Sentence examples for emissions reduction project from inspiring English sources
So, if you're an emitter you can propose an emissions reduction project to the government − it might be to improve your energy efficiency, store carbon in the soil or plant trees.
DNV even verifies projects for the Clean Development Mechanism, the United Nations' carbon emissions reduction project, though it was briefly suspended from this activity five years ago after a U.N. audit found problems with its internal documentation.
Generation has holdings in Ausra, a solar energy company based in California, and Camco, a British firm that develops carbon dioxide emissions reduction projects.
But Hunt's policy says if baselines are exceeded, the offending companies could make up for it by "purchasing credits created by other accredited emissions reduction projects".
The Coalition climate policy is dangerous, because it creates the impression that unproven soil carbon storage and $3bn in funding of emissions reduction projects could possibly reduce Australia's carbon emissions by any amount, let alone by 5%.
If the "baselines" over which companies cannot increase their emissions are progressively tightened, as Hunt suggests, the government's policy allows the offending companies to make up for it by "purchasing credits created by other accredited emissions reduction projects".
But Hunt's own white paper says that "in the unlikely event of baselines being exceeded" he could allow the offending companies to make up for it by "purchasing credits created by other accredited emissions reduction projects".
A CCAB would draw on the best that has come out of the UNFCCC talks, such as the Clean Development Mechanism, a flexibility mechanism under the Kyoto Protocol which has generated $215 bn of new investments in clean energy and emissions reduction projects over the past decade.
Based on 2012 air travel data, these methodologies could raise more than $300 million dollars annually to invest in GHG emissions reduction projects.
Around two-thirds of emissions reduction projects reported by companies to CDP this year exceeded a 30percentt return on investment and 88percentt of projects exceed firm level return on invested capital.
