Flinx has immense wealth; his bank account was hacked to generate and keep infinite credits.
Since GHG mitigation projects generate credits, this approach can be used to finance carbon reduction schemes between trading partners and around the world.
Many companies now engage in emissions abatement, offsetting, and sequestration programs to generate credits that can be sold on one of the exchanges.
But it argues that "a transition period should be allowed in which subnational or project-scale activities can generate credits for sale," which will ensure "learning by doing."
Businesses that developed techniques or technologies to reduce their emissions below the required levels would generate credits they could sell on the open market to other companies that were unable to meet the requirements or found it uneconomical to do so.
California rules allow companies to generate "credits" for clean cars, and Ford could insist that for each glider it sold, the credit would go back to Ford.
Certified Woodland Carbon Code projects do not generate credits that are fungible with international markets or carbon offsetting requirements.
A point source seller should meet its most stringent effluent limitation before it can generate credits.
A nonpoint source seller should meet its TMDL load allocation or, if there is no TMDL, it should meet any state and local requirements before it can generate credits.
Under the program, reductions in emissions generated credits for 30,000 to 40,000 tons of pollutants, said Amy Cradic, a spokeswoman for the Department of Environmental Protection.