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Displaying 21 - 30 of 36 Terms

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1. Chicago Climate Exchange (CCX)

   CCX is North America's only voluntary, legally binding greenhouse gas (GHG) reduction and trading system for emission sources and offset projects in North America and Brazil.

2. CITL

   see Community Independent Transaction Log

3. Clean Air Act (CAA)

   The 1990 Clean Air Act is a piece of United States environmental policy relating to the reduction of smog and air pollution.

4. Clean Development Mechanism (CDM)

   see CDM

5. Clean Development Mechanism Executive Board (CDM EB)

   see CDM EB

6. Clear Skies Act (Clear Skies Initiative)

   The Clear Skies Act of 2003 is a proposed federal law of the United States. The official title as introduced is "a bill to amend the Clean Air Act to reduce air pollution through expansion of cap-and-trade programs, to provide an alternative regulatory classification for units subject to the cap and trade program, and for other purposes."

7. Climate Community and Biodiversity Standard (CCB Standard)

   The CCB Standard is a project design standard and offers rules and guidance for project design and development. It is intended to be applied early on during a project's design phase to ensure robust project design and local community and biodiversity benefits. It does not verify quantified carbon offsets nor does it provide a registry. The CCBS focus exclusively on land-based biosequestration and mitigation projects and require social and environmental benefits from such projects.

8. Climate Security Act (CSA)

   The America's Climate Security Act of 2007 was a global warming bill that was considered by the United States Senate to reduce the amount of greenhouse gases emitted in the United States.

9. Commitment Period Reserve

   In order to address the concern that Parties could "oversell" units, and subsequently be unable to meet their own emissions targets, each Party is required to maintain a reserve of ERUs, CERs, AAUs and/or RMUs in its national registry. This reserve, known as the "commitment period reserve", should not drop below 90 per cent of the Party's assigned amount or 100 per cent of five times its most recently reviewed inventory, whichever is lowest.

10. Compliance Committee

    The Compliance Committee is the body charged with ensuring compliance with the provisions of the Kyoto Protocol.

Displaying 21 - 30 of 36 Terms

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