Carbon credit
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Carbon credit
A term that refers to three types of units of greenhouse gas reductions defined under the Kyoto Protocol.
Also found in: Dictionary, Wikipedia.
References in periodicals archive
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Bond holders have the option to redeem bonds in exchange for carbon credits they receive by reducing greenhouse gas emissions.
The Chiller Station L Project also records high rates of reduction of 26,800 tonnes of carbon dioxide per year, one of the few CDM projects in the Gulf producing carbon credit units, where 95,197 carbon credit units have been issued so far.
The Finance Bill proposes to levy a tax of 10% on income earned on transfer of carbon credits.
has become the first ship owner to receive carbon credits through a landmark scheme developed by AkzoNobel.
Carbon Credit Capital is a leader in global carbon mitigation projects and has been an active participant in the carbon markets since 2006.
Over the course of the next seven years (2014 to 2020), Cyprus may raise some e1/480m from the auctioning off of carbon credits, minister of agriculture and the environment Nicos Kouyialis said yesterday.
The UK Insolvency Service and the Financial Conduct Authority has warned inexperienced investors against buying carbon credits after nearly 200 companies scammed [pounds sterling]24m from buyers.
What isn't prudent is the game of cat and mouse (without the cat) behind carbon credit schemes and contraptions.
5 million tonnes when some analysts predict carbon credit prices could exceed $25 per tonne.
Under the international carbon credit system, industrialized economies, which account for the bulk of global greenhouse gas emission, put up funds that will finance environment-friendly projects.
However, holders of the Carbon Farming Initiative credits will be able to sell to international buyers from 2015 as Australian Carbon Credit Units, or ACCUs, which will be designed to qualify as either Kyoto-compliant ACCUs or National Carbon Offset Standard units.
Carbon credit assets (both granted and purchased) ; and
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