Climate Contract Playbook Edition 3
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Carbon offsetting means the purchase of a quantity of carbon credits equal to the amount of Residual Emissions from a project that has been verified in accordance with [insert name of voluntary standard] or from a United Nations Framework Convention on Climate Change (UNFCCC) clean development mechanism (CDM) [or [successor/equivalent] UNFCCC mechanism] project. District Heating Scheme means a new or existing system for the distribution of heat and hot water to buildings on the Development. Embodied Carbon means the Greenhouse Gases that are emitted through the production and delivery of building materials for and used in the Development. EV means a vehicle that uses one or more electric motors for propulsion and obtains all its power from an electric battery. EV Parking Spaces means spaces specifically designated for charging EVs through charge points or directly from the grid. EV Substation Capacity means a substation with sufficient capacity to be able support the requirements of the EV Parking Spaces. Greenhouse Gas (GHG) means gases that contribute to or accelerate the greenhouse effect by absorbing infrared radiation, including but not limited to: carbon dioxide, methane, nitrous oxide, sulphur hexafluoride, hydrofluorocarbons, perfluorocarbons and chlorofluorocarbons. Hydrocarbons means principally oil, gas and coal or other fuel source derived from an organic compound made up of hydrogen and carbon. Net Zero Objectives means obligations to: a) maximise the proportion of Zero Carbon Housing on the Development; b) use building materials with the lowest Embodied Carbon reasonably available; c) maximise self-generation of renewable energy on the Development; d) minimise the use of heating and hot water technologies that use Hydrocarbon fuels or produce Greenhouse Gases; e) establish a Community Energy Programme to supply renewable energy to the Development; f) maximise Carbon Capture at the Development; g) use Carbon Offsetting for the Development as a last resort; h) minimise the use of energy by the Development using ‘smart grid’, demand side energy management and other technologies; i) prioritise the use of electricity from renewable energy sources over all other types of fuel on the Development; j) maximise the EV Substation Capacity; and k) connect into existing District Heating Schemes where possible. Residual emissions means the [Greenhouse Gas] emissions that are emitted after all reasonable efforts have been made by the Developer to reduce the GHG emissions associated with the Development. Zero Carbon Housing means dwellings that are designed to [maximum energy efficiency standards/ Passive House standards/BREEAM rating outstanding] and to be heated and powered only through [on-site/off-site] renewable technologies and where their construction has resulted in net zero carbon emissions including through efficient methods of construction, the use of materials with low Embodied Carbon and the use of Carbon Offsetting for [unavoidable/residual] emissions.
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