GHG Reduction definition

GHG Reduction means Greenhouse Gas Reduction.

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GHG Reduction means the removal, limitation, reduction, avoidance, sequestration or mitigation of GHGs emissions.

GHG Reduction means the removal, limitation, reduction, avoidance, sequestration or mitigation of anthropogenic GHG emissions.

Examples of GHG Reduction in a sentence

• Notwithstanding any provision to the contrary contained herein, if such Partial Transfer of the GHG Reduction Rights occurs without the Reserve’s prior consent, the Reserve shall have the right, in its reasonable discretion, to terminate this Agreement.

• Provided that Project Owner Transfers a GHG Reduction Right in compliance with subpart (a), above, Project Owner shall be released from this Agreement at such time as Reserve provides its written consent, which consent shall not be unreasonably withheld.

• Effective as of the Date of this Assignment and Assumption Agreement, Assignor hereby assigns and transfers to Assignee all of Assignor’s right, title, and interest in the GHG Reduction Right and the interests conveyed by the GHG Reduction Rights Contract.

• This Agreement shall be binding upon the Parties hereto and their successors, successors in interest, assigns and any other party holding, acquiring, or owning a GHG Reduction Right.

• The Reserve also issues carbon offset credits known as Climate Reserve Tonnes ("CRTs") to GHG Reduction Projects registered with the Reserve.

• Once a GHG Reduction Right has been Transferred, the Assignee shall be deemed to be a “Project Owner” under this Agreement and require any future party holding, owning or acquiring a GHG Reduction Right to assume this Agreement in accordance with this Section 7.

• This Section 7 shall apply if Project Owner Transfers GHG Reduction Rights relating to all, or any portion, of the Property.

• If Project Owner Transfers a GHG Reduction Right in only a portion of the Property, this Section 7 shall apply to only the GHG Reduction Right relating to the portion of the GHG Reduction Right being Transferred.

• Notwithstanding any consent by the Reserve that releases Project Owner from this Agreement, Project Owner shall remain obligated to the Reserve, and liable for, all Project Owner Breaches that arose during the time that Project Owner held a GHG Reduction Right.

• The Reserve also issues carbon offset credits known as Climate Reserve Tonnes ("CRTs"), as defined in the Forest Project Protocol attached hereto as Exhibit A (the "Forest Project Protocol"), to GHG Reduction Projects registered with the Reserve.

More Definitions of GHG Reduction

GHG Reduction means a calculated decrease in GHG emissions relative to a Project baseline over a specified period of time.

GHG Reduction means one metric ton of Carbon Dioxide Equivalent reduced, avoided or sequestered by the Sub-Project activity below the Baseline Emissions, as created and monitored in accordance with ERPA.

GHG Reduction means one metric ton of Carbon Dioxide Equivalent reduced, avoided or sequestered by the Project Activity below the Baseline, as created and monitored in accordance with the CDM Operations Plan and Monitoring Plan;

GHG Reduction means the removal, sequestration, reduction, mitigation or avoidance, of greenhouse gases by a CDM project activity (as described in such project’s design document), or equivalent project activity under the voluntary rules, that project’s baseline and measured in tonnes of carbon dioxide equivalent, which have been generated in a manner consistent with the CDM and/or the voluntary rules (each as may be succeeded by equivalent rules based on the International Rules or the voluntary rules for the reduction of greenhouse gases).

GHG Reduction means Greenhouse Gas Reduction as provided in ARB metrics. (bb) “Green infrastructure” means using vegetation, soils, and natural processes

GHG Reduction means a calculated decrease in GHG emissions relative to a project baseline over a specified period of time.