Sentences with phrase «carbon emission allowances»

Electric utilities would be allotted, or would buy, carbon emission allowances.

As the European Commission releases the data on emissions of installations covered by the EU Emissions Trading Scheme (EU ETS), evidence from the markets proves that most Member States granted their industries far too generous carbon emission allowances in the period 2005 - 07.

Maybe this could be one solution to drive a reduction in emissions, if we actually pay and get paid in carbon emission allowances.

I would rather see an annually decreasing per vehicle carbon emissions allowance.

Not exact matches

We are instead pressing ahead unilaterally with terrible policies: draining the budgets of families and businesses with excessive green taxes; picking losers by giving the most generous subsidies to the most expensive sources of low carbon energy; and recreating the volatility of the housing market with an emissions trading scheme where the supply of allowances is fixed, so fluctuations in demand lead to wild swings in the price.

The state would raise the $ 30 million from the New York State Energy Research and Development Authority's (NYSERDA) auctioning of carbon dioxide emission allowances.

Individuals would be given a personal allowance on how many carbon emissions they could produce, under new plans being considered by the government.

Initial allowances to emit emissions were overly generous, making the market price of carbon too low and the scheme ineffective.

The industries can generate cash by selling unused carbon allowances for profit if they reduce emissions more than required.

Outright fraud has plagued emissions markets, whether it's Anne Sholtz building a Ponzi scheme out of smog allowances in Los Angeles or European cheats charging extra for carbon allowances under the guise of collecting a tax and then disappearing with the proceeds.

After all, the use of those commodities gives rise to the carbon commodity — an emissions allowance — in the same way that burning coal releases CO2.

Besides trading carbon allowances among each other, companies included in Shenzhen and other Chinese carbon markets are also able to use offset credits generated by carbon - cutting projects to cover 5 to 10 percent of their emissions as a way of lowering emissions reduction costs.

Xu said that higher trading activities are expected to emerge in coming weeks because regulated emitters are approaching their deadline of reporting annual emissions and therefore have stronger incentives to trade carbon allowances.

«We are considering expanding the existing pilot programs into surrounding areas and link up those regional carbon markets; if that fails, the central government will then design a nationwide emissions trading scheme and allocate allowances to each region,» said Xu, the government official involved in the national carbon market buildup.

In his campaign last fall, President Barack Obama called for a «cap and trade» plan that would auction off carbon dioxide (CO2) emissions allowances to big carbon polluters.

The cap - and - trade program has been selling carbon allowances since 2012 under California's economywide ceiling on 1990 emissions levels by 2020.

-- For a covered entity described in section 700 (13)(C), 1 emission allowance for each ton of carbon dioxide equivalent of fossil fuel - based carbon dioxide, nitrous oxide, or any other fluorinated gas that is a greenhouse gas (except for nitrogen trifluoride), or any combination thereof, produced or imported by such covered entity during the previous calendar year for sale or distribution in interstate commerce.

-- If a reversal has occurred with respect to an offset project for which offset credits are reserved under this paragraph, the Administrator shall retire offset credits or emission allowances from the offsets reserve to fully account for the tons of carbon dioxide equivalent that are no longer sequestered.

«(B) the incremental number of tons of carbon dioxide emitted solely as a result of a qualifying thermal sales agreement referred to in subsection (a)(5)(B)(ii), provided that in no event shall the Administrator distribute more than 1 emission allowance for the same ton of emissions.

(ii) Insurance that provides for purchase and provision to the Secretary for retirement of a quantity of offset credits or emission allowances equal in number to the tons of carbon dioxide equivalents of greenhouse gas emissions released due to reversal.

«(B) Insurance that provides for purchase and provision to the Administrator for retirement of an amount of offset credits or emission allowances equal in number to the tons of carbon dioxide equivalents of greenhouse gas emissions released due to reversal.

-- For a covered entity described in section 700 (13)(J), 1 emission allowance for each ton of carbon dioxide equivalent of greenhouse gas that would be emitted from the combustion of the natural gas, and any other gas meeting the specifications for commingling with natural gas for purposes of delivery, that such entity delivered during the previous calendar year to customers that are not covered entities, assuming no capture and sequestration of that greenhouse gas.

-- Where carbon dioxide (or another greenhouse gas) generated by a covered entity is used as an input in the production of algae - based fuels, the Administrator shall ensure that emission allowances are required to be held either for the carbon dioxide generated by a covered entity that is used to grow the algae or for the portion of the carbon dioxide emitted from combustion of the fuel produced from such algae that is attributable to carbon dioxide generated by a covered entity, but not for both.

However, «study after study predicts that carbon emissions will keep growing by roughly three percent a year — and at that rate, we'll blow through our 565 - gigaton allowance in 16 years, around the time today's preschoolers will be graduating from high school.»

First, the energy - intensive, trade - exposed industries will be allocated 15 percent of all carbon dioxide emission allowances in 2014, the committee agreed.

Transport emissions would be tackled by requiring refineries and importers of petroleum to hold allowances for each ton of carbon dioxide that would be emitted in the combustion of their products.

The first trading period successfully established the free trading of emission allowances across the EU, put in place the necessary infrastructure and developed a dynamic carbon market.

The first phase of the EU ETS — from 2005 to 2007 — drew criticism for not achieving substantial cuts in emissions, excessive allowance price volatility and for resulting in windfall profits for some utility firms that received carbon allowances for free but were able to pass through their full cost to consumers in the form of higher electricity prices.

Carbon Clampdown: Closing the gap to a Paris compliant EU - ETS, warns that, in order to put EU emissions on a path consistent with international climate targets, the price of traded carbon allowances, known as EUAs, would have to rise to levels that would make even the most efficient coal and lignite power plants unprofitable.

Companies receive allowances to cover their carbon emissions, which they can also buy and sell.

Operators of fossil fuel plants with at least 25 megawatts in capacity hold «carbon allowances» for every ton of CO2 emissions their plants give off.

(Sec. 115) Amends the CAA to require the EPA Administrator to promulgate regulations providing for the distribution of emission allowances (established by this Act) that are allocated to support the commercial deployment of carbon capture and sequestration technologies in electric power generation and industrial operations.

Subtitle B: Disposition of Allowances -(Sec. 321) Amends the CAA to set forth provisions governing the disposition of emission allowances, including specifying allocations: (1) for supplemental emissions reductions from reduced deforestation; (2) for the benefit of electricity, natural gas, and / or home heating oil and propane consumers; (3) for auction, with proceeds for the benefit of low income consumers and worker investment; (4) to energy - intensive, trade - exposed industries; (5) for the deployment of carbon capture and sequestration technology; (6) to invest in energy efficiency and renewable energy; (7) to be distributed to Energy Innovation Hubs and advanced energy research; (8) to invest in the development and deployment of clean vehicles; (9) to domestic petroleum refineries and small business refiners; (10) for domestic and international adaptation; (11) for domestic wildlife and natural resource adaptation; and (12) for international clean technology dAllowances -(Sec. 321) Amends the CAA to set forth provisions governing the disposition of emission allowances, including specifying allocations: (1) for supplemental emissions reductions from reduced deforestation; (2) for the benefit of electricity, natural gas, and / or home heating oil and propane consumers; (3) for auction, with proceeds for the benefit of low income consumers and worker investment; (4) to energy - intensive, trade - exposed industries; (5) for the deployment of carbon capture and sequestration technology; (6) to invest in energy efficiency and renewable energy; (7) to be distributed to Energy Innovation Hubs and advanced energy research; (8) to invest in the development and deployment of clean vehicles; (9) to domestic petroleum refineries and small business refiners; (10) for domestic and international adaptation; (11) for domestic wildlife and natural resource adaptation; and (12) for international clean technology dallowances, including specifying allocations: (1) for supplemental emissions reductions from reduced deforestation; (2) for the benefit of electricity, natural gas, and / or home heating oil and propane consumers; (3) for auction, with proceeds for the benefit of low income consumers and worker investment; (4) to energy - intensive, trade - exposed industries; (5) for the deployment of carbon capture and sequestration technology; (6) to invest in energy efficiency and renewable energy; (7) to be distributed to Energy Innovation Hubs and advanced energy research; (8) to invest in the development and deployment of clean vehicles; (9) to domestic petroleum refineries and small business refiners; (10) for domestic and international adaptation; (11) for domestic wildlife and natural resource adaptation; and (12) for international clean technology deployment.

Requires the President to: (1) report to Congress, by January 1, 2017, and biannually thereafter, on the effectiveness of the distribution of emission allowance rebates in mitigating carbon leakage in eligible industrial sectors: (2) establish, if there is no multilateral agreement on reducing GHGs in force by January 1, 2018, an international reserve allowance program for each eligible industrial sector unless the President determines and the Congress concurs that the program, or inclusion of a sector within that program, would not be in the nation's economic or environmental interests.

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.

Requires auctions to have a minimum reserve price, which in: (1) 2012 will be $ 28 per allowance; (2) 2013 and 2014 will be the minimum strategic reserve auction price for the previous year increased by 5 % plus the rate of inflation; and (3) 2015 and thereafter will be 60 % above a rolling 36 - month average of the daily closing price for that year's emission allowance vintage as reported on registered carbon trading facilities.

Requires the Secretary of Agriculture to establish a program to provide incentives in the form of emission allowances for activities undertaken in the agriculture sector that reduce GHG emissions or sequester carbon, including activities that prevent conversion of land that would increase emissions.

Upon reaching the limit described in the preceding sentence, any emission allowances that are allocated for carbon capture and sequestration deployment under section 782 (f) and are not yet obligated under this section shall be treated as allowances not designated for distribution for purposes of section 782 (r).

-- This subsection shall apply only to the distribution of emission allowances for carbon capture and sequestration projects at electric generating units after the capacity threshold identified in subsection (c)(1) is reached.

Limits the trading of allowances with facilities other than electricity generating facilities to certain carbon dioxide emission control programs.

-- For a covered entity described in section 700 (13)(F), (G), or (H), 1 emission allowance for each ton of carbon dioxide equivalent of greenhouse gas that such covered entity emitted in the previous calendar year, excluding emissions resulting from --

-- For a covered entity described in section 700 (13)(A), 1 emission allowance for each ton of carbon dioxide equivalent of greenhouse gas that such covered entity emitted in the previous calendar year, excluding emissions resulting from the combustion of --

The report cites estimates that the health effects of cutting industrial carbon emissions are actually more valuable, at $ 49 per ton of carbon dioxide, than the cost of allowances and offsets.

-- For a covered entity described in section 700 (13)(I), 1 emission allowance for each ton of carbon dioxide equivalent of greenhouse gas that the devices emitted in the previous calendar year, excluding emissions resulting from the combustion of --

-- Not later than 90 days after the end of each calendar year, the Administrator shall establish and distribute to the entity taking the actions described in subparagraph (A), (B), or (C) of paragraph (1) a quantity of compensatory allowances equivalent to the number of tons of carbon dioxide equivalent of avoided emissions achieved through such actions.

But it's not clear what that exactly means — whether businesses will have to immediately start buying carbon allowances to cover their emissions, or some lesser form of regulation, like requiring companies to report their emissions.

-- For a covered entity described in section 700 (13)(E), 1 emission allowance for each ton of carbon dioxide equivalent of greenhouse gas that such covered entity emitted in the previous calendar year.

«(B) Insurance that provides for purchase and provision to the Administrator for retirement of an amount of offset credits or emission allowances equal in number to the tons of carbon dioxide equivalents of greenhouse gas emissions released due to reversal.

«(3) to eliminate or reduce distribution of emission allowances under subpart 1 when such distribution is no longer necessary to prevent carbon leakage from eligible industrial sectors.

-- If the Administrator adjusts under this paragraph the number of emission allowances established pursuant to paragraph (1), the Administrator shall use the carbon dioxide equivalent values established pursuant to section 712.