Sentences with phrase «emission allowances through»

The trend will not improve if over-allocation of emission allowances through weak National Allocation Plans seen in the period 2005 - 2007 continues.

States sell nearly all emission allowances through auctions and invest proceeds in energy efficiency, renewable energy, and other consumer benefit programs.

Not exact matches

-- In directing the provision of emission allowances under this subsection during the years 2012 through 2017, the Secretary shall give preference to applications for projects that save the maximum number of gallons of fuel.

-- 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).

-- The emission allowances provided pursuant to this Act to the States SEED Accounts shall support the implementation through State REEP programs of alternate means of creating incentives for, or reducing financial barriers to, improved energy and environmental performance in buildings, consistent with this section, including --

«(i) increase the percentage of emissions that can be offset through the use of international offset credits to reflect the amount that 1.0 billion exceeds the number of domestic offset credits the Administrator determines is available, at prices generally equal to or less than emission allowance prices, for that year, up to a maximum of 0.5 billion tons of greenhouse gas emissions; and

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.»

Continuing to provide emissions allowances for state energy efficiency and renewable energy programs through 2030, and increasing the percentage of emissions allowances to 6 %.

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.

Subtitle D: State Energy and Environment Development Accounts -(Sec. 131) Requires the EPA Administrator to establish a program under which a state, through its State Energy Office or other state agency, may operate a State Energy and Environment Development (SEED) account to serve as a common state - level repository for managing emission allowances provided to states designated for renewable energy and energy efficiency purposes.

Requires emission allowances to the states» SEED accounts to support the implementation through state REEP programs of alternative means of creating incentives for, or reducing financial barriers to, improved energy and environmental performance in buildings.

-- Not later than June 30, 2013, and each calendar year thereafter through 2031, each electricity local distribution company shall submit a report to the Administrator, and to the relevant State regulatory authority or other entity charged with regulating or setting the retail electricity rates of such company, describing the disposition of the value of any emission allowances received by such company in the prior calendar year pursuant to this subsection and subsection (e), including --

«(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).

-- 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.

-- Not later than 90 days after the end of each calendar year, the Administrator shall establish and distribute to the entity taking the actions described in subparagraph (A), (B), or (C) of paragraph (1) a quantity of compensatory allowances equivalent to the number of tons of carbon dioxide equivalent of avoided emissions achieved through such actions.

-- The emission allowances provided pursuant to this Act to the States SEED Accounts shall support the implementation through State REEP programs of alternate means of creating incentives for, or reducing financial barriers to, improved energy and environmental performance in buildings, consistent with this section, including --

«(i) increase the percentage of emissions that can be offset through the use of international offset credits to reflect the amount that 1.0 billion exceeds the number of domestic offset credits the Administrator determines is available, at prices generally equal to or less than emission allowance prices, for that year, up to a maximum of 0.5 billion tons of greenhouse gas emissions; and

-- For vintage years 2012 through 2050, the Administrator shall allocate 1.05 percent of the emission allowances established under section 721 (a) for the Advanced Research Project Agency - Energy to be distributed in accordance with section 172 of the American Clean Energy and Security Act of 2009.

NRDC offsets all carbon emissions annually by purchasing carbon allowances through the California Cap - and - Trade Program and by directly supporting the creation of renewable energy projects.

For the avoidance of doubt, Gross Revenues shall (A) exclude monies received from any source other than the sale of electric energy and capacity, including, without limitation, any of the following: (i) any federal, state, county or local tax benefits, grants or credits or allowances related to, derived from, or granted to the Wind Energy Project or Grantee, including, but not limited to, investment or production tax credits, or property or sales tax exemptions, (ii) proceeds from financing activities, sales, assignments, partial assignments, contracts (other than the power purchase agreement) or other dispositions of or related to the Wind Energy Project (such as damages for breach of contract or liquidated damages for delays in project completion or failures in equipment performance), (iii) amounts received as reimbursements or compensation for wheeling costs or other electricity transmission or delivery costs, and (iv) any proceeds received by Grantee as a result of damage or casualty to the Wind Energy Project, or any portion thereof and (B) include any revenues derived from Grantee's sale of carbon dioxide trading credits, renewable energy credits or certificates, emissions reduction credits, emissions allowances, green tags, tradable renewable credits, or Green - e ® products, any of which are allocated to Grantee, if applicable, through its participation in any voluntary registry, association or market - based exchange.

The world's most developed carbon market, the EU Emissions Trading Scheme (EU ETS), still bedeviled by massive oversupply of allowances, was the focus of attention throughout the year as legislators debated ways of cutting the surplus, both through the temporary fix of «backloading» and long - term structural measures.

R. 2454 — will reduce pressure on other states, thereby freeing, indeed encouraging (through lower allowance prices) emission increases in the other states.

Assuming a company gets 90 per cent of its allowances for free, and can meet eight per cent of its remaining commitment through offsets, it could meet its compliance obligation either by a minimal two per cent reduction in its emissions, or the purchase of an equivalent number of allowances.

Reginal Greenhouse Gas Initiative is 9 Northeast States that agreed to lower carbon dioxide emissions from the region's power plants by 2.5 % each year through an auction of emission allowances the plants buy.

Stronger Reduction Targets Top List of Recommendations Based on this analysis, Climate Progress has a laundry list of recommendations for how the climate bill can be strengthened: Reducing emissions allowances for «at least the first several years», redoing cost estimates of the bill based on the new data, revised projections of CO2 emissions through 2020 (or 2030), and increasing emission reduction targets — 20 % below 2005 levels is recommended.

In fact, 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.