Sentences with phrase «european emissions trading scheme»

Grubb, M., C. Azar, and U.M. Persson, 2005: Allowance allocation in the European emissions trading scheme: a commentary.

Although, according to Terry Barker of the University of Cambridge, it could also lead to a collapse of the European emissions trading scheme as declining demand for electricity leads to a plummeting price for emissions credits.

It is in this context that the recent reform of the European Emissions Trading scheme (EU - ETS)-- and in particular the introduction of the new mechanism for modulating supply, known as the Market Stability Reserve (MSR)-- is so interesting: it has thrust the issue of carbon pricing back into the headlines, not least owing to the 200 % increase in EU carbon prices since May last year.

The European emissions trading scheme, the largest in the world, «has reduced emissions by just 2 percent compared to the projected levels without ETS,» according to a 2010 report from the U.S. Climate Task Force.

Ms Kelly said the UK was also working in the UN for the European emissions trading scheme to form the basis of international regulations.

A climate change bill is due shortly which will set out ministers» plans to cut emissions at home in the UK, and changes to the European emissions trading scheme (ETS) are also planned, including its expansion into the emissions - heavy aviation industry.

If the effects of the European emissions trading scheme (ETS)- which gives industries pollution credits to use or sell - are included, this reduction would be 23.6 per cent.

Not exact matches

Since the Kyoto protocol came into force in 2005, companies in the developing world can generate greenhouse gas emission reductions and sell them as «carbon credits» in the developed world through such mechanisms as the European Union's Environmental Trading Scheme (EU ETS), which is similar to schemes in Japan and New Zealand.

The scheme, which allows European companies to trade their emissions of carbon greenhouse gases, was designed as a cost - effective, economically liberal solution to global warming.

A floating carbon price, or emissions trading scheme (ETS) that will be linked to the European carbon market, will start the following day.

The European Commission, meanwhile, says that despite the dash for coal in Germany, the carbon trading scheme remains successful overall, with a fall in CO2 emissions in 2009 of 11 per cent across the EU compared with 2008.

A truly strict global system, involving the majority of countries and imposing a tight cap on total emissions, would cut emissions more than the European trading scheme.

«Gazprom's customers in Europe — in particular utilities that burn gas to generate electricity — often need to offset their emissions under a European Union pollution trading scheme or the broader Kyoto Protocol on climate change.

Executive summary In autumn 2017, the EU Member States and the European Parliament agreed on the revision of the EU Emissions Trading System (EU ETS), setting out the scheme's rules for the 2021 - 2030 period.

To our non-European readers, it's perhaps worth pointing out that the European Union already runs a compulsory cap and trade scheme for CO2 emissions.

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.

However, worried about the verifiability and permanency of carbon dioxide stored in trees, the European Union does not allow credits generated that way to be traded in its emissions trading scheme.

Still, coal power accounts for 39 percent of carbon emissions within the European Union's emissions trading scheme, which includes factories and power stations from all 28 member states.

However, progress is being made on the Clean Development Mechanism (CDM)-- albeit slowly — to address some of its most serious flaws, including how to deal with non-additional, «hot air» projects in the world's largest emissions trading scheme, the European Emissions Trading Scheme emissions trading scheme, the European Emissions Trading Scheme (Etrading scheme, the European Emissions Trading Scheme Emissions Trading Scheme (ETrading Scheme (EU ETS).

4 Aug: Crikey: Ellen Sandell: Abbott's European holiday might make him hot and bothered Abbott seems to still be confused about the science of climate change, moving between «climate change is absolute crap» and aligning himself with the climate deniers, and at other times accepting that climate change is a problem, but just not one worth acting efficiently on... All of this will be news to most Europeans, who have long accepted the science of climate change and have been measuring their CO2 emissions in tonnes through the trading scheme, and are benefiting from climate change solutions... Studies predict an increase of up to 6.1 million jobs in 2050, and the EU - wide emissions trading scheme is expected to generate between $ 143 billion and $ 296 billion over the next six years... Maybe on the plane on the way home to Australia, Abbott could use the time to catch up on some reading.

The European Union's emissions trading scheme (ETS) is the world's largest cap - and - trade scheme, covering about half the bloc's carbon dioxide emissions.

The European Commission is currently investigating the merits of bringing intra-EU aviation into the existing EU emissions trading scheme (ETS) its key policy to reduce climate emissions from the sector.

The European Union will decide whether to include REDD in the next phase of its emissions trading scheme.

Australia's carbon price will link to European carbon prices in 2015 through the emissions trading scheme.

73) The EU trading scheme, to manage carbon emissions has completely failed and actually allows European businesses to duck out of making their emissions reductions at home by offsetting, which means paying for cuts to be made overseas instead.

Harrison, D. and D. Radov, 2002: Evaluation of alternative initial allocation mechanisms in a European Union greenhouse gas emissions allowance trading scheme.

Although the EU Parliament voted to strengthen European Commission plans to bring air travel into the EU Emissions Trading Scheme (EU ETS)[2], they failed to back tougher amendments that could have led to the scheme having a significant impact on aviation's rising eEmissions Trading Scheme (EU ETS)[2], they failed to back tougher amendments that could have led to the scheme having a significant impact on aviation's rising emissionsemissions.

The European Union has indicated that it intends to propose an expansion of the existing European Union emissions trading scheme to include emissions of greenhouse gases from marine vessels.

On Tuesday the European Parliament's 748 MEPs will vote on whether to withhold more than 900m carbon credits from the next phase of its emissions trading scheme (ETS).

The viability of the flagging EU Emissions Trading scheme (ETS) has been called into question again following the release of new data by the European Commission.

EUAs are the carbon allowances that serve as the unit of compliance under the European emissions - trading scheme (EU - ETS), with each EUA entitling the energy - intensive industries covered by the scheme — mainly power generators, steel companies, cement companies, and oil refiners — to emit one tonne of CO2.

As a result, the European Union has seen its CO2 output increase rather than decline since the emissions trading scheme came into effect.

«Gazprom's customers in Europe — in particular utilities that burn gas to generate electricity — often need to offset their emissions under a European Union pollution trading scheme or the broader Kyoto Protocol on climate change.

Operating since 2005, the European Union's cap and trade system is the largest multinational emissions trading scheme in the world.

One way of achieving that is to allow transfer of funds through a Clean Development Mechanism, such as the one available in the European trading scheme, which allows polluters in Europe to pay for emissions abatement in places such as China if that is more cost - effective than reducing pollution themselves.

With airlines set to join the European Union emissions trading scheme in January 2012, talks are reportedly underway with other airlines like easyJet, RyanAir and Aer Lingus.

The Institute added that while concerns have been expressed about the trading scheme's impact on European business, trading was devised in response to businesses's desire for flexibility in achieving compliance and the scheme «should be judged in light of other options for emission reduction, not the status quo».

According to IEA country report the Finnish subsidies for peat in 2007 - 2010 undermined the goal to reduce CO2 emissions and counteracted The European Union emissions trading scheme.

Between 2005 — when the European Union adopted its emissions trading scheme — and 2014, residential -LSB-...]

Between 2005 — when the European Union adopted its emissions trading scheme — and 2014, residential electricity rates in the EU increased by an average of 63 percent.

In the Air Transport Association case, for example, an association of American air transport companies challenged the EU's decision to apply its carbon emissions trading scheme to emissions by non-EU planes that took place outside European territory, if those flights landed in the EU.

This lead to a preliminary reference to the European Court of Justice regarding the legality of the EU's emissions trading scheme.

A hard Brexit will mean exiting the European Union Emissions Trading System (EU - ETS)-- the oldest emissions trading scheme and the primary tool to reducEmissions Trading System (EU - ETS)-- the oldest emissions trading scheme and the primary tool to reduce Trading System (EU - ETS)-- the oldest emissions trading scheme and the primary tool to reducemissions trading scheme and the primary tool to reduce trading scheme and the primary tool to reduce carbon.