At lower carbon prices, plant developers could well conclude that it is more economical to build uncontrolled SCPC plants and then purchase credits to offset their emissions.
Not exact matches
But it's key to get
low -
carbon electricity «
at a
price British consumers are prepared to wear».
In this context, switching from high - cost diesel to a
low -
carbon alternative fuel isn't just the green thing to do; it's key to ensuring consumer products stay
at affordable
prices, Elizabeth Fretheim, director of business strategy and sustainability logistics
at Wal - Mart Stores Inc., explained
at a symposium last week hosted by the nonprofit group Business for Social Responsibility (BSR).
$ 8 billion) over first ten years for deficit reductionObeys PAYGO; Starting in 2026, 25 % of auction revenues for deficit reductionFuels and TransportationIncrease biofuels to 60 million gallons by 2030,
low -
carbon fuel standard of 10 % by 2010, 1 million plug» in hybrid cars by 2025, raise fuel economy standards, smart growth funding, end oil subsidies, promote natural gas drilling, enhanced oil recoverySmart growth funding, plug - in hybrids, raise fuel economy standards $ 7 billion a year for smart growth funding, plug - in hybrids, natural gas vehicles, raise fuel economy standards; offshore drilling with revenue sharing and oil spill veto, natural gas fracking disclosureCost ContainmentInternational offsetsOffset pool, banking and borrowing flexibility, soft
price collar using permit reserve auction
at $ 28 per ton going to 60 % above three - year - average market
price» Hard»
price collar between $ 12 and $ 25 per ton, floor increases
at 3 % + CPI, ceiling
at 5 % + CPI, plus permit reserve auction, offsets like W - MClean Air Act And StatesNot discussedOnly polluters above 25,000 tons of
carbon dioxide equivalent a year, regional cap and trade suspended until 2017, EPA to set stationary source performance standards in 2016, some Clean Air Act provisions excludedOnly polluters above 25,000 tons of
carbon dioxide equivalent a year, regional cap and trade pre-empted, establishes coal - fired plant performance standards, some Clean Air Act provisions excludedInternational CompetitivenessTax incentives for domestic auto industryFree allowances for trade - exposed industries, 2020
carbon tariff on importsCarbon tariff on importsReferences: Barack Obama, 2007; Barack Obama, 8/3/08; Pew Center, 6/26/09; leaked drafts of American Power Act, 5/11/10.
With the global economy in recession, fuel
prices still high and ever - tighter emissions laws ahead, you might imagine that they too would be heading
at full tilt towards an economical,
low -
carbon future.
In the UK, the levy control framework mechanism needs to be looked
at again to prevent
low fossil energy
prices disrupting the money available for
low carbon generation.»
(569 N • m) of torque • SRT performance: 0 - 60 mph in the
low five - second range, 0 -100-0 in under 17 seconds, 60 - 0 mph in approximately 110 feet • Benchmark braking • World - class ride and handling characteristics across a dynamic range • Functional, performance - oriented exterior design and race - inspired interior appointments • Benchmark performance
at the best
price PRODUCT CHRONOLOGY 2008 MODEL YEAR EXTERIOR • New color: Steel Blue Metallic Clear Coat INTERIOR • Available Side - curtain Air Bags • Available SIRIUS BackSeat TV ™ • Available SRT - engineered KICKER ® premium surround sound system • New instrument panel cluster • New center console • SRT - exclusive Reconfigurable Display (RCD) • LED lighting in the front cup holders and front - and rear - door map pockets • Dark Slate Gray interior color • Agate - color accent stitching •
Carbon - fiber - like pattern door handles and
carbon - fiber - like leather - trim steering wheel POWERTRAIN / CHASSIS • New optional 20 - inch aluminum wheel PACKAGES • Super Bee Special Edition — with Surf Blue Pearl Coat 2007 MODEL YEAR EXTERIOR • New color: TorRed INTERIOR • Optional Rear Seat Video system, including KICKER ® Mobile Surround Sound PACKAGES • Super Bee Special Edition — with Detonator Yellow exterior color • SRT Track Experience — Standard 2006 MODEL YEAR New high - performance version of the Dodge Charger with new 6.1 - liter HEMI ® engine EXTERIOR • Colors: Brilliant Black, Bright Silver, Inferno Red • New front fascia with integrated brake duct inlets • Insert in rear fascia • New rear spoiler • Body - color mirrors and door handles (carryover base car) • «SRT8» exterior badge (deck lid) • Mesh grille insert with «SRT» badge • Brake duct system in front belly pan • 16 mm clearance rear fascia to exhaust tips • New hood with scoop, bezel and underhood duct • New hood silencer pad INTERIOR • Colors: Dark Slate / Light Slate Gray • Sport front seats with matching trim on rear seats • Red accent stitching •
Carbon fiber leather on steering wheel upper • Satin finish steering wheel spokes (from 300C) • Satin Silver shift bezel and lock knobs (from 300C) • «SRT8» badge below right - hand air conditioning outlet duct • Satin Silver color for center stack bezel POWERTRAIN • 6.1 - liter HEMI ® engine (425 horsepower / 420 lb. - ft.)
To get those technologies off the shelf, a
price on
carbon is needed — but that
price should start
low and rise over time — it is the future
price of
carbon at the time when a new technology has emerged that provides the incentive for innovation, not the
price of
carbon today.
Only
carbon -
pricing provides strong incentives that push all sources to control
at the same marginal abatement cost, thereby achieving a given aggregate target
at the
lowest possible cost.
At a plausible GHG emissions price of $ 50 / t CO2eq under a future US carbon mitigation policy, such co-production systems competing as power suppliers would be able to provide low - GHG - emitting synthetic fuels at the same unit cost as for coal synfuels characterized by ten times the GHG emission rate that are produced in plants having three times the synfuel output capacity and requiring twice the total capital investmen
At a plausible GHG emissions
price of $ 50 / t CO2eq under a future US
carbon mitigation policy, such co-production systems competing as power suppliers would be able to provide
low - GHG - emitting synthetic fuels
at the same unit cost as for coal synfuels characterized by ten times the GHG emission rate that are produced in plants having three times the synfuel output capacity and requiring twice the total capital investmen
at the same unit cost as for coal synfuels characterized by ten times the GHG emission rate that are produced in plants having three times the synfuel output capacity and requiring twice the total capital investment.
First, and most obvious, no one (least of all Tony Abbott) believes that the government's «Direct Action» policy is a superior alternative to the
carbon price, one that will deliver emissions reductions more rapidly and
at lower costs.
The claim to a bright future which the nuclear industry clung to for the last 20 years was that the technology produced large quantities of
low carbon electricity
at a
low price — something that intermittent renewables could not do.
By putting a
price on
carbon, these policies give businesses the incentive to innovate so they can cut emissions
at the
lowest possible cost.
As Mark Jaccard and colleagues
at Simon Frazer University in Vancouver have shown,
carbon pricing tends to reach a political resistance point
at a relatively
low price.
At Shell we advocate publicly and to governments that a strong and stable
price on CO2 emissions will help drive the right investments in
low -
carbon technologies.
The report did not attempt to specify what the
carbon price should be, but Lord Stern said the EU
price at the moment is «far, far too
low».
The system of regulated end - user
prices, however, is subsidising electricity consumption
at a time when
low -
carbon power supply is becoming more constrained and expensive.
At present,
carbon prices in the fledgling market hover around a laughably
low $ 4 per tonne.
I stand to be corrected as I wouldnt follow things as closely as you guys would, but the net result is surely that the US have a clear need to generate energy
at the
lowest possible
price in order to remain compettitive which is likely to impact on your
carbon reduction plans and also you must rein in the various projects that will increase state spending.
«The collapse in the share
prices of the US coal sector 2011 - 14 is an illustration of how markets can punish investors in a climate - constrained world where
lower carbon technology is developing rapidly,» said Mark Fulton research advisor to
Carbon Tracker and formerly head of research
at Deutsche Bank on climate.
Because
low -
carbon technologies cost so much more, no political economy in the world has been willing to raise fossil energy
prices high enough to make renewable energy cost - competitive
at any scale that matters.
By the time the president made the decision, oil
prices were so
low that the «unlikely»
low oil
price scenario in the State Department Environmental Impact Statement (EIS)-- where oil
prices fell below $ 75 a barrel — had actually come to be and thus there was no shying away from the fact that the pipeline would cause the equivalent of over 6 million passengers cars worth of
carbon pollution every year for
at least 50 years.
And unless a global
carbon market is established, there's always a danger polluters will just move from a region with a high
carbon price, to a market with a
lower price, or no
price at all.
«Without ambitious climate targets there is no need for deep emission reductions and
carbon prices will remain
at low levels.
«
Carbon pricing makes sense in all countries, but
low - income countries, which may be more challenged to protect the people vulnerable to the initial economic impacts, may decide to start
pricing carbon at a
lower level and gradually increase over time.»
Particularly since we have a climate change bill making its way through Congress that will,
at long last, if all goes well, put a
price on
carbon emissions — thereby giving
low -
carbon energy sources what they desperately need, which is a fighting chance to compete with fossil fuels on something resembling a level playing field.
But remember,
carbon prices are likely to begin
at relatively
low levels, well short of the SCC.
I get that the proposed Australian
carbon tax goes half to some bumptious government programs and only half to the shareholders of CO2E, and is set
at an absurdly
low arbitrary level with no real plan for right -
pricing this common asset, so is bound to satisfy no one.
The ALJ accepted the global number despite the contradiction in the FSCC advocates» position: that Minnesota should use the global number as the measure of damage for each ton emitted in Minnesota and should also count emissions reductions from
pricing at the FSCC as an accruing climate benefit (even though they acknowledged emissions might well be shifted to locations with a
lower, or zero,
carbon price).
A
carbon price that reflects the full cost of emissions would increase the cost of gas - fired generation to a level
at or above the cost of some
low -
carbon options.
I am motivated to submit these comments so that there is
at least one voice of the unaffiliated public whose primary interest is
low rates and an understanding of the basis of the rationale for a
carbon price.
Which is a shame, because the Solcer House, designed by The Welsh School of Architecture's Ester Coma
at Cardiff University and built for the
Low Carbon Research Institute, was a prototype for a
carbon positive house that could be built
at an affordable
price.
Now lolling in the doldrums
at a mere 80 cents per tonne, the
low price of
carbon in the CDM means that the mechanism is failing.
Economists broadly agree that
carbon pricing is the preferred method for reducing emissions with the
lowest economic cost, but resistance to the idea
at the federal level has led to the territory being seceded to the governing Liberal party.