Sentences with phrase «ambitious emissions trading system»
Thus, today there's a keener appreciation that cap - and - trade regimes such as Europe's ambitious Emissions Trading System have been costly failures, with one study suggesting the E.T.S. had «limited benefits and embarrassing consequences» in terms of emissions — at an estimated cost to consumers of some $ 280 billion.
https://www.nytimes.com/ Not exact matches
The EU has long led the way on carbon emissions, implementing a cap and trade system in 2005, having set ambitious emissions reductions targets, having per person emissions that are less than half of those in the USA, Canada, and Australia, and which in general has been the global model on climate policy.
Last year, the House passed energy and climate - change legislation, but its ambitious «cap and trade» system for limiting carbon emissions is a nonstarter in the Senate.