Sentences with phrase «based emissions cap»

This shows a fundamental misunderstanding of the European Emissions Trading Scheme (ETS) in particular, and the nature of a market - based emissions cap (AKA cap - and - trade) system in general.

Ellerman, A.D. and I. Sue Wing, 2003: Absolute v. intensity - based emission caps.

Not exact matches

He cited the Paris climate accord, in which governments committed to capping heat - trapping emissions, as an example of taking action to fight global warming based on scientific evidence.

President Obama's plan for national standards to curb power plant emissions is based, in part, on a cap and trade type program already existence in New York.

Instead, they argue that Australia should base its climate policy on a carbon budget that sets an upper limit on the country's total emissions between now and 2050, institute a cap - and - trade scheme, consider closing selected coal - fired power plants, and ramp up renewable energy.

While a bill to actually implement a cap - and - trade system eluded state lawmakers in the legislative session that ended in March, they did direct the state Department of Environmental Quality to study «a market - based approach to controlling greenhouse gas emissions.»

The RGGI program also might not actually curb emissions, because power plants are already emitting less than the proposed cap — due to take effect on January 1, 2009, and based on projections from 2005 — thanks to slower than anticipated growth in electricity generation.

That legislation, which Klein calls «the granddaddy of all emissions trading markets,» created a cap - and - trade system for utilities to reduce the sulfur - based pollutants that cause acid rain.

In modifying or omitting such a requirement on the basis of infeasibility, the Administrator, in consultation with the Secretary of State and the Administrator of the United States Agency for International Development, shall ensure, with an adequate margin of safety, the integrity of international offset credits issued under this section and of the greenhouse gas emissions cap established pursuant to section 703.

This report compares the incentive - based approaches to curb activities that produce CO2 emissions, such as tax on emissions, cap on the total annual level of emissions, and a modified cap - and - trade program.

The automaker's current growth potential is capped by strict environmental regulations that impose a production limit of 10,000 cars per year based on current fleet - average emissions, reports Automotive News.

From Barack Obama's website: Obama supports implementation of a market - based cap - and - trade system to reduce carbon emissions by the amount scientists say is necessary: 80 percent below 1990 levels by 2050.

Specifically, I will implement a market - based cap - and - trade system to reduce carbon emissions by the amount scientists say is necessary: 80 percent below 1990 levels by 2050.

Even better, we will probably tout a toothless legislation to mollify those who believe that ham - handed, extremely political and self - serving emission caps are better than American innovation — or, if at the very least a compromise distinctly American market - based approach, like a Pigovian tax.

Christopher Buckley, a reporter [based in Hong Kong] who in 2011 had covered China's emissions plans [and similar pushes from advisers to adopt a cap] while with Reuters, spoke with He Jiankun, who told him repeatedly that he did not in any way speak for the government, or the full expert climate committee.

-- A pair of top - notch economists, Robert Stavins of Harvard University and Richard Schmalensee of the Massachusetts Institute of Technology, urge policy makers not to discard market - based approaches to global warming and other environmental problems because of the death of efforts to pass a climate bill centered on a cap - and - trade mechanism for cutting emissions.

California has a market - based cap and trade program for emissions, developed in partnership with the province of Quebec, and «we want 1.5 million electric vehicles on the road by 2025.»

(09/13/2012) The European Union may cap the use of crop - based biofuels over fears they can drive up food prices and aren't effective in reducing greenhouse gas emissions relative to conventional fuels, reports Reuters.

[1] The resulting proposal was a market - based cap and trade approach which intended to legislate power plant emissions caps without specifying the specific methods used to reach those caps.

This whole discussion about burning fossil fuels, cap and trade, the EPA attempt to regulate carbon emissions and the current actions of Congress to stop EPA is ALL rooted and based in the Greenhouse Theory.

The announcement gives the EPA a legal basis for capping emissions from major sources such as coal power plants, as well as cars.

Based on the CO2 reduction numbers claimed in the Proceeds report the revised emissions cap appears to be risky and threatens the credibility of the program.

C2ES is working with cities, states, and businesses to explore cap - and - trade, carbon taxes and other market - based strategies for cost - effective emissions reduction, with the ultimate aim of a national market - based climate program.

The resistance by Lincoln and her Senate colleagues undercuts President Barack Obama's effort to win passage of legislation that would cap carbon dioxide emissions and establish a market for trading pollution allowances, said Peter Molinaro, the head of government affairs for Midland, Michigan - based Dow Chemical Co., which supports the measure.

The Regional Greenhouse Gas Initiative is the nation's first program to use an innovative market - based mechanism to cap and cost - effectively reduce the carbon dioxide emissions that cause the climate to change, and New York State took a leadership role in adopting regulations that lowered the emissions cap.

Of special importance is the summer 2017 reauthorization of cap - and - trade, the market - based scheme for addressing greenhouse gas emissions from stationary sources such as the refinery sector in California.

Independent analysis of the cap - and - trade program by Near Zero, a research organization at the Carnegie Institute for Science at Stanford University, shows that real emissions from the refinery sector in California are actually increasing, even as petrochemical facilities successfully comply with the legal requirements of the market - based mechanism.

If the cap upon which the trading regime is based does not constitute a level of carbon reduction consistent with the nation's duty to reduce emissions, the entire cap and trade regime is unjust.

In this regard, the distortions would be similar to a cap - and - trade system with output - based allocations, assuming similar emissions prices.

The SCE proposal provides continued support for the state's market - based, cap - and - trade program as a critical component of efforts to reduce GHG emissions, while striving to keep electricity affordably priced for utility customers.

The Regional Greenhouse Gas Initiative (RGGI) is the nation's first program to use an innovative market - based mechanism to cap and cost - effectively reduce the carbon dioxide emissions that cause the climate to change, and New York State took a leadership role in adopting regulations that lowered the emissions cap.

John Sauven, executive director of Greenpeace, said: «The EU needs to adopt a science - based cap on emissions, ditch plans for dirty new coal plants and nuclear power stations that will give tiny emission cuts at enormous and dangerous cost, end aviation expansion and ban wasteful products like incandescent lightbulbs.»

Leading up to the Bonn meeting, stakeholders met to discuss opportunities to link the JCM with other approaches, including other nations» INDCs, bilateral agreements between Japan and capped jurisdictions that use emissions trading systems, the International Civil Aviation Organization's Market Based Measures, and / or in a carbon market «club» with other Asian nations.

1:00 - 2:30 p.m. EST (An Interactive Audio and Web - Based Seminar Hosted by Infocast) The Basics Seth D. Hilton Stoel Rives LLP 111 Sutter / CO2 emission from average combustion levels New Generation — Geothermal Geothermal emits some CO2 mostly in condensate evaporation in the cooling cycle Levels / states or countries with capped emissions Repowering existing electric generation facilities New clean energy sources Potential Opportunities for Entities Subject to California's Emission Reduction Requirements /

A market - based solution, such as cap - and - trade, is widely considered to be one of the most effective ways to incentivize greenhouse gas emission reductions.

They capped emissions based on 2005 estimates of what 2009 emissions would be.

This legislation created a cap - and - trade mechanism, a market - based incentive to reduce carbon emissions.

Indeed, we estimate that the extra tightening of the EU - ETS cap required to align with a Paris - compliant EU - wide trajectory for 2030 and beyond would require incremental emissions reductions of 1.6 Gt over 2021 - 30 versus our base - case scenario under the current cap.

Hence there is currently no basis for a cap on CO2 emissions.

Pollution permits to be «capped» at 90 percent of aviation carbon dioxide emissions [based on the average of 2004 - 6 emissions](NGOs wanted a 50 percent cap).

Finally, the CJB would answer Exelon's LCPS with an state EPA - formulated and market - based cap and invest program to reduce emissions.

To help meet that goal, California is implementing numerous measures, including standards for renewable energy, a policy to scale up the use of clean fuels, requirements and incentives to increase the use of electric vehicles, and a flexible market - based cap on carbon emissions that creates economic incentives for major carbon polluters to cut their emissions.

About the Regional Greenhouse Gas initiative (RGGI) The Regional Greenhouse Gas Initiative is the nation's first program to use an innovative market - based mechanism to cap and cost - effectively reduce the carbon dioxide emissions that cause the climate to change, and New York State took a leadership role in adopting regulations that lowered the emissions cap.

A robust carbon cap or tax should put the economy on a trajectory toward the science - based deep cuts in emissions required to limit some of the worst impacts of climate change.

Based upon it's conclusions, governments have implemented expensive carbon taxes and new overbearing regulations designed to reduce carbon dioxide emissions, cap and trade schemes, a phased - in ban on incandescent light bulbs, the forced relocation of whole populations of people to make room for carbon credit producing plantations and numerous other far reaching and expensive initiatives.

Given that, if one wants freedom of choice and an efficient market, shouldn't one accept a market solution (tax / credit or analogous system based on public costs, applied strategically to minimize paperwork (don't tax residential utility bills — apply upstream instead), applied approximately fairly to both be fair and encourage an efficient market response (don't ignore any significant category, put all sources of the same emission on equal footing; if cap / trade, allow some exchange between CO2 and CH4, etc, based CO2 (eq); include ocean acidification, etc.), allowing some approximation to that standard so as to not get very high costs in dealing with small details and also to address the biggest, most - well understood effects and sources first (put off dealing with the costs and benifits of sulphate aerosols, etc, until later if necessary — but get at high - latitude black carbon right away)?

Mercury regulation under the Clear Skies Initiative would have been less effective than the technology - based Utility MACT because cap and trade is designed to bring down geographically widespread emissions of a substance.

However I also understand that ice loss is exponential in its growth and that the loss of albedo of the arctic ice cap has the same effect as doubling co2 emissions and on that basis I reckon we ain't in Kansas anymore.

Mr. Coutu - whose company owns 36.7 per cent of the Syncrude oil sands project - acknowledged other sectors would have to take up the slack if the oil sands have only intensity - based requirements and Ottawa imposes a national cap on emissions.

The RGGI program also might not actually curb emissions, because power plants are already emitting less than the proposed cap — due to take effect on January 1, 2009, and based on projections from 2005 — thanks to slower than anticipated growth in electricity generation.