Removal Credits

Removal credits: Credits generated from the volume of greenhouse gas emissions that a project removed from the atmosphere or ocean through the creation of a carbon sink/pool. For example, an ARR project that increases vegetation to sequester carbon.

REMOVAL PROJECTS

One of two main types of projects that produce carbon credits or offsets. Removal projects are aimed at removing GHG Emissions already released into the atmosphere by using nature-based and or technology-based methods.

REMOVAL UNIT (RMU)

A Kyoto Protocol unit equal to one metric tonne of carbon dioxide equivalent emissions absorbed or removed by a carbon sink project. RMUs are granted for carbon dioxide removal from the atmosphere by qualifying land use, land use change, and forestry activities.

RENEWABLE ENERGY

Electricity supplied from renewable energy sources, such as wind and solar power, geothermal, hydropower, and various forms of biomass. These energy sources are considered renewable sources because they are continuously replenished on the earth.

RENEWABLE ENERGY CERTIFICATE

Renewable Energy Certificates are tradable, non-tangible energy commodities that represent proof that 1 megawatt-hour (MWh) of electricity was generated from an eligible renewable energy resource (renewable electricity) and was fed into the shared system of power lines which transport energy. Renewable Energy Certificates provide a mechanism for the purchase of renewable energy that is added […]

RENEWABLE ENERGY CREDITS (REC)

Unlike a carbon offset, which represents one tonne of CO2e emissions reduction, a renewable energy credit represents one MWh of energy produced by a renewable energy source, such as solar, wind, or hydroelectric power.

RENEWABLE ENERGY SOURCES

Energy sources including solar energy, geothermal energy, wind power, hydropower, ocean energy (thermal gradient, wave power, and tidal power), biomass, animal power, and fuel wood.

RENEWABLE NATURAL RESOURCES

Natural resources that, after exploitation, can return to their previous stock levels by natural processes of growth or replenishment. “Conditionally renewable resources” are those whose exploitation eventually reaches a level beyond which regeneration becomes impossible. Such is the case with the clear-cutting of tropical forests.

RENEWABLE RESOURCES

Renewable resources are natural resources that have the capacity to regrow or replenish their original levels after exploitation, within a human timescale. However, this capacity also hinges on responsible resource management. Overwithdrawal of renewable resources such as water, wood or food can result in levels beyond which their regeneration is impossible.(1) The term renewable resources […]

RENOVATE/REPLACE

To renovate or replace an existing well that has an existing water right. A replacement well must be within 150 feet of the existing well to qualify as a replacement well. A new well located more than 150 feet but less than 660 feet from the existing well requires a change application but the application […]