Emissions trading system definition

Emissions trading system or “ETS” means a carbon pricing regulatory compliance program, such as California’s Cap-and-Trade Program, designed to reduce greenhouse gas emissions by placing a cap on total emissions generated by emitting sources covered by the system and allowing the trading of compliance instruments such as emissions allowances (or permits) and offset credits, including sector-based offset credits. ETS in the context of this standard also refers to the jurisdiction or governmental body responsible for implementing the ETS.
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Examples of Emissions trading system in a sentence

  • CO2 emissions within the scope of influence of Local Authorities excludes emissions from Road Transport (Motorways), Diesel Railways, Land Use, Land Use Change and Forestry sectors and EU Emissions trading system sites have been removed from the “Large industrial installations” sector with the exception of energy suppliers (e.g. power stations), whose emissions are indirectly included via the end-user estimates for electricity use.

  • Emissions trading system enlargement The Kyoto Protocol allows Russia to emit the same volume of greenhouse gases as the then Russia did in 1990.

  • However, donor country governments who are part of the European Union Emissions trading system could relatively easily affect demand for emissions credits from the GEF.

  • In reply, the Chief Officer explained that the offers that had been received were still being evaluated and that the report to be submitted to the meeting would contain details of the analysis and recommendations for moving forward.

  • Emissions trading system (ETS): is the main tool of EU to reduce greenhouse gas emissions of facilities concerning industry and power sectors.

  • Emissions trading system, proposed): uses baseline- and-credit system, where the GX League participants will set voluntary targets, report the actual emissions data, and trade earned emission credits.

  • The purpose of this contract is to provide support to the competent Croatian authorities for the establishment of a viable Greenhouse Gas Emissions trading system and the GHG emissions registry, in line with Directive 2003/87/EC, Directive 2004/101/EC, Commission Regulation (EC) No. 2216/2004 and Data Exchange Standards for Registry Systems under the Kyoto Protocol.

  • Intake continues at the current rate of 24% above that threshold.9 Emissions trading system - updatesExpected impacts and FEDIL positionExpected impact on Luxembourg’s industry• EU and Luxembourg based ETS manufacturer's OPEX will be massively impacted.

  • National Social Security AuthorityThe Group participates in this state administered pension plan.

  • Although the European Emissions trading system primarily pertains to companies that emit CO2 („ETScompanies‟), the trading system is open to banks and other financial institutions, trading platforms and brokers, as well as other organisations and private individuals that wish to trade in or speculate with emission allowances.

Related to Emissions trading system

  • Trading System means the Company’s electronic trade execution system that is used for the trading of Swaps, including the associated hardware, software, systems and communications links.

  • Sewage Treatment Plant means any arrangement of devices and structures used for treating sewage.

  • Wastewater treatment system means any equipment, plants,

  • Predictive emissions monitoring system or "PEMS" means all of the equipment necessary to monitor process and control device operational parameters (for example, control device secondary voltages and electric currents) and other information (for example, gas flow rate, O2 or CO2 concentrations), and calculate and record the mass emissions rate (for example, pounds per hour) on a continuous basis.

  • Market Participant Energy Injection means transactions in the Day-ahead Energy Market and Real-time Energy Market, including but not limited to Day-ahead generation schedules, real- time generation output, Increment Offers, internal bilateral transactions and import transactions, as further described in the PJM Manuals.

  • Liquid waste means any waste material that is determined to contain "free liquids" as defined by Method 9095 (Paint Filter Liquids Test), as described in "Test Methods for Evaluating Solid Wastes, Physical/Chemical Methods" (EPA Pub. No. SW-846).

  • Automated driving system means the same as that term is defined in Section 41-26-102.1.

  • Automated data acquisition and handling system or "DAHS" means that component of the continuous emission monitoring system, or other emissions monitoring system approved for use under section 11 of this rule, designed to interpret and convert individual output signals from pollutant concentration monitors, flow monitors, diluent gas monitors, and other component parts of the monitoring system to produce a continuous record of the measured parameters in the measurement units required by section 11 of this rule.

  • Leak-detection system means a system capable of detecting the failure of either the primary or secondary containment structure or the presence of a release of hazardous waste or accumulated liquid in the secondary containment structure. Such a system must employ operational controls (e.g., daily visual inspections for releases into the secondary containment system of aboveground tanks) or consist of an interstitial monitoring device designed to detect continuously and automatically the failure of the primary or secondary containment structure or the presence of a release of hazardous waste into the secondary containment structure.

  • Levee system means a flood protection system which consists of a levee, or levees, and associated structures, such as closure and drainage devices, which are constructed and operated in accordance with sound engineering practices.

  • Stormwater management system means any equipment, plants,

  • Solid film lubricant means a very thin coating consisting of a binder system containing as its chief pigment material one or more of molybdenum disulfide, graphite, polytetrafluoroethylene (PTFE) or other solids that act as a dry lubricant between faying surfaces.

  • General purpose radiographic x-ray system means any radiographic x-ray system which, by design, is not limited to radiographic examination of specific anatomical regions.

  • Resource Adequacy Rulings means CPUC Decisions 00-00-000, 00-00-000, 00-00-000, 06- 06-024, 00-00-000 and any subsequent CPUC ruling or decision, or any other resource adequacy laws, rules or regulations enacted, adopted or promulgated by any applicable Governmental Authority, as such CPUC decisions, rulings, laws, rules or regulations may be amended or modified from time to time during the Term.

  • Radioactive marker means radioactive material placed subsurface or on a structure intended for subsurface use for the purpose of depth determination or direction orientation.

  • Centralized Message Distribution System (CMDS) means the industry-wide data collection system, which handles the daily exchange of message details between CMDS participating telephone companies (also known as CMDS Direct Participants). AT&T-21STATE is a CMDS Direct Participant.

  • Centralized Message Distribution System (CMDS) means the transport system that LECs use to exchange outcollect and Carrier Access Billing System “CABS” access messages among each other and other Parties connected to CMDS.

  • National Pollutant Discharge Elimination System (NPDES) means the national program for issuing, modifying, revoking and reissuing, terminating, monitoring, and enforcing permits and imposing and enforcing pretreatment requirements, under Sections 307, 318, 402, and 405 of CWA. The term includes an approved program.

  • Monitoring System means a system established by BNY to fulfill the Responsibilities specified in clauses (d) and (e) of Section 1 of Article III of this Agreement.

  • Day-ahead System Energy Price means the System Energy Price resulting from the Day- ahead Energy Market.

  • Generation means the production of electricity;

  • Heating oil means petroleum that is No. 1, No. 2, No. 4-light, No. 4-heavy, No. 5-light, No. 5-heavy, and No. 6 technical grades of fuel oil; other residual fuel oils (including Navy Special Fuel Oil and Bunker C); and other fuels when used as substitutes for one of these fuel oils. Heating oil is typically used in the operation of heating equipment, boilers, or furnaces.

  • Capture system means all equipment (including, but not limited to, hoods, ducts, fans, booths, ovens, dryers, etc.) that contains, collects, and transports an air pollutant to a control device.

  • Emergency procurement means an acquisition resulting from an emergency need.

  • Sewage disposal system means all interceptor sewers, storm sewers, sanitary sewers, combined sanitary and storm sewers, sewage treatment plants, and all other plants, works, instrumentalities, and properties used or useful in connection with the collection, treatment, and disposal of sewage and industrial wastes, and includes a storm water drain system under the jurisdiction and control of a governmental agency.

  • Ambient air quality standard means an established concentration, exposure time, and frequency of occurrence of air contaminant(s) in the ambient air which shall not be exceeded.