Sentences with phrase «amount of abatement»
«The uncertainty concerning the demand for allowances is especially large at the beginning of any program,» the MIT study found, «because it reflects not only the usual unpredictable variables of economic activity, weather, and energy prices, but also, and perhaps most importantly, the amount of abatement that will take place in response to the new price on emissions.
https://thetyee.ca/ Not exact matches
The rejiggered model will require a set amount of affordable housing in every project citywide receiving the abatement, as de Blasio sought.
That much - desired increased abatement period comes in exchange for developers upping the amount of affordable units they're setting aside from 20 percent to 25 percent or 30 percent.
Based upon a 2011 analysis by ICF International, the potential GHG reductions by expanding TSE infrastructure and reducing idling presents a significant opportunity for CO2 abatement in the U.S., which could amount to nearly 4.1 million tons of reductions annually.
It's odd that Allen has so much confidence in the ability of the market to deliver vast amounts of cheap CCS, once we insist that the fossil fuel producers do so, but has so little faith in other parts of the market to contribute cheap abatement solutions as well.
Unlike a cap - and - trade system, there's no analysis and debate about the cost of allowances (and the marginal abatement costs they represent); and unlike a carbon tax, there's no analysis and no focus on the dollar amount of the tax and the aggregate cost.
In particular, depending mainly on (i) exactly how much abatement might be required over 2019 - 23, (ii) the amount and availability of combined - cycle gas - turbine (CCGT) generation capacity with the required efficiency levels, and (iii) the evolution of commodity prices between now and 2021, the carbon price required to plug the supply gap could be lower or higher than the levels we have imputed from our modelling of the supply - demand dynamics in the EU - ETS over 2019 - 23, and the fuel - switching price levels implied by current forward curves.
Most of the discussion at the Cleantech Forum focused on the left - hand side of the McKinsey GHG abatement curve (below), which makes perfect sense: no amount of clever business model or financial product innovation will help uneconomic businesses (like many carbon sequestration businesses today) flourish.
The economic benefits are well known: By letting markets work, a tax achieves a given amount of emissions abatement at the lowest cost.