Carbon Offsets definition

Carbon Offsets means any activity that compensates for the

Carbon Offsets means means a measurable avoidance, reduction or sequestration of carbon dioxide (CO2) or other greenhouse gas emissions;

Carbon Offsets means any activity that compensates for the emission of carbon dioxide or other greenhouse gases by providing for an emission reduction elsewhere;

Examples of Carbon Offsets in a sentence

• He has experience in the field of Carbon Offsets both in the regulatory and voluntary front, including project validation.

• A Realistic Policy on International Carbon Offsets (Program on Energy and Sustainable Development).

• Though both represent emissions reductions, Carbon Offsets are commonly used to offset emissions from direct fuel purchases (Scope 1) but can be used to offset emissions from electricity (Scope 2).

• For more information on the proper use of carbon offsets and renewable energy certificates, see The Center for Resource Solutions report titled “Renewable Energy Certificates, Carbon Offsets, and Carbon Claims”.

• Customers registered for Biomethane Service for applicable Rate Schedules 1B, 2B, 3B, 5B and 7B, agree that in the event that Biomethane production does not provide sufficient gas supply, FortisBC Energy may purchase Carbon Offsets at a price not to exceed the funding received from Customers registered for Biomethane Service.

More Definitions of Carbon Offsets

Carbon Offsets means offsets mainly generated from natural climate solutions and retired by the Group for any fiscal year, as determined in good faith by the Issuer and according to the Issuer’s methodology.

Carbon Offsets means renewable energy certificates that lead to any reduction in greenhouse gas emissions, which is independently audited against a third-party certification standard;

Carbon Offsets means tradable rights linked to business activities that lower the amount of carbon dioxide in the atmosphere;

Carbon Offsets means, for the purposes of calculating Market Value, Offsets that are created from emissions reduction at a facility or project located in Canada and are verified using a standard that is at least equivalent to the protocols established under the British Columbia Greenhouse Gas Emission Control Regulation or a replacement standard which might include, but is not limited to, standards that are recognized by the International Carbon Reduction & Offset Alliance (ICROA) as compliant with the ICROA Code of Best Practice.

Carbon Offsets means a verified reduction in greenhouse gas emissions equivalent to one metric ton of CO2e. Carbon Offsets do not include any tax credits, depreciation allowances or third-party subsidies of any kind. Customer understands and agrees that the Carbon Offsets are being purchased for voluntary purposes and not to meet any compliance standard or regulatory requirements. Customer authorizes Constellation to retire such Carbon Offsets on Customer’s behalf and to provide any data or other information related to such Carbon Offset to the applicable Carbon Offset registry. The retirement of Carbon Offsets is permanent and such retired Carbon Offsets can never be reused or resold.

Carbon Offsets means a verified reduction in greenhouse gas emissions equivalent to one metric ton understands and agrees that the Carbon Offsets are being purchased for voluntary purposes and not to meet any compliance standard or regulatory requirements. Customer authorizes Constellation to retire such Carbon Offsets on Customer’s behalf and to provide any data or other information related to such Carbon Offset to the applicable Carbon Offset registry. The retirement of Carbon Offsets is permanent and such retired Carbon Offsets can never be reused or resold.

Carbon Offsets means credits from a project that leads to any reduction in greenhouse gas emissions, which is independently audited against a third-party certification standard.