Sentences with phrase «cost on carbon emissions»

I liked his argument that it was st range that «free market conservatives» who seemed to think that the market could solve pract ically any problem have decided that the market can't deal with climate change by imposing a cost on carbon emissions.
Australia's CCS adherents press ahead on the belief that the government will eventually impose a cost on carbon emissions through a tax or emissions trading scheme.

Not exact matches

Pretty well every economist you talk to will agree: If you want to reduce pollution, carbon or otherwise, the most cost - effective way to do so is with a price on the emissions of that which you seek to reduce.
A $ 30 per tonne carbon price, as is currently in place in B.C., applied on emissions, would increase processing costs by about 12 cents per gigajoule.
Coal remains cheaper, but when you factor in the reduced capital cost (gas plants cost between a quarter and a third what coal plants of equivalent output do), the life - cycle costs point to gas, even in the absence of a price on carbon emissions.
In his year - end interviews, and in the final days of the fall sitting of the House of Commons, Prime Minister Stephen Harper said it would be crazy to impose additional costs on Canada's oil and gas sector in a time of low prices if the U.S. was not enacting similar carbon emission policies.
If we put a price on those emissions of $ 50 - 200 per tonne, reflecting some recent estimates of the external costs of carbon emissions, we get a range of $ 4 - 20 billion in environmental costs just from GHG emissions.
WBFO's Chris Caya reports on the state's plan to cover the cost of reducing carbon emissions and help the nuclear industry.
It claimed much more should be done to improve energy efficiency in homes - identified as the single most cost effective way of reducing carbon emissions - and on helping people to generate their own «green» power.
Eliminating this financial risk premium makes nuclear power levelized electricity cost competitive with that of coal, and it becomes lower than that of coal when a modest price on carbon dioxide emissions is imposed,» the report says.
Considering the major step for device manufacture — the wet coating process is a low - cost but stable process to fabricate large - area and uniformly thin films, the flat - plane emission device has the potential to provide a new approach to lighting in people's life style and reduce carbon dioxide emissions on the earth, Shimoi said.
And coal disappears from the map if you add the environmental and public health costs associated with various energy sources (the third map), including a $ 62 per metric ton price on carbon dioxide emissions.
The large - scale study, which incorporated data from more than 40,000 unique flights, found significant savings in carbon emissions and monetary costs when airline captains were provided with tailored monthly information on fuel efficiency, along with targets and individualized feedback.
The cost of building and operating a CO2 capture process to treat 90 percent of a plant's emissions is a major reason the energy industry has been reluctant to embrace carbon capture on a large scale, Bara said.
The costs of reducing carbon dioxide emissions in order to slow global warming will have to fall mainly on the rich countries, the bank says.
7It is particularly ironic that Lomborg would offer such a ridiculously precise estimate of the cost of the impacts of climate change from carbon dioxide emissions, inasmuch as the entire thrust of his books chapter on «global warming» is that practically nothing about the effects of greenhouse gases is known with certainty.
An up - to - date coal plant costs about $ 3,000 a kilowatt, but charges levied on carbon dioxide emissions, or extra equipment to capture the gas instead, could add substantially to that.
The new report focuses on a controversial measure called the social cost of carbon (SCC), an estimate in dollars of the economic consequences of CO2 emissions.
The paper joins other academic research focused on the social cost of carbon, a measure used in climate regulations that estimates the total cost of future damage from additional carbon emissions.
Changes in regulatory approaches to restrict carbon emissions or tighten regulations on fracking could dramatically alter the cost - benefit analysis for using natural gas to generate electricity.
It's also important that close consideration is paid to energy efficiency aspects of roofing and the reduction of carbon emissions, which can lead to lower running costs and a positive return on investment.
The National Program is designed to enable consumers to choose the car or truck they want, while ensuring that the vehicles they select will reduce carbon emissions and save on fuel costs.
The Scrappage Scheme will benefit the environment by enabling customers to buy new, more eco-friendly cars which have lower carbon emissions, as well as saving on fuel costs.
Then I can put the music back on and return to the Teton's, The Steen's, the Canadian Rockies or Bryce Canyon or you name any beautiful, wild location (even a great love affair) and with no carbon emissions, no transportation costs, no waiting in line or gas bill, I'm back there instantaneously.
An intelligent and fast - acting program for moving toward the best energy sources will have to involve equitable costs for carbon emissions and fair limits on greenhouse gas emissions; a level economic and legal playing field for all energy sources, purveyors, and users; and an open marketplace in which pollution level, safety, siting, and price will select the mix of sources.
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).
I understand why China and India believe «any extra costs for them to divert from established trajectories for carbon dioxide emissions as they pursue prosperity must be covered by the established industrial powers, which still have many times greater emissions on a per - capita basis».
Essentially, China and India, the emerging giants in the global greenhouse, are saying that any extra costs for them to divert from established trajectories for carbon dioxide emissions as they pursue prosperity must be covered by the established industrial powers, which still have many times greater emissions on a per - capita basis and spent a century freely adding greenhouse gases to the atmosphere in building their wealth.
The environmental community, which some blame for crippling nuclear power, has in fact pushed for a price on carbon as a way of building the societal costs of continued carbon emissions into the economics of electricity production.
Gates hammered on points reported here for many years: that without a big, and sustained, boost in spending on basic research and development on energy frontiers, the chances of triggering an energy revolution are nil; that while the private sector and venture capital investors are vital for transforming breakthroughs into marketable products or services, they will not invest in the long - haul inquiry that's required to generate game - changing breakthroughs; that a 1 or 2 percent tax on carbon - emitting fuels could generate a large, steady stream of money for invigorating the innovation pipeline; that a declining emissions cap and credit trading system --- if it could survive America's polarized politics --- would have to raise energy costs far beyond what would be politically tenable to generate a similar scale of transformational activity.
If we're going to address climate change, it's going to start with solutions experts agree on (efficiency, low - GHG sources such as nuclear, carbon capture and storage, wind, geothermal, cellulosic biofuels, and eventually solar), and processes that experts agree on (increasing the cost of GHG emissions, funding more R&D, mandates sometimes).
A carbon tax will make fossil fuel prices come closer to covering full cost, incorporating some of those fuels» currently - excluded costs: our dependence on and enrichment of oil - country despots, huge military costs of protecting distant oil operations and transport, health costs from emissions other than CO2, etc., etc., etc.....
But a carbon tax that increases over time at a persistent and predictable rate would minimize the expected economic cost of achieving any climate target (targets that depend, given the way the climate system works, on cumulative emissions over many decades).
Most studies I have seen show that money spent on mitigation is much more cost effective than money spent reducing carbon emissions, because the latter is a worldwide problem.
«As business leaders, it is our belief that the benefits of strong, early action on climate change outweigh the costs of not acting... a sufficiently ambitious, international and comprehensive legally - binding United Nations agreement to reduce greenhouse gas emissions will provide business with the certainty it needs to scale up global investment in low - carbon technologies... the shift to a low - carbon economy will create significant business opportunities».
Placing so much emphasis solely on carbon footprints gives traction to foolhardy ideas such as carbon capture, iron seeding of the ocean and the expansion of nuclear power, which have no precedent in geologic history and seek to reduce net carbon emissions at the cost of much greater environmental damage.
Thus, either we must conclude that basic economics is wrong (which it isn't on that particular basic issue) OR carbon (which becomes carbon dioxide, of course) must have (or be assigned) a cost that somehow reflects or represents a cost of cleaning it out of emissions or a cost of pulling it back out of the atmosphere.
By basing the levy on emissions rather than carbon all greenhouse gases stand on a common level, sequestration is strongly encouraged as well as such simple things as capturing methane from oil wells and garbage dumps (that gets built into the cost of disposal).
Although uncertainties still linger, the technical sub-committee that focused on REDD for the two years leading up to Bali concluded not only that the magnitude of deforestation emissions was significant — approximately 20 % of global emissions — but that sufficiently cost - effective methodologies exist for measuring forest carbon and monitoring deforestation.
In all of these analyses, the benefits significantly outweighed the costs of putting a price on carbon emissions.
In their conservative calculations, the Intergovernmental Panel on Climate Change (IPCC) estimates that approximately 25 % of deforestation emissions can be abated at a cost of less than $ 20 per metric ton of carbon dioxide (tCO2).
This can only be achieved if: (1) developed nations move rapidly to demonstrate that a modern society can function without reliance on technologies that release carbon dioxide (CO2) and other non-CO2 greenhouse gases to the atmosphere; and (2) if developing nations act in the near - term to sharply limit their non-CO2 emissions while minimizing growth in CO2 emissions, and then in the long - term join with the developed nations to reduce all emissions as cost - effective technologies are developed.
The Alliance to Save Energy's National Commission on Energy Efficiency Policy last week proposed a set of efficiency steps for buildings, industry, and transportation that it concluded would reduce U.S. carbon - dioxide emissions by one third, while cutting household energy costs, reducing energy imports, and increasing GDP.
A price on carbon would go a long way to making clean energy sources cost - competitive with traditional fuels, but it is not the only policy tool necessary to reduce carbon emissions.
New research published today by Imperial College London adds to the growing base of evidence that funding low carbon projects in the developing world is one of the most cost effective ways of both reducing emissions and delivering positive impacts on people's lives.
The SkyShares model enables users to relate a target limit for temperature change to a global emissions ceiling; to allocate this emissions budget across countries using different policy rules; and then uses estimated marginal abatement costs to calculate the costs faced by each country of decarbonising to meet its emissions budget, with the costs for each country depending in part on whether and how much carbon trading is allowed.
With nuclear providing always - on electricity that will become more cost - effective if a price is placed on heat - trapping carbon dioxide emissions, utilities have found it is now viable to replace turbines or lids that have been worn down by radiation exposure or wear.
By putting a price on carbon, these policies give businesses the incentive to innovate so they can cut emissions at the lowest possible cost.
On the first criterion, Weitzman points out that while a carbon tax is more easily administered and more transparent than a cap - and - trade system, a carbon cap or a tax can both achieve cost - effective emissions reductions.
In order to estimate the impact on the economy of the Clean Power Plan's regulatory scheme, based on an estimated SCC of $ 37 per ton, we have modeled the impact of an equivalent tax of $ 37 per ton carbon emissions [14] instituted in 2015 and increasing according to the EPA's annual estimates of the social cost of carbon.
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