Sentences with phrase «such international offset»

«(C) upon sale of such international offset credits, the Administrator shall retire those international offset credits, and establish and provide to the purchasers a number of emission allowances equal to 80 percent of the number of international offset credits so retired, which allowances shall be in addition to those established under section 721 (a); and
Entities requesting that such international offset credits be offered for sale at a strategic reserve auction may not set a minimum reserve price for their international offset credits that is different than the minimum strategic reserve auction price set pursuant to subsection (c).
-- When the Administrator acts under this subsection as the agent of an entity in possession of international offset credits, the Administrator is not obligated to obtain the highest price possible for the international offset credits, and instead shall auction such international offset credits in the same manner and pursuant to the same rules (except as modified in paragraph (1)-RRB- as set forth for auctioning strategic reserve allowances.
«(A) such international offset credits will be used to fill bid orders only after the supply of strategic reserve allowances available for sale at that auction has been depleted;
Authorizes the EPA Administrator to sell such international offsets at the auction under certain conditions.

Not exact matches

The commission breaks with Waxman - Markey over the extent to which industries can use international offsetssuch as projects to prevent deforestation or reforest areas — to meet emission - reduction requirements.
In the interim, many airlines are offering ways to offset the greenhouse gas emissions associated with air travel, such as U.S. - based Delta Air Line's program with The Conservation Fund to plant trees in return for $ 5.50 that passengers are given the option of adding to the price of a domestic round - trip ticket or $ 11 for international round - trip flights.
In modifying or omitting such a requirement on the basis of infeasibility, the Administrator, in consultation with the Secretary of State and the Administrator of the United States Agency for International Development, shall ensure, with an adequate margin of safety, the integrity of international offset credits issued under this section and of the greenhouse gas emissions cap established pursuant toInternational Development, shall ensure, with an adequate margin of safety, the integrity of international offset credits issued under this section and of the greenhouse gas emissions cap established pursuant tointernational offset credits issued under this section and of the greenhouse gas emissions cap established pursuant to section 703.
«(i) the average daily closing price for international offset credits sold on registered exchanges (or if such price is unavailable, the average price as determined by the Administrator) during the six months prior to the strategic reserve auction at which they were auctioned, with the remaining funds collected upon the sale of the international offset credits deposited in the Treasury; and
-- The regulations promulgated under section 721 (h) shall allow any entity holding international offset credits from reduced deforestation issued under section 743 (e) to request that the Administrator include such offset credits in an upcoming strategic reserve auction.
-- The Administrator, in consultation with the Secretary of State, may issue international offset credits in exchange for instruments in the nature of offset credits that are issued by an international body established pursuant to the United Nations Framework Convention on Climate Change, to a protocol to such Convention, or to a treaty that succeeds such Convention.
-- In promulgating regulations under subsection (b)(1) with respect to the issuance of international offset credits under subsection (c), (d), or (e), the Administrator, in consultation with the Secretary of State and the Administrator of the United States Agency for International Development, may modify or omit a requirement of this part (excluding the requirements of this section) if the Administrator determines that the application of that requirement to such subsection is international offset credits under subsection (c), (d), or (e), the Administrator, in consultation with the Secretary of State and the Administrator of the United States Agency for International Development, may modify or omit a requirement of this part (excluding the requirements of this section) if the Administrator determines that the application of that requirement to such subsection is International Development, may modify or omit a requirement of this part (excluding the requirements of this section) if the Administrator determines that the application of that requirement to such subsection is not feasible.
-- If the Administrator determines that the provisions of this section regarding banking, allowance rollover, or destruction offset credits create a significant potential for inconsistency with the requirements of any applicable international agreement to which the United States is a party or otherwise adheres, the Administrator may promulgate regulations restricting the availability of banking, allowance rollover, or destruction offset credits to the extent necessary to avoid such inconsistency.
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In addition, REDD + is likely to rely on two sources of funding: through carbon market offsets, where polluters in rich countries purchase carbon credits from local communities and developing nations that maintain their forests, or through bilateral deals, such as the Norwegian government's International Forests and Climate Initiative.
Provides for: (1) the distribution, auction, banking, exchange, and international transfer of such allowances; and (2) the issuance of offset credits for the destruction of CFCs.
Requires the EPA Administrator to: (1) use the proceeds to purchase international offset credits issued for reduced deforestation activities; (2) retire those credits and establish a number of emission allowances equal to 80 % of the number of international offset credits retired; and (3) deposit such allowances in the Reserve.
«(i) the average daily closing price for international offset credits sold on registered exchanges (or if such price is unavailable, the average price as determined by the Administrator) during the six months prior to the strategic reserve auction at which they were auctioned, with the remaining funds collected upon the sale of the international offset credits deposited in the Treasury; and
The Administrator may issue international offset credits under this subsection only if, in addition to the requirements of subsection (b), the Administrator has determined that the international body that issued the instruments has implemented substantive and procedural requirements for the relevant project type that provide equal or greater assurance of the integrity of such instruments as is provided by the requirements of this part.
The quantity of international offset credits shall be determined by comparing the project - level or program - level emissions from deforestation to a deforestation baseline for such project or program established pursuant to subparagraph (C).
-- If the Administrator determines that the provisions of this section regarding banking, allowance rollover, or destruction offset credits create a significant potential for inconsistency with the requirements of any applicable international agreement to which the United States is a party or otherwise adheres, the Administrator may promulgate regulations restricting the availability of banking, allowance rollover, or destruction offset credits to the extent necessary to avoid such inconsistency.
«It emerged at the international level, through the combination of, among others: (1) the conservationist interests of big environmental NGOs in the North, (2) the interests of national and sub-national governments in the North seeking low - cost alternatives to supposedly «offset» their continued and excessive emissions of pollutants and greenhouse gases, (3) the interests of national and sub-national governments in the South seeking to obtain financial resources for the «protection» of forests in their countries, (4) the interests of corporations that could profit from market - tradable «offset» credits, including through speculation on secondary (derivatives) markets, which would allow them to continue destroying the forests for the extraction of timber, minerals or oil, the establishment of monoculture plantations, etc., thus expanding their business opportunities, and (5) the interests of consultants and other actors involved in financial capital markets who want to turn «unexploited» forests into a new market for this type of capital, through the commercialization of «environmental services» such as carbon sequestration, among others.»
However, the INDC allows for the country to heavily use international market mechanisms, such as offsets or through carbon trading, to reach its goals.
As global initiatives such as the Paris Agreement and the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) come into effect, carbon neutrality has triggered a new wave of interest in sustainability from leading organizations.
With the intrinsic global warming implied by such destruction of carbon, international action is already forcing replanting as carbon offset programmes.
With such data and the carbon credits measured, the community was able to enter into the international carbon offset markets.
As he saw it, the FTC's workshop - whose outcome we won't know for some time - showed that there were two competing lobbies over the RECs as offsets issue: a coalition of U.S. and international energy firms that support RECs on one hand, and a diverse international array of offset aggregators, brokers and developers represented by organizations such as the International Emission Trading Association (IETA) which supinternational energy firms that support RECs on one hand, and a diverse international array of offset aggregators, brokers and developers represented by organizations such as the International Emission Trading Association (IETA) which supinternational array of offset aggregators, brokers and developers represented by organizations such as the International Emission Trading Association (IETA) which supInternational Emission Trading Association (IETA) which support offsets.
Our attorneys advise companies on preventative measures such as creating global carbon emissions programs; finding cost - effective emissions reductions; and structuring international emissions to offset transactions.
Atlas International offers up to $ 10,000 (or up to $ 100,000 if *** additional coverage is selected) to offset costs associated with kidnapping, such as ransom, crisis response expenses, and loss of personal belongings.
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