Carbon Credits. The Company and BPDB acknowledge that registration of the Project for Carbon Credits marketing and distribution of benefits of Carbon Credits generated by the Facility shall be in accordance with [the GOB’s relevant policy for development of renewable energy for power generation, as amended or replaced from time to time, which shall govern the matters related to carbon credits for the Project]. Such registration shall be carried out expeditiously and the Company shall pursue the sale of the Carbon Credits diligently. For avoidance of doubt:
Carbon Credits. The Parties acknowledge that registration of the Project for Carbon Credits marketing and distribution of benefits of Carbon Credits generated by the Complex shall be in accordance with the Policy for Development of Renewable Energy for Power Generation 2006, as amended from time to time, that shall govern the matters afore-said. For the avoidance of doubt, the amounts realized from the sale of Carbon Credits shall not be set-off or netted against the Energy Payments.
Carbon Credits. 9.1 Cambridge shall make all efforts to qualify for the certification of Carbon Credits as they are anticipated and ultimately earned from any EOR and/or sequestration activity Cambridge may undertake. CMT will assist Cambridge in its efforts. The Company shall cooperate with Cambridge as Cambridge seeks recognition of CO2 which is, or has been, sequestered or otherwise used for EOR, as “banked units” in anticipation of future qualification as certified credits.
Carbon Credits. The Property Owner hereby agrees that any carbon credits attributable to the Improvements shall be owned by PACE Funding Group LLC or its assignee.
Carbon Credits shall retain title to any and all carbon credits associated with the Biodiesel sold pursuant to this Agreement END OF DOCUMENT-NO SIGNATURE REQUIRED. *** Confidential material redacted and filed separately with the Commission. Appendix A to 2011 REG - Pilot Contract Store Number Store Name JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC TOTAL ***
Carbon Credits. 7.1 The Parties recognize that CDM benefits are necessary for the viability of the Agricultural DSM Pilot Project.
Carbon Credits. 11.5.1 The Parties acknowledge that the Complex has the potential to produce substantial Carbon Credits (e.g. Certified Emissions Reduction units under the Clean Development Mechanism, CDM) and other environmental air quality benefits (economic or otherwise) related to the generation of energy after the Availability Date. The Parties also acknowledge that this Agreement creates incremental costs related to the sale of power that are borne by the Purchaser. The Parties therefore agree that any and all such fungible (tradable) Carbon Credits obtained by the Complex shall be marketed by the Seller, and the proceeds from the open sale of such Credits shared between the Purchaser and the Seller..
Carbon Credits. The Parties anticipate that Carbon Credits may be generated by, arise from or otherwise be created in connection with the Sales Volume. To the extent Carbon Credits are so generated or created, all Carbon Credits shall be apportioned as follows:
Carbon Credits. In the absence of carbon regulations or legislation directly affecting BPA, BPA intends to convey the value of any future Carbon Credits associated with resources whose costs are recovered in Tier 1 or Tier 2 Rates to Jefferson on a pro rata basis in the same manner as described for Tier 1 RECs and Tier 2 RECs in sections 3 and 4 of this exhibit. This value may be conveyed as: (1) the Carbon Credits themselves;
Carbon Credits. The Phase III Cogeneration Facility Contractor shall retain any and all rights, including, but not limited to, ownership and the right of disposition of all Carbon Credits for Landfill Gas used for electrical energy generation at the Phase III Cogeneration Facility.
