Sentences with phrase «emission allowances from»

EU emission trading reforms, known as backloading, involve withholding 900m emission allowances from the carbon market to address an oversupply of credits.

Authorizes financial assistance to the states using emission allowances from the SEED accounts.

Establishes limits on the number of emission allowances from the strategic reserve account that may be auctioned for 2012 - 2016 and for 2017 and thereafter.

-- For each of calendar years 2012 through 2016, the annual limit on the number of emission allowances from the strategic reserve account that may be auctioned is an amount equal to 5 percent of the emission allowances established for that calendar year under section 721 (a).

-- For calendar year 2017 and each year thereafter, the annual limit on the number of emission allowances from the strategic reserve account that may be auctioned is an amount equal to 10 percent of the emission allowances established for that calendar year under section 721 (a).

-- If a reversal has occurred with respect to an offset project for which offset credits are reserved under this paragraph, the Administrator shall retire offset credits or emission allowances from the offsets reserve to fully account for the tons of carbon dioxide equivalent that are no longer sequestered.

«As a gesture of good faith the EU will «stop the clock» on the implementation of the international aspects of its ETS aviation by deferring the obligation to surrender emissions allowances from air traffic to and from the EU by one year.

Not exact matches

The bill aims to ameliorate these effects by allowing emitting plants to continue for a while by buying permits or allowances from other producers whose emissions are below their allowances — hence «cap and trade.»

The state would raise the $ 30 million from the New York State Energy Research and Development Authority's (NYSERDA) auctioning of carbon dioxide emission allowances.

E.U. governments asked companies to provide their own, unverified historical emissions data, and many inflated their numbers so as to claim more free allowances from government.

Under that program, power plant owners who installed equipment to scrub the sulfur dioxide out of the emissions from their smokestacks could then sell for a profit any leftover allowances to other polluters unable or unwilling to make the pricey upgrades.

Other proposed amendments would provide for compliance with U.S. EPA's Clean Power Plan for existing power plants, allocate allowances to businesses in order to prevent emissions from escaping state borders, and streamline how emitters register and participate in auctions.

Regular auctions to sell the right to pollute, or allowances, have netted nearly $ 676 million for the states and emissions have dropped to roughly 120 million metric tons of CO2 — 34 percent below the cap for 2009, according to a report from Environment Northeast.

In addition, no international offset credits shall be issued for emission reductions from activities with respect to which emission allowances were allocated under section 781 for distribution under part E.

-- For a covered entity described in section 700 (13)(J), 1 emission allowance for each ton of carbon dioxide equivalent of greenhouse gas that would be emitted from the combustion of the natural gas, and any other gas meeting the specifications for commingling with natural gas for purposes of delivery, that such entity delivered during the previous calendar year to customers that are not covered entities, assuming no capture and sequestration of that greenhouse gas.

-- Where carbon dioxide (or another greenhouse gas) generated by a covered entity is used as an input in the production of algae - based fuels, the Administrator shall ensure that emission allowances are required to be held either for the carbon dioxide generated by a covered entity that is used to grow the algae or for the portion of the carbon dioxide emitted from combustion of the fuel produced from such algae that is attributable to carbon dioxide generated by a covered entity, but not for both.

The Clarity Fuel Cell is competitively lease priced at $ 369 per month for 36 months with $ 2,868 due at signingi with California customers eligible for a $ 5,000 rebate.iiThe lease terms include an attractive mileage allowance of 20,000 miles per year, up to $ 15,000 of hydrogen fuel, up to 21 days of access to a luxury vehicle from Avis while in California, iii 24/7 roadside assistance, and eligibility for Californias Clean Air Vehicle Stickers, allowing single occupant HOV access.2 In addition, the Clarity Fuel Cell has the highest EPA driving range rating of any zero - emission light - duty vehicle in America, including fuel cell and battery electric vehicles, with a 366 - mile range rating and fuel economy rating of 68 combined MPGe (miles per gallon of gasoline - equivalent).

However, «study after study predicts that carbon emissions will keep growing by roughly three percent a year — and at that rate, we'll blow through our 565 - gigaton allowance in 16 years, around the time today's preschoolers will be graduating from high school.»

The program reduces the number of available allowances issued each year to ensure that aggregate emissions from the covered entities are reduced by 3 % below 2005 levels in 2012, 20 % below 2005 levels in 2020, 42 % below 2005 levels in 2030, and 83 % below 2005 levels in 2050.

First Climate can support you in this area; from the analysis of your baseline to the delivery of the required emission allowances.

Furthermore, companies failing to surrender enough allowances to match their emissions will be deducted twice the amount of allowances from the following year's allocation and are fined CNY 50,000 (USD 7,398).

Second, a reference emergency pathway should not be so vague when it comes to defining overall global emissions allowances, or indeed in specifying what «substantial deviation from baseline» in the «non-Annex I» developing world actually means.

Furthermore, companies that fail to surrender enough allowances to match their emissions will be deducted twice the amount of allowances from next year's allocation and are fined one to three times the average market price for every allowance, with a maximum limit of CNY 150,000 (USD 22,195).

Allowances for aviation and shipping were set aside within the 80 % by 2050 goal in a way that — for example — did not allow for rising emissions from a third runway at Heathrow.

The New York investments from the RGGI allowance auction revenues are expected to only reduce emissions 89,531 tons at an average investment rate of $ 81.5 million.

States will withhold allowances from circulation to secure additional emissions reductions if prices fall below established trigger prices.

The first phase of the EU ETS — from 2005 to 2007 — drew criticism for not achieving substantial cuts in emissions, excessive allowance price volatility and for resulting in windfall profits for some utility firms that received carbon allowances for free but were able to pass through their full cost to consumers in the form of higher electricity prices.

Participants sourcing from affected facilities must match this generation with either a) the retirement of eligible emissions allowances or b) the retirement of «Green - e compliant ERUs,» which were generated as a result of emissions reductions beyond the emissions reduction pathway at a covered party.

Taking into account their ability to pass on the increased cost of emission allowances, full auctioning is the rule from 2013 onwards for electricity generators.

Plants that exceed their allowances must either reduce their emissions, or buy spare allowances from within the market, with the price determined by how many allowances are up for sale and how many are needed.

EPA proposes to set aside from the emission budget for the first compliance period up to 300 million CO2 allowances for use as matching early action allowances under the CEIP.

And President Barack Obama has called for a national cap - and - trade system that would set greenhouse - gas emission limits for many businesses and require those that exceeded them to buy allowances from others that haven't (see Chu's Wish List: Cap - and - Trade and Cheaper Solar).

Subtitle B: Disposition of Allowances -(Sec. 321) Amends the CAA to set forth provisions governing the disposition of emission allowances, including specifying allocations: (1) for supplemental emissions reductions from reduced deforestation; (2) for the benefit of electricity, natural gas, and / or home heating oil and propane consumers; (3) for auction, with proceeds for the benefit of low income consumers and worker investment; (4) to energy - intensive, trade - exposed industries; (5) for the deployment of carbon capture and sequestration technology; (6) to invest in energy efficiency and renewable energy; (7) to be distributed to Energy Innovation Hubs and advanced energy research; (8) to invest in the development and deployment of clean vehicles; (9) to domestic petroleum refineries and small business refiners; (10) for domestic and international adaptation; (11) for domestic wildlife and natural resource adaptation; and (12) for international clean technology dAllowances -(Sec. 321) Amends the CAA to set forth provisions governing the disposition of emission allowances, including specifying allocations: (1) for supplemental emissions reductions from reduced deforestation; (2) for the benefit of electricity, natural gas, and / or home heating oil and propane consumers; (3) for auction, with proceeds for the benefit of low income consumers and worker investment; (4) to energy - intensive, trade - exposed industries; (5) for the deployment of carbon capture and sequestration technology; (6) to invest in energy efficiency and renewable energy; (7) to be distributed to Energy Innovation Hubs and advanced energy research; (8) to invest in the development and deployment of clean vehicles; (9) to domestic petroleum refineries and small business refiners; (10) for domestic and international adaptation; (11) for domestic wildlife and natural resource adaptation; and (12) for international clean technology dallowances, including specifying allocations: (1) for supplemental emissions reductions from reduced deforestation; (2) for the benefit of electricity, natural gas, and / or home heating oil and propane consumers; (3) for auction, with proceeds for the benefit of low income consumers and worker investment; (4) to energy - intensive, trade - exposed industries; (5) for the deployment of carbon capture and sequestration technology; (6) to invest in energy efficiency and renewable energy; (7) to be distributed to Energy Innovation Hubs and advanced energy research; (8) to invest in the development and deployment of clean vehicles; (9) to domestic petroleum refineries and small business refiners; (10) for domestic and international adaptation; (11) for domestic wildlife and natural resource adaptation; and (12) for international clean technology deployment.

Requires the Comptroller General to report to Congress on the results of a review of programs administered by the federal government that distribute emission allowances or funds from any federal auction of allowances.

Requires the EPA Administrator to promulgate regulations establishing a program to use emission allowances set aside to reduce GHG emissions from deforestation in developing countries, with the objectives to: (1) achieve 720 million tons of reductions in 2020 and a cumulative emission reduction of 6 billion tons by 2025, (2) build institutional capacities in developing nations; and (3) preserve intact, native forests.

Emissions from power plants in New York State are down approximately 45 percent since 2005, and auction proceeds from sale of the RGGI allowances have reduced electricity expenditures and created thousands of green energy sector jobs.

In addition, no international offset credits shall be issued for emission reductions from activities with respect to which emission allowances were allocated under section 781 for distribution under part E.

(4) documentation of the amount of energy savings, emission reductions, renewable energy deployment, and new or retooled manufacturing capacity resulting from the use of such allowances or allowance value; and

«For the purposes of decreasing the likelihood of catastrophic climate change, preserving tropical forests, building capacity to generate offset credits, and facilitating international action on global warming, the Administrator shall set aside the percentage specified in section 781 of the quantity of emission allowances established under section 721 (a) for each year, to be used to achieve a reduction of greenhouse gas emissions from deforestation in developing countries in accordance with part E.

-- For a covered entity described in section 700 (13)(F), (G), or (H), 1 emission allowance for each ton of carbon dioxide equivalent of greenhouse gas that such covered entity emitted in the previous calendar year, excluding emissions resulting from --

«(2) To be distributed in accordance with section 304 of the Energy Conservation and Production Act, as amended by section 201 of the American Clean Energy and Security Act of 2009, for each vintage year from 2012 through 2050, 0.5 percent of emission allowances established for that year under section 721 (a).

-- For a covered entity described in section 700 (13)(A), 1 emission allowance for each ton of carbon dioxide equivalent of greenhouse gas that such covered entity emitted in the previous calendar year, excluding emissions resulting from the combustion of --

-- Not later than September 30 of each calendar year from 2011 through 2028, the Administrator shall, in accordance with this subsection, distribute emission allowances allocated pursuant to section 782 (a)(2) for the following vintage year.

-- For a covered entity described in section 700 (13)(I), 1 emission allowance for each ton of carbon dioxide equivalent of greenhouse gas that the devices emitted in the previous calendar year, excluding emissions resulting from the combustion of --

«(3) to eliminate or reduce distribution of emission allowances under subpart 1 when such distribution is no longer necessary to prevent carbon leakage from eligible industrial sectors.

Such programs incentivize «climate action» by reallocating allowances under a future emissions budget or cap from those who don't take early action to those who do.

--(1) The Administrator shall auction pursuant to section 791 emission allowances for the benefit of workers pursuant to part 2 of subtitle B of the American Clean Energy and Security Act of 2009 in the following amounts, and shall deposit into the Climate Change Worker Adjustment Assistance Fund established pursuant to section 793, and report to the Secretary of Labor on, the proceeds from the sale of these allowances:

-- Not later than 2 years after the date of enactment of this title, the Administrator, in consultation with the Administrator of USAID and any other appropriate agencies, shall promulgate regulations establishing a program to use emission allowances set aside for this purpose under section 781 to reduce greenhouse gas emissions from deforestation in developing countries in accordance with the requirements of this part.

-- Where carbon dioxide (or another greenhouse gas) generated by a covered entity is used as an input in the production of algae - based fuels, the Administrator shall ensure that emission allowances are required to be held either for the carbon dioxide generated by a covered entity that is used to grow the algae or for the portion of the carbon dioxide emitted from combustion of the fuel produced from such algae that is attributable to carbon dioxide generated by a covered entity, but not for both.

Decisions could be taken in Copenhagen to reduce emissions and raise money from international aviation and shipping or the auctioning of allowances.