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2009-004 Solid Waste - UNC - Landfill Gas Agreement
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2009-004 Solid Waste - UNC - Landfill Gas Agreement
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Last modified
7/17/2015 9:42:53 AM
Creation date
7/29/2009 12:27:50 PM
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BOCC
Date
2/17/2009
Meeting Type
Regular Meeting
Document Type
Agenda
Agenda Item
4l
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Agenda - 02-17-2009 - 4l
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\Board of County Commissioners\BOCC Agendas\2000's\2009\Agenda - 02-17-2009
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County under Paragraph 127 hereunder. A sample calculation is provided in <br />Exhibit G. <br />123. GWP Adjustment. The commercial teens set forth in this Agreement assume a <br />Global Warning Potential (GWP) for methane of twenty-one (21) to calculate the Envirornnental <br />Benefits that will result from the LFG Project's destruction of methane. Payments to the County <br />will be adjusted as set forth below to the extent that the GWP for methane changes during the <br />Tern 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-cuneilt 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 equal to twenty-five percent (25%) of the <br />product that results fiom multiplying the (i) lesser of the Average Allowance <br />Market Price of Emissions Allowances or the Forecasted Carbon Price for such <br />month by (ii) the difference between the number of metric tons of C02e <br />destroyed by the LFG Project calculated by reference to a GWP of twenty-tluee <br />(23) or greater and the number of metric tons of C02e destroyed by the LFG <br />Project calculated by reference to a GWP of twenty-one (21). A sample <br />calculation is provided in Exhibit G. <br />b. For any month in which the GWP of methane is nineteen (19) or less, as accepted <br />under ally Laws regulating the GHG emissions of the University, or, in the <br />absence of such Laws, as provided in the then-current Genei°al Reporting <br />39 <br />
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