Sentences with phrase «based emissions tax»

It's also worth noting that the Waxman - Markey bill, a cap - and - trade setup for greenhouse gases that starts by giving out many licenses to industry but puts up a growing number for auction in later years, was actually passed by the House of Representatives last year; it's hard to imagine a broad - based emissions tax doing the same for many years.
There is no reason to believe that it would be — indeed, there is no reason to believe that a broad - based emissions tax would make it through Congress.

Not exact matches

It is trying to attract companies that can cut emissions, increase jobs and enlarge the tax base.
In 2015, the fixed tax will be replaced by a market - based emissions trading system, similar to that in the European Union.
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.
Based around the forthcoming Real Driving Emissions phase 2 (RDE2) regulations that aim to measure «real world» economy and emissions, the change will see the «First Year [tax] Rate» currently applied to new diesel cars rise by one band if they can not meet the Euro 6 emissions standards in the RDE2 «real world&raquEmissions phase 2 (RDE2) regulations that aim to measure «real world» economy and emissions, the change will see the «First Year [tax] Rate» currently applied to new diesel cars rise by one band if they can not meet the Euro 6 emissions standards in the RDE2 «real world&raquemissions, the change will see the «First Year [tax] Rate» currently applied to new diesel cars rise by one band if they can not meet the Euro 6 emissions standards in the RDE2 «real world&raquemissions standards in the RDE2 «real world» tests.
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.
** Payments based on 20 % Down, Above average credit, 72 Month payments, 4.99 Interest rate APR, $ 14.50 per $ 1000 ** finance All advertised prices exclude government fees and taxes, any finance charges, any dealer document preparation charge, and any emission testing charge.
All advertised prices and payments are based on cash prices and on approved credit and exclude government fees and taxes any finance charges any dealer document processing charge any electronic filing charge and any emission testing charge.
Alternatively, keep reading, and steel yourself for company car tax rates and VED charges based on a # 50,000 + purchase price and 187g / km C02 emissions.
Although it's based on the regular diesel - engined version of the Outlander, this PHEV model is a petrol - electric hybrid, which means ultra-low CO2 emissions and low benefit - in - kind car tax.
However, Swedish cars registered in 2008, or later, are taxed based on carbon dioxide emissions.
With respect to these vehicles, for vehicle - related taxes or other duties based (at least inter alia) on CO2 emissions, the CO2 values may differ to the values stated here (depending on national legislation).
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.
The price differential between hybrids and fossil fuel cars could be removed at a stroke if sales tax levels were set based on a car's GHG emissions per mile, and this would be likely to make a huge difference to take - up of hybrids — again, the problem is not technology, it is simply lack of political will.
The South Australian independent senator Nick Xenophon has said he won't vote for the carbon tax repeal until the Coalition agrees to change Direct Action to incorporate the intensity - based emissions trading scheme proposed by Frontier Economics.
The left party also says they'll freeze it, but they'll expand the based of coverage to include fugitive natural gas emissions (a crucial omission in the original tax proposal).
• Lifting the targets to 25 - 40 % by 2020 based on the latest scientific evidence • • Abolishing the free permits granted to the biggest polluters • • Ensuring that individual action results in lower emissions, not lower carbon prices • Unless these major flaws in the CPRS can be fixed the government should introduce a carbon tax as a matter of urgency.
Tax approximate CO2 emissions from final combustion of biofuels and biomass based strictly on product type without attempting to account for carbon sequestered during growth cycles or emitted during harvesting, distillation or other chemical processing or land - use impacts.
In order to estimate the impact on the economy of the Clean Power Plan's regulatory scheme, based on an estimated SCC of $ 37 per ton, we have modeled the impact of an equivalent tax of $ 37 per ton carbon emissions [14] instituted in 2015 and increasing according to the EPA's annual estimates of the social cost of carbon.
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.
Alongside the politics of the carbon tax, a floor price, a linking to Europe or whether a direct investment scheme would be better than a market - based scheme, the bottom line surely must be whether any carbon emissions actually are being saved.
Based on a literature review of seven studies analyzing the GHG impacts of the carbon tax, they determined that «the effect of the tax was to reduce fuel consumption and GHG emissions 5 — 15 % in British Columbia.»
Additionally, the idea that a carbon tax can offset the federal income tax or payroll taxes is shaky because the taxes are based on separate tracks: a carbon tax (according to its supporters) provides the «optimal» disincentive for emissions based on models of climate change, while a payroll tax is based on Social Security demographics.
By fulfilling what the prime minister, Tony Abbott, had called his «pledge in blood» to repeal the tax, Australia has left itself with no legal basis for trying to achieve its international 5 % greenhouse gas emissions reduction target.
One way of doing that would be for the difference in the up front price of PHEVs to be covered by federal and state tax credits and by rebates designed to reward consumers for reducing consumption of petroleum based fuels and emissions.
• Flexible approaches to motivate achieving CO2 emission limits that may vary by economic sector, and could include, depending on the sector, market - based incentives; governmental loan guarantees; investment tax credits; performance standards; tax reform; incentives for technology research, development and deployment; and other appropriate policy tools.
The mirror image of a tax is indeed a subsidy, and two potential price - based approaches to achieving greenhouse gas emission reductions are the use of climate - friendly subsidies and the elimination of problematic subsidies that exacerbate the climate problem.
Because carbon - dioxide emissions make for a «terrible tax base,» he said.
My point is such a tax as generally described to lower CO2 emissions is a bad idea if you give a rebate to lower income people based upon their use.
For the avoidance of doubt, Gross Revenues shall (A) exclude monies received from any source other than the sale of electric energy and capacity, including, without limitation, any of the following: (i) any federal, state, county or local tax benefits, grants or credits or allowances related to, derived from, or granted to the Wind Energy Project or Grantee, including, but not limited to, investment or production tax credits, or property or sales tax exemptions, (ii) proceeds from financing activities, sales, assignments, partial assignments, contracts (other than the power purchase agreement) or other dispositions of or related to the Wind Energy Project (such as damages for breach of contract or liquidated damages for delays in project completion or failures in equipment performance), (iii) amounts received as reimbursements or compensation for wheeling costs or other electricity transmission or delivery costs, and (iv) any proceeds received by Grantee as a result of damage or casualty to the Wind Energy Project, or any portion thereof and (B) include any revenues derived from Grantee's sale of carbon dioxide trading credits, renewable energy credits or certificates, emissions reduction credits, emissions allowances, green tags, tradable renewable credits, or Green - e ® products, any of which are allocated to Grantee, if applicable, through its participation in any voluntary registry, association or market - based exchange.
For these reasons, as governments enact policies to address the risks of climate change, we believe that market - based efforts to reduce greenhouse gas emissions — like a revenue - neutral carbon tax — are more economically efficient policy options than regulations, mandates, or standards.
A revenue - neutral carbon - tax would directly raise the price of carbon - based energy, imposing the greatest cost on those firms and forms of energy that produce the most emissions.
None of the companies — BP Plc, Royal Dutch Shell Plc, Total SA, Statoil ASA, Eni SpA and BG Group — is based in the U.S. Still, their argument should resonate in Washington: «Clear, stable, long - term» policies that make carbon more expensive (the letter never uses the word «tax») are necessary to reduce uncertainty, stimulate investment and encourage the most efficient reductions in emissions.
While the introduction of a tax - based mitigation system would take the world significantly forward, the Review has come to the view that only an international agreement that explicitly distributes the abatement burden across countries by allocating internationally tradable emissions entitlements has any chance of achieving the depth, speed and breadth of action that is now required in all major emitters, including developing countries.
In concert with other BC emissions reduction policies, the tax seems to have been successful in reducing fuel use, which has fallen by 19 % relative to the rest of Canada on a per - capita basis.
It is this microeconomics that forms the basis of the design of emissions trading schemes (or carbon taxes), proposals to tax traffic congestion, indeed pretty much all of tax policy, proposals to break up Telstra, and so on.
Based on a real world «business as usual» emissions scenario, with natural gas displacing oil at its current pace and no carbon tax, I come up with a CO2 right about inline with RCP 6.0, «a mitigation scenario, meaning it includes explicit steps to combat greenhouse gas emissions (in this case, through a carbon tax) ``.
Stigliz feels that the 2 decade - long attempt to allocate responsibility for reducing emissions among nations is doomed; he instead urges negotiators to shift to a price - based negotiation to set a global carbon tax:
Oakland should aim for a comprehensive carbon tax based on CO2 emissions or energy content that includes gasoline, oil, natural gas, and fossil fuel - fired electricity consumption by residential, commercial, and industrial customers.
DocMartyn, The error bars for the emissions (based on tax revenues of fossil fuel sales and burning efficiency) are somewhere around -15 % to +20 % or 8 GtC / year -0.5 to + 1 GtC, a slight underestimate more probable than an overestimate.
* This article has been updated to clarify a reference to Peter Brannen's The Ends of the World, and to make clear that James Hansen still supports a carbon - tax based approach to emissions.
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.
«A broad range of countries have introduced, or are planning, market based emissions trading schemes and carbon taxes.
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.
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.
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)?
It is poor public policy that condones restrictions on grazing operations, or taxes on grazing animals, based on disputed theories that claim that bodily emissions from farm animals will cause dangerous global warming.
Although ICAO's 192 member states had long agreed to technology, operations and infrastructure measures to help address GHG emissions from international aviation, negotiations over a market - based measure (MBM) stalled for several years, leading to efforts by multiple countries to implement their own regulations or taxes on international aviation emissions.
The negligence of EU environmental policy in the Commission's 2004 Guidelines on Application of Article 81 (3) of the Treaty and the 2010 Guidelines on Horizontal Co-Operation Agreements is seriously worrying in that respect, particularly since EU environmental policy is based increasingly on market based instruments (e.g. emissions trading, tax instruments, voluntary environmental agreements) to achieve EU environmental goals.
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