Sentences with phrase «emission credits worth»

Tesla's all - electric design allowed it to collect carbon emission credits worth $ 70 million in the past year, adding to its bottom line this quarter.

Not exact matches

Companies, the activists allege, are deliberately generating greenhouse gas pollution in order to snag millions of dollars worth of carbon credits when they then mitigate the emissions.

If the overall cap for any year is set below the level of emissions last year, on a downward trajectory compatible with stabilizing concentrations at a safe level, reserving some credits for new entrants would force other firms to bid for fewer permits, raising prices and increasing the number of mitigation activities that are worth undertaking.

Today, $ 141 billion (R994bn) worth of credits that help countries meet their Kyoto goals change hands in global emissions markets.

The 2030 package has been criticised for granting Poland concessions including an estimated 200 million free carbon allowances (emissions credits)-- worth about $ 4bn (# 3bn) at a carbon price of $ 20 per tonne — and a new modernisation fund for poorer EU countries to upgrade their energy sector, which may be worth $ 6bn in the decade to 2030.