Glossary

 

Glossary - Glossary Page 5

WordDescription
Climate Change levy (CCL):A tax which is applied to industrial and commercial energy supplies in the industrial, commercial, agricultural and public and service sectors in the UK. It was set up to encourage them to improve energy efficiency and reduce emissions through a price based system. The levy does not apply to domestic consumers, transport, or fuel used for the production of other energy (electricity generation) or for non-energy purposes. Renewable energy sources are exempt from the levy, as are good quality combined heat and power plants.
http://www.defra.gov.uk/environment/climatechange/uk/business/cca/levy.htm
Climate change:The name given to the process of increasing average temperature of the earth’s surface, caused by the man-made emissions of greenhouse gases. Climate change is expected to result in more extreme weather conditions, droughts and flooding and higher sea levels, and lead to resultant food shortages and an increase in the spread of diseases.
Compliance market:Developed as a direct result of the Kyoto Protocol, the compliance, or regulated carbon market, allows ratified countries to enter the marketplace to buy carbon credits or emissions reduction units.  The compliance market currently consists of the CDM, JI, Emissions Trading, and the EU ETS.
Corporate Social Responsibility (CSR):Refers to ongoing business commitment to behave sustainably and ethically and contribute to social and environmental as well as economic development.
Defra:The UK Government Department for Environment, Food and Rural Affairs, responsible for environmental issues http://www.defra.gov.uk/
Department of Energy and  Climate Change (DECC):UK Government department responsible for energy and climate change www.decc.gov.uk
Direct emission:A carbon emission which results directly from an organisation’s owned or wholly controlled business activity e.g. diesel generator or employee business travel using vehicles owned by the organisation.
Emission factor:A conversion factor used to convert a consumption unit (such as fuel use) into the corresponding equivalent emission of carbon dioxide.
Emission Intensity:

The ratio of an organisation’s carbon emissions in relation to another business indicator (e.g. CO2e per unit produced). Describing emission intensity helps to realise improvements in carbon efficiency, even when total emissions may have risen.


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