The basic idea is that countries would
agree on a carbon price rather than an emissions limitation.
Not exact matches
Pretty well every economist you talk to will
agree: If you want to reduce pollution,
carbon or otherwise, the most cost - effective way to do so is with a
price on the emissions of that which you seek to reduce.
(For what it's worth, I
agree with Yohe's assessment, although I differ with his preference for a rising
price on carbon as the most feasible way to develop an energy menu that works for the long haul.)
On the other hand, if such a person answers «no» (in other words, if such a person does not
agree with the need for some system that generates a «
price» for putting
carbon dioxide into the atmosphere), then the discussion, logically, should shift, as follows:
That's why, the ministry says, the federal government
agreed with the 2011 Energy Package to introduce compensatory arrangements for businesses competing at a global level, including measures to offset increases in the
price of power stemming from the EU's
carbon emissions trade, and a cap
on their renewables allocation charge.
Environmental groups also wanted a high floor
on the
price of
carbon and were wary of a ceiling that, if met, would result in more allowances than the
agreed cap to be added to the market.
In the case of the damages from
carbon emissions, most economists
agree that the simplest way to correct for this deficiency is to impose an additional
price on those emissions.
The world is warming at an alarming rate, and scientists and economists
agree that putting an effective
price on carbon emissions is the single most important thing we can do to reverse this trend.
The contracts for closure scheme failed because the coal fired generators and the government could not
agree on price — mostly because the
carbon pricing package is so weak, and the compensation so great, that they stand to benefit from staying open.
For the purposes of this effort to develop a system that could put a
price on carbon in the New York State wholesale electric market I
agree that the IWG SCC estimate minus the RGGI cost is the appropriate parameter to use.
I very much
agree with Julian's main points concerning the necessity of China to begin putting a
price on its
carbon emissions by 2020, especially given how vulnerable China is to increasing concentrations of GHG, etc..
Accelerating research and development of renewable energy and energy efficiency, phasing out fossil - fuel subsidies and progressively putting an explicit
price on carbon pollution were all key objectives
agreed upon at the conference.
The report «identif [ies] the range of
carbon prices that, together with other supportive policies, would deliver
on the Paris climate targets
agreed by nearly 200 countries in December 2015,» according to the council's press release, which was issued under the title, Leading Economists: A Strong
Carbon Price Needed to Drive Large - Scale Climate Action.
If we
agreed on points like this, we really don't need to spend so much time and effort focusing
on regulation,
carbon pricing, emission targets and time tables and high cost mitigation policies that have low probability of achieving their aims.
Congress would have to
agree, but many climate experts say that the most meaningful way to tackle emissions is to set a
price on carbon.
Most policy experts
agree that the cheapest and most effective way to reduce
carbon emissions is to
price them; that is, to make emitters cover the costs that their emissions impose
on society.
It's also why even conservative economists like Nicholas Muller, Robert Mendelsohn, and William Norhaus
agree that we should put a
price on carbon emissions, even when their estimates of the current external costs of those emissions are exceptionally conservative.
A recent survey of 144 of the world's top economists with expertise
on climate change found that 88 %
agreed that the benefits of
carbon pricing outweigh the costs, and over 94 %
agreed the US should reduce its GHG emissions if other major emitters also commit to reductions (which many already have, particularly in Europe):