These two factors necessitate a certain flexibility in Finland's climate strategy, which can best be achieved through international mechanisms such
as emissions trading.
For example, many countries have stated they can and will do more, if they have access to bilateral, regional, or international carbon markets — also known
as emissions trading or «cap - and - trade.»
New technology developments as well as new policy instruments, such
as emissions trading, joint implementation, and clean development mechanisms, can promote a cleaner environment, while simultaneously increasing energy efficiency and enhancing security.
Increasing the energy efficiency target should be welcomed as an opportunity to revise the inadequate and further strengthen relevant tools, such
as the Emissions Trading System.
[1] Friends of the Earth Europe is calling for EU Member States to toughen market mechanisms such
as the Emissions Trading Scheme, cut energy waste, introduce green taxes and invest in renewable energy.
As the first moderate Liberal prime minister in more than a generation, Turnbull would face enormous challenges retaining a united Coalition so he would tread carefully on divisive issues such
as emissions trading, same - sex marriage and a republic.
The Australian Parliament's upper - house Senate has begun debating the Rudd Labor government's proposed Carbon Pollution Reduction Scheme Bill 2009, also known
as the emissions trading scheme.
In a panel discussion that included World Bank President Jim Yong Kim and the celebrated climate economist Nicholas Stern, Lagarde urged governments to directly tax carbon emissions instead of relying on indirect measures such
as emissions trading.
The numerous rules will address issues such as how countries will track and report their emissions and have them verified, all in a transparent way; how countries will be required to communicate their future emissions - reduction plans as well as their pledges for funding adaptation efforts; and if and how market mechanisms, such
as emissions trading between countries, will be applied to national targets.
Not exact matches
HALIFAX — Nova Scotia will require industrial facilities generating 50,000 tonnes or more of greenhouse gas
emissions per year to report
emissions under its proposed cap and
trade regime, although key details such
as the actual caps and their effect on consumers are yet to be released.
According to DeSmogBlog, the
emissions difference between burning oil from conventional wells and tar sands is about the same
as trading in your Honda Accord for a Chevy Suburban.
One recommendation by the alliance takes aim at Ontario government energy policy that could also double
as climate policy,
as the province has curtailed greenhouse gas
emissions coming from the electricity sector by closing coal - fired power plants, invested in costly solar and wind energy projects, and instituted a cap - and -
trade system that requires businesses to buy permits to cover their carbon
emissions.
As a member of the Sustainable Food
Trade Association (SFTA), we've signed a pledge committing to reporting annually the company's performance in the 11 - action categories that include organic & land use, distribution & sourcing, energy, climate change &
emissions, water use & quality, solid waste reduction, packaging & marketing materials, labor, animal care, sustainability education, and governance & community engagement.
«My aim
as prime minister has always been to have an
emissions trading scheme.
If the EU and China, with nearly 2 billion people between them and contributing almost half the world's GDP, both adopt
emissions trading as one of their key responses to climate change, other countries will follow.
They call for a strengthening of the EU
emissions trading scheme (ETS), including its expansion to new sectors such
as aviation, a tightening of the carbon
emissions allowed to each industry, and even an expansion of the scheme beyond Europe.
In «Let them eat carbon» Sinclair reveals the financial implications of regulations such
as the Renewables Obligation and the EU
Emissions Trading System (EU ETS).
China leans toward cap and
trade In a separate effort published yesterday, a Massachusetts Institute of Technology report concluded that climate policy researchers who work in China would prefer an
emissions trading market that puts the highest burden on energy - intensive regions and cities in eastern China and,
as the market moves west, becomes less costly.
Since the Kyoto protocol came into force in 2005, companies in the developing world can generate greenhouse gas
emission reductions and sell them
as «carbon credits» in the developed world through such mechanisms
as the European Union's Environmental
Trading Scheme (EU ETS), which is similar to schemes in Japan and New Zealand.
SHANGHAI — China will soon begin its grand experiment to rein in climate change, using the nation's regionwide carbon markets
as the building blocks for what could become the world's second - largest
emissions trading market.
In fact, it will only make our problems worse,
as proven in Europe, where cap - and -
trade hurt the economy, drove up energy costs, and failed to cut carbon
emissions at all.
The first carbon market was the European Union's
Emissions Trading System (ETS), set up
as a result of the Kyoto protocol.
As with
emission -
trading programs elsewhere, polluters in China's pilots have two options: First, they can meet their targets by reducing their own
emissions — by investing in energy efficiency, say, or curbing production.
China could both benefit from the lessons of earlier efforts, such
as Europe's flagship carbon market — the world's largest, known
as the European Union
Emissions Trading System, or ETS.
As a result, the NRDC, the EDF, the Clean Air Task Force and other groups support both a cap - and - trade scheme to limit CO2 emissions as well as subsidies for the first CCS coal - fired power plants to be buil
As a result, the NRDC, the EDF, the Clean Air Task Force and other groups support both a cap - and -
trade scheme to limit CO2
emissions as well as subsidies for the first CCS coal - fired power plants to be buil
as well
as subsidies for the first CCS coal - fired power plants to be buil
as subsidies for the first CCS coal - fired power plants to be built.
A problem is that markets for
trading carbon dioxide focus on cuts in
emissions at power plants and factories burning fossil fuels, not renewable energies which are viewed
as green.
Should the government impose a price on carbon
emissions, whether it is a tax or cap - and -
trade system, CO2 - free sources, such
as nuclear energy, will become even more competitive.
RGGI builds on the market known
as the European Union
Emissions Trading Scheme, which covers CO2 emissions from the E.U., as well as from the ongoing sulfur dioxide emissions market in
Emissions Trading Scheme, which covers CO2
emissions from the E.U., as well as from the ongoing sulfur dioxide emissions market in
emissions from the E.U.,
as well
as from the ongoing sulfur dioxide
emissions market in
emissions market in the U.S..
On Tuesday, the governments of California and six other western states
as well
as four Canadian provinces proposed a new plan to cut greenhouse gas
emissions by 15 percent below 2005 levels by 2020 using a similar cap - and -
trade market — and would expand such regulations to encompass not just CO2 from power plants but also cars and trucks
as well
as other greenhouse gases, such
as potent methane.
Such optimization is critical
as ETS considers revising its permitting process, and more
emissions trading markets worldwide adopt similar exemption rules.
The scheme, which allows European companies to
trade their
emissions of carbon greenhouse gases, was designed
as a cost - effective, economically liberal solution to global warming.
It gained urgency after the failure of the 2009 legislation known
as the Waxman - Markey bill, which was aimed at setting up an
emissions trading system in the United States.
«If China's CO2
trading program is perceived
as a successful program, I think it could provide the other nations the confidence to adopt the
emissions trading model and take on a climate commitment or a more stringent climate commitment.
It's an attempt to peel back the smothering blanket of global warming by giving people a financial incentive to reduce
emissions under an economic concept known
as cap and
trade.
He said there were signs of progress, such
as a plan in June by U.S. President Barack Obama to achieve a goal for cutting
emissions by 2020 and the start of carbon
trading in China.
China, the world's biggest emitter of greenhouse gases, is betting on carbon
trading as a key measure to cut its
emissions for each unit of economic output 40 to 45 percent below 2005 levels by 2020.
A strong energy package approved last year by a key Senate panel is seen
as a sweetener for passing a much more controversial cap - and -
trade system to regulate the
emissions of greenhouse gases.
Mandatory carbon
trading programs, such as the European Union Emissions Trading Scheme (EU ETS) that began in 2005, have their roots in the U.S. Clean Air Act amendments o
trading programs, such
as the European Union
Emissions Trading Scheme (EU ETS) that began in 2005, have their roots in the U.S. Clean Air Act amendments o
Trading Scheme (EU ETS) that began in 2005, have their roots in the U.S. Clean Air Act amendments of 1990.
Besides
trading carbon allowances among each other, companies included in Shenzhen and other Chinese carbon markets are also able to use offset credits generated by carbon - cutting projects to cover 5 to 10 percent of their
emissions as a way of lowering
emissions reduction costs.
For now, the European
emissions trading system has emerged
as the core of a nascent global market because it features the strongest institutions and exchanges the greatest volume of credits.
Third, governments must accept that real leverage on
emissions will require a combination of market - based climate policies (such
as carbon taxes and smarter
trading schemes) and a set of measures to support indirect, but effective and economical pressure to cut carbon and adopt new technologies.
Huang says he personally thinks the required conditions will include the establishment of national legislation on
emissions trading as well
as more matured Chinese carbon markets.
If cap and
trade is not legal, then EPA should not accept it
as a compliance plan, he said, even if California's
emissions are projected to be well below the federal cap for 2030.
«We wanted to model the health impacts because this would help us to understand the
trade - offs between benefits for public health, benefits for the environment, and the likely public acceptability of the modeled diets
as we progressively reduced the
emissions,» Milner said.
But on the scientific issues that probably matter most to policymakers — such
as which kinds of countries cause most
emissions, who will bear the greatest burdens in controlling
emissions, or how international
trade affects
emissions and policies — the pendulum has swung strongly toward the governments.»
The party opposes «any and all cap and
trade legislation» that would create a system of tradable pollution permits designed to reduce industrial
emissions of warming gases such
as carbon dioxide.
In order to
trade properly you have to have an agreed basis for measuring carbon
emissions, which can come from very different sources such
as agriculture, transport or industry.
Several bills pending in Congress would set a so - called cap - and -
trade policy under which an overall limit on pollution would be set — and companies with low output could sell their allowances to those that fail to cut
emissions as long
as the total stays within the total pollution cap.
The airline industry has favored a global standard over individual national standards since airlines operate all over the world and want to avoid a patchwork of rules and measures, such
as taxes, charges and
emissions trading programs.
This number results largely from the massive EU - ETS (European Union
Emissions Trading Scheme), and the similarly large CDM (Clean Development Mechanism), and will only continue grow as more countries add regulated emissions trading to their leg
Emissions Trading Scheme), and the similarly large CDM (Clean Development Mechanism), and will only continue grow as more countries add regulated emissions trading to their legis
Trading Scheme), and the similarly large CDM (Clean Development Mechanism), and will only continue grow
as more countries add regulated
emissions trading to their leg
emissions trading to their legis
trading to their legislation.