Assigned amount units
   HOME

TheInfoList



Click Here for Items Related To - Assigned amount units
OR:
Assigned amount units on:   [Wikipedia]   [Google]   [Amazon]

An assigned amount unit is a tradable "Kyoto unit" or "
carbon credit A carbon credit is a generic term for any tradable certificate or permit representing the right to emit a set amount of carbon dioxide or the equivalent amount of a different greenhouse gas (tCO2e). Carbon credits and carbon markets are a compo ...
" representing an allowance to emit greenhouse gases comprising "one metric
tonne The tonne ( or ; symbol: t) is a unit of mass equal to 1000  kilograms. It is a non-SI unit accepted for use with SI. It is also referred to as a metric ton to distinguish it from the non-metric units of the short ton ( United State ...
of
carbon dioxide equivalent Global warming potential (GWP) is the heat absorbed by any greenhouse gas in the atmosphere, as a multiple of the heat that would be absorbed by the same mass of carbon dioxide (). GWP is 1 for . For other gases it depends on the gas and the time ...
, calculated using
global warming potential Global warming potential (GWP) is the heat absorbed by any greenhouse gas in the atmosphere, as a multiple of the heat that would be absorbed by the same mass of carbon dioxide (). GWP is 1 for . For other gases it depends on the gas and the time f ...
s". Assigned amount units are issued up to the level of initial "assigned amount" of an Annex 1 Party to the
Kyoto Protocol The Kyoto Protocol was an international treaty which extended the 1992 United Nations Framework Convention on Climate Change (UNFCCC) that commits state parties to reduce greenhouse gas emissions, based on the scientific consensus that (part ...
. The "assigned amounts" are the
Kyoto Protocol The Kyoto Protocol was an international treaty which extended the 1992 United Nations Framework Convention on Climate Change (UNFCCC) that commits state parties to reduce greenhouse gas emissions, based on the scientific consensus that (part ...
Annex B emission targets (or "quantified emission limitation and reduction objectives") expressed as levels of allowed emissions over the 2008–2012 commitment period.


Application

Article 17 of the
Kyoto Protocol The Kyoto Protocol was an international treaty which extended the 1992 United Nations Framework Convention on Climate Change (UNFCCC) that commits state parties to reduce greenhouse gas emissions, based on the scientific consensus that (part ...
allows emissions trading between Annex B Parties (countries). Parties that have "assigned amount units" to spare because of reductions in emissions below their Kyoto commitment set out in Article 3 and Annex B may sell those units to countries that have emissions exceeding their targets. Article 17 also requires that any such emissions trading shall be supplemental to domestic action for the purpose of meeting quantified emission limitation and reduction commitments (QELRCs).


See also

*
Kyoto Protocol The Kyoto Protocol was an international treaty which extended the 1992 United Nations Framework Convention on Climate Change (UNFCCC) that commits state parties to reduce greenhouse gas emissions, based on the scientific consensus that (part ...
*
Certified Emission Reduction Certified Emission Reductions (CERs) are a type of emissions unit (or carbon credits) issued by the Clean Development Mechanism (CDM) Executive Board for emission reductions achieved by CDM projects and verified by a DOE (Designated Operational E ...
*
Emission Reduction Unit The emission reduction unit (ERU) is an emissions unit issued under a Joint Implementation project in terms of the Kyoto Protocol. An ERU represents a reduction of greenhouse gases under the Joint Implementation mechanism, where it represents one t ...
*
Removal Units A Removal Unit (RMU) is a tradable carbon credit or 'Kyoto unit' representing an allowance to emit one tonne of greenhouse gases absorbed by a removal or carbon sink activity in an Annex I country. Removal Units are generated and issued by Kyoto ...
*
Voluntary Emissions Reduction Voluntary Emission Reductions or Verified Emission Reductions (VERs) are a type of carbon offset exchanged in the voluntary or over-the-counter market for carbon credits. Verified Emission Reductions are usually certified through a voluntary certif ...
*
Emissions trading Emissions trading is a market-based approach to controlling pollution by providing economic incentives for reducing the emissions of pollutants. The concept is also known as cap and trade (CAT) or emissions trading scheme (ETS). Carbon emission t ...
*
Flexible mechanisms Flexible mechanisms, also sometimes known as Flexibility Mechanisms or Kyoto Mechanisms, refers to emissions trading, the Clean Development Mechanism and Joint Implementation. These are mechanisms defined under the Kyoto Protocol intended to lower ...
*
List of Kyoto Protocol signatories As of June 2013, there are 192 parties to the Kyoto Protocol to the United Nations Framework Convention on Climate Change, which aims to combat global warming. This total includes 191 states (189 United Nations member states as well as the Cook ...


References

Climate change policy Carbon finance Climate change treaties United Nations Framework Convention on Climate Change Greenhouse gas emissions {{climate-change-stub