Emissions trading system definition

Emissions trading system or “ETS” means a carbon pricing regulatory compliance program, such as California’s Cap-and-Trade Program, designed to reduce greenhouse gas emissions by placing a cap on total emissions generated by emitting sources covered by the system and allowing the trading of compliance instruments such as emissions allowances (or permits) and offset credits, including sector-based offset credits. ETS in the context of this standard also refers to the jurisdiction or governmental body responsible for implementing the ETS.
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Examples of Emissions trading system in a sentence

  • We have gained valuable experience in these markets through participation in the UK Emissions Trading System and through advance trading in the European Emissions trading system.

  • The purpose of this contract is to provide support to the competent Croatian authorities for the establishment of a viable Greenhouse Gas Emissions trading system and the GHG emissions registry, in line with Directive 2003/87/EC, Directive 2004/101/EC, Commission Regulation (EC) No. 2216/2004 and Data Exchange Standards for Registry Systems under the Kyoto Protocol.

  • EU Emissions trading system is one of the key instruments for reducing greenhouse gas emissions (Kilpys et al., 2017).

  • Emissions trading system, proposed): uses baseline- and-credit system, where the GX League participants will set voluntary targets, report the actual emissions data, and trade earned emission credits.

  • The revision of EU Emissions trading system (ETS) State aid Guidelines was announced on 21 September 202012.

  • The European Commission proposed and defined the scope of ETS (Emissions trading system) for the emissions from the maritime sector [18].The models considered the various vessels, operating modes, discharge equipment, time, and location.

  • As the EU's emissions for 2005 are slightly lower than those of 1990, we use emissions in 2005 as the reference point.Moreover, in 2020, the Emissions trading system (ETS) will cover around 45% of EU GHG emissions, mainly emissions from the power, industry, and aviation sectors.

  • Saudi Arabia, which will result in improve fuel economy and reduce the amount of CO2 emissions.CO2 abatement full potential: 55 gCo2/KM.Key stakeholders: Saudi Energy Efficiency Center (SEEC) Reduce, Reuse, Recycle, RemoveMexico Emissions trading system.

  • Emissions trading system (ETS): is the main tool of EU to reduce greenhouse gas emissions of facilities concerning industry and power sectors.

  • Republic Act No. 3720, otherwise known as the “Food, Drugs and Devices, and Cosmetics Act”, as amended by Republic Act No. 9711, otherwise known as the “Food and Drug Administration (FDA) Act of 2009”, and its Implementing Rules and Regulations, declare that it is the policy of the state to ensure the safety, efficacy, and quality of drug supply in the country so as to protect the health ofthe Filipino people.

Related to Emissions trading system

  • Trading System means the Company’s electronic trade execution system that is used for the trading of Swaps, including the associated hardware, software, systems and communications links.

  • 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.

  • Sewage treatment plant means any arrangement of devices and structures used for treating sewage.

  • Wastewater treatment system means any equipment, plants,

  • Predictive emissions monitoring system or "PEMS" means all of the equipment necessary to monitor process and control device operational parameters (for example, control device secondary voltages and electric currents) and other information (for example, gas flow rate, O2 or CO2 concentrations), and calculate and record the mass emissions rate (for example, pounds per hour) on a continuous basis.

  • Market Participant Energy Injection means transactions in the Day-ahead Energy Market and Real-time Energy Market, including but not limited to Day-ahead generation schedules, real- time generation output, Increment Offers, internal bilateral transactions and import transactions, as further described in the PJM Manuals.

  • Liquid waste means any waste material that is determined to contain "free liquids" as defined by Method 9095 (Paint Filter Liquids Test), as described in "Test Methods for Evaluating Solid Wastes, Physical/Chemical Methods" (EPA Pub. No. SW-846).

  • Automated driving system means the same as that term is defined in Section 41-26-102.1.

  • Automated data acquisition and handling system or "DAHS" means that component of the continuous emission monitoring system, or other emissions monitoring system approved for use under section 11 of this rule, designed to interpret and convert individual output signals from pollutant concentration monitors, flow monitors, diluent gas monitors, and other component parts of the monitoring system to produce a continuous record of the measured parameters in the measurement units required by section 11 of this rule.

  • Levee system means a flood protection system which consists of a levee, or levees, and associated structures, such as closure and drainage devices, which are constructed and operated in accordance with sound engineering practices.

  • Stormwater management system means any equipment, plants,

  • General purpose radiographic x-ray system means any radiographic x-ray system which, by design, is not limited to radiographic examination of specific anatomical regions.

  • Resource Adequacy Rulings means CPUC Decisions 00-00-000, 00-00-000, 00-00-000, 06- 06-024, 00-00-000 and any subsequent CPUC ruling or decision, or any other resource adequacy laws, rules or regulations enacted, adopted or promulgated by any applicable Governmental Authority, as such CPUC decisions, rulings, laws, rules or regulations may be amended or modified from time to time during the Term.

  • Centralized Message Distribution System (CMDS) means the industry-wide data collection system, which handles the daily exchange of message details between CMDS participating telephone companies (also known as CMDS Direct Participants). AT&T-21STATE is a CMDS Direct Participant.

  • Centralized Message Distribution System or "CMDS" means the operation system that Local Exchange Carriers use to exchange outcollect and IABS access messages among each other and other parties connected to CMDS.

  • 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.

  • National Pollutant Discharge Elimination System (NPDES) means the national program for issuing, modifying, revoking and reissuing, terminating, monitoring, and enforcing permits and imposing and enforcing pretreatment requirements, under Sections 307, 318, 402, and 405 of CWA. The term includes an approved program.

  • Monitoring System means a system established by BNY to fulfill the Responsibilities specified in clauses (d) and (e) of Section 1 of Article III of this Agreement.

  • Day-ahead System Energy Price means the System Energy Price resulting from the Day- ahead Energy Market.

  • Generation means the production of electricity;

  • Heating oil means petroleum that is No. 1, No. 2, No. 4-light, No. 4-heavy, No. 5-light, No. 5-heavy, and No. 6 technical grades of fuel oil; other residual fuel oils (including Navy Special Fuel Oil and Bunker C); and other fuels when used as substitutes for one of these fuel oils. Heating oil is typically used in the operation of heating equipment, boilers, or furnaces.

  • Capture system means the equipment (including hoods, ducts, fans, etc.) used to contain, capture, or transport a pollutant to a control device.

  • Emergency procurement means an acquisition resulting from an emergency need.

  • Sewage disposal system means all interceptor sewers, storm sewers, sanitary sewers, combined sanitary and storm sewers, sewage treatment plants, and all other plants, works, instrumentalities, and properties used or useful in connection with the collection, treatment, and disposal of sewage and industrial wastes, and includes a storm water drain system under the jurisdiction and control of a governmental agency.

  • High global warming potential hydrofluorocarbons means any hydrofluorocarbons in a particular end use for which EPA’s Significant New Alternatives Policy (SNAP) program has identified other acceptable alternatives that have lower global warming potential. The SNAP list of alternatives is found at 40 CFR Part 82 subpart G with supplemental tables of alternatives available at (http://www.epa.gov/snap/).

  • Transportation System means the facilities at any time in place to receive Shipper’s Gas at the Entry Point(s), process, handle, transport and redeliver the Gas at the Exit Point(s), in accordance with the Transportation Agreement, as detailed in Transportation System Description.