Sentences with phrase «auction emissions permits»

The Oregon bill would set a gradually declining limit on total carbon emissions in the state from large emitters and auction emissions permits to affected entities.

Auctioning emissions permits to polluting firms could generate $ 15 billion or more per year.

Not exact matches

Ensure that the tradable emission permits under Governor Pataki's proposed regional carbon cap are auctioned rather than given away with the proceeds used to mitigate negative distributional effects on low and moderate income households and to serve other economically and socially important purposes.

California's carbon market forces firms to bid at auction for emissions permits, which have a not insignificant minimum price.

Moreover, if the cap - and - trade system is bringing in revenue, that means by definition that there has to be a significant initial auctioning off of the emissions permits.

At a summer 2006 hearing of the U.S. Senate to discuss the design of a potential emissions trading system, several American utilities urged that auctions, if used at all, should be limited to just five to 15 percent of total permits.

But nearly all of the research money under the Obama plan was slated to come from the revenues generated by auctioning permits for greenhouse gas emissions.

RGGI is a «Cap and Auction» program that caps electric generating unit emissions and then auctions permits to emit CO2 or allowances.

The results have been very positive: 100 percent of permits were sold in their most recent auction, at higher prices than expected, and evidence suggests that the ambitious emission reductions have been compatible with economic growth and have ensuring affordable access to energy.

First a government establishes an emission limitation for total emissions from the government's jurisdiction and then permits or allowances are either given away or auctioned off and in this way create a society - wide «cap.»

A government agency would auction or allocate carbon emission permits to businesses, who would include it in their price to you.

25 percent of emissions permits to be auctioned with option to increase later (Friends of the Earth and other NGOs wanted 100 percent from the start of the scheme)

to author a tough statement of principles for climate legislation that calls for strong near - term emissions targets, the auctioning of emissions permits, and major investment in clean - energy technology.

All emissions permits to be sold to airlines at auction rather than given out for free; A multiplier of at least two, to be used to compensate for the additional impacts of emissions from aircraft at altitude;

He wants to give out many emission permits free to energy - intensive industries and to the local distribution companies (LDCs) that funnel electricity to users, rather than auctioning the permits off, and he wants permit giveaways to the industrial sector to continue throughout the whole length of the cap - and - trade program, rather than be phased out.

Market - based regulation - Regulatory approaches using price mechanisms (e.g., taxes and auctioned tradable permits), among other instruments, to reduce heat - trapping gas (greenhouse gas) emissions.

auctioning tradeable carbon emissions permits.

You have committed to a cap - and - trade program for GHG emissions reductions and an immediate cancellation of the Accelerated Capital Cost Allowance program, with permit auction and increased tax revenues slated to be re-invested in improving the environmental performance of the industry.