Wuppertal (2004), The Introduction of
Emissions Trading Systems as a Socio - Ecological Transformation Process, Wuppertal Institute for Climate, Environment and Energy.
Not exact matches
One recommendation by the alliance takes aim at Ontario government energy policy that could also double
as climate policy,
as the province has curtailed greenhouse gas
emissions coming from the electricity sector by closing coal - fired power plants, invested in costly solar and wind energy projects, and instituted a cap - and -
trade system that requires businesses to buy permits to cover their carbon
emissions.
In «Let them eat carbon» Sinclair reveals the financial implications of regulations such
as the Renewables Obligation and the EU
Emissions Trading System (EU ETS).
The first carbon market was the European Union's
Emissions Trading System (ETS), set up
as a result of the Kyoto protocol.
China could both benefit from the lessons of earlier efforts, such
as Europe's flagship carbon market — the world's largest, known
as the European Union
Emissions Trading System, or ETS.
Should the government impose a price on carbon
emissions, whether it is a tax or cap - and -
trade system, CO2 - free sources, such
as nuclear energy, will become even more competitive.
It gained urgency after the failure of the 2009 legislation known
as the Waxman - Markey bill, which was aimed at setting up an
emissions trading system in the United States.
A strong energy package approved last year by a key Senate panel is seen
as a sweetener for passing a much more controversial cap - and -
trade system to regulate the
emissions of greenhouse gases.
For now, the European
emissions trading system has emerged
as the core of a nascent global market because it features the strongest institutions and exchanges the greatest volume of credits.
The party opposes «any and all cap and
trade legislation» that would create a
system of tradable pollution permits designed to reduce industrial
emissions of warming gases such
as carbon dioxide.
Introduction The Climate Action Regulation (CAR), also known
as the Effort Sharing Regulation, is Europe's tool to reduce the climate impact of sectors not covered by the EU
Emissions Trading System (EU ETS).
Chinese President Xi Jinping announced Friday that China will develop a carbon
trading system as a way to reduce the country's greenhouse gas
emissions.
If Congress acts right away to pass President Obama's Recovery package and then takes decisive action this year to institute a cap - and -
trade system for CO2
emissions —
as many of our states and many other countries have already done — the United States will regain its credibility and enter the Copenhagen treaty talks with a renewed authority to lead the world in shaping a fair and effective treaty.
That's the optimistic opinion put forth by Speaker of the House Nancy Pelosi — she issued that statement
as Congress set about the «mother of all climate weeks» to debate revolutionary climate and energy legislation that could potentially land the US a cap and
trade system to cut nationwide carbon
emissions.
The European Commission was preparing an appeal on Friday to wealthy countries — and to the United States in particular — to adopt carbon
trading as the main
system for curbing greenhouse gas
emissions.
As signs grew that the Senate was in no mood to set up a trading system for curbing carbon dioxide emissions, as I noted how the climate policy debate had circled back lately to the emissions - capping plan for power plants that had been proposed in the 2000 Bush campaign for the presidency, I found myself thinking about the vacuum that's persisted where President Obama should have been on this issue (if he planned to live up to his campaign commitments
As signs grew that the Senate was in no mood to set up a
trading system for curbing carbon dioxide
emissions,
as I noted how the climate policy debate had circled back lately to the emissions - capping plan for power plants that had been proposed in the 2000 Bush campaign for the presidency, I found myself thinking about the vacuum that's persisted where President Obama should have been on this issue (if he planned to live up to his campaign commitments
as I noted how the climate policy debate had circled back lately to the
emissions - capping plan for power plants that had been proposed in the 2000 Bush campaign for the presidency, I found myself thinking about the vacuum that's persisted where President Obama should have been on this issue (if he planned to live up to his campaign commitments).
The «
emissions reductions» approach, including cap - and -
trade systems and other economic incentive mechanisms
as well
as direct regulatory controls, will require power plants, cars, and many other GHG sources to become more «efficient» by cutting their discharges.
It seems prudent to move toward slowing the growth of greenhouse
emissions, though a carbon tax,
as professor Yohe suggested, would be preferable to any kind of cap - and -
trade or cap - and - dividend
system.
As for caps on carbon dioxide, both Senator Barack Obama and Senator John McCain support having a cap on
emissions and a
trading system for permits to pollute under the descending ceiling.
It is nonetheless a decent example of how a
system would operate,
as far
as the mechanics of the cap and
trade are concerned — despite the relatively low impact on actual
emissions regulation.
Taken together, these initiatives to combat global warming now cover areas that include half the U.S. population, and state governments are already considering how to harmonize regional
trading systems with each other,
as well
as with the European Union's
emissions -
trading scheme.
One important advantage of
emission trading as an instrument to tackle climate change is that it is feasible to connect
systems across borders.
California's cap - and -
trade program for greenhouse gas
emissions took effect in January 2013, and
as the period of enforcement unfolds, both regulated entities and the California Air Resources Board (which is responsible for the implementation and management of the program) are considering how best to manage costs within the
system.
As if fulfilling that prophesy, last Friday Governor Cuomo announced that New York State will «explore the possibility» of linking RGGI with California's cap - and - trade system, envisioning a «North American market» where emissions allowances are bought and sold across the United States as well as in Canad
As if fulfilling that prophesy, last Friday Governor Cuomo announced that New York State will «explore the possibility» of linking RGGI with California's cap - and -
trade system, envisioning a «North American market» where
emissions allowances are bought and sold across the United States
as well as in Canad
as well
as in Canad
as in Canada.
California will have the world's first economy - wide
emissions trading system beginning next year,
as it extends that program to include transportation fuels.
The Commission sees the EU ETS
as an important building block for the development of a global network of
emission trading systems.
Thus, today there's a keener appreciation that cap - and -
trade regimes such
as Europe's ambitious
Emissions Trading System have been costly failures, with one study suggesting the E.T.S. had «limited benefits and embarrassing consequences» in terms of emissions — at an estimated cost to consumers of some $ 280
Emissions Trading System have been costly failures, with one study suggesting the E.T.S. had «limited benefits and embarrassing consequences» in terms of
emissions — at an estimated cost to consumers of some $ 280
emissions — at an estimated cost to consumers of some $ 280 billion.
The EU ETS is a «cap and
trade»
system, that is to say it caps the overall level of
emissions allowed but, within that limit, allows participants in the
system to buy and sell allowances
as they require.
The EU - ETS is a cap - and -
trade system, covering energy intensive industries responsible for half the EU's
emissions as well
as aviation.
Here are some of the problems: A non-voluntary
emission -
trading system can not work without a mandatory cap on
emissions, either for the economy
as a whole or for individual sectors.
Expanding the carbon tax to include all greenhouse gas
emissions generated in B.C., or capturing these «fugitive» industrial
emissions as part of a future cap and
trade system.
2015 saw Asia emerge
as the new hotspot for
emissions trading, with nine new
systems launched in the past three years, including of the Republic of Korea at the beginning of the year.
Since these conservatives have successfully blocked attempts to implement a cap and
trade or other carbon pricing
system, we are left with government regulation (via the EPA and its endangerment finding)
as the only alternative to reduce GHG
emissions from large emitters.
Handle greenhouse gas
emissions through legislation such
as a carbon tax or a cap - and -
trade system that addresses such
emissions explicitly.
In an agreement announced on Feb. 26, 2007, TXU agreed to cancel 8 of its planned 11 new Texas coal - fired power plants
as well
as several new coal - fired plants in Pennsylvania and Virginia, back federal legislation to create a cap - and -
trade system regulating CO2
emissions, and double spending on energy efficiency.
Emissions trading systems have been intentionally riddled with loopholes to enable companies to postpone cutting emissions as well as mute the carbon price signal that would favor the lower - emitting products or services on th
Emissions trading systems have been intentionally riddled with loopholes to enable companies to postpone cutting
emissions as well as mute the carbon price signal that would favor the lower - emitting products or services on th
emissions as well
as mute the carbon price signal that would favor the lower - emitting products or services on the market.
Even year - to - year «
emissions certainty» is vitiated in the European Emissions Trading System by provisions allowing borrowing and banking of allowances as well as by voluminous
emissions certainty» is vitiated in the European
Emissions Trading System by provisions allowing borrowing and banking of allowances as well as by voluminous
Emissions Trading System by provisions allowing borrowing and banking of allowances
as well
as by voluminous offsets.
Increasing the energy efficiency target should be welcomed
as an opportunity to revise the inadequate and further strengthen relevant tools, such
as the
Emissions Trading System.
There's nothing very romantic about EU climate policy — even if some environmental groups trailed the European Parliament's vote on the reform of the
emissions trading system (EU ETS)
as an occasion for «climate love».
The ETS is Europe's version of a cap - and -
trade system, which sets a ceiling
as a benchmark for the total greenhouse gas
emissions that sectors covered by the ETS are allowed to produce.
The proposed cap and
trade system for carbon
emission permits bears many of the same hallmarks
as fiat currencies, and the same groups stand to benefit.
The ongoing process of the Kyoto mechanisms, such
as the CDM and the
emissions trading system, demand market certainty, made possible by a strong mandate to develop effective tools to mitigate GHG
emissions and fund adaptation projects.
Emissions will be reined in through what is known
as a cap - and -
trade system.
The cap and
trade system is recognised
as an effective way to reduce
emissions, but those countries trying to make it work already face significant challenges.
Administrators of the EU
Emissions Trading System have embraced auctions as the primary method of distributing emissions allowances going
Emissions Trading System have embraced auctions
as the primary method of distributing
emissions allowances going
emissions allowances going forward.
Take a couple of classes, before throwing around... assertions like ``... the experience has badly bruised the credibility of so - called cap - and -
trade systems as an effective and reliable means of regulating
emissions of CO2.»
It could,
as Michael A. Livermore has argued, work with states to create a cap - and -
trade system for greenhouse gases, which would, in theory, give polluters more flexibility to cut their
emissions (rather than having every facility have to conform to the same rigid set of rules).
As most smaller emitters don't have the administrative capacity to prove their emissions, they are left out of cap - and - trade systems, as in the EU less then 50 % of emissions being covere
As most smaller emitters don't have the administrative capacity to prove their
emissions, they are left out of cap - and -
trade systems,
as in the EU less then 50 % of emissions being covere
as in the EU less then 50 % of
emissions being covered.
As Mr. Green has pointed out here, setting up a
trading system in carbon credits encourages corruption when it comes to setting caps on
emissions and handing out credits to industries that emit carbon:
Jon Huntsman, the Republican governor of Utah, also favors a cap - and -
trade system for limiting carbon
emissions,
as mentioned in this New York Times profile.