Steve Mills

A measure of the amount of carbon dioxide (CO2) emitted through the combustion of fossil fuels; can be measured on a personal or national level, or according to a specific activity, such as taking a flight to go on holiday.

A credit or permit arising from a greenhouse gas emissions reduction scheme, such as emissions trading, JI or CDM. Emissions are controlled by setting a cap on total emissions and allowing the market sector(s) to reach an economically balanced response via trading of emissions allowances.

A technological solution for capturing carbon dioxide as it is released into the atmosphere from fossil fuels either before or after combustion.

A pricing method or formula where the price to be received by a producer or supplier is based on the market price for the commodity or product to be sold minus one or more agreed deductions. For example, liquefied natural gas (LNG) netback prices may be determined by the market…

A body set up to work closely with the private sector to tackle climate change. The LCCA has been formed as a Mayoral led agency by the London Development Agency to enable and deliver sustainable and renewable energy and energy efficiency projects that will lead to a reduction of carbon…

In 1997, representatives from over 170 nations met in Kyoto, Japan to put together a new global treaty - the Kyoto Protocol to the United Nations Framework Convention on Climate Change (UNFCCC) - laying down legally binding reductions in greenhouse gas emissions throughout developed countries emissions by an average of…

An investment strategy in which one invests in line with ethical principles and excludes companies deemed to be unethical.

Assessment of the potential impact of the proposed development on the physical, biological and human environment during construction, operation and decommissioning.

One of the Flexible Mechanisms defined in the Kyoto Protocol (IPCC, 2007) that provides for emissions reduction projects which generate Certified Emission Reduction units (CERs) which may be traded in emissions trading schemes.

A  Bond issued to an SPV at the instruction of a construction contractor (usually by a banker to that contractor) which guarantees the obligations of the contractor up to the amount of the bond during the warranty period.