PART 2CLIMATE CHANGE
Targets and budgets: scope and main concepts
36Carbon units
1
In this Part, a “carbon unit” means a unit of a kind specified in regulations made by the Welsh Ministers and representing—
a
a reduction in an amount of greenhouse gas emissions,
b
the removal of an amount of greenhouse gas from the atmosphere, or
c
an amount of greenhouse gas emissions allowed under a scheme or arrangement imposing a limit on such emissions.
2
The Welsh Ministers may by regulations make provision for a scheme—
a
for registering or otherwise keeping track of carbon units, or
b
for establishing and maintaining accounts in which carbon units may be held, and between which they may be transferred, by the Welsh Ministers.
3
The regulations may, in particular, provide for an existing scheme to be adapted for these purposes (including by amending any enactment relating to the existing scheme).
4
The regulations may make provision—
a
appointing a person (an “administrator”) to administer the scheme;
b
conferring or imposing functions on the administrator for that purpose (including by amending any enactment relating to the administrator);
c
conferring power on the Welsh Ministers to give guidance or directions to the administrator;
d
conferring power on the Welsh Ministers to delegate the performance of any of the functions conferred or imposed on the Welsh Ministers by the regulations;
e
requiring the payment by persons using the scheme of charges (of an amount determined by or under the regulations) towards the cost of operating it.