For example,
an effective emission credit trading system will require some form of taxation of carbon dioxide emissions embodied in imports from nonsignatory countries.
Not exact matches
«(2) establish and maintain an
effective, transparent, and fair market for
emission allowances and preserve the integrity of the cap on
emissions and of offset
credits;
To be
effective, CORSIA has to address several challenging issues, such as ensuring the quality of offset
credits and avoiding that
emission reductions are accounted twice, i.e. in the generating country and under CORSIA.
And, if home insulation is a cost -
effective method of reducing
emissions, which householders are neglecting for reasons such as
credit constraints, the scheme could allow the target to be reached at lower social cost.
«If these proposed tax
credits are enacted, they would drive cost -
effective CO2 reductions in both the industrial and power sectors that together account for more than half the CO2
emissions in the US.
Tax
credits for hybrid and alternative vehicles are expensive and not particularly
effective at reducing CO2
emissions, at least in the near term.
Some welcome them as a cost -
effective way to reduce
emissions, while others worry that by selling «carbon neutrality» at the swipe of a
credit card, they provide an excuse for «business - as - usual».
The
credit would become
effective for new power production facilities after January 1, 2017, although after 2016 a 20 percent
credit would be available for existing facilities that retrofit to capture at least 50 percent of carbon dioxide
emissions.