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underlying data set is "Monthly Gas Price Assessments -Inside FERC". The value for <br />September 2008 was $8:45 per million Btu. <br />6. Cap-and-Trade System means a system that (i) establishes a total cap on GHG <br />emissions from an identified group of GHG emitters; (ii) establishes a market for Emission <br />Allowances; and (iii) allows trading of Emission Allowances among GHG emitters. <br />7. Carbon Credit means any contractual, equitable or statutory legal right, interest, <br />credit, offset, entitlement, beliefit, allowance or certificate evidencing a reduction from the <br />enviromnent of one metric ton of carbon dioxide or CO2e that is verified by (i) a federal, state, or <br />local Governmental Authority pursuant to laws or regulatiolis establishing a regulatory market <br />for reductions of GHG emissions, or (ii) an independent third-party utilizilig nationally- <br />recognized standards for establishing emissions reduction credits associated with non-regulated, <br />voluntary projects or activities. <br />8. Carbon Price Consultant means an independent, qualified nationally-recognized <br />consulting fern with significant experience in the regulated carbon markets established in the <br />United States under federal legislation enacting aCap-and-Trade System and the price of <br />Emission Allowances in such markets. <br />9. CO2e means carbon dioxide equivalent, or the base reference for the <br />determination of Global Warning Potential of Greel~liouse Gases of a similar amount of carbon <br />dioxide. <br />10. Conversion MMBTU HHV has the meaning set forth in Paragraph 118 of this <br />Agreement. <br />11. Conversion Payment has the meaning set forth in Paragraph 117. of this <br />Agreement. <br />6 <br />