Sentences with phrase «dependent on our carbon pricing»

Not exact matches

Regardless of the mechanism chosen, any carbon pricing system implemented should be Revenue Neutral so that the government does not become dependent on the revenue from the fee, tax or trade credits.

This revealed approval of the controversial Keystone XL (KXL) pipeline would only have a marginal positive impact of the economics of the Canadian oil - sands industry, but could trigger a rush of investment into additional risky high - cost, high - carbon projects, dependent on rising oil prices.

Plain and simple economics — not the alleged machinations of Big Oil or Congress's unwillingness to put a price on carbon — explains why America remains dependent on petroleum.

If, on the other hand, the tax provides «carbon dividends» to offset the impact of higher energy prices on poor households, it will create a new class of welfare dependents.

These equity concerns include: the regressive impact of potential energy price increases on low - income households; the potential for carbon pricing policies to allow some fossil fuel - fired power plants or refineries to continue to operate and emit air and water pollutants in neighborhoods already burdened by pollution; and the economic hardship to workers and communities dependent on fossil fuel industries for livelihoods or for their tax base as we transition away from these resources.

And our biggest energy companies, utilities and auto companies became dependent on cheap hydrocarbons that spin off climate - changing greenhouse gases, and we clearly have not forced them, through a carbon tax, to price in the true risks and costs to society from these climate - changing fuels.

Approval would encourage investment into risky high - cost, high - carbon projects, dependent on rising oil prices