To explore these questions, we used our MiniCAM model and the following assumptions: that industrialized countries impose
a common emissions price in 2012, China joins the agreement at a later date, and other countries join whenever their per capita income reaches that of China at the time of China's accession into the emissions control agreement.
Not exact matches
If the process could be applied to other
common industrial metals such as copper, it would have the potential to significantly lower
prices as well as reduce the air pollution and greenhouse gas
emissions associated with traditional production.
It assumes that all nations of the world undertake
emissions mitigation simultaneously and effectively, and share a
common global
price that all
emissions to the atmosphere must pay with
emissions of different gases
priced according to their hundred - year global warming potentials (Schimel et al. 1996).
In the course of this review, the idea of an
emissions containment reserve (ECR) mechanism has been proposed to address a
common issue confronting cap - and - trade programs worldwide: the
prices for
emissions allowances tend to be significantly lower than program designers anticipate in advance, making mid-course corrections necessary for it to perform as intended.
As one of those companies that has put a
price on carbon, we at Microsoft now have a
common language for how to drive awareness around and begin to reduce
emissions.
All countries could agree to impose a
common carbon
emissions tax, which would increase the
price of fossil fuels in proportion to their carbon content.
And this cost projection assumes optimal conditions — the immediate implementation of a
common global
price or tax on carbon dioxide
emissions, a significant expansion of nuclear power and the advent and wide use of new, low - cost technologies to control
emissions and provide cleaner sources of energy.