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Carbon credit definition

Carbon credit means a verified reduction in carbon dioxide or carbon dioxide equivalents that is registered with a state, national, or international trading authority or exchange that has been recognized by the council.
Carbon credit means assistance provided to entities engaged in emissions-intensive trade activities in the form of free or discounted allocation of carbon units or such other form of assistance as determined by the Commonwealth of Australia;
Carbon credit means any and all transferrable or assignable interests (whether being in property, equity or contract or otherwise) in an instrument, certificate, permit, asset, security, right, contract or allowance that is designated as a deliverable instrument for an ICE Deliverable Carbon Credit Contract in the relevant Contract Terms.

Examples of Carbon credit in a sentence

  • The Riverse Registry allows Users to purchase, hold or transfer Riverse Carbon Credit.

  • The price for the transfer of Riverse Carbon Credit (a “CC Transfer”) will be agreed between the Seller and the Purchaser.

  • Upon receiving notification from the Client or a Financial Market Settlement System or Scheme Regulator that there has been an erroneous or fraudulent dealing related to Riverse Carbon Credits in the Riverse Registry, Riverse may, via the Electronic Money Institution reverse the transaction or movement of Riverse Carbon Credits or remove any Riverse Carbon Credit being held in an Account or in accordance with any instructions received from the Client or the relevant Financial Market Settlement System.

  • Accordingly, where applicable to the User, before a Project Activity can be listed or a Riverse Carbon Credit issued, the User must provide Riverse with appropriate documentation for its approval in accordance with the Riverse Procedures Manual set out by Riverse.

  • For the avoidance of doubt, the extinguishment of legal and beneficial title and interests in the Riverse Carbon Credit does not prevent the User (or any other person with Legal or Beneficial Ownership Rights on whose behalf the Riverse Carbon Credit is cancelled or retired) from making offsetting claims corresponding to the Riverse Carbon Credit cancelled or retired.


More Definitions of Carbon credit

Carbon credit means a verified reduction in carbon dioxide or carbon dioxide equivalents that is registered with a state, national, or international trading authority or exchange that has been recog- nized by EFSEC.
Carbon credit means a verified reduction in carbon dioxide or
Carbon credit means a carbon credit mentioned in section 26;
Carbon credit means an Environmental Attribute consisting of greenhouse gas emission credits, certificates, or similar instruments.
Carbon credit means one metric ton of carbon dioxide
Carbon credit means an emission reduction of one metric ton of carbon dioxide (or carbon dioxide equivalent) resulting from greenhouse gas emissions reductions.
Carbon credit means carbon credits as defined in Table 2 of Annex II of Commission Delegated Regulation (EU) …/… of … supplementing Directive (EU) 2022/2464 of the European Parliament and the Council];