I no longer believe that a complicated
carbon trading regime — in which industries trade emissions «credits» — would work within the United States... So much is at stake for so many industries that the legislative process to create it would be easily distorted by their various lobbies.
Trillions of dollars could change hands, but only if
a carbon trading regime is forced on consumers by governments.
I can understand politicians behaving this way; a carbon tax or
carbon trading regime would allow enormous revenues to fall into their hands.
Not exact matches
A year later, at the end of 2017, McKenna clarified that provinces have until the end of the year to introduce
carbon - pricing schemes, whether they be
carbon taxes or cap - and -
trade regimes.
What if the Progressive Conservatives win the upcoming election in Ontario (or the one after that) and ultimately keep their campaign promise to repeal the provincial Liberals» cap - and -
trade regime and reject a pan-Canadian
carbon price?
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.
Ozone Flowers, a show by New York - based painter Michael Assiff, has two pressing events in mind: the onset in 2017 of the Mexican «Cap and
Trade»
carbon market to reduce greenhouse gasses, and, to the country's north, the ascent to power of a new climate change - denying political
regime.
Two to three percent, as James Coan from the Baker Institute Energy Forum reminds us in a column for the
trade publication FuelFix, is all the difference that Americans will see in their
carbon footprint if they open up pipelines, like the pending Keystone XL, to the oil sands, instead of importing conflict oil from the oppressive and persecuting
regimes of Saudi Arabia, Venezuela and Nigeria.
In the current U.S. political environment, a cap - and -
trade system is unlikely to result in a sufficiently high market price for CO2 (around $ 30 per ton) in the early years of a
carbon control
regime to assure that all coal plant developers adopt CCS systems.
Gore's suspect profiteering in the Silver Spring and Fisker deals are but the tip of the iceberg and pale in comparison to the tens of billions to be made by Gore and his partners at KPCB, Capricorn Investment Group LLC, Generation Investment Management, and Goldman Sachs in the sale of
carbon credits in a global cap - and -
trade regime.
Nothing in the article indicates that Shultz thinks a
carbon tax should replace California's cap - and -
trade regime established by AB 32.
Therefore, spotting ethical issues raised by
carbon cap and
trade regimes may be practically valuable despite the inability on some issues to determine unambiguously what ethics demands, if spotting the ethical questions leads to eliminating from consideration some positions on these issues that fail to pass minimum ethical scrutiny.
And so there is a potential conflict with assigning property rights to pollute in a
carbon cap and
trade regime and the duty of governments to protect commons resources for the benefit of all.
If the cap upon which the
trading regime is based does not constitute a level of
carbon reduction consistent with the nation's duty to reduce emissions, the entire cap and
trade regime is unjust.
This means, most immediately, honesty about the troubled «Clean Development Mechanism,» but it also means protecting Kyoto's
carbon trading system, without which we'd never have gotten even this far, and without which the climate
regime can not possibly survive.
The goal of this post is to spot the major ethical issues raised by
carbon cap and
trade regimes that have emerged around world, not necessarily to resolve these issues.
If forest
carbon trading proposals are accepted, it would create the climate
regime's largest loophole by allowing rich countries to buy their way out of emission reductions.»
We're talking about the wholesale transformation of the world's economy and energy systems through negotiated
carbon prices, new tax
regimes, international cap - and -
trade agreements, and a worldwide shift towards new technologies.
Foreign policy experts say the Keystone could have been used to forge a grand, cross-border bargain to jointly address climate change — a bargaining chip toward agreements on
carbon taxes, cap - and -
trade regimes, or other comprehensive approaches.
I don't understand why an emissions
trading scheme would be better than a logically applied carbob tax or why it would be more flexible and more useful than a
carbon tax
regime combined with other targeted measures.
After the
carbon tax, Gillard hopes to saddle the nation with a «cap - and -
trade»
regime by 2015.
A year later, at the end of 2017, McKenna clarified that provinces have until the end of the year to introduce
carbon - pricing schemes, whether they be
carbon taxes or cap - and -
trade regimes.
Whether
carbon is taxed or subject to a cap - and -
trade regime, the best place to impose the tax or allowance system is at the point of fossil fuel extraction and import.
The World Energy Perspective on Non-tariff Measures is the second report in a series looking at how an open global
trade and investment
regime concerning energy and environmental goods and services can foster the transition to a low -
carbon economy.
These are: Implement a «
carbon tax» (or make polluters pay); impose really tough emission standards; create a secure global
trade regime in low
carbon fuels; develop ways of financing the transfer of the best available technology for creating and, more importantly, saving energy; and require governments to invest in research and early - stage innovation.
While the structure of a cap - and -
trade system is relatively familiar to those who have followed climate - change negotiations, the structure of a
carbon price
regime is a novel idea and requires some explanation.
They will not be forced out of business by an overly aggressive
carbon cap and
trade regime.
In addition they agreed on the merits of devising a US - wide
carbon emission «cap and
trade»
regime.
This range considerably exceeds the estimated $ 28 per ton
carbon dioxide abatement cost of the cap - and -
trade regime included in the painstakingly negotiated American Clean Energy and Security Act of 2009, as computed by the Congressional Budget Office.
As landholder and land managers with particular interests in the conservation and forestry estates an in Crown land more generally, Traditional Owners may be well - placed as players in a
carbon emissions
trading regime, for example, through
carbon credited vegetation management programs.