Emissions Allowance definition

Emissions Allowance means an authorization in a given jurisdiction to emit a specified amount of carbon dioxide equivalent or other measurement of greenhouse gases, and documented as an emissions credit, certificate, or similar instrument.
Sample 1Sample 2Sample 3
Emissions Allowance means an allowance under paragraph 5 of Schedule 2 to the Climate Change Act 2008 relating to a trading scheme; 5
Sample 1Sample 2
Emissions Allowance means a limited tradable authorization to emit up to one metric ton of carbon dioxide equivalent issued either pursuant to the GHG Regulations or federal law.
Sample 1Sample 2

Examples of Emissions Allowance in a sentence

  • An Emissions Allowance Transaction may be physically settled by delivery of emissions allowances or reductions in exchange for a specified price, differing vintage years or differing emissions products or may be cash settled based on the difference between the market price of emissions allowances or reductions on the settlement date and the specified price.

  • An Emissions Allowance Transaction may also constitute a swap of emissions allowances or reductions or an option whereby one party grants to the other party (in consideration for a premium payment) the right, but not the obligation, to receive a payment equal to the amount by which the specified quantity of emissions allowances or reductions exceeds or is less than a specified strike.

  • Carbon Emissions Allowance Position Report Buyers and Sellers must send this report to ICE Futures Europe and the Clearing House by 10:30 hours each day from 15 days prior to expiry until the last trading day.

  • Publicly Reported Information: In respect of an EU Emissions Allowance Transaction, information that reasonably confirms that an Allowance is an Affected Allowance and which has been published in one Public Source, regardless of whether the reader or user thereof pays a fee to obtain such information.

  • In respect of an EU Emissions Allowance Transaction, a notice that cites Publicly Reported Information confirming that an Allowance previously delivered is an Affected Allowance.

  • Part [6](d) of the Schedule to the Agreement shall be amended to incorporate the following definitions in alphabetical order: Affected Allowance: In respect of an EU Emissions Allowance Transaction, an Allowance that has been stolen or is alleged to have been stolen (or has otherwise been unlawfully transferred or is alleged to have been unlawfully transferred) from a Registry account at the time of its delivery from the Delivering Party to the Receiving Party.

  • This U.S. Emissions Allowance Transaction Annex (“Emissions Annex”) supplements, forms part of, and is subject to the above-referenced Agreement and is part of the Schedule thereto.


More Definitions of Emissions Allowance

Emissions Allowance means an allowance under paragraph 5 of Schedule 2 to the Climate Change Act 2008 relating to a trading scheme; “trading scheme” means a trading scheme dealt with under Part 1 of that
Sample 1Sample 2
Emissions Allowance means a Sulfur Dioxide Emissions Allowance or a Nitrogen Oxide Emissions Allowance as defined by the Clean Air Act.
Sample 1
Emissions Allowance means allowances for nitrogen oxide (NOx), as authorized by any state that is signatory to or subject to the Ozone Transport Commission Memorandum of Understanding dated September 27, 1994; and sulfur dioxide (SO2), as authorized by the Administrator of the EPA under Title IV of the Clean Air Act Amendments of 1990 (as the same may be amended or supplemented) or any successor statutes which are the basis for the Federal Air Pollution Control Program for Sulfur Dioxide Emissions.
Sample 1
Emissions Allowance means an ‘allowance’ as defined in article 3(a) of Directive 2003/87/EC which established the scheme for greenhouse gas emissions allowance trading within the EU. That article provides that an ‘allowance’ is an allowance to emit one tonne of carbon dioxide equivalent during a specified period, only valid for the purpose of meeting the requirements of Directive 2003/87/EC and only transferable in accordance with the provisions of that directive (emissions allowance).
Sample 1
Emissions Allowance means tradable emissions credits, allowances or other authorizations to emit specified units of pollutants or Hazardous Substances from the Plant, which units are established by the Governmental Authority with jurisdiction over the Plant under (i) any air pollution control and emission reduction program designed to mitigate interstate or intrastate transport of air pollutants, (ii) any program designed to mitigate impairment of surface waters, watersheds, or groundwater, or (iii) any pollution reduction program with a similar purpose, in each case regardless of whether the Governmental Authority establishing such authorizations designates such authorizations by a name other than “allowances.”
Sample 1
Emissions Allowance means tradable emissions credits, allowances or other authorizations to emit specified units of pollutants or Hazardous Substances from the Plant, which units are established by the Governmental Authority with jurisdiction over the Plant under (i) any air pollution control and emission reduction program designed to mitigate interstate or intrastate transport of air pollutants, (ii) any program designed to mitigate impairment of surface waters, watersheds, or groundwater, or (iii) any pollution reduction program with a similar purpose, in each case regardless of whether the Governmental Authority establishing such authorizations designates such authorizations by a name other than “allowances.” “Environmental Claim” means any and all Actions, demands, demand letters, directives, Liens or notices of noncompliance or violation by any Person (including any Governmental Authority) alleging potential liability (including potential responsibility for or liability for enforcement costs, investigatory costs, cleanup costs, governmental response costs, removal costs, remedial costs, natural-resources damages, property damages, personal injuries, fines or penalties) arising out of, based on or resulting from (A) the presence, or Release or threatened Release into the environment, of any Hazardous Substances at any location, whether or not owned, operated, leased or managed by the Company; (B) circumstances forming the basis 17
Sample 1

Related to Emissions Allowance

  • emission allowance means a financial instrument as defined in point (11) of Section C of Annex I of Directive [new MiFID].

  • NOx Allowance means an authorization to emit a specified amount of NOx that is allocated or issued under an emissions trading or marketable permit program of any kind that has been established under the Clean Air Act or a state implementation plan.

  • Excess emissions - means an emission rate that exceeds any applicable emission limitation or standard allowed by any rule in Sections .0500, .0900, .1200, or .1400 of Subchapter 02D; or by a permit condition; or that exceeds an emission limit established in a permit issued under 15A NCAC 02Q .0700. (Note: Definitions of excess emissions under 02D .1110 and 02D .1111 shall apply where defined by rule.)

  • Retirement allowance means the retirement payments to which a member is entitled.

  • PM10 emissions means PM10 emitted to the ambient air as measured by an applicable reference method, or an equivalent or alternate method, specified in 40 CFR Part 51, Appendix M as of December 8, 1984, or by a test method specified in these regulations or any supplement thereto.

  • training allowance means an allowance (whether by way of periodical grants or otherwise) payable—

  • PHARMACY ALLOWANCE means the lower of: • the amount the pharmacy charges for the prescription drug; • the amount we or our PBM have negotiated with a network pharmacy; or • the maximum amount we pay any pharmacy for that prescription drug.

  • Emissions allowable under the permit means a federally enforceable permit term or condition determined at issuance to be required by an applicable requirement that establishes an emissions limit (including a work practice standard) or a federally enforceable emissions cap that the source has assumed to avoid an applicable requirement to which the source would otherwise be subject.

  • Acid rain emissions limitation means, as defined in 40 CFR 72.2*, a limitation on emissions of sulfur dioxide or nitrogen oxides under the acid rain program under Title IV of the Clean Air Act (CAA).

  • Emissions unit means any part or activity of a stationary source that emits or has the potential to emit any regulated air pollutant or any pollutant listed under Section 7412(b) of the FCAA. This term is not meant to alter or affect the definition of the term "unit" for purposes of Title IV of the FCAA.

  • Industrial Emissions Directive means DIRECTIVE 2010/75/EU OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 24 November 2010 on industrial emissions

  • Actual emissions means the actual rate of emissions in tpy of any regulated pollutant (for fee calculation) emitted from a Part 71 source over the preceding calendar year. Actual emissions shall be calculated using each emissions unit’s actual operating hours, production rates, in-place control equipment, and types of materials processed, stored, or combusted during the preceding calendar year.

  • Aviation gasoline means fuel designed for use in the operation of aircraft other than jet aircraft,

  • Allowable emissions means the emission rate of a stationary source calculated using both the maximum rated capacity of the source, unless the source is subject to federally enforceable limits which restrict the operating rate or hours of operation, and the most stringent of the following:

  • Water Year means the period commencing with October 1 of 1 year 20 and extending through September 30 of the next; and

  • Evaporative emissions means the hydrocarbon vapours lost from the fuel system of a motor vehicle other than those from exhaust emissions;

  • income-related employment and support allowance means an income-related allowance under Part 1 of the Welfare Reform Act 2007;

  • Government energy aggregation program means a program and

  • Public benefit means making capital available, or facilitating the availability of capital, to businesses in this state that have 750 or fewer employees, the intent of which is to create or retain employment opportunities for residents of this state, stabilize or increase the tax base of this state, or support the redevelopment of facilities for use by small businesses.

  • Allowance means compensation payable to an employee in addition to his regular remuneration payable for the performance of the duties of his position;

  • Cost sharing means the respective share of Total Project Costs to be contributed by the Applicant and by DOE. The percentage of Applicant Cost Share is to be applied to the Total Project Cost (i.e., the sum of Applicant plus DOE Cost Shares) rather than to the DOE contribution alone.