Sentences with phrase «using international offsets»

The United States and the EU both took a pass on using international offsets to meet their targets, though their climate plans do not preclude the use of domestic carbon markets to lower emissions.

«If the Senate bill in its final form does not allow companies to use international offsets to achieve their targets, then the U.S. as a source of funding for REDD would die,» said Daniel Nepstad, a senior scientist with the Woods Hole Research Center, which is a member of Hurowitz's Tropical Forest and Climate Coalition, meaning other countries might have to fill that gap with their own funding and offset needs.

The commission breaks with Waxman - Markey over the extent to which industries can use international offsets — such as projects to prevent deforestation or reforest areas — to meet emission - reduction requirements.

Not exact matches

On the indirect land - use side, policymakers should encourage mitigating or offsetting strategies from biofuels producers that help to address external land - use problems while we try to fix the international policy problems.

«(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;

-- Notwithstanding subparagraph (A), to demonstrate compliance prior to calendar year 2018, a covered entity may use 1 international offset credit in lieu of an emission allowance up to the amount permitted under this paragraph.

-- The Administrator may establish by regulation criteria and procedures for determining whether, and for implementing a determination that, the expiration of an allowance, offset credit, or term offset credit, established or issued under the American Clean Energy and Security Act of 2009 or the amendments made thereby, or expiration of the ability to use an international emission allowance to comply with section 722, is necessary to ensure the authenticity and integrity of allowances, offset credits, or term offset credits or the allowance tracking system.

«(B) international offset credits may be sold at a strategic reserve auction under this subsection only if the Administrator determines that it is highly likely that covered entities will, to cover emissions occurring in the year the auction is held, use offset credits to demonstrate compliance under section 722 for emissions equal to or greater than 80 percent of 2 billion tons of carbon dioxide equivalent;

Not more than one half of the applicable percentage under this paragraph may be used by holding domestic offset credits, and not more than one half of the applicable percentage under this paragraph may be used by holding international offset credits, except as provided in subparagraph (C).

«(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;

«(i) increase the percentage of emissions that can be offset through the use of international offset credits to reflect the amount that 1.0 billion exceeds the number of domestic offset credits the Administrator determines is available, at prices generally equal to or less than emission allowance prices, for that year, up to a maximum of 0.5 billion tons of greenhouse gas emissions; and

Countries are considering using CERs from emission reductions up to 2020 to achieve post-2020 mitigation targets, under both the Paris Agreement and the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA).

Arizona's tax code, like that of many state, national and international governments, includes a series of tax credits individuals and corporations may use to offset taxes owed.

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The International Carbon Reduction and Offset Alliance (ICROA) has become synonymous with best practice in the voluntary carbon market and all members only use offsets verified under the most widely respected compliance and voluntary standards.

The basis for their view typically is that natural resources are being used to promote their general economic development, and that this approach more than offsets the notional loss of value by selling the resource domestically at a price below the international price.

Today, for the first time ever, the International Civil Aviation Organization (ICAO) agreed to allow the airline industry to use a global carbon market - based measure known as the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) to achieve its carbon - neutral growth pledge.

The position taken by the Australian government in UNFCCC negotiations has been largely counterproductive, including: its membership of the Umbrella Group of delayer countries; its prioritization of a post-2020 agreement over raising ambition as is urgently required; its insistence on a meaninglessly weak Kyoto Protocol second commitment period target for Australia; its unreasonable conditions for Australia to increase its Kyoto target; its refusal to countenance even conditional targets deeper than 25 % below 2000; its pursuit of creative accounting rules for LULUCF (land use, land use change, and forestry) in both Kyoto commitment periods [v]; its intended reliance on international offset mechanisms; and its failure to provide finance for developing countries.

International investment and interest in oil production, as well as international sales and use of oil, are logically offset by international concern regarding cliInternational investment and interest in oil production, as well as international sales and use of oil, are logically offset by international concern regarding cliinternational sales and use of oil, are logically offset by international concern regarding cliinternational concern regarding climate impacts.

Authorizes EPA to increase the allowable percentage for international offset to up to 1.5 billion tons if it determines use of domestic offsets will not be maximized.

This «international tax» should be used to offset climate change by way of a zero interest fund to build solar and wind powered generating plants.

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.

Not more than one half of the applicable percentage under this paragraph may be used by holding domestic offset credits, and not more than one half of the applicable percentage under this paragraph may be used by holding international offset credits, except as provided in subparagraph (C).

«For the purposes of decreasing the likelihood of catastrophic climate change, preserving tropical forests, building capacity to generate offset credits, and facilitating international action on global warming, the Administrator shall set aside the percentage specified in section 781 of the quantity of emission allowances established under section 721 (a) for each year, to be used to achieve a reduction of greenhouse gas emissions from deforestation in developing countries in accordance with part E.

«(B) international offset credits may be sold at a strategic reserve auction under this subsection only if the Administrator determines that it is highly likely that covered entities will, to cover emissions occurring in the year the auction is held, use offset credits to demonstrate compliance under section 722 for emissions equal to or greater than 80 percent of 2 billion tons of carbon dioxide equivalent;

-- The Administrator may establish by regulation criteria and procedures for determining whether, and for implementing a determination that, the expiration of an allowance, offset credit, or term offset credit, established or issued under the American Clean Energy and Security Act of 2009 or the amendments made thereby, or expiration of the ability to use an international emission allowance to comply with section 722, is necessary to ensure the authenticity and integrity of allowances, offset credits, or term offset credits or the allowance tracking system.

«(i) increase the percentage of emissions that can be offset through the use of international offset credits to reflect the amount that 1.0 billion exceeds the number of domestic offset credits the Administrator determines is available, at prices generally equal to or less than emission allowance prices, for that year, up to a maximum of 0.5 billion tons of greenhouse gas emissions; and

«(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;

A group of over 30 California - based organizations yesterday sent a letter to Governor Brown urging him to reject the use of international forest carbon offsets credits in the state's cap and trade system.

San Francisco, Calif. — A group of over 30 California - based organizations yesterday sent a letter to Governor Brown urging him to reject the use of international forest carbon offsets credits in the state's cap and trade system.

However, the INDC allows for the country to heavily use international market mechanisms, such as offsets or through carbon trading, to reach its goals.

With green electricity solutions, First Climate offers a flexible and simple solution to offset emissions using Guarantees of Origin (GoOs), International Renewable Energy Certificates (IRECs) and North American Renewable Energy Certificates (RECs).

The agreement would therefore include common international accounting and reporting standards for countries taking on targets in four key areas: 1) comprehensive reporting and review of national GHG emissions; 2) common standards for quantifying, reporting, and reviewing emission reductions, including from changes in land use, land - use change, and forestry; 3) common standards for national GHG registries and 4) common methodologies for estimating emission reductions from developing country projects or programs funded by developed countries (known as offsets).

One of the nastiest details in the earlier proposals was the use of international credits as offsets for carbon emitted in Australia.

The use of credits from the UN-backed international offset markets also doubled in 2012 as companies looked to exploit a closing loophole previously described as «perverse» by Sandbag.

Under California's laws as currently written, international REDD credits can be used to offset a grand total of just 74 million tons of carbon emissions from 2012 to 2020 — and that's the best - case scenario.

The document contained just three paragraphs on the use of markets, and they clearly leave the door open to international offsets — but just a crack:

He also reiterated the federal government's longstanding view that international funding for programs that slow deforestation («REDD +») should be performance - based, but not offset - based — meaning that foreign governments can fund REDD initiatives within Brazil, but they can not use emission - reductions achieved to offset their own emissions.

Wording in the document leaves room for international emission - reduction «units», but it explicitly prevents other countries from using those units to offset their own emissions.

As part of its greening strategy, which includes reducing actual greenhouse gas emissions 25 % by 2010 by reducing packaging 20 %, supplying at least 50 % of the energy used at its bottling facility with renewable energy and optimizing logistics to take advantage of more carbon efficient modes of transportation, the company has partnered up with Conservation International to create carbon offsets through reforestation of Yaqara Valley, Viti Levu, Fiji.