Carbon Permit definition

Carbon Permit means any unit, certificate, licence, authorisation or other permit (however named and however acquired) that is capable of being acquired, held, transferred, surrendered or acquitted to the satisfaction of an obligation or liability under any Carbon Emissions Scheme;
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Carbon Permit means a unit, permit, credit, offset, permission, allowance or other proprietary right capable of being used by its holder to satisfy a liability for the emission of one tonne of carbon dioxide equivalent under the Carbon Scheme and if the Carbon Scheme provides for Carbon Permits with different vintage years or different periods during which they are eligible for surrender, that Carbon Permit is of the vintage year (or other period during which they are eligible for surrender) which corresponds to the financial year (or other relevant period prescribed by the Carbon Scheme) in which the first day of the relevant Billing Period occurs.
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Carbon Permit means a unit, permit, credit, offset, permission, allowance or other proprietary right capable of being used by its holder to satisfy a liability for the emission of one tonne of carbon dioxide equivalent under the Carbon Scheme and if the Carbon Scheme provides for Carbon Permits with different vintage years or different periods during which they are eligible for surrender, that Carbon Permit is of the vintage year (or other period during which they are eligible for surrender) which corresponds to the financial year (or other relevant period prescribed by the Carbon Scheme) in which the first day of the relevant Billing Period occurs. Carbon Reference Price means, for the relevant Billing Period (expressed in $/tonne CO2-e, exclusive of GST):
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Examples of Carbon Permit in a sentence

  • EnergyAustralia notes that an assumed benchmark of 2.4% for UAG leakage from large pipelines has been used as the basis for calculating Carbon Permit Costs.

  • EnergyAustralia believes the actual UAG leakage between the UAG Target of 2.1% and the amended UAG Tolerance of 2.4% (assuming the tolerance is applied) should be used in determining the Carbon Permit Costs to make the Carbon Permit Costs consistent with the UAG calculations.


More Definitions of Carbon Permit

Carbon Permit means a permit issued pursuant to regulations made under paragraph 94.1(1)(a).
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Related to Carbon Permit

  • Construction permit is defined in Section 4.

  • Occupation Permit means a temporary or permanent occupation permit issued by the Building Authority in relation to the Development or any part or parts thereof;

  • Title V Permit means an operating permit under Title V of the Act.

  • Operating Permit means a permit issued pursuant to section 10 of this local law. The term “Operating Permit” shall also include an Operating Permit which is renewed, amended or extended pursuant to any provision of this local law.

  • PAL permit means the construction permit issued by the Department that establishes a Plantwide Applicability Limitation (PAL) for a major stationary source.