Sentences with phrase «emissions trading systems as»

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 emissionsas 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 commitmentsAs 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 commitmentsas 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 CanadAs 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 Canadas well as in Canadas 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 $ 280Emissions 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 $ 280emissions — 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 thEmissions 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 themissions 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 voluminousemissions certainty» is vitiated in the European Emissions Trading System by provisions allowing borrowing and banking of allowances as well as by voluminousEmissions 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 goingEmissions Trading System have embraced auctions as the primary method of distributing emissions allowances goingemissions 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 covereAs 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 covereas 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.
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