All these developments in China are encouraging considering also that South Korea and Mexico, two other non-Annex I countries — developing countries as defined in the U.N. climate treaty process — recently indicated a willingness to enact
carbon emissions caps for 2020.
Under the Alberta
carbon emissions cap, oil sands production will be allowed to grow by 53 per cent above 2014 levels.
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.
US natural gas editors discuss
carbon emission caps, falling NYMEX July gas prices, contract expirations looming for gas pipelines, and fracking fluids in Wyoming.
What it likely refers to are sector specific energy efficiency standards, not hard
carbon emission caps.
The «4P» (four pollutant) legislation that Bush preemptively vetoed would have required rules to allocate a fixed
carbon emission cap among utilities.
Not exact matches
In 2008, Canada and the U.S. seemed to be moving to introduce
cap - and - trade schemes that would have imposed a price for
carbon emissions.
While on the stump, Obama promised to establish a
cap and trade program to reign in the
carbon emissions responsible for global warming.
Virginia's limit, or «
cap,» on
carbon dioxide
emissions would tighten 30 percent between 2020 and 2030, while adding measures to maintain market stability with a reserve of credits that power plant owners can purchase to help them comply.
The pope repeated the strong call for environmental stewardship that he had made with his latest encyclical, Laudato Si, and Xi Jinping announced that China will launch a
cap - and - trade system for
carbon emissions in 2017.
Under the guise of a
cap - and - trade plan, the NDP, they charge, would put a price on
carbon emissions that would ruin the energy sector.
Price: Though the policy doesn't impose a hard
cap on
emissions, it imposes a hard
cap on the price of
carbon.
Jack Layton and the NDP are campaigning on a
cap - and - trade program, which would set a $ 35 per tonne price on
carbon and
cap emissions from large industry.
Ms. Mitchelmore said CCS technology won't be widely adopted unless there is a price on
carbon — either through a tax, a
cap - and - trade system or regulations on
emissions.
The new plan will include
carbon tax and a
cap on oilseeds
emissions among other strategies.
The logic behind
carbon pricing — most likely either a tax on fossil fuels or a
cap - and - trade system that allows companies to sell
emission permits back and forth — is powerful.
First, Trudeau had to work with the NDP government in Alberta to twin his plan for a national price on
carbon with its provincial plan and with its idea to put an
emission cap on the oil sands.
Heather Scoffield explores three options for reducing
carbon emissions — a
carbon tax,
cap - and - trade and regulation — and explains that each involve costs.
Opinion: Wynne is wrong when she claims the Conservative
carbon tax plan will cost families more than
cap and trade and do less to cut
emissions
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.
This will be accomplished through a combination of a «
cap and trade»
carbon pricing system, mandatory vehicle
emission standards, and investing in renewable energy production and consumption.
The Party has also removed the
cap on wind power to encourage the development of more non-renewable wind energy; initiated studies on the feasibility of
carbon capture and storage as a means of disposing
carbon dioxide
emissions; and provided grants to promote the bio-energy industry.
New pipeline to tidewater or no, Jason Kenney has vowed to repeal the province's
carbon tax and oil sands
emissions cap.
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.
Before Cuomo took office, New York joined eight other northeastern states (Connecticut, Delaware, Maine, Maryland, Massachusetts, New Hampshire, New York, Rhode Island and Vermont) to set a
cap on
carbon dioxide
emissions within the region.
Last September California became the first US state to impose a
cap on the
emission of
carbon dioxide and other gases and has since called for other states to follow suit.
The state will work with other governments in the Regional Greenhouse Gas Initiative with determining how to link success
carbon markets to
cap emissions.
Cuomo is calling for more offshore wind energy projects and new
caps on
carbon emissions from smaller power plants.
Ensure that the tradable
emission permits under Governor Pataki's proposed regional
carbon cap are auctioned rather than given away with the proceeds used to mitigate negative distributional effects on low and moderate income households and to serve other economically and socially important purposes.
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.
Yet plans to tackle automobile
emissions remain in their infancy outside California, which has implemented an economywide
cap - and - trade program and a host of policies aimed at curbing
carbon from cars and trucks.
Critics have long said RGGI has a weak
carbon cap and does little to cut
emissions.
It also stirred confusion about the governor's legal authority and what will happen to the
carbon trading program, which
caps utility
carbon dioxide
emissions in 10 Northeastern and mid-Atlantic states, at a time when national climate legislation appears dead on Capitol Hill.
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.
Over the summer President Obama sketched a concept for a
cap - and - trade bill that would legislate significant cuts in the United States»
carbon emissions, but widespread skepticism — along with a weak economy — forced Senate majority leader Harry Reid to concede last July that such a bill would not pass.
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.
In fact, it will only make our problems worse, as proven in Europe, where
cap - and - trade hurt the economy, drove up energy costs, and failed to cut
carbon emissions at all.
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.
In a paper published in the current Journal of Political Economy, Bård Harstad, an associate professor of managerial economics and decision sciences at Northwestern's Kellogg School of Management, argues that the most effective strategies to combat climate change do not focus on demand - side solutions such as
carbon taxes or
emission caps.
Instead, they argue that Australia should base its climate policy on a
carbon budget that sets an upper limit on the country's total
emissions between now and 2050, institute a
cap - and - trade scheme, consider closing selected coal - fired power plants, and ramp up renewable energy.
Should the government impose a price on
carbon emissions, whether it is a tax or
cap - and - trade system, CO2 - free sources, such as nuclear energy, will become even more competitive.
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).
Capping emissions makes
carbon scarcer and lets private companies raise the
carbon price, which companies will likely pass on to consumers.
Under a
cap, government sets a limit on total
carbon emissions and issues tradable permits up to the limit.
Alexis Madrigal at Wired wondered if a map like this might be used to convince politicians to reverse their opposition to
caps on
carbon emissions.
Under California's
carbon system, a company is assigned a «
cap» or a limit to its greenhouse gas
emissions.
British Columbia and Alberta have already introduced modest
carbon taxes; Ontario and Quebec have embryonic
cap - and - trade systems that allow polluters to buy and sell a limited number of
emissions permits.
The EPA will convene public meetings later this week in Arlington, Virginia, and Rosemont, Illinois, to discuss proposed regulations to
cap carbon dioxide
emissions from powerplants.
He will also institute a
cap - and - trade system to limit industrial
carbon emissions.
«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.