Carbon offset definition

Carbon offset means a competitively procured, third-party verified project or program which, with the funding provided through the purchase of the offset, results in the permanent, indefinite storage or sequestration of carbon dioxide.

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Carbon offset means an instrument, credit or other certification verifying the reduction of GHG emissions issued by the Climate Action Reserve, the American Carbon Registry, or Verra (previously, the Verified Carbon Standard). This shall include, but is not limited to, an instrument, credit or other certification issued by these registries for GHG reduction activities within the San Diego County region. The Project shall neither purchase offsets from the Clean Development Mechanism (CDM) registry nor purchase offsets generated under CDM protocols. Further, no carbon offsets shall originate from international areas, as discussed in the “Locational Performance Standards” below. Qualifying carbon offsets presented for compliance with this mitigation measure may be used provided that the evidence required by the “Reporting and Enforcement Standards” below is submitted to the County demonstrating that each registry shall continue its existing practice of requiring the following for the development and approval of protocols or methodologies:

Carbon offset means a unit equivalent to a tonne of emissions removed from the atmosphere. “Corporation” means a regulated entity, which has the meaning as provided in Section 4A of the Act. “Department” means the Victorian Department of Environment, Land, Water and Planning. “Minister” means the Minister responsible for administering the Act.

Examples of Carbon offset in a sentence

• The Environmental Protection Agency (EPA) defines a carbon offset as “a tradable, environmental commodity that represents the reduction of a specific amount of GHG emissions to the atmosphere and is measured in tons.” Carbon offset is a complicated topic and have been subject to many controversies in the past few decades since its inception.

• Specific details of the costs for each support activity and their method of calculation will be further elaborated in the relevant Technical Implementation Arrangements, referred to in Article 3 herein.

• Carbon offset price is calculated by multiplying the results from the assessment (kg CO2 emitted from the products and delivery) by the price of Carbon Credits.

• The Competitor must comply with the following environmental measures: Carbon offset fee for carbon neutral participation: The competitor must pay carbon offset fee included in relevant Entry Fees, which compensates the Competitor’s carbon footprint related to the event or the Series, born by the Competitor’s traveling and accommodation, logistic operations and event operations carbon emissions.

• Case studies, certifications, Carbon offset and ESG sample report.

More Definitions of Carbon offset

Carbon offset means an instrument issued by any of the following: CARB, Climate Action Reserve, California Air Pollution Control Officers Association, the APCD, or any other equivalent or verifiable registry.

Carbon offset means an instrument issued by an Approved Registry that shall satisfy the performance standards set forth in Section IX.B and represent the past reduction or sequestration of one metric tonne of carbon dioxide equivalent achieved by a Direct Reduction Activity or any other GHG emission reduction activity that is not otherwise required (CEQA Guidelines § 15126.4(c)(3)).

Carbon offset means a reduction in emissions of carbon dioxide or greenhouse gases made in order to mitigate for or to offset an emission made elsewhere.

Carbon offset means carbon offset credit income received by the Borrowers in an amount equal to at least $1,000,000 during the first quarter of 2016.

Carbon offset means the emissions reduction that occurs when a practice or project negates greenhouse gas emissions by sequestering greenhouse gases in a carbon sink with reforestation, afforestation, managed forests, growing agricultural crops, increasing existing vegetated areas, or utilizing geologic storage. An offset may be expressed in standard cubic feet of CO2, metric tonnes of CO2, tons of CO2, or tons of CO2e.

Carbon offset means any permit, authorisation, licence, allowance or consent (however named and however acquired) which reduces its holder’s liability to surrender Emissions Permits pursuant to the Emissions Trading Legislation.

Carbon offset means a reduction or removal of emissions of carbon dioxide or other greenhouse gases made in order to compensate with equivalent number of emissions for emissions made elsewhere;