Regulation 4 Carbon units

A carbon unit for the purposes of the Climate Change (Scotland) Act 2009 is a unit of the following kind:—

A carbon unit has a value of 1 tonne of carbon dioxide equivalent.

In this regulation—

• “assigned amount unit” means a unit issued—

  1. (a)

     under Article 7(3) of Decision No 280/2004/EC M1 of the European Parliament and of the Council concerning a mechanism for monitoring Community greenhouse gas emissions and for implementing the Kyoto Protocol; or

  2. (b)

     by a party to the Kyoto Protocol which is not subject to that Decision;

• F1“European Union allowance” means an allowance for the purposes of the EU ETS;

• “certified emission reduction ” means a unit issued under Article 12 of the Kyoto Protocol and the Decisions adopted under the UNFCCC or the Kyoto Protocol; and

• “emission reduction unit” means a unit issued under Article 6 of the Kyoto Protocol and the Decisions adopted under the UNFCCC or the Kyoto Protocol.