double counting definition
double counting means the counting of a single emission reduction more than once towards achieving climate change mitigation by entities or jurisdictions;
double counting means when more than one claimant claims the same carbon credit;
double counting means the benefit or value of one carbon credit unit being inadvertently or intentionally used twice or more;
More Definitions of double counting
double counting means counting a single GHG reduction or removal, which is achieved through a mechanism issuing units, more than once towards attaining mitigation pledges or financial pledges for the purpose of mitigating climate change;
double counting means the allocation of a greenhouse gas reduction credit to more than one transaction either at the wholesale or retail level;
double counting means that a fuel can be accounted for with double its energy content in the quota, which makes
double counting means a scenario under which a singular greenhouse gas emission reduction or removal is reported
double counting means a scenario under which a singular greenhouse gas emission reduction or removal is reported or monetised separately by two different entities or where a greenhouse gas emission reduction or removal is sold to multiple buyers;
double counting means a practice in the carbon offsetting industry whereby identical Credits may be traded more than once to different customers.