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Certified emission reduction units (CERs) by country of origin October 2012 Certified emission reduction units (CERs) monthly spot prices 2012. Certified emission reductions (CERs) originally designed 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 ...
An account holder can therefore hold, transfer, cancel or acquire EU Allowances (EUAs) and Kyoto units (e.g. CERs, ERUs, AAUs, RMUs, tCERs and lCERs). Further details regarding each of these unit types can be found in A Guide to Using Kyoto Units in the European Union Emissions Trading Scheme, available on the Environment Agency's website. In ...
The developed country receives credits for meeting its emission reduction targets known as Certified Emission Reductions (CERs), while the developing country receives capital investment and clean technology or beneficial change in land use.
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NZ buyers switched from the more expensive CERS to cheaper NZUs which were traded at a record price of more than NZ$21 per tonne. [117] In July 2011, concerns over the Eurozone sovereign debt crisis combined with the high volumes of CERS being issued caused international CER prices to fall to a range between 9 and 10 euros. NZU prices fell to ...
Most of the demand for CERs from the CDM comes from the European Union Emissions Trading Scheme, which is the largest carbon market. In July 2012, the market price for CERs fell to new record low of €2.67 a tonne, a drop in price of about 70% in a year. Analysts attributed the low CER price to lower prices for European Union emissions ...
The Gold Standard logo. The Gold Standard (GS), or Gold Standard for the Global Goals, is a standard and logo certification mark program, for non-governmental emission reductions projects in the Clean Development Mechanism (CDM), the Voluntary Carbon Market and other climate and development interventions.
The California Environmental Resources Evaluation System (CERES) is a California Resources Agency program established to coordinate and provide access to a variety of environmental and geoinformation electronic data about California.