Sentences with phrase «tradable credits»
The phrase "tradable credits" refers to a system where certain credits or permits can be bought, sold, or exchanged like a currency. These credits are usually used to regulate or limit certain activities that may harm the environment or violate regulations. People or businesses can trade these credits to either increase or decrease their own allowable limits. Full definition
«Tradable credits system design and cost savings for a national low carbon fuel standard for road transport.»
mpra.ub.uni-muenchen.de
A Solar Renewable Energy Credit (SREC) is a tradable credit generated by solar installations that utilities can purchase to meet this percentage.
Mechanism created by a state statute or regulatory action to make it easier to track and trade renewable energy — A single REC represents a tradable credit for each unit of energy produced from qualified renewable energy facilities, thus separating the renewable energy's environmental attributes from its value as a commodity unit of energy.
Western European countries fund energy projects in the developing world in order to obtain Certified Emission Reduction credits (CERs), tradable credits that enable Europeans to count foreign emission reductions towards their own domestic emission reduction targets.