Sentences with phrase «emissions caps»

The agency will be imposing emissions caps on new and existing power plants across the country, which significantly hurts the coal industry.
To adjust emissions caps in the future, the allowances would expire periodically, perhaps as often as once a year.
Prices and trading volumes reflect many factors, including differences in the rigor of emission caps, enforcement standards, project monitoring and auditing.
A declining emissions cap would help reduce emissions over time.
No state agency may adopt or enforce a statewide program that establishes a greenhouse gas emission cap or charge except as provided in this chapter.
A key point to recognize is that negotiating the minimum price would be much simpler compared to negotiating a complete set of individual national emissions caps.
We regularly advise our clients on issues including carbon taxes, carbon finance, cap - and - trade regimes, voluntary markets and hard emissions cap legislation.
There is plenty to debate, but you seem unable to look past emissions cap and trade — which has already been tried with limited success.
The simplicity of a single carbon price compared to country - specific emissions caps is an important but elusive point.
And it approved emission caps that will come into effect as early as 2012 for some pollution sources.
The business depended on the notion that the US would impose carbon emissions caps on companies and give its blessing to a market for trading credits, turning CCX's voluntary trading into a mandatory market...
; e) how to address the complex undertaking of setting emissions caps for developing countries, which must be linked to future, unobserved levels in comparison with the historically observed levels for industrialized countries?.
The current RGGI review process may result in lower emissions caps, but these changes are unlikely to take effect by 2020 and don't meet the Kain standard for emission reduction regulations.
If you just talked about setting emissions caps without associated policies, everybody would clamor for getting increased efficiency of markets and trading included.
Regional Greenhouse Gas Initiative (RGGI): Spearheaded the formation of the successful RGGI cap - and - trade program among northeast and mid-Atlantic states, led effort to reduce RGGI's carbon emission cap by 45 percent in 2014, and recently called for an additional cap reduction of at least 30 percent between 2020 and 2030.
Those who believe they can profit from carbon credits because polluters with emission caps will pay for them point to the Kyoto Protocol's Clean Development Mechanism, which allows parties to meet their emission reduction obligations by paying developing countries to grow forests onto land cleared long ago.
It imposes annual emission caps in place of EPA's interim targets but states have the flexibility to spread emissions reductions over the 10 - year compliance period
They should extend RGGI's emissions cap from 2020 to 2030, adopt targets that ensure power plants continue to reduce emissions, and close loopholes that could undermine progress.
Our multifaceted approach involves national and state policy advocacy for mandatory emissions caps; petitions and litigation to protect species and habitats at urgent risk of harm from global warming and to promote government compliance with energy laws; and advocacy for new federal legislation to improve management and protection of highest - risk species.
[1] The resulting proposal was a market - based cap and trade approach which intended to legislate power plant emissions caps without specifying the specific methods used to reach those caps.
This decarbonization could be accomplished by expanding the reach of RGGI — lowering RGGI emission caps by 5 percent per year from 2020 to 2030.
In China, the government is also getting serious — revealing more details about its pilot emissions trading scheme, canvassing a flat carbon tax on certain industries, and also announcing that it would impose emission caps on certain provinces and cities, including the powerhouse economy of Guangdong, and the key commercial hubs of Beijing, Tianjin, Shanghai, Chongqing and Shenzhen, in preparation for the ETS.
According to Evolution Markets (29 Sept 2008): «The CO2 emissions cap under RGGI is 188 million tons per year.
Is that the Mexican delegation — having just announced it would implement emissions caps — consulting with the European Union?
Neither columnist bothered to mention that the oilsands emission cap enjoyed rare support from both energy industry and environmental leaders when Premier Rachel Notley and Environment and Parks Minister Shannon Phillips unveiled the government's Climate Leadership Plan in November 2015.
New pipeline to tidewater or no, Jason Kenney has vowed to repeal the province's carbon tax and oil sands emissions cap.
Due to varying factors, initial emissions caps in the European Union, the U.S. Northeast and California all ended up comfortably above actual emissions, so businesses have not had to pay high prices or face significant incentives to curb their emissions.
Average fuel consumption has been measured around 62.8 mpg and carbon emissions capped at 191 grams per mile.
It is rather unlikely that China's pilot carbon trading schemes will lead to an economy - wide emission cap in the near future (they might lead to sectoral national schemes first and an economy - wide cap later).
Despite various loopholes, the system of global emission caps supplemented by an international system of emissions trading including the opportunities provided by the Clean Development Mechanism and Joint Implementation, is a beautiful structure.
In the end, whether or not the Senate passes a cap - in - name - only climate bill, the long - term failure of Kyoto and all other efforts to establish binding emissions caps is virtually assured and is a function of a basic technological problem.
The world is dithering over incremental emission caps that offer no guarantee of producing the result they have agreed on.
This shows a fundamental misunderstanding of the European Emissions Trading Scheme (ETS) in particular, and the nature of a market - based emissions cap (AKA cap - and - trade) system in general.
«California's current emissions cap is very unlikely to be binding,» Borenstein told me, «so losing Diablo Canyon would raise emissions.»
When it comes into full compliance in 2013, California will set its overall emissions cap at two per cent below the state's forecast total emissions for 2012.
Considering both the most - recent NEB projections and the Alberta emissions cap, Kinder Morgan overestimated oil supply by 43 per cent in 2038.
In May 2016, the courts found that Massachusetts law unambiguously directs the Massachusetts Department of Environmental Protection (DEP) to set sector - specific, declining emissions caps which lead to an aggregate 25 percent reduction in greenhouse gas emissions by 2020.
Yet the OPIC emissions cap effectively prevents it from participating in almost all natural gas - fuelled power projects — and thus directly leaves millions of the global poor in the dark.
The official made the comments one day after Poland and Estonia made headway in a court challenge to their own emissions caps.
The greens would have less sympathy and funding for doing so if they had achieved their overriding objective of enacting a national climate strategy (involving emissions caps) in Canada and the United States.
With high oil prices persistently poised to derail the global economy, with large economies like Germany and Japan swearing off nuclear in the wake of the Fukushima Daiichi disaster, with coal hampered by looming emissions caps, unexpectedly abundant gas seems poised to fill the energy void.
The OSAG was set up to advise the government on how the proposed emissions cap for the oilsands could be implemented.
One key problem that experts are wrestling with is the absence of accurate records on what polluters have emitted — crucial information for deciding emissions caps.
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