Sentences with phrase «abatement costs at»

The emissions price must also rise at roughly the rate of interest (about five percent) over time (to equate the discounted marginal abatement costs at different points in time).

Not exact matches

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.

-- almost 40 % of abatement could be accheived at negative marginal cost and generate positive economic returns over their lifecycle.

We present the first global analysis of the costs of abating the estimated 76 million tonnes of methane emitted worldwide each year in oil and gas operations, which suggest that 40 - 50 % of these emissions can be mitigated at no net cost, because the value of the captured methane could cover the abatement measures.

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).

If it is 50 % efficient that would double the CO2 abatement cost I've calculated ($ 239 / t CO2 — see summary at end of this document and see attached spreadsheet for calculations).

This approach seeks reduction efforts that are fair for all industrialized countries, by equally sharing the marginal abatement costs of greenhouse gas emission reductions, aiming at a 25 percent reduction from 1990 for these countries.

But, if there are symptoms (regionalized indicators of climate change) with an unknown cause (smoking / CO2), do we have them stop smoking at huge cost for the Chantix (CO2 abatement) or do we use that money to conduct further diagnostics?

Compared with the globally efficient policy (with a globally harmonized emissions price at all times), near - term emissions prices in developed countries rise from between a few percent and 100 percent under the different scenarios, and discounted global abatement costs are higher by about 10 to 70 percent.

The nuclear scenario costed here, with 73 % of electricity generated by nuclear, is estimated at 1/4 to 1/3 the capital cost, 1 / 3 to1 / 2 the cost of electricity and about 1/3 the CO2 abatement cost of the renewable energy scenarios.

Such micro-level «tipping points» at which investment decisions need to be taken may offer ongoing opportunities for lower cost abatement.

If the SCC can be shown to be negative at current levels of abatement (and bear in mind that your excellent chart of net benefits for various abatement paths refers to benefits relative to the 2010 policy stance) then I'd be content to freeze policy at current levels but to steadily transfer all policies to a carbon tax, or at least to cost them on a common basis, ie to treat renewable subsidies as implicit carbon taxes.

re negative carbon prices: SCC calculations allow for a level at which (marginal) abatement costs exceed projected damages so the SCC is negative.

At the request of Changning District government, the Bank team supported a Shanghai energy conservation institution, assisted by an international firm, in conducting a comprehensive survey of buildings in Hongqiao area in the Changning District, and in developing CO2 abatement cost curves to identify the abatement potential, cost, and ease of implementation of various mitigation measures.

The economic benefits are well known: By letting markets work, a tax achieves a given amount of emissions abatement at the lowest cost.

At the same time a reduction of operating costs for the abatement is possible.