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CERs can be held by governmental and private entities on electronic accounts with the UN. CERs can be purchased from the primary market (purchased from an original party that makes the reduction) or secondary market (resold from a marketplace). At present, most of the approved CERs are recorded in CDM Registry accounts only.
If exporting goods that are valued more than $2,500, an extra form is required: the Electronic Export Information (EEI) form. The Automated Export System (AES) is the system used by U.S. exporters to electronically declare their international exports. This information is used by the Census Bureau to help compile U.S. export and trade statistics ...
Renewable energy projects can include hydroelectric, wind, photovoltaic solar, solar hot water, biomass power, and heat production. These types of projects help societies move from electricity and heating based on fossil fuels towards forms of energy that are less carbon-intensive. However, they may not qualify as offset projects.
A Certificate of Origin or Declaration of Origin (often abbreviated to C/O, CO or DOO) is a document widely used in international trade transactions which attests that the product listed therein has met certain criteria to be considered as originating in a particular country. A certificate of origin / declaration of origin is generally prepared ...
The United States Bureau of Industry and Security (BIS) assigns an alphanumeric code, known as the Commodity Classification Automated Tracking System (CCATS), to products classified under the Export Administration Regulations (EAR).
An EEI is generally required when any one commodity on a given shipment exceeds in value. There are four conditions that necessitate filing an EEI regardless of value: a) if the export destination is Cuba, Iran, North Korea, Sudan, or Syria; b) if the shipment requires an export license or permit; c) if it is subject to the International Traffic in Arms Regulations; or d) if it contains rough ...
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 ...
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