Examples of Mitigation Credit in a sentence
Relevant definitions for this RFP are provided in 01 NCAC 05A .0112 and in the Instructions to Vendors found in the Sourcing Tool, which are incorporated herein by this reference.The following definitions, acronyms, and abbreviations are also relevant to this RFP:Adjusted Credit Cost – The Credit Cost of a Site divided by the Proposal Rating; units are Dollars per Wetland Mitigation Credit, Stream Mitigation credits, Buffer Mitigation credits, or Nutrient Offset Credits.
If purchasing Mitigation Credit the mitigation bank shall be approved by the California Department of Fish & Wildlife.
This new subsection requires the Illinois Power Agency (“IPA” or “Agency”) to create this Carbon Mitigation Credit Procurement Plan (the “Plan”, or “CMC Plan”, or “CMC Procurement Plan”).
A carbon-free energy resource can thus sell CMCs, but these attributes can only be sold once after which these credits must be retired—and thus a facility cannot sell these attributes as both CMCs and ZECs. The IPA was authorized to develop this Carbon Mitigation Credit Procurement Plan to develop process for the procurement of CMCs generated by the carbon-free energy resources.
In the event that one Claim is eligible for both this Risk Mitigation Credit Section and the Mediation provision found in the General Terms and Conditions, Section XXI.