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By adopting the optimal solutions, the project sponsors receive additional and sustainable energy savings over a 10-years' crediting period.
An assessment of the results showed that specific transaction costs depend, to a large extent, on economies of scale in terms of total amount of CERs generated over the crediting period.
We identified the application of "discounts" on the amount of avoided emissions for the issuance of carbon credits and "standardisation below business as usual" as most promising options over "limiting the crediting period" and "over-conservativeness".
Using an econometric model, our approach estimates efforts that are (i) independent of structural factors (economic development, population, initial forest area, agricultural export prices), (ii) estimated ex post at the end of the crediting period, and (iii) relative to other countries.
As the projects have an emission reduction between 0.24 Mt CO2 and 5.00 Mt CO2 over the crediting period, the results support the assumption of Michaelowa et al. (Climate Policy 3 (2003) 273) that projects with emission reductions smaller than 0.20 Mt CO2 are not economically viable at current CER prices.
Decision 14/CP.10 defines small-scale projects as those that will result in net anthropogenic greenhouse gas removals by sinks of less than 8 kilo tonnes of carbon dioxide per year during the crediting period.
Similar(52)
These issues have included the treatment of additionality, carbon pools (e.g. inclusion of wood products) and crediting periods (Stephens and Grist 2014).
An outside supplier provides a credit period to the distribution company.
This model quantifies the effects of the environmental regulations and trade credit period under the single-setup-multiple-delivery policy.
We find that the high credit type retailer's consumption is always limited by reducing the credit period under all three mechanisms.
In this paper we consider multi-echelon multi-item channels subject to supplier's credit period and retailer's promotional effort.
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