Sentences with phrase «with emission reduction credits»

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.

VERs - Voluntary Emissions Reduction credits - are not compliant with the UN mechanisms and are verified instead by non-government organisations.

As the governor conferred with his top staff members, federal law enforcement authorities say his then - executive deputy secretary, Joseph Percoco, and a former longtime friend and adviser, Todd Howe, were secretly exploiting their political muscle in a bribery scheme that would help the energy company, Competitive Power Ventures, purchase pollution «emission reduction credits» from New York state.

In August 2013, at Percoco's request, the governor's office instructed DEC officials to sign a reciprocity agreement with New Jersey allowing power plants to trade emission reduction credits purchased in either state, prosecutors say.

-- 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)--

In addition, no international offset credits shall be issued for emission reductions from activities with respect to which emission allowances were allocated under section 781 for distribution under part E.

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

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.

A new report assesses the credit risks that power plants face from the global transition to an economy with lower carbon dioxide emissions and finds that some U.S. coal plants are still exposed to those risks, despite Trump administration efforts to roll back CO2 reduction rules.

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.

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.

Those who believe they can profit from carbon credits because polluters with emission caps will pay for them point to the Kyoto Protocol's Clean Development Mechanism, which allows parties to meet their emission reduction obligations by paying developing countries to grow forests onto land cleared long ago.

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.

In addition, no international offset credits shall be issued for emission reductions from activities with respect to which emission allowances were allocated under section 781 for distribution under part E.

Through the Clean Development Mechanism (CDM), a provision in the Kyoto Protocol that encourages developed nations to share clean technologies with the developing world, countries can earn certified emissions reduction credits (CERs) by investing in clean energy projects.

«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.

«(E) requires that all credits issued are registered in a publicly accessible registry, with individual serial numbers assigned for each ton of carbon dioxide equivalent emission reductions, avoidance, or sequestration; and

-- 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)--

Fourth, and of great importance, a domestic cap - and - trade system can be linked directly and cost - effectively with cap - and - trade systems and emission - reduction - credit systems in other parts of the world to keep costs down domestically.

Similarly, CPP set emissions reduction targets for individual states, but left open the formula for how to meet those goals, whether through retiring dirty power plants, building up renewables, or trading compliance credits with other states.

The Prime Minister's Task Group recommends a process based closely on the Clean Development Mechanism of the Protocol, which allows firms with carbon reduction obligations to generate credits by investing in emission reductions in poor countries.

If these credits come from projects with poor environmental integrity, the CDM will continue to undermine the already weak emissions reduction targets.

The landmark Paris Agreement confirmed that a global market for carbon credits is inevitable with a growing demand for emissions reductions and a need for complete transparency and trust in carbon accounting.