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;
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double counting means when more than one claimant claims the same carbon credit;
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double counting means the benefit or value of one carbon credit unit being inadvertently or intentionally used twice or more;
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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;
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double counting means the allocation of a greenhouse gas reduction credit to more than one transaction either at the wholesale or retail level;
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double counting means that a fuel can be accounted for with double its energy content in the quota, which makes
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double counting means a scenario under which a singular greenhouse gas emission reduction or removal is reported
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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;
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double counting means a practice in the carbon offsetting industry whereby identical Credits may be traded more than once to different customers.
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Related to double counting

  • Counting room means a suitable and convenient private place or room,

  • Financial Reporting Measure means any measure determined and presented in accordance with the accounting principles used in preparing the Company’s financial statements, and any measures derived wholly or in part from such measures, including GAAP, IFRS and non-GAAP/IFRS financial measures, as well as stock or share price and total equityholder return.

  • Financial Reporting Measures means measures that are determined and presented in accordance with the accounting principles used in preparing the Company’s financial statements, and all other measures that are derived wholly or in part from such measures. Stock price and total shareholder return (and any measures that are derived wholly or in part from stock price or total shareholder return) shall, for purposes of this Policy, be considered Financial Reporting Measures. For the avoidance of doubt, a Financial Reporting Measure need not be presented in the Company’s financial statements or included in a filing with the SEC.