A study from an economic, financial, and strategy consulting group says the Regional Greenhouse Gas Initiative (RGGI), a multi-state program designed to
cap emissions from power plants in the northeastern U.S., has generated $ 4 billion in net economic activity even as it has increased electricity prices in the region.
Not exact matches
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.
Cuomo is calling for more offshore wind energy projects and new
caps on carbon
emissions from smaller
power plants.
The governor highlighted the Regional Greenhouse Gas Initiative as one of the ways his administration will act, pushing for a more aggressive
cap on carbon dioxide
emissions from power plants.
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.
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.
Also, the Clean
Power Plan, proposed by the EPA in June 2014, seeks to cap carbon dioxide emissions from power plants and drive investment in renewable en
Power Plan, proposed by the EPA in June 2014, seeks to
cap carbon dioxide
emissions from power plants and drive investment in renewable en
power plants and drive investment in renewable energy.
The take - home messages are that global warming legislation needs to
cap CO2
emissions from power plants and include strong efficiency standards for building shells and the appliances and heating and cooling equipment inside them.
In June 1989, President George H. W. Bush proposed the use of a
cap - and - trade system to cut by half sulfur dioxide
emissions from coal - fired
power plants and consequent acid rain.
The announcement gives the EPA a legal basis for
capping emissions from major sources such as coal
power plants, as well as cars.
These policies include
emission trading («
cap & trade»), carbon sequestration
from power plants, and various costly schemes for developing alternative, «green» forms of energy.
Over months of contentious debate, while the Waxman - Markey bill and subsequent Senate action were being considered, millions of Americans were introduced for the first time to the phrase «
cap and trade,» a regulatory approach that first came to prominence in the 1990s as the centerpiece of a national program to address the threat of acid rain by limiting
emissions of sulfur dioxide (SO2), primarily
from electric
power plants.
They should extend RGGI's
emissions cap from 2020 to 2030, adopt targets that ensure
power plants continue to reduce
emissions, and close loopholes that could undermine progress.
The state opted to use a
cap - and - trade program to cut carbon dioxide and other greenhouse gas
emissions from refineries, factories,
power plants and other facilities, an approach CBE and other environmental justice groups strongly oppose.
As both the House and the Senate grapple with proposed carbon - cutting measures — carbon taxes and «
cap - and - trade» schemes for big CO2 emitters such as coal - fired
power plants; increased Corporate Average Fuel Economy (CAFE) standards for cars, SUVs, and trucks; and mandatory set - asides for clean renewable energy in the mix of energy generation options —
emissions from aircraft seem, at least for the time being, to have gone over the heads of most policymakers engaged in the rush to cut carbon
emissions.
# 36 Play the market... «In carbon -
emissions trading, the government puts a
cap on how much carbon an industry is allowed to emit
from power plants, factories and cars.
The program only
caps emissions from electric
power plants.
According to a study last month,
power plants across the RGGI region slashed their
emissions by 23 percent
from 2009 to 2011, thanks partly to
cap and trade.
In fact the United States has pioneered very successful and long - running
cap - and - trade programs for controlling SO2 and NOx
emissions from power plants.
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.
Under a
cap and trade rule, dirtier
power plants would buy credits to release more mercury
from plants with lower
emissions, and communities around the dirtier facilities could face greater health risks.
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.
The plans for EPA regulations aren't entirely new: Regulators, lawyers, lobbyists and Washington insiders have been parsing the Clean Air Act's options for regulating carbon
emissions from power plants since
cap and trade went down in flames in Congress.