purchase allowance

If emission exceeds what is permitted by its allowances, an installation must purchase allowances from others.

Organizations must purchase allowances to cover all of their CO emissions with the exception of transport.

Any person or group, including brokers and investors, wishing to purchase allowances may open a general AMS account.

Instead, they have to purchase allowances from the market or from the EPA auction to cover their SO2 emissions.

This contrasts with the auction provisions in the existing Section 416 providing for a declining price auction where winning bidders purchase allowances at their bid prices.

Participating organisations will have to monitor their emissions and purchase allowances, initially sold by Government, for each tonne of CO2 they emit.

Producers and importers of refined petroleum products also will be kept out of the carbon market, but they still must purchase allowances at a fixed price from the allowance auction.

Sources that do not have a sufficient number of allowances to cover emissions must purchase allowances from other sources that have excess allowances from reducing emissions.

The Chicago Climate Exchange is a voluntary yet legally binding cap-and-trade emission scheme whereby members commit to the capped emission reductions and must purchase allowances from other members or offset excess emissions.

One worry, currently running strongest in New York, is that Midwestern utilities blamed for pollution in the Adirondack Mountains will be able to avoid reductions in emissions by purchasing allowances from other regions.

(3) The owner or operator of a facility may purchase allowances directly from theAdministrator to be used only to meet the requirements of sections 422, 432, 452, and 472, as the case may be, for a specified year.

A.R.R.F is one of only four organizations listed on the home page of the U.S. Environmental Protection Agency's Clean Air Markets as purchasing allowances to take them off the market.

Concerns include the cost of MRV and enforcement and the risk that facilities may be tempted to mislead rather than make real reductions or make up their shortfall by purchasing allowances or offsets from another entity.

Between 1768 and 1771 Barnard, on a salary of £200 a year and with a purchasing allowance of £2,000 a year, travelled on the Continent, buying books, visiting many of the principal cities, and taking advantage of the recent dispersal of many Jesuit libraries.