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Carbon Credits & Financing
The Hawaii Pacific Energy Group (HPEG) will develop and provide for a client the necessary documentation to register eligible renewable and alternative energy projects in the biofuels and waste-to-energy technology sectors for carbon credits within the scope of the Clean Development Mechanism (CDM) under the Kyoto Protocol. As part of the process we will assist the client with their carbon project registration with a clean energy regulator so as to be able to derive revenue by selling carbon credits in a carbon credit market. A carbon credit market is a system for trading "carbon credits" – financial instruments representing one tonne of carbon dioxide equivalent (CO2e) removed or reduced from the atmosphere – to combat climate change. There are two main types: compliance markets, driven by government regulations like the European Union's Emission Trading System, where companies buy and sell emission allowances to meet legal caps; and voluntary markets, where companies and individuals voluntarily purchase credits to offset their emissions and achieve sustainability goals. These markets provide financial incentives for emission reductions and fund climate solutions, though ensuring the integrity and quality of credits is a key challenge that governments are increasingly trying to address. As
part of the Kyoto Protocol, many developed countries have agreed to
legally binding limitations or reductions in their emissions of
greenhouse gases such as carbon dioxide and methane in two commitment
periods. The first commitment period
applied to emissions between 2008 and 2012, and the second commitment
period applied to emissions between 2013 and 2023. The protocol was
amended in 2012 to accommodate the second commitment period,
Nonetheless, the carbon credit market has continued after 2012. HPEG has the wherewithal to manage the process for registering CDM-eligible projects and has a network of entities willing to purchase certified emissions reductions (CERs) from projects implemented by HPEG.
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2025, Hawaii Pacific Energy Group. All rights reserved. |
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