Sentences with phrase «allocation of allowances»

Initially, it was only able to do so through a one - way voluntary acceptance of EU ETS allowances to meet its own trading system's obligations, but joined fully in 2008, once the European Commission had accepted its proposals for a cap and allocation of allowances.
Free allocation of allowances can help compensate newly regulated sources for the cost of complying with the new regulations and may help reduce the risk for generators.
The environmental benefit of the first phase may be limited due to excessive allocation of allowances in some Member States and some sectors, due mainly to a reliance on emission projections before verified emissions data became available under the EU ETS.
The Blueprint identifies principles to guide the fair and equitable allocation of allowance value to mitigate costs to consumers and impacted sectors of the economy.

Not exact matches

Explaining that the funds available to the state, for now, were enough to pay the backlog of salaries and other allowances, Olatunbosun added that the Paris Club figure of N9.6 bn was intact apart from the regular monthly allocation of N1.9 bn after deductions.
«SERAP therefore urges you to use your good offices and leadership position to instruct the appropriate authorities to release budgetary allocations to ensure the immediate payment of all outstanding salaries and allowances of judges and judicial workers.
FOR THE ATTENTION OF GARBAge SHEHU «No allowance for officials on foreign medical treatment, and there is no provision for foreign exchange allocation for students and those seeking medical treatment overseas» — Buhari, (Punch 27th April 2016.)
«Immediately he receives federal allocation, instead of paying salary of workers and pensioners» allowances, Fayose will be going from town to town to deceive the hapless artisans at the grassroots that the money he received was not up to the amount announced and published.
If the Presidency does not review these «bogus» allocations in its proposed expenditure, it may lose the moral right to advise the National Assembly against spending some billions of naira on purchasing cars for its members despite the fact that the legislators have already collected their car allowances plus other sundry emoluments.
«The sum of N13.5 m shared by the Senate President and other senators monthly is neither part of their salaries and allowances as approved for them by the Revenue Mobilisation Allocation and Fiscal Commission nor contained in the Appropriations Act.
The pan-northern socio - political organisation, through its National Publicity Secretary, Muhammadu Ibrahim, argued that the bloated allowances of public officers, which he said accounted for 40 per cent of the national budget, should be converted to capital allocation to boost the economy.
The allowances were allegedly paid outside the approved Remuneration Package for Political, Public and Judicial Office Holders by the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) and the extant Revised Financial Regulations of the Federal Government of Nigeria, 2009.
The National Commission on Energy Policy's report presents an overview of major issues — such as allowance allocations, offsets, trade and costs — that will be followed in the coming weeks by the group's detailed recommendations and proposals.
Before we proceed, it's also worth noting here that preferred shares, which offer a hybrid of equity and fixed - income features, should never be considered part of your fixed - income allocation without making allowances for their specialized risks.
But with an appropriate asset allocation and this rate of spending, the Jeffersons would have a good chance most years to enjoy an increase in their spending allowance greater than inflation as their assets appreciated.
(2) earmarking the allocation of specified percentages of allowances, which presumably could be sold in order to create a pool of funding to support particular programs.
Establishing industrial energy efficiency program funding at 0.25 % of emissions allowances until 2030; and the establishment of a Revolving Loan Fund with 1/3 of the Energy - Intensive, Trade - Exposed Industries (EITE) allocations.
Furthermore, companies failing to surrender enough allowances to match their emissions will be deducted twice the amount of allowances from the following year's allocation and are fined CNY 50,000 (USD 7,398).
Twice the amount of the missing allowances can be withdrawn from the account of the company or deducted from next year's allocation.
Furthermore, companies that fail to surrender enough allowances to match their emissions will be deducted twice the amount of allowances from next year's allocation and are fined one to three times the average market price for every allowance, with a maximum limit of CNY 150,000 (USD 22,195).
The adopted rules provide that to the extent feasible, allocations are to be based on so - called benchmarks, e.g. a number of allowances per quantity of historical output.
The fairness of the system has been substantially increased by the move towards EU - wide free allocation rules for industrial installations and by the introduction of a redistribution mechanism that entitles new Member States to auction more allowances.
Kerry uses the boost to raise the number of allowance auctions, simplify the allocation process, reduce the number of offsets, and implement tighter restrictions on carbon trading and offsets.
While the great majority of allowances has been allocated free of charge to installations in the first and second trading periods, the Commission proposed that auctioning of allowances should become the basic principle for allocation.
The basic premise of cap and trade is that each year a certain amount of allowances, or permits to pollute, are made available by a mix of free allocation and quarterly auctions.
Subtitle B: Disposition of Allowances -(Sec. 321) Amends the CAA to set forth provisions governing the disposition of emission allowances, including specifying allocations: (1) for supplemental emissions reductions from reduced deforestation; (2) for the benefit of electricity, natural gas, and / or home heating oil and propane consumers; (3) for auction, with proceeds for the benefit of low income consumers and worker investment; (4) to energy - intensive, trade - exposed industries; (5) for the deployment of carbon capture and sequestration technology; (6) to invest in energy efficiency and renewable energy; (7) to be distributed to Energy Innovation Hubs and advanced energy research; (8) to invest in the development and deployment of clean vehicles; (9) to domestic petroleum refineries and small business refiners; (10) for domestic and international adaptation; (11) for domestic wildlife and natural resource adaptation; and (12) for international clean technology dAllowances -(Sec. 321) Amends the CAA to set forth provisions governing the disposition of emission allowances, including specifying allocations: (1) for supplemental emissions reductions from reduced deforestation; (2) for the benefit of electricity, natural gas, and / or home heating oil and propane consumers; (3) for auction, with proceeds for the benefit of low income consumers and worker investment; (4) to energy - intensive, trade - exposed industries; (5) for the deployment of carbon capture and sequestration technology; (6) to invest in energy efficiency and renewable energy; (7) to be distributed to Energy Innovation Hubs and advanced energy research; (8) to invest in the development and deployment of clean vehicles; (9) to domestic petroleum refineries and small business refiners; (10) for domestic and international adaptation; (11) for domestic wildlife and natural resource adaptation; and (12) for international clean technology dallowances, including specifying allocations: (1) for supplemental emissions reductions from reduced deforestation; (2) for the benefit of electricity, natural gas, and / or home heating oil and propane consumers; (3) for auction, with proceeds for the benefit of low income consumers and worker investment; (4) to energy - intensive, trade - exposed industries; (5) for the deployment of carbon capture and sequestration technology; (6) to invest in energy efficiency and renewable energy; (7) to be distributed to Energy Innovation Hubs and advanced energy research; (8) to invest in the development and deployment of clean vehicles; (9) to domestic petroleum refineries and small business refiners; (10) for domestic and international adaptation; (11) for domestic wildlife and natural resource adaptation; and (12) for international clean technology deployment.
Provides for the allocation and enforcement of allowances.
EPA is seeking comment on whether the model rule and proposed federal plan should include auctioning of some or all allowances, rather than free allocation, despite these requirements.)
EPA has designed its model mass - based trading program to use a free - allocation method of distributing allowances.
Cong, Rong - Gang and Wei, Yi - Ming (2010): Potential impact of (CET) carbon emissions trading on China's power sector: A perspective from different allowance allocation options.
How does an allocation to each sovereign jurisdiction of a global 500 Gtonne emissions allowance based on an equal per capita sharing using 1990 populations compare with the implicit expected allocation resulting from the global emissions charge schedule mentioned in the last question?
Europe's heavy industries fear the European Commission's post-2020 ETS reform proposal will bring increasing costs for them, as it cuts their free allocation of CO2 allowances by a quarter while potentially trebling the market price of any additional units they will need to buy.
If the allowances that entities are allocated by the government are not sufficient to assure that the entity's emissions are no greater than its fair share of safe global emissions, an argument can be made that their individual allocation is unjust.
The trend will not improve if over-allocation of emission allowances through weak National Allocation Plans seen in the period 2005 - 2007 continues.
But according to drafts available, the emissions data of 2005 were hardly taken into account in countries like Poland, Ireland, Flanders in Belgium, Estonia, Lithuania, Slovakia and Czech Republic, which are planning to increase the allocation of emission allowances..
Burtraw, D., K. Palmer, R. Bharvirkar, and A. Paul, 2002: The effect on asset values of the allocation of carbon dioxide emission allowances.
Neuhoff, K., K. Keats, and M. Sata, 2006: Allocation and incentives: Impacts of CO2 emission allowance allocations to the electricity sector.
Burtraw, D., K. Palmer, A. Paul, R. Bharvirkar, 2001b: The effect of allowance allocation on the cost of carbon emissions trading.
The percentage allocations for «energy - intensive, trade - exposed» (EITE) industries are almost the same as the House - passed Waxman - Markey bill, except the Senate bill allocates slightly more allowances in the early years (4 % instead of 2 % in 2012 and 2013).
Harrison, D. and D. Radov, 2002: Evaluation of alternative initial allocation mechanisms in a European Union greenhouse gas emissions allowance trading scheme.
Much more importantly, about 20 % of lifetime allowances are set aside for other purposes before the rest of the allocations are divvied up.
Ahman, M., D. Burtraw, J. Kruger, and L. Zetterberg, 2006: A ten year rule to guide the allocation of EU emission allowances.
Nonetheless, a substantial share of allowances is still distributed through free allocation, with policy justifications including protection for trade - exposed industries and prevention of economic activity leakage outside of the European Union.
A key change is the expanding role for auctions, which account for about half of the allowance allocation now and will be a growing share going forward.
The compliance period emissions and allowance allocations can also be used to estimate the size of the allowance bank.
Had the program been implemented as a fixed - price sale of allowances at the original price expectation level — with revenue allocated according the same formula that was adopted for allowance allocation — the program would have been no less politically viable and the regulatory incentive might have motivated widespread deployment of the best available control technologies, resulting in up to 20,000 fewer premature deaths annually.
In order to check my numbers I included the annual 2015, 2016 and 2017 columns with the annual emissions allocations, emissions and 50 % of the emissions surrender values to calculate the number of allowances in circulation on 12/31/2017.
In order to get the current number of compliance purpose allowances we have to use that information and the 2018 allocation data as shown in Table 4 2018 CO2 Allowance Aallocation data as shown in Table 4 2018 CO2 Allowance AllocationAllocation.
But any allowance allocation formula — including free allocation — can be applied equally well to the allocation of tax revenue.
[W] e find that carbon pricing by itself (ignoring the return of carbon revenues through allowance allocations) is proportional to modestly progressive.
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