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Agenda - 02-03-2009 - 6b
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Agenda - 02-03-2009 - 6b
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Last modified
3/21/2016 10:50:10 AM
Creation date
1/30/2009 3:34:02 PM
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BOCC
Date
2/3/2009
Meeting Type
Regular Meeting
Document Type
Agenda
Agenda Item
6b
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Minutes - 20090203
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\Board of County Commissioners\Minutes - Approved\2000's\2009
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44 <br /> will be adjusted as set forth below to the extent that the GWP for methane changes during the <br /> Term of this Agreement as follows: <br /> a. For any month in which the GWP of methane is twenty-three (23) or greater, as <br /> accepted under any Laws regulating the GHG emissions of the University, or, in <br /> the absence of such Laws, as provided in the then-current General Reporting <br /> Protocol for the Voluntary Reporting Program published by The Climate <br /> Registry, then the University shall make a payment to the County in the Monthly <br /> Billing Statement for such month ,.N to enty-five percent (25%) of the <br /> product that results from multipl 7.11'a i) les .f the Average Market Price of <br /> Emissions Allowances or the Forecasted .n Price for such month by (ii) the <br /> difference between the number of metric tons 02- destroyed by the LFG <br /> Project calculated by reference to a GWP of twen• ee (23) or greater and the <br /> number o €' ms of CO2e destroyed by the LFG Project calculated by <br /> refe 1 of twenty-one (21). A sample calculation is provided in <br /> ibit G. <br /> . For an in ,a the GWP of methane is nineteen(19) or less, as accepted <br /> under any ► 4- re: AI +: the GHG emissions of the University, or, in the <br /> ce of 1 Laws, as provided in the then-current General Reporting <br /> Prot,;:. the Voluntary Reporting Program published by The Climate <br /> Rey' ' , then the University shall reduce the payment due the County in the <br /> Monthly Billing Statement for such month by an amount equal to twenty-five <br /> percent (25%) of the product that results from multiplying (i) the lesser of the <br /> Average Allowance Market Price or the Forecasted Carbon Price for such month <br /> 39 <br /> (00018638.DOC 21) <br />
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