Meaning of “carbon unit”
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Nodiadau Esboniadol
59. In this Act, a “carbon unit” is a unit of a kind specified in regulations made by the Department and representing—
(a)a reduction in an amount of greenhouse gas emissions,
(b)the removal of an amount of greenhouse gas from the atmosphere, or
(c)an amount of greenhouse gas emissions allowed under a scheme or arrangement imposing a limit on such emissions.