Sentences with phrase «emissions allowances»

"Emissions allowances" refers to a system where companies or countries are given a certain limit or amount of pollution they are allowed to emit. This is done to control and reduce the amount of harmful pollutants released into the environment. If a company or country stays within its emissions allowance, it means they have not exceeded their allowed level of pollution. Full definition
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.
The groups support using 5 percent of valuable greenhouse gas emission allowances under the bill's cap - and - trade system to prevent tropical deforestation and reduce international forest emissions.
First, the energy - intensive, trade - exposed industries will be allocated 15 percent of all carbon dioxide emission allowances in 2014, the committee agreed.
Next, the automobile industry will receive three percent of CO2 emission allowances from 2012 through 2017, and after that will receive one percent of allowances through 2025.
Under cap - and - trade, the market will establish a price for greenhouse gas emissions allowances.
Maybe this could be one solution to drive a reduction in emissions, if we actually pay and get paid in carbon emission allowances.
Within the cap, companies receive or buy emission allowances which they can trade with one another as needed.
Allowing participating companies to buy or sell emission allowances means that emission cuts can be achieved at least cost.
Still it's just part of the pricing system, with emission allowances hopefully functioning as the real control on the amount, together with regulation.
This means that Swiss industries will be able to use European emission allowances and vice versa.
For the government, issuing the scarce emissions allowances would vastly expand its power.
In mass - based trading, the traded commodity is emission allowances measured in tons.
The more a company contributes to economic output, the more emission allowances it receives since targets are expressed as emissions / value added.
This positive result was overshadowed by an influx of carbon credits from the international markets as companies looked to exploit a closing loophole on the eligibility of certain methods of earning emission allowances.
In 2016, energy - intensive industries and industries exposed to trade threats would get emissions allowances to offset their compliance expense.
The reporting cycle is in three year increments — every three years, each facility must report its total tons of carbon emissions and submit an equal number of emission allowances.
This may lead to a global network of trading systems in which participants, including legal entities, can buy emission allowances to fulfil their respective reduction commitments.
I would rather see an annually decreasing per vehicle carbon emissions allowance.
The paper shows that if we do nothing about the extraordinary growth of aviation emissions then aeroplanes will account for our entire greenhouse gas emission allowances by 2050.
The trend will not improve if over-allocation of emission allowances through weak National Allocation Plans seen in the period 2005 - 2007 continues.
The report supports a floor price on emissions allowances, which is included in the House bill, as well.
First Climate can support you in this area; from the analysis of your baseline to the delivery of the required emission allowances.
The EU emissions allowance trading scheme provides an opportunity to use international means to achieve emissions cuts at the lowest possible costs.
Estimates of the value of tradable emissions allowances in the first year range from roughly $ 2.6 billion to $ 7.8 billion, when electricity and industry are covered under the program.
Austria should also incorporate Kyoto flexible mechanisms into the climate strategy, particularly the EU emission allowance trading scheme.
The cap - and - trade emissions trading system (ETS) set up by the European Union issued so many free emissions allowances that the system had virtually no effect on climate.
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.
On the mitigation side, the state's cap and trade program creates emission allowances and a pot of money that can be used to to fund additional actions, whether it's public transit or other things to reduce emissions.
Eventech put forward the argument that its case was comparable to that of the Commission vs Netherlands case (C - 279 / 08 P), which dealt with the Dutch Nox emission trading scheme that allowed companies to circumvent fines for their pollution emission by purchasing emission allowances from other companies that had not used up their pollution quota.
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