Emissions Allowances definition

Emissions Allowances means authorizations under state or federal (as applicable) air quality regulations to emit either one ton of nitrogen oxides (“NOx”) or sulfur dioxide (“SO2”) at any time during any applicable calendar year.
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Emissions Allowances means all authorizations issued to Transferor by a Governmental Authority pursuant to a statutory or regulatory program promulgated by a Governmental Authority pursuant to which air emissions sources subject to the program are authorized to emit a prescribed quantity of air emissions.
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Emissions Allowances means an authorization, whether perfected or un-perfected, filed or un-filed, under Environmental Law by a Governmental Authority for any air emissions source at any Acquired Real Property to emit a specified amount of any air pollutant under an emissions budget or similar formal trading program. This specifically includes SO2 and NOX allowances under the applicable federal programs, as well as allowances for these or other emissions, including volatile organic compounds, carbon or carbon equivalents, issued or authorized under any applicable federal, state, local, or regional Environmental Laws.
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Examples of Emissions Allowances in a sentence

  • The Buyer shall compensate IPL for the consumption of Sulfur Dioxide Emissions Allowances ("SO2 Allowances") directly attributed to electric energy sales by IPL to Buyer under the Service Schedules.

  • If the CPUC has specified an index for use in determining the price to be paid for GHG Emissions Allowances, in no event shall Buyer’s total payment to Seller for the applicable quantity exceed the total payment that would be due to Seller if the applicable quantity were purchased at the index price at the relevant time period.

  • If Seller has elected to manage its own GHG Emissions Allowances in Section 1.09, then, during the Term, Buyer shall reimburse Seller to the extent of Buyer’s responsibility for GHG Emissions Allowances in accordance with Section 3.03(b) (“applicable quantity”) within forty-fine (45) days of Buyer’s receipt from Seller of documentation, in form and substance acceptable to Buyer, requesting reimbursement.

  • The Group measured at zero the emission rights received free of charge from the government following the Enforcement of Allocation and Trading of Greenhouse Gas Emissions Allowances.

  • If Seller has elected to have Buyer purchase GHG Emissions Allowances for the Generating Facility in Section 1.09, then, during the Term and upon the CPUC’s issuance of guidelines on the mechanics of Buyer’s obligations to purchase GHG Emissions Allowances pursuant to the AB 1613 Decisions, Buyer shall purchase GHG Emissions Allowances for Seller for the applicable quantity for the remainder of the Term in accordance with and subject to such guidelines, as may be revised from time to time.

  • Acopy of the filing has been sent to each of the above companies.The proposed Amendment in eachRate Schedule is being made by anabbreviated filing under FPA § 205 and pursuant to the Commission’s Interim Rate issued in Docket No. PL95–1–000, Regarding Ratemaking Treatment of the Cost of Emissions Allowances inCoordination Rates and provides for cost recovery of SO 2 emissionsallowances in energy sales.

  • Three futures market pricing benchmarks are used to price Energy Securities: Brent crude oil based on the ICE Futures’ Brent Contracts, West Texas Intermediate crude oil based on the New York Mercantile Exchange’s WTI Contracts and EU Emissions Allowances based on the ICE Futures EUA Emissions Futures (ECX CFI EUA).

  • Consignment Auctions of Free Emissions Allowances under EPA’s Clean Power Plan.

  • Until such time, Seller shall manage its own GHG Emissions Allowances and request reimbursement from Buyer for such GHG Emissions Allowances in accordance with and subject to the requirements of Sections 3.03(b) and (c).

  • Commodity derivatives Application of best execution duty Outside of commodity futures contracts, which are addressed within the general section on Fixed Income Futures above, certain commodity transactions, including transactions that are derivative transactions, as well as derivatives in respect of EU Emissions Allowances, are Financial Instruments.


More Definitions of Emissions Allowances

Emissions Allowances means an authorization by a state or federal regulatory agency, as authorized by laws and regulations applicable to the Facility, to emit a specified amount of air pollutant under an emissions budget trading program. This specifically includes the definition of SO2 and NOx allowances under the Federal Acid Rain program (40 CFR 72), the NOX Budget Trading Program (40 CFR 96), the CAIR NOx Trading Program (40 CFR 96 Subpart AA), and the CAIR SO2 Trading Program (40 CFR 96 Subpart AAA), and any approved regulations implementing these provisions as adopted by the NC State Implementation Plan.
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Emissions Allowances means any and all “Allowances” as that term is defined in the Clean Air Act, 42 U.S.C. § 7401 et seq., as amended from time to time, and any regulations and requirements promulgated thereunder, including but not limited to the definition of “Allowance” as set forth in Title IV of the Clean Air Act or any other cap-and-trade program or any other program requiring Allowances or credits under the Clean Air Act, as amended from time to time, and any regulations and requirements thereunder.
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Emissions Allowances means NOx Emission Allowances and SO2, Allowances.
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Emissions Allowances means all authorizations by a Governmental Body with jurisdiction over the Generating Facility with respect to any of the Purchased Assets under any of the Environmental Laws to emit specified units of pollutants or Hazardous Materials from the Generating Facility during a calendar year or other period of time, including (i) an authorization by the USEPA under the Acid Rain Program of the federal Clean Air Act or from Ohio under any trading program for nitrogen oxide (NOx) or sulfur dioxide (SOx), (ii) any other USEPA or state program for air emissions or (iii) any pollution reduction program with a similar purpose, in each case regardless of whether the Governmental Body establishing such authorizations designates such authorizations by a name other than “allowances.”
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Emissions Allowances. All present and future authorizations to emit specified units of pollutants or Hazardous Substances, which units are established by the Governmental Authority with jurisdiction over the Generation Facilities and the Water Treatment Facilities under (i) an air pollution control and emission reduction program designed to mitigate global warming, interstate or intrastate transport of air pollutants; (ii) a program designed to mitigate impairment of surface waters, watersheds, or groundwater; or (iii) any pollution reduction program with a similar purpose. Allowances include allowances, as described above, regardless as to whether the Governmental Authority establishing such allowances designates such allowances by name other than "allowances."
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Emissions Allowances means any emission credits, emission allowances, or other appropriate entitlements issued pursuant to applicable Environmental Laws that have been allocated to the Purchased Assets by any Governmental Authority.
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Related to Emissions Allowances

  • 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.

  • 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.)

  • 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.

  • greenhouse gas emissions means emissions in terms of tonnes of CO2 equivalent of carbon dioxide (CO2), methane (CH4), nitrous oxide (N2O), hydrofluorocarbons (HFCs), perfluorocarbons (PFCs), nitrogen trifluoride (NF3) and sulphur hexafluoride (SF6) determined pursuant to Regulation (EU) No 525/2013 and falling within the scope of this Regulation;

  • 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.

  • Rebates means rebates, price reductions and administrative fees and related adjustments charged by or payments to state Medicaid and other federal, state and local governmental programs and their participants, and by health plans, insurance companies, Medicare Part D prescription drug plans, pharmacy benefits managers, mail service pharmacies, long term care providers, specialty pharmacies and other health care providers based upon the utilization and sales of the Product, and service, administrative and inventory management fees due to wholesalers, distributors and group purchasing organizations based on sales of the Product (in each case, other than chargeback claims).

  • Emissions means the total emissions in tCO2 equivalent for a target period; “EU ETS Directive” means Directive 2003/87/EC of the European Parliament and of the Council establishing a scheme for greenhouse gas emissions allowance trading within the Community and amending Council Directive 96/61/EC, as amended from time to time;1

  • Allowances means budgets established for specific scopes of the Work that cannot be clearly defined at the time of Bid, but that are set, not-to-exceed amounts at the time that the Bid is established. Contractor shall only use Allowance(s) with the District’s prior, written approval. All unused Allowance(s) shall be kept by the District at the end of the Project.

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

  • Economy Transportation means the lowest published available transportation rate for a ticket on a Common Carrier matching the original class of transportation that You purchased for Your Trip.

  • 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,

  • Plant Protection Gas means the minimum volumes required to prevent physical harm to the plant facilities or danger to plant personnel when such protection cannot be afforded through the use of an alternate fuel. This includes the protection of such material in process as would otherwise be destroyed, but shall not include deliveries required to maintain plant production. A determination will be made by the Seller of minimum volumes required. Such essential volumes will be dispatched accordingly.

  • Transportation means any land, sea or air conveyance required to Transport the Insured during an Emergency Evacuation. Transportation includes, but is not limited to, air ambulances, land ambulances and private motor vehicles.

  • 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:

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

  • Fixed Allowances For the purpose of this guarantee and for the purpose of establishing compliance with this guarantee, the following shall be used as fixed quantities and allowances: Operational Empty Weight minus Tare, OEW: 350,000 Pounds Takeoff and Climbout Maneuver: Fuel 3,230 Pounds Distance 7 Nautical Miles Usable reserve fuel remaining upon completion of the approach and landing maneuver: 30,000 Pounds

  • Gasoline means any liquid product prepared, advertised, offered for sale or sold for use as, or commonly and commercially used as, motor fuel for use in a spark-ignition, internal combustion engine, and which meets the specifications provided in Iowa Code section 214A.2.

  • Transportation Costs means a component of the Charges, comprising those charges payable to the TNO and/or DNO for the use of their networks as applicable from time to time under the Industry Agreements including those charges more specifically referred to as “DUoS” and “TNUoS” and specified as “Included in the Unit Rate”, “Fixed” or “Pass-Through” in the Quotation Document or as otherwise notified to you as payable during the Supply Contract from time to time;

  • Medicare Levy Surcharge means an extra charge payable by high income earners beyond the standard Medicare Levy if they do not have qualifying private hospital insurance coverage. This charge is assessed as part of an individual or family’s annual tax return.

  • 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.

  • Evaporative emissions means in the context of this UN GTR the hydrocarbon vapours lost from the fuel system of a motor vehicle during parking and immediately before refuelling of a sealed fuel tank.

  • Exhaust emissions means the emission of gaseous, solid and liquid compounds from the tailpipe.

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

  • Salvage Yard means any non-residential property used for the storage, collection, and/or recycling of any type of equipment, and including but not limited to vehicles, appliances and related machinery.