherwise) based on China's NAMA action.

By registering an emission reduction project with a renowned carbon certificate standard, project owners generate revenue through the sale of carbon credits.

These tools include so - called «inside the fenceline» measures — a range of technologies and fuel choices to reduce the emissions of the plant itself — and the ability to use credits reflecting the emission reductions that result from ramping up generation at cleaner plants.

We see many problems with the current market systems under the convention, volatile credit prices, lack of real emissions reduction, rampant lack of additionality, lack of environmental integrity and human rights violations.

You'll still own all the VERs to be generated by a share of the alternate project (s)» generating capacity, adjusted for expected generation and expected operating life to produce at least your chosen number of tons of VERs over a term no longer than its Crediting Period, according to the standard under which the project is validated and its emissions reductions verified.

On February 14, 2002, President Bush directed the Department of Energy (DOE) to enhance the «accuracy, reliability, and verifiability» of the Voluntary Reporting of Greenhouse Gases Program (VRGGP), established pursuant to Section 1605 (b) of the 1992 Energy Policy Act, and «to give transferable credits to companies that can show real emission reductions.»

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.

GHG emission reductions from the project activity will be 136,936 tonnes of CO2 per year, with the total expected GHG emission reductions across the 10 year crediting period of 1,369,360 tonnes of CO2.

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.

To achieve the verification of carbon credits, the program team completed all the data collection with participating farmers and quantified greenhouse gas emission reductions in accordance with the ACR methodology.

It demonstrates that its intended emissions reductions are achievable through domestic measures and says explicitly that its use of carbon credits is «not included as a basis of the bottom - up calculation of Japan's emission reduction target».

To produce the up - front money needed for projects, The Environmental Services Development Agency strategy is to solicit private sector buyers in need of emissions reductions to buy carbon credits at approximately $ 3 per ton.

Nonetheless, it adds that emissions reductions achieved through its credits system, known as the Joint Crediting Mechanism, will be «appropriately counted», and will add up to a cumulative 50 - 100m tonnes of CO2 by 2030.

The policy also says that companies that promise a certain quantity of reductions in return for money from the $ 2.5 bn emissions reduction fund, but then don't manage to live up to their promises, could buy credits from companies that reduce emissions by more than they had envisaged.

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.

Accordingly, donors do not receive title to carbon credits or Verified Emissions Reductions (VERs), and COTAP also reserves the right to reject transactions which appear to be for the purposes of re-selling.

Based on a stricter emissions reduction in the context of a satisfactory international agreement, additional access to credits could be allowed, as well as the use of additional types of project credits or other mechanisms created under the international agreement.

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

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.

The provisions will seek to ensure that credits from Community projects do not result in double - counting of emission reductions nor impede other policy measures to reduce emissions not covered by the ETS, and that they are based on simple, easily administered rules.

Through the market mechanism the program provides, buildings are more readily able to reduce emissions, with the ability to sell reductions credits to buildings with sharp increase of energy consumption that are more costly to retrofit — driving greater emissions reductions at a reduced cost by all participants.

developed countries to meet part of their emission reduction obligations by purchasing carbon credits called

And emissions that remain must be «offset» by the purchase of carbon - reduction credits from the Pacific Carbon Trust, a new Crown corporation created specifically to acquire and sell a portfolio of «made-in-B.C.»

Though Brookings credits state and local efforts for the majority of this emissions reduction progress between 2000 and 2014, cleaner - burning natural gas is the real hero.

A ► tax credit is a reduction of tax in order to stimulate purchasing of or investment in a certain product, like heat - trapping gas (greenhouse gas) emission reducing technologies.

Title V: Agricultural and Forestry Related Offsets - Subtitle A: Offset Credit Program From Domestic Agricultural and Forestry Sources -(Sec. 502) Requires the Secretary to establish a program governing the generation of offset credits from domestic agricultural and forestry sources to ensure that: (1) offset credits represent verifiable and additional GHG emission reductions or avoidance, or increased sequestration; and (2) offset credits issued for sequestration offset projects are only issued for GHG reductions that result in a permanent net reduction in atmospheric GHGs.

C40 Cities Climate Leadership Group, 12 California, 7, 68, 102, 128, 169 - 170, 187, 196, 232 - 234, 245 California Energy Commission, 232 Cambridge Media Environment Programme (CMEP), 167 - 168 Cambridge University, 102 Cameron, David, 11, 24, 218 Cameroon, 25 Campbell, Philip, 165 Canada, 22, 32, 64, 111, 115, 130, 134, 137, 156 - 157, 166, 169, 177, 211, 222, 224 - 226, 230, 236, 243 Canadian Meteorological and Oceanographic Society (CMOS), 15 Cap - and - trade, 20, 28, 40 - 41, 44, 170, 175 allowances (permits), 41 - 42, 176, 243 Capitalism, 34 - 35, 45 Capps, Lois, 135 Car (see vehicle) Carbon, 98, 130 Carbon Capture and Storage (CCS), 192 Carbon Capture and Storage Association, 164 Carbon credits (offsets), 28 - 29, 42 - 43, 45 Carbon Cycle, 80 - 82 Carbon dioxide (CO2), 9, 18, 23, 49 - 51, 53, 55, 66 - 67, 72 - 89, 91, 98 - 99, 110, 112, 115, 118, 128 - 132, 137, 139, 141 - 144, 152, 240 emissions, 12, 18 - 25, 28 - 30, 32 - 33, 36 - 38, 41 - 44, 47, 49, 53, 55, 71 - 72, 74, 77 - 78, 81 - 82, 108 - 109, 115, 132, 139, 169, 186, 199 - 201, 203 - 204, 209 - 211, 214, 217, 219, 224, 230 - 231, 238, 241, 243 - 244 Carbon Dioxide Analysis Center, 19 Carbon Expo, 42 Carbon, footprint, 3, 13, 29, 35, 41, 45, 110, 132 tax, 20, 44, 170 trading, 13, 20, 40, 43, 44, 176, 182 Carbon monoxide (CO), 120 Carbon Reduction Commitment (CRC), 44 Carlin, George, 17 Carter, Bob, 63 Carter, Jimmy, 186, 188 Cato Institute, 179 CBS, 141, 146 Center for Disease Control, 174 Center for the Study of Carbon Dioxide and Global Change, 62, 139 Centre for Policy Studies, 219 CERN (European Organization for Nuclear Research), 96 Chavez, Hugo, 34 Chicago Tribune, 146 China, 29, 32 - 33, 60 - 62, 120, 169, 176, 187 - 188, 211, 216, 225 - 226, 242 - 243 China's National Population and Planning Commission, 33 Chinese Academy of Sciences, 60 Chirac, Jacques, 36 Chlorofluorocarbons, 42 - 43, 50 Choi, Yong - Sang, 88 Christy, John, 105 Churchill, Winston, 214, 220 Chu, Steven, 187 Citibank (Citigroup), 40, 176 Clean Air Act, 85, 128 - 129 Clean Development Mechanism, 42 Climate Action Partnership, 14 Climate alarm, 4, 13, 21, 32, 35, 38, 56, 102 - 103, 115 - 117, 120, 137, 156, 168, 173, 182 Climate Audit, 66 Climate change, adaptation, 39, 110, 112 mitigation, 16, 39, 110 Climate Change and the Failure of Democracy, 34 Climate Change: Picturing the Science, 121 Climate Change Reconsidered, 242 Climate conference, 38 Cancun, 18, 29, 36 - 37, 124 - 125, 242 Copenhagen, 33, 36, 109, 125, 156, 158, 175, 241 - 242 Durban, 13, 36 - 37, 166, 242 - 243 Climategate, 2, 67, 152, 158 - 170, 180, 182, 242 Climate Protection Agreement, 12 Climate Research Unit (CRU), 48, 67, 120, 147, 152 - 153, 158 - 160, 162 - 163, 165 - 167, 169 Climate Science Register, 142 Climatism, definition, 2, 7 Clinton, Bill, 176, 178 Clinton Global Initiative, 176 CLOUD project, 96 Club of Rome, 21, 186 CO2Science, 59, 61 - 62, 66, 131 Coal, 19 - 20, 39 - 41, 80, 126, 128 - 129, 175, 185 - 186, 188 - 190, 192 - 196, 199 - 201, 209, 214, 217, 219, 222, 229 Coase, Ronald, 145 Coca - Cola, 138 Cogley, Graham, 156 Cohen, David, 220 Colorado State University, 117, 181 Columbia University, 7 Columbus, Christopher, 58 Computer models, 16, 51 - 53, 56, 67, 72, 74,77 - 79, 82, 87, 89 - 91, 94, 105, 110 - 111, 120, 124, 138 - 140, 168, 171,173, 181, 238, 240, 246 Conference on the Changing Atmosphere, 15 Consensus, scientific, 12 Copenhagen Business School, 134 Coral, 53 Corporate Average Fuel Economy, 22 - 23 Cosmic Rays, 72, 93 - 99, 180 Credit Suisse, 176 Crow, Cheryl, 30 Crowley, Tom, 167 Cuadrilla Resources, 224 - 225 Curry, Judith, 164, 167 Cycles, natural, 3, 16, 57, 62 - 63, 66 - 69, 72, 80, 99, 103, 138, 238, 240 Milankovich, 62, 67, 80 Cyprus, 134 Czech Republic, 12, 37