Sentences with phrase «by carbon prices»

Canada's coming national price on carbon adds further fuel to the debate, as some will be looking for Canadian industries affected by the carbon price to get protections, maybe even in the form of a carbon tax applied at the border on goods coming from places in the U.S. where there is no such policy.

EcoFiscal identified petroleum refining as one of a handful of business sectors acutely exposed to pressures on competitiveness caused by carbon pricing policies.

One of the most impressive things to come out of the recent IPCC report's working group three was an analysis of emissions reduction by carbon price showing that buildings, far and away, were the low hanging fruit of emissions reductions.

Canada's annual projected GDP growth of 2 percent would also be unaffected by the carbon price; instead, it could help spur investments in the booming clean economy.

With the energy costs of carbon capture still very high, the question of whether CCS is taken up in practice will be answered by the carbon price and the cost of the technology.

And the carbon price movement is growing — the share of global emissions covered by a carbon price has tripled in the past ten years.

John Roome, who is the senior director for Climate Change Group of the World Bank Group, said so far 15 % of global carbon emissions has been covered by carbon pricing mechanism.

The program also created thousands of jobs (18,000 job years — that is, the equivalent of 18,000 full - time jobs that last one year), and individuals and businesses who took advantage of the energy efficiency programs funded by the carbon pricing system actually saw their energy bills drop.

The answer is surely yes, partly because other market failures will continue to exist that are not addressed by carbon pricing.

As we're already seeing in places like the EU, Australia, and California, there are ways to mitigate competitive risks posed by carbon pricing.

The ultimate backstop for supply would be sidelined coal - fired power plants made uneconomic by carbon pricing but still in good working order.

Between 2010 and 2020, aided by a carbon price, renewable energy capacity would grow rapidly off a small base.

But there is a huge class of carbon emissions that are not affected by carbon pricing or alternatives: luxury carbon.

If this is correct, which I believe it is, then it is true of any efforts to reduce emissions, whether they are achieved by carbon pricing or by other mechanisms.

Do voluntary cutbacks include cutbacks cotrresponding to permanent conservation measures that are induced by the carbon price?

How does technology develop when stimulated by the carbon price or gov» t investment?

Sectors covered by carbon pricing (2014).

This way, for instance, electricity customers in coal - heavy Indiana, say, get a bigger refund than those in hydropower - heavy Washington (so as to compensate for the fact that Indiana's utilities will get hit harder by the carbon price).

Currently, 12 percent of global emissions are covered by carbon pricing, and that number will increase significantly as China unfolds its carbon market in 2017.

As a result this source of income is unaffected by carbon pricing, while wage and capital income is affected.

Not exact matches

By 2035, the IEA models suggest that we'll need the equivalent of a global carbon price of $ 120 / tonne, along with some complementary regulations.

A $ 30 per tonne carbon price, as is currently in place in B.C., applied on emissions, would increase processing costs by about 12 cents per gigajoule.

Coal API2 2013 futures were down by 35 cents to $ 97 a tonne, while European carbon prices slipped by 13 cents to 7.76 euros a tonne.

Or think of the price the Canadian economy is expected to pay for the damage wreaked by climate change after years of oil industry lobbyists opposing serious carbon reduction policies.

However, the Pan Canadian Framework on Clean Growth and Climate Change lays out a number of policies that will compel more clean tech innovation in Canada, he said, including a price on pollution with a carbon price, to be in place across Canada by the start of next year, as well as a promised national clean fuels strategy, better energy efficiency standards and limits on greenhouse gases like methane.

Some say implementing carbon pricing now will hurt the Canadian economy by making it harder for Canada to compete with the United States, which has no such policy.

The floor price, which begins this year at C$ 10 per tonne and increases to $ 50 by 2022, will cost the country's economy about $ 2 billion, or 0.1 % — before factoring in «the prospect of additional growth that could result from clean technology investments spurred on by a higher price on carbon,» The Canadian Press notes.

In a recently released study, Getting Energy Prices Right: From Principle to Practice, the IMF calculates what it considers to be the appropriate level of fuel taxes (a carbon tax by any other name) for 156 different countries.

A price on carbon works because it creates a powerful incentive to cut pollution, encouraging people and businesses to save money by making cleaner choices like better insulating their homes or upgrading to more efficient equipment.»

Again Taylor offered a cautious outlook, though it was largely ignored in stories about the «green» budget with its centre piece carbon tax that will raise the price of gas by a couple cents a litre this year.

The package includes a plan to phase out coal - fired electricity generation by 2030, a commitment to generate 30 per cent of Alberta's electricity from renewable sources by 2030, new financing for energy efficiency, and an economy - wide price on carbon pollution.

And if the American government had decided to pursue cap - and - trade, a price on carbon in Canada might have already been established by now.

Posted by Jeff Rubin on November 17th, 2014 under SmallerWorldTags: carbon tax, climate change, oil prices, Stranded assets • 3 Comments

Proposed carbon pricing legislation in the U.S. as well as low carbon fuel standards being adopted by California and other states could make many oil sands projects marginal or entirely uneconomic in future.

commissioned by Clean Energy Canada last fall found that most respondents support or somewhat support the idea of putting a price on carbon emissions (59 %).

The plan says that «all jurisdictions will have carbon pricing by 2018.»

Posted by Nick Falvo under Alberta, budgets, carbon pricing, child benefits, climate change, corporate income tax, debt, demographics, energy, environment, federal budget, health care, homeless, housing, HST, income support, income tax, inflation, population aging, poverty, public services, seniors, social policy, taxation.

Both Prime Minister Justin Trudeau and Environment Minister Catherine McKenna have long insisted Ottawa would collect no revenue from the carbon price the federal government is requiring the provinces and territories impose by 2018.

Posted by Toby Sanger under carbon pricing, environment, income tax, Jack Mintz, taxation.

Of course, much of that trail could be wiped away by pricing carbon emissions and applying that price to imports via a carbon tariff.

Won't falling oil prices always trigger a rebound in oil demand (and, by extension, an equally large bounce in carbon emissions)?

If a consumer is saying that their costs are going up by 4 per cent because of carbon taxes, gas prices, and so on, you have to ignore that as you do your work around trying to set an interest rate.

The change to decentralization is characterized by the deregulation of markets, decrease in renewable energy prices and departure from carbon - based fuels.

However, where that is true, CCS would be the option deployed by firms in the face of a sufficiently high carbon price.

Posted by Marc Lee under BC, budgets, carbon pricing, climate change, public services, taxation.

Posted by Marc Lee under BC, budgets, carbon pricing, climate change, energy, public services.

A study issued by CIBC World Markets in March suggested that a system of carbon tariffs, combined with oil prices more than $ 100 a barrel, «could reverse the migration of certain manufacturing industries that have left North America for much cheaper labour markets in China.»

Together with our preceding report, How To Adopt a Winning Carbon Price, which focused on British Columbia's carbon tax, we've now offered a look «under the hood» of the two major approaches to carbon pricing, and the important lessons offered by each.

The Alberta government received the final report from the independent panel led by University of Alberta economics professor Andrew Leach and announced its plans to phase out coal burning electricity plants, phase in a price on carbon, introduce a limit on overall emissions from the oil sands and introduce an energy efficiency strategy.

Major new study details how carbon prices across the bloc could double by 2021 if the EU moves to make emissions trading scheme compatible with the Paris Agreement