Sentences with phrase «voluntary emission trading»

Especially through Article 6 the important role of providing incentives for emission reduction activities, including voluntary emission trading and carbon pricing, is recognized.

Not exact matches

U.K. ETS = United Kingdom Emissions Trading Scheme, a voluntary market.
Credits are being sold on voluntary carbon - trading markets (for companies and individuals seeking to offset emissions contributing to global warming).
The European Union, home of the EU Emissions Trading System, hosts the largest number of buyers — both compliance - driven and voluntary — since even companies in unregulated sectors are more familiar with market - based mechanisms for emissions reEmissions Trading System, hosts the largest number of buyers — both compliance - driven and voluntary — since even companies in unregulated sectors are more familiar with market - based mechanisms for emissions reemissions reductions.
Virtually all of the activity documented in the report took place in the voluntary markets, while most media coverage of carbon trading has focused on the European Union's top - down Emissions Trading Scheme (EU ETS) that was initiated to handle credits and offsets generated under the United Nations Framework Convention on Climate Change (Utrading has focused on the European Union's top - down Emissions Trading Scheme (EU ETS) that was initiated to handle credits and offsets generated under the United Nations Framework Convention on Climate Change (UTrading Scheme (EU ETS) that was initiated to handle credits and offsets generated under the United Nations Framework Convention on Climate Change (UNFCCC).
A range of policy instruments is available to mitigate climate change including carbon taxes, emissions trading, regulation, information measures, government provision of goods and services, and voluntary agreements.
For the avoidance of doubt, Gross Revenues shall (A) exclude monies received from any source other than the sale of electric energy and capacity, including, without limitation, any of the following: (i) any federal, state, county or local tax benefits, grants or credits or allowances related to, derived from, or granted to the Wind Energy Project or Grantee, including, but not limited to, investment or production tax credits, or property or sales tax exemptions, (ii) proceeds from financing activities, sales, assignments, partial assignments, contracts (other than the power purchase agreement) or other dispositions of or related to the Wind Energy Project (such as damages for breach of contract or liquidated damages for delays in project completion or failures in equipment performance), (iii) amounts received as reimbursements or compensation for wheeling costs or other electricity transmission or delivery costs, and (iv) any proceeds received by Grantee as a result of damage or casualty to the Wind Energy Project, or any portion thereof and (B) include any revenues derived from Grantee's sale of carbon dioxide trading credits, renewable energy credits or certificates, emissions reduction credits, emissions allowances, green tags, tradable renewable credits, or Green - e ® products, any of which are allocated to Grantee, if applicable, through its participation in any voluntary registry, association or market - based exchange.
Milloy writes, «although the trading in carbon emissions credits was voluntary, the CCX was intended to be the hub of the mandatory carbon trading established by a cap - and - trade law.
The weakness of the scheme and the fact that emissions reductions achieved through voluntary action or the newly announced home insulation scheme don't attract credits have led to a revival of the debate over the merits of a carbon tax, as an alternative to emissions trading.
This spring, Oakland became the second U.S. municipality to join the Chicago Climate Exchange (CCX)-- North America's first and only voluntary, but legally binding, emissions - trading market.
The American Carbon Registry, a leading voluntary and California compliance Cap - and - Trade Offset Project Registry, in 2012 approved a methodology developed by Tierra Resources, which quantifies the greenhouse gas emission reductions and carbon sequestration associated with restoring degraded deltaic wetlands in the Mississippi Delta.
The IATA does say that it could support carefully designed carbon trading policies, though it prefers voluntary agreements to regulation, and it claims that such schemes should be restricted to carbon dioxide only, and that other emissions should be tackled by «other means» (no mention is made of what these means might be).
Though probably an unintended consequence, ratifying the Kyoto Protocol and fast - tracking a national emissions trading scheme are making it crunch time for the voluntary carbon market too.»
The negligence of EU environmental policy in the Commission's 2004 Guidelines on Application of Article 81 (3) of the Treaty and the 2010 Guidelines on Horizontal Co-Operation Agreements is seriously worrying in that respect, particularly since EU environmental policy is based increasingly on market based instruments (e.g. emissions trading, tax instruments, voluntary environmental agreements) to achieve EU environmental goals.
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