Sentences with phrase «tradable permit systems»

Most others lined up behind some form of tradable permit system.

Not exact matches

McCain has cosponsored a bill, so far rejected by his colleagues, that would set up a national system of tradable emissions permits for greenhouse gases and would require U.S. emissions in 2010 to be no more than in 2000 — not quite Kyoto, which sets the levels 7 percent below 1990 — but a start.

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.

Cap - and - trade systems using tradable permits are sometimes an alternative to environmental tax restructuring.

In the 1980s, tradable - permit systems were used to accomplish the phasedown of lead in gasoline -(at a savings of about $ 250 million per year), and to facilitate the phaseout of ozone - depleting chloroflourocarbons (CFCs); and in the 1990's, tradable permits were used to implement stricter air pollution controls in the Los Angeles metropolitan region, and — most important of all — a cap - and - trade system was adopted to reduce sulfur dioxide (SO2) emissions and consequent acid rain by 50 percent under the Clean Air Act amendments of 1990 (saving about $ 1 billion per year in abatement costs).

Tradable Permits: These are also known as marketable permits or cap - and - trade sPermits: These are also known as marketable permits or cap - and - trade spermits or cap - and - trade systems.

What has caught on instead is a variant that most economists consider more or less equivalent: a system of tradable emissions permits, a k a cap and trade.

His favored solution would involve establishing a longterm fishery infrastructure that would be controlled by the private sector — a model that would revolve around a system of tradable permits:

Starting in 2012, the agency implemented a statewide cap - and - trade system that imposed a ceiling on greenhouse - gas emissions across key sectors and then distributed a fixed number of tradable pollution permits to businesses.