Examples of using Erus in English and their translations into German
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ERUs can be sold within the scope of emissions trading.
But the study found more than 95% of ERUs were issued by countries with significant surpluses of allowances.
ERUs have accounted for 3.9% of all surrenders between 2008 and 2012.
Thus as an operator oraircraft operator you can also use CERs and ERUs from the years 2008-2012 for emissions starting in 2013.
June 2014- Continuation of CDM and JI projects alreadyin place has been thrown into question by the lack of demand for CERs and ERUs.
Rules on the use of CERs and ERUs in the EU Emissions Trading Scheme( EU ETS) promise to be complex in the future.
To achieve this goal, EBRD purchased the same amount of Emission Reduction Units(ERUs) the conference produced in CO2 emissions.
If those countries issued non-additional ERUs, they would not have to make up the difference by further reducing emissions at home.
It also does not prevent EU private sector entities to generate, hold, or transfer CERs and ERUs beyond any quantitative limit.
The ERUs originated from the wind farm Śniatowo in Northwest Poland which was developed and constructed by vortex energy group.
Under the proposal, the competent authorities can convert CERs and ERUs from project activities that comply with the following conditions.
CERs and ERUs from projects of emission reduction between 2008 and 2012 can only be exchanged for EUAs(or EUAAs for aviation) until 31st March 2015.
This fuels fears that the ETS will not recover mid-term,which in turn will keep demand for CERs and ERUs at low levels for years to come.
The Register Ordinance closed the door to the exchange of ERUs at the end of 2012 with legally binding effect as of April 2013 the deadline for ERUs issued in 2012.
While existing carbon-free sources would not receive any allowances in the initial allocation in the framework of the national allocation plans, new investments in carbon-freesources can not be awarded ERUs for conversion into allowances either.
The origin of these CERs and ERUs was from a limited number of countries, with 80% of CERs originating from China and nearly 5% from India, and 70% of ERUs from Ukraine and 25% from Russia.
Demand for Kyoto certificates has dropped significantly in recent times andthe associated drop in prices for CERs and ERUs has led to a strong decline in registration of new CDM and JI projects.
Purchasing emission reduction units(ERUs) generated by joint implementation(JI) projects in a the Central and Eastern European EU member states and EU accession countries, and b in other industrialised countries;
Such measures could include, for example, recommendations to undertake more action, national compliance action plans,the potential use of ERUs and CERs held in the EC registry to avoid non-compliance or preferential trading arrangements.
Operators may use CERs, ERUs or other credits approved in accordance with paragraph 4 from third countries which have concluded the international agreement, up to half of the reduction taking place in accordance with paragraph 2.
National registry' means a registry in the form of a standardised electronic database which includes data on the issue, holding, transfer, acquisition, cancellation and retirement of ERUs, CERs, AAUs and RMUs and the carry-over of ERUs, CERs and AAUs;
In the absence of such agreement,providing for further use of CERs and ERUs would undermine this incentive and make it more difficult to achieve the objectives of the Community on increasing renewable energy use.
The Union and the Member States shall set up and maintain registries to accurately account for the issue, holding, transfer, acquisition, cancellation and withdrawal of AAUs, RMUs, ERUs and CERs and the carry-over of AAUs, RMUs, ERUs and CERs.
Reporting in relation to the retirement of AAUs, CERs, ERUs or RMUs after the additional period referred to in paragraph 14 of Decision 13/CMP.1 for fulfilling commitments pursuant to Article 3, paragraph 1, of the Kyoto Protocol.
The main reason is that the“transformation” of an on-going JI project into an installation subject to allowance trading may result in legal and contractual difficulties for both the investor and the host countrythat have made a bilateral arrangement for the acquisition and transfer of ERUs.
If you want to successfully transfer CERs or ERUs from 2008-2012 to the Kyoto Registry of another state before the transaction stop in order to let them carry over there, please acquaint yourself beforehand of the regulations and quantity limits for a carry-over locally in force.
The Commission shall organise an exchange of information between the competent authorities of the Member States concerning developments relating to issues of allocation,the use of ERUs and CERs in the Community scheme, the operation of registries, monitoring, reporting, verification, accreditation, information technology, and compliance with this Directive.
This report shall pay particular attention to the arrangements for the allocation of allowances,the conversion of ERUs and CERs for use in the Community scheme, the operation of registries, the application of the monitoring and reporting guidelines, verification and issues relating to compliance with the Directive and on the fiscal treatment of allowances, if any.”.
Following the entry into force of the Kyoto Protocol and subject to paragraphs 2 and 3 of this Article,Member States may convert CERs and ERUs from project activities into allowances for use in the Community scheme during each period referred to in Article 11(2) of this Directive, at the request of an operator.