Offset credit definition

Offset credit means a tradable compliance instrument that represents an emissions reduction or emissions removal of one metric ton of carbon dioxide equivalent.
Offset credit means a tradable compliance instrument that
Offset credit means a tradable compliance instrument issued or approved by ARB that represents a GHG reduction or GHG removal enhancement of one metric ton of CO2e. The GHG reduction or GHG removal enhancement must be real, additional, quantifiable, permanent, verifiable, and enforceable.

Examples of Offset credit in a sentence

  • Seller shall provide a copy of each purchase order or subcontract placed with a non-U.S. source under this Order in support of Buyer’s rights to Offset credit.

  • Seller shall also provide any information and assistance to Buyer that Buyer may reasonably request in support of Buyer’s efforts to secure Offset credit.

  • Should the offset transaction involve more than one NAICS code, please list the U.S. dollar values associated with each NAICS code.(ix) Offset credit value.

  • Offset credit for an emission reduction can be claimed to the extent that the Director has not relied on it in issuing any other permit or has not relied on it in demonstrating attainment of reasonable further progress.

  • Seller shall also provide any information and assistance to Buyer that Buyer may reasonably request in support of Buyer’s efforts to secure’ Offset credit.


More Definitions of Offset credit

Offset credit means ARB Offset Credit as defined in the Cap-and-Trade Regulations.
Offset credit means a tradable compliance instrument that is generated by an
Offset credit means a fungible credit generated by an offset project that represents
Offset credit means a carbon emission credit in units of tonnes of CO2e able to be used as an alternative carbon compliance mechanism to avoid carbon obligation costs from a large emitters GHG regulation. Credits are generated by completing an emission-reduction project pursuant to a regulator-approved-quantification methodology to identify the creditable GHG reductions.
Offset credit means a tradable credit generated by an offset project that repres-
Offset credit has the meaning set forth in the GHG Regulations.
Offset credit means a credit for any prescribed activity that: