Sentences with phrase «carbon emission cap by»

Regional Greenhouse Gas Initiative (RGGI): Spearheaded the formation of the successful RGGI cap - and - trade program among northeast and mid-Atlantic states, led effort to reduce RGGI's carbon emission cap by 45 percent in 2014, and recently called for an additional cap reduction of at least 30 percent between 2020 and 2030.

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.

Under the Alberta carbon emissions cap, oil sands production will be allowed to grow by 53 per cent above 2014 levels.

Nine Mid-Atlantic and New England states have agreed to cut power plant greenhouse gas emissions across the region by 65 percent by 2030 through the nation's first cap - and - trade program to reduce carbon contributing to global climate change.

It had a near - miss for capping carbon emissions after the House passed the «American Clean Energy and Security Act» by a narrow vote of 219 - 212 in June 2009, only to see it dissolve in the Senate controlled by Democrats a year later.

So companies in the developed world have an annual limit on the level of greenhouse gas emissions they can produce, and if they exceed their cap, they can purchase credits generated by the emission reduction projects or low - carbon technologies in developing countries.

Why trading trumps carbon taxes Cap and trade entered China's political agenda in 2009, when the government here promised a 40 to 45 percent cut in its emissions per unit of economic output by 2020 against 2005 levels.

Energy Both John McCain and Barack Obama have called for a cap - and - trade system to cut carbon emissions, although Obama's proposed reduction (80 percent from 1990 levels by 2050) is larger than McCain's (65 percent).

«It'd be about four times larger in terms of the amount of CO2 emissions from the facilities that are [currently] covered, and it'd be by far the largest cap - and - trade system in the world,» said Larry Goulder, an economist at Stanford University who has organized meetings of carbon market architects in both China and California.

Some economists believe a simple tax on greenhouse gas emissions makes more sense than the elaborate cap - and - trade regime for carbon dioxide envisioned by Evolution and other players in the nascent market.

The Regional Greenhouse Gas Initiative (RGGI), a mandatory cap - and - trade carbon market encompassing 10 Northeast and mid-Atlantic states, requires electricity producers to reduce carbon dioxide emissions by 10 percent by 2018.

Instead of regulating carbon at the many smokestacks where emissions occur, the group recommends regulating by cap - and - trade permits directed «upstream» at the wellheads, mine mouths, and import points where oil, coal, and natural gas enter the economy.

CERs are the most heavily traded carbon offset credit in the world, used mostly by European companies to keep their greenhouse gas emissions levels beneath a government - mandated cap.

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

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 energy.

Moreover, to level the playing field and allow all new innovations to compete, you should support a cap on CO2 emissions to limit global warming or accomplish the same by placing a tax on carbon emissions.

Price carbon emissions through cap - and - trade legislation or by imposing a carbon tax?

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.

Harvard's Rob Stavins has criticized the Post-Partisan Power proposal co-authored by Brookings, A.E.I., and Breakthrough scholars claiming we are proposing a technology - only approach, that pricing carbon is the only way to reduce emissions, and that cap and trade is still politically viable.

We will cap emissions according to specific goals, measuring progress by reference to past carbon emissions.

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.

In his book, Lomborg proposes that a modest carbon tax could pay for all of this work at a fraction the cost of a cap on emissions of greenhouse gases, the approach pursued by Europe under the Kyoto Protocol (and rejected in the United States).

Anti-regulatory blogs and commentators and the McCain - Palin campaign made a push to publicize a 10 - month - old comment by Senator Barack Obama about the high cost of coal burning if and when a hard cap is set for carbon dioxide emissions.

That's the optimistic opinion put forth by Speaker of the House Nancy Pelosi — she issued that statement as Congress set about the «mother of all climate weeks» to debate revolutionary climate and energy legislation that could potentially land the US a cap and trade system to cut nationwide carbon emissions.

In other words, the cap and trade has been responsible for Europe reducing its carbon emissions by 2.5 - 5 % annually.

More importantly, the Climate Security Act of 2007 (Lieberman / Warner bill) is currently in mark - up and exempts co-ops from the cap - and - trade decreasing carbon allocations by setting their emissions at 2006 levels until 2035 and then allowing them to sell or trade their emission credits.

The China News Service, a state - run news agency, also reported on the comments made by Professor He at the Tsinghua - Harvard forum but made no mention of proposals for a quantitative cap on carbon dioxide emissions.

On the policy side, Mr. Gore remains in the all - of - the - above camp, seeking both a tax on carbon dioxide emissions and endorsing, somewhat guardedly, the «cap and trade» architecture favored by congressional Democrats and many large environmental groups.

Price carbon emissions through cap - and - trade legislation or by imposing a carbon tax?

Separate caps on carbon emissions by the electric utilities and manufacturing sectors, which would have to buy permits to pollute from the federal government.

An economy - wide cap on carbon emissions that would begin in 2012, with a target of reducing carbon pollution 17 percent by 2020 and 80 percent by 2050.

The Democratic presidential candidate from Illinois called for a mandatory national cap on carbon emissions, as well as an investment of $ 150 billion over 10 years to develop new energy resources, in order to reduce the country's appetite for foreign oil by 35 percent by 2030.

Last year, the nine states participating in the Regional Greenhouse Gas Initiative (RGGI) cap - and - trade program for carbon dioxide (CO2) decided to lower the program's emissions cap by 45 % starting in 2014.

A core aim of the group was to encourage Australian political leaders to consider carbon trading where industry pollution is capped and there are financial incentives to reduce emissions and other measures including a target to reduce greenhouse gases by 60 per cent by 2050.

For example, nine states in the Northeast, as part of a regional cap - and - trade program that sets overall limits on carbon and then allows states to trade permits to pollute, have committed to cut emissions by 45 percent during the next year and by another 2.5 percent a year after that until 2020.

Luntz insists that Americans would support a cap on carbon emissions — 80 percent of Dems, but also 43 percent of Republicans he surveyed are either definitely or pretty sure climate change is a problem that's caused in part by humans.

Probably the biggest grievance environmental justice advocates had with AB 398, according to Bill Magavern, policy director of the Coalition for Clean Air, is a specific provision that prohibits California's Air Resources Board and local air districts from directly regulating carbon emissions by sources that are also subject to the state's cap - and - trade program.

Yet RGGI hasn't induced a robust enough carbon price to drive down emissions, primarily because the initial emissions «cap» was set 45 % higher than actual emissions by the covered power plants and wasn't tightened enough to actually «bind» until four years later.

Those who believe they can profit from carbon credits because polluters with emission caps will pay for them point to the Kyoto Protocol's Clean Development Mechanism, which allows parties to meet their emission reduction obligations by paying developing countries to grow forests onto land cleared long ago.

And for China, where EDF has been working for 20 years, it means, by 2020, capping half of the nation's carbon emissions, improving energy efficiency by 25 percent and shifting the country's energy mix to one - third renewable energy, natural gas and nuclear — up from 15 percent in 2013.

The Independent Online reports that an unprecedented coalition of blue - chip US companies and environmental lobby groups will urge President Bush next week to get serious about global warming, calling for caps on carbon dioxide emissions that would cut greenhouse gases by 10 - 30 per cent over 15 years.

Roughly two - thirds of covered emissions are covered by a cap - and - trade program, about one - third are covered by a carbon tax, and about one - quarter of the jurisdictions use both.

Legislation to cap carbon emissions, though supported by the administration, is struggling to get through Congress.

This trend was reinforced by the reciprocal climate deal that China struck with the Obama administration in November, under which China agreed to peak its carbon dioxide emissions by 2030 and put a cap on coal burning by 2020.

For instance, a government decree that all new vehicles meet a certain efficiency standard can not be circumvented by cutting emissions somewhere else; by contrast, both carbon taxes and cap - and - trade schemes leave it up to firms and individuals to choose where to cut emissions.

The study at issue is a 2011 report in which Nisbet analyzed claims by some environmentalists that they lost the political battle over creating a federal cap - and - trade tax on carbon dioxide emissions because environmentalists were outgunned; that is, because industry associations and the U.S. Chamber of Commerce marshalled resources far beyond those of cap - and - trade's supporters.

The numbers suggest it may be more difficult for China to cap its carbon emissions by 2030, as pledged by President Xi Jingping, generating much optimism last year.

Indeed, today we are not even considering an actual U.S. carbon tax, which is preferred by almost all academic economists for this purpose, but instead a cap - and - trade system (i.e., emissions rationing) because it is more politically palatable to hide the costs to consumers this way.

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.

Instead, they demanded an unworkable framework of legally binding international emissions targets, influenced and supported by climate hawks who demanded a laser focus on increasing renewable deployment and energy efficiency, mainly through market mechanisms such as cap - and - trade and carbon taxes.