Sentences with phrase «designed emissions trading»

My view, for what it's worth, is that a well - designed emissions trading scheme is the best available option.
Along with most people who recognise the reality of climate change, I do not doubt that markets and private property rights have, or can have, an important role to play in handling the problem, e.g., through suitably designed emissions trading systems and the like.
There will be four outsiders - Ross Garnaut, who helped design the emissions trading scheme for the Rudd government, the climate expert Will Steffen, the energy expert Rod Sims, and the social policy expert Patricia Faulkner.

Not exact matches

«We believe that a carefully designed cap - and - trade system will send the appropriate price signals to encourage changes and ultimately help reduce emissions
While still not included in the upcoming system, hundreds of facilities in Guangdong and Shanghai are being required to monitor and report their emissions, a move designed to prepare them for serious trading.
The scheme, which allows European companies to trade their emissions of carbon greenhouse gases, was designed as a cost - effective, economically liberal solution to global warming.
At a summer 2006 hearing of the U.S. Senate to discuss the design of a potential emissions trading system, several American utilities urged that auctions, if used at all, should be limited to just five to 15 percent of total permits.
«We are considering expanding the existing pilot programs into surrounding areas and link up those regional carbon markets; if that fails, the central government will then design a nationwide emissions trading scheme and allocate allowances to each region,» said Xu, the government official involved in the national carbon market buildup.
The party opposes «any and all cap and trade legislation» that would create a system of tradable pollution permits designed to reduce industrial emissions of warming gases such as carbon dioxide.
It will focus, in particular, on regulatory design elements and the legal and institutional mechanisms that would be required to enable California to recognize emissions reductions from jurisdictional REDD programs as offsets under California's cap - and - trade program.
CAP AND TRADE: Proceeds from the cap - and - trade system — which is designed to reduce Ontario's greenhouse gas emissions — are projected to be $ 1.9 billion in 2017 — up from last year's projection of $ 1.3 billion — and will be used to invest in green projects and climate change initiatTRADE: Proceeds from the cap - and - trade system — which is designed to reduce Ontario's greenhouse gas emissions — are projected to be $ 1.9 billion in 2017 — up from last year's projection of $ 1.3 billion — and will be used to invest in green projects and climate change initiattrade system — which is designed to reduce Ontario's greenhouse gas emissions — are projected to be $ 1.9 billion in 2017 — up from last year's projection of $ 1.3 billion — and will be used to invest in green projects and climate change initiatives.
In his presentation, Roger proposes a very different type of emissions trading program for China that has component parts that address near - term public health concerns; non-compliance problems; and an emissions market structure, designed with China's unique environmental needs in mind.
That is why EPA has designed each of the rate - based approaches to allow for emissions trading.
Unlike existing cap - and - trade program designs, a «pre-pay» system has no need for setting rules about allocating emission allowances, banking / borrowing of allowances, and the use of offsets.
An effective national climate policy must include several key elements; one effective approach would be a well - designed cap - and - trade program for carbon emissions.
It is designed to ensure the price on carbon imposed through the EU emissions trading scheme does not fall below a set level.
It also calls for a strong signal on the EU level for proper functioning of the European Emissions Trading System (EU - ETS) and a new market - oriented electricity market design on the federal level and in the states.
This webinar brought together experts and representatives from states, electric generators, academia, and nongovernmental organizations to consider this new approach for ensuring that the RGGI emissions trading program functions as designed and examine the finer points of how such a reserve might work and be implemented.
The Senate must consider several important issues before designing an electric power - only emissions trading program.
The trading mechanism is designed to allow reductions to be made the most cost - effectively — allowances would be sold to those willing to pay the most to not have to actually cut their emissions.
(Of course, the largest emissions trading program in the world is now the European Union Emissions Trading System (EU ETS), a greenhouse - gas, cap - and - trade system that was implemented in 2005 and whose design was influenced by the U.S. SO2 emissions trading program in the world is now the European Union Emissions Trading System (EU ETS), a greenhouse - gas, cap - and - trade system that was implemented in 2005 and whose design was influenced by the U.S. SO2 prtrading program in the world is now the European Union Emissions Trading System (EU ETS), a greenhouse - gas, cap - and - trade system that was implemented in 2005 and whose design was influenced by the U.S. SO2 Emissions Trading System (EU ETS), a greenhouse - gas, cap - and - trade system that was implemented in 2005 and whose design was influenced by the U.S. SO2 prTrading System (EU ETS), a greenhouse - gas, cap - and - trade system that was implemented in 2005 and whose design was influenced by the U.S. SO2 program.)
Ontario's cap and trade program is designed to help fight climate change, and reward businesses that reduce their greenhouse gas emissions.
Finally, a feasible cap - and - trade design would have to consider many details, such as which sectors are covered by the cap, how emission allowances will be distributed, whether there will be price corridors, etc..
This technical document explains the rationale for an emission trading system (ETS) and sets out a 10 - step process for designing an ETS — each step involves a series of decisions or actions that will shape major features of the policy.
The case dates back to October 2008, around the same time the European Commission introduced phase two of its EU emissions trading system (EU ETS), which was designed to combat climate change by reducing greenhouse gases.
: Implications of Design Dierences for Linking Domestic Emissions Trading Schemes, Working Paper 1.
We advise public policy makers at all levels with respect to the design of suitable instruments for emissions trading, incentives and funding mechanisms as well as the evaluation of their impacts.
Nonetheless, President Obama plans to include in his 2010 budget the introduction of a massive energy cap - and - trade system designed to raise $ 300 billion a year for the federal government in a bid to get industry to curtail emissions of so - called «greenhouse gases.»
In mid-December the European Union adopted an emergency law designed to firm up prices in its Emissions Trading System (ETS).
«Cap and trade» attempts to add these cost to carbon emissions, but it is an anathema to the Right for which it is designed to appease (even though cap and trade was originally an invention of free market conservatives).
The specific actions that I opposed in my essay were: (1) a cap - and - trade system for carbon emissions, (2) a carbon tax, and (3) $ 5 trillion of U.S. government spending between now and 2100 on technology designed to reduce greenhouse gas emissions.
In the Senate, we are working to design a regulatory framework in the form of a cap - and - trade system that will recognize the real costs of continued emission of greenhouse gases and shift development toward low - carbon energy production.
The proper design of a cap - and - trade system for greenhouse gas emissions is not a simple matter.
This article presents an overview of the design and performance of seven major emissions trading programs that have been implemented over the past 30 years and identifies a number of important lessons for future applications of this important environmental policy instrument.
These companies have known for decades that their products — coal, oil, and natural gas — cause harm, yet even today they continue to fund front groups and trade associations who seek to sow confusion about climate science and block policies designed to reduce the heat - trapping emissions that cause global warming.
Zhang, ZhongXiang (2004): Ways to improve the design of the EU emissions trading scheme: key issues and answers.
75) In the United States, the cap - and - trade is an approach designed to control carbon emissions and will impose huge costs upon American citizens via a carbon tax on all goods and services produced in the United States.
He has played a key role in helping to design the UKs pilot emissions trading scheme and in developing key aspects of the EU ETS.
The bill is designed to reduce emissions by allowing the trading of emissions allowances on the open market, supported by a government inventory of emissions and emission reductions for individual companies and utilities.
Towards International Emissions Trading: Design Implication for Linkages».
Commenting on the release of the emissions figures, Dr Mary Kelly, Director General of the Environmental Protection Agency stated, «the Emissions Trading Scheme is designed to bring about reductions in emissions at least cost, and is seen to play an increasingly important role in assisting European industry implement the type of reductions envisaged in the EU Commission's recent decisions on an overall 20 percent reduction of greenhouse gas emissions in the EU by 2020... While no doubt some of the reduction reflects the economic downturn which began to have significant impact during 2008, nonetheless the overall picture is one of progressive annual GHG emission reductionemissions figures, Dr Mary Kelly, Director General of the Environmental Protection Agency stated, «the Emissions Trading Scheme is designed to bring about reductions in emissions at least cost, and is seen to play an increasingly important role in assisting European industry implement the type of reductions envisaged in the EU Commission's recent decisions on an overall 20 percent reduction of greenhouse gas emissions in the EU by 2020... While no doubt some of the reduction reflects the economic downturn which began to have significant impact during 2008, nonetheless the overall picture is one of progressive annual GHG emission reductionEmissions Trading Scheme is designed to bring about reductions in emissions at least cost, and is seen to play an increasingly important role in assisting European industry implement the type of reductions envisaged in the EU Commission's recent decisions on an overall 20 percent reduction of greenhouse gas emissions in the EU by 2020... While no doubt some of the reduction reflects the economic downturn which began to have significant impact during 2008, nonetheless the overall picture is one of progressive annual GHG emission reductionemissions at least cost, and is seen to play an increasingly important role in assisting European industry implement the type of reductions envisaged in the EU Commission's recent decisions on an overall 20 percent reduction of greenhouse gas emissions in the EU by 2020... While no doubt some of the reduction reflects the economic downturn which began to have significant impact during 2008, nonetheless the overall picture is one of progressive annual GHG emission reductionemissions in the EU by 2020... While no doubt some of the reduction reflects the economic downturn which began to have significant impact during 2008, nonetheless the overall picture is one of progressive annual GHG emission reductions.»
Betz, R. and I. MacGill, 2005: Emissions trading for Australia: Design, transition and linking options.
It is this microeconomics that forms the basis of the design of emissions trading schemes (or carbon taxes), proposals to tax traffic congestion, indeed pretty much all of tax policy, proposals to break up Telstra, and so on.
In this report, ACEEE used its state - of - the - art «DEEPER» energy policy model to examine the economic impacts of three cap - and - trade policy scenarios designed to meet goals for reducing carbon emissions.
Based upon it's conclusions, governments have implemented expensive carbon taxes and new overbearing regulations designed to reduce carbon dioxide emissions, cap and trade schemes, a phased - in ban on incandescent light bulbs, the forced relocation of whole populations of people to make room for carbon credit producing plantations and numerous other far reaching and expensive initiatives.
The IATA does say that it could support carefully designed carbon trading policies, though it prefers voluntary agreements to regulation, and it claims that such schemes should be restricted to carbon dioxide only, and that other emissions should be tackled by «other means» (no mention is made of what these means might be).
Mercury regulation under the Clear Skies Initiative would have been less effective than the technology - based Utility MACT because cap and trade is designed to bring down geographically widespread emissions of a substance.
Seven Provinces and Municipalities (Beijing, Chongqing, Guangdong, Hubei, Shanghai, Shenzhen and Tianjin) are developing pilot emissions trading systems, due to begin in 2013, the experiences of which will inform the design of a national scheme before 2020.
Emissions Trading Scheme Acts as Effectively as Floor on Emissions as Cap The up - tick in coal - combustion is an odd byproduct of the European Emissions Trading Scheme (ETS), designed to cap emissions from industrial and power sector polluters in 30 EUEmissions Trading Scheme Acts as Effectively as Floor on Emissions as Cap The up - tick in coal - combustion is an odd byproduct of the European Emissions Trading Scheme (ETS), designed to cap emissions from industrial and power sector polluters in 30 EUEmissions as Cap The up - tick in coal - combustion is an odd byproduct of the European Emissions Trading Scheme (ETS), designed to cap emissions from industrial and power sector polluters in 30 EUEmissions Trading Scheme (ETS), designed to cap emissions from industrial and power sector polluters in 30 EUemissions from industrial and power sector polluters in 30 EU nations.
Publications include Brookers DSL Environmental Handbook, CCH Global Climate Change Law Guide and «Forestry in the New Zealand Emissions Trading Scheme: Design and Prospects for Success», Carbon and Climate Law Review (Vol 3, 2008).
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