Sentences with phrase «against pricing carbon»

There are two broad arguments against pricing carbon.

But neither critique is a knock against pricing carbon itself, but instead with some other decision a government made.

On today's episode, we're unpacking the arguments against pricing carbon.

Not exact matches

Daniel Klier, HSBC's head of strategy, told the FT that HSBC would «disclose [its] carbon footprint and stress test [its] lending book against carbon pricing.»

They call carbon pricing a tax that will make Canada uncompetitive, particularly up against a U.S. that doesn't have a similar burden.

They are now taking a surprisingly rigid position against any form of carbon pricing.

Through the following op - ed in Thursdayâ $ ™ s Toronto Star, the United Steelworkersâ $ ™ Canadian Director makes the case for a carbon tariff. It is now widely accepted that the struggle against global warming will involve placing a price on carbon emissions.

To rail against carbon pricing, when most Canadians want something done, is to open the door to more burdensome regulations and a worse competitive position for Canadian firms abroad.

«Importantly, it helps us to guard against future price rises in the cost of energy and imposts such as a carbon tax,» says Mr Gleeson.

Exxon Mobil also has adopted a proxy price for carbon, in some cases as high as $ 80 per ton of CO2, to hedge against future government regulation of carbon and help guide company decisionmaking around infrastructure investments and other capital spending.

He also warned against calls to auction off the allowances, saying that approach would allow carbon traders the ability to influence energy prices.

The 72 - year - old has also been arrested five times in protests against the continued burning of fossil fuels or to demand that the United States put a price on carbon emissions.

Set against the potential gains, the carbon emitted by a few polluting runs is a small price to pay.

For example, Paul is against putting a price on carbon emissions, something that climate policy experts and more than a few multinational companies are nearly unanimous in supporting.

Executive Summary Putting a price on carbon, based on the polluter pays principle, has the potential to be a powerful policy tool to reduce greenhouse gas emissions in the fight against climate change.

And in what we can only conclude is an offensive maneuver against burgeoning competitors, Ferrari made the 458 Italia's carbon - ceramic brake system standard - as with all of its U.S. models - rather than charging the price of a bathroom remodel for them.

By the 2040s, the Blueprints world sees renewable energy technologies compete on price against fossil fuels, which are well managed with carbon capture and storage.

Low fossil fuel prices tend to hurt the economic viability of low - carbon energy alternatives, and thus are generally regarded as a negative development in the fight against climate change.

As these alternative ways are competing against a set of products — in essence, two: petrochemical fuels and coal — that are subsidized by being allowed to use up the scarce resource of the carbon cycle's ability to cope with waste CO2E, the Market is not fair, and does not run according to Capitalist precepts, without such a carbon price.

But those gas - fired plants face commodity and carbon price risks that will expose Albertans to higher electricity bills over the long term, something wind energy, with no fuel costs and no carbon emissions, can protect against.

So if there is a real, though unquantifiably small, possibility of catastrophic climate change, and if we would ideally want some technological hedges as insurance against this unlikely scenario, and if raising the price of carbon to induce private economic actors to develop the technologies would be an enormously more expensive means of accomplishing this than would be advisable, then what, if anything, should we do about the danger?

The decision had cross-party support in the Senate vote, passing by 39 votes to 32, with only the Labor and Green parties voting against repealing the carbon pricing scheme they introduced, and which took effect two years ago.

EITEs, like aluminum and steel makers, use a lot of energy and trade on global markets against competitors in places without carbon pricing.

Investing in alternative fuels is not only good for the environment, it's a smart move for our company as biofuels have the potential to hedge against future oil price volatility and carbon regulations.

As can be seen, the 58 % - efficient CCGT is already running ahead of a 43 % - efficient lignite plant from a carbon price of $ 40 / t, while by contrast the 45 % - efficient CCGT is still uncompetitive against both 43 % - lignite and 46 % coal even at a price of $ 60 / t.

In fact, one key coal industry lobbying point against congressional climate action has been to warn that utilities» inevitable switch from carbon - intensive coal to natural gas would expose consumers to the risk of higher - priced electricity.

«What should have been a question about improving a policy instrument design became a vote for or against raising the carbon price and so raising energy prices in the EU.

Meanwhile, Americans for Prosperity campaigns against carbon pricing.

«We recognize that successfully transitioning to renewable energy will not only allow us to reduce our carbon emissions, but will also make business sense by offering us a hedge against fuel price risk.

Rex Tillerson claimed to support a carbon tax while CEO of ExxonMobil, but under his watch last year the oil and gas company lobbied against two pioneering carbon tax bills in Massachusetts, and it has long funded opponents of carbon pricing.

e that successfully transitioning to renewable energy will not only allow us to reduce our carbon emissions, but will also make business sense by offering us a hedge against fuel price risk.

I'll observe however, that the Abbott government itself has removed the strongest argument against the RET, namely, that it duplicates the effect of a carbon price (there were valid counterarguments, which I've discussed elsewhere, but it was still an important issue)

Two weeks ago, I listened — incredulously — to Minnesota's largest utility, Xcel Energy, suggest that solar energy offers its ratepayers no value as an environmental hedge against carbon emissions or as a price hedge against natural gas fuel price... Read More

This analytical report argues that the structure of the Clean Development Mechanism (CDM) has reduced the effectiveness of the resources spent on carbon reduction and attempts to measure the cost of the ineffectiveness analysing the projects registered under the CDM by measuring their cost of abatement against the price paid for doing the abatement.

It is high time for the US to adopt its own global market standard by implementing carbon pricing as an economy - wide, market - based solution against climate change.

In a bravura performance, Shultz articulated the rationales for a carbon tax (and against cap / trade), including cap / trade's price volatility and vulnerability to market manipulation, a carbon tax's straightforwardness, and the success (and revenue - neutrality) of British Columbia's carbon tax, as well as the general power of pricing and the insurance value of a carbon tax.

Chapter 4 offers forceful responses to standard (and largely mythological) arguments against carbon taxes and chapter 5 delves into some of the psychology that biases many people against using price instruments to address global warming.

As a particular for instance, I am thinking of graphical illustrations of how «time is working against us» if we continue to postpone higher, more socially responsible, carbon prices.

«Fossil fuel subsidies work against Canada's commendable progress in putting a price on carbon — they give money and tax breaks to the sources of carbon pollution that we're trying to scale back,» Amin Asadollahi, North American Lead on Climate Change Mitigation at the International Institute for Sustainable Development, said.

«If you put a price on carbon it enlists markets in the fight against global warming.

While it may remain profitable to build renewable energy installations, incentives against cutting carbon emissions were not strong enough: Prices for allowances to emit carbon dioxide have dropped and cheap gas in the United States is pushing an additional supply of hard coal on the market, reducing coal prices to their lowest in four years and incentivising utilities to sell more power from brown - and hard coal - fired power staPrices for allowances to emit carbon dioxide have dropped and cheap gas in the United States is pushing an additional supply of hard coal on the market, reducing coal prices to their lowest in four years and incentivising utilities to sell more power from brown - and hard coal - fired power staprices to their lowest in four years and incentivising utilities to sell more power from brown - and hard coal - fired power stations.