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What are Verified Emissions Reductions?

April 26, 2017emissions reductions verified

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What are Verified Emissions Reductions?

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Verified Emissions Reductions (VERs) are are the quantified reduction in air pollution, owned by the company/entity that took the action to reduce the emissions. Verified Emissions Reductions are being produced through: • energy efficiency projects • by companies upgrading their plants to cause less pollution • and by clean energy sources that displace older, dirtier ones. Verified Emissions Reductions are measured by mass (kilograms or tonnes). VERs are expressed as kgs of carbon dioxide equivalent, or greenhouse gases (GHGs). What is a Certified Emission Reduction? A Certified Emission Reduction (CERs) is the technical term for the output of Clean Development Mechanism (CDM) projects, as defined by the Kyoto Protocol. A unit of Greenhouse Gas reductions that has been generated and certified under the provisions of Article 12 of the Kyoto Protocol, the Clean Development Mechanism (CDM). In contrast, Emissions Reduction Credits (ERCs) are used for Joint Implementation (JI) under Articl