Sentences with phrase «emissions credits»

The approach is based on what can clearly be accomplished, rather than relying on indirect strategies for cutting emissions or boosting energy efficiency, including trading systems for emissions credits.

The market value would be based upon the price of emission credits from trading system provided for in the bill.

The scheme would allow the airlines to start a trading mechanism and possibly allow it to trade emissions credits with other industries.

It is said that the right of Eastern European countries to sell emission credits allows them not to have to reduce their greenhouse gas emissions.

What are the implications of air emission credit issues for power plants currently under development?

Here's why regulators should reject giving emissions credits to manufacturers for deploying safety and self - driving technologies.

The auctions are used to determine the price of emission credits for regulated parties.

In 2015, targeted support resulted in the identification of sectors with the greatest potential demand for carbon emissions credits in Panama.

The owner of the US's only nationwide cap - and - trade market has signalled the death of the seven - year - old industry, saying companies were no longer interested in trading carbon emissions credits in the absence of government legislation.

The scheme will enable developed countries to buy emissions credits by paying developing nations to preserve forested areas.

An Exelon spokesperson on July 17 emailed the following statement to POWER regarding the ruling: «The court's decision to dismiss the lawsuit regarding the Zero Emissions Credit program in Illinois» Future Energy Jobs Act (FEJA) is good news for the environment and consumers.

Contrary to Blair Horner's «truth» about the Zero Emissions Credit program («Public deserves truth about nuclear bailout,» July 30), the ZEC has secured local jobs and will generate $ 4 billion in net economic benefits to New Yorkers in the first two years.

To meet the 5 % reduction target, another 100 million tonnes would have to be covered by buying emissions credits from developing countries and overseas permits, likely from the European Union.

Since any sensible program for global climate change stabilisation involves the purchase of emissions credits from poor countries, achieving both goal together would not cost much more than 5 per cent of global income.

But in «Making Carbon Markets Work,» David G. Victor and Danny Cullenward describe the process of allocating emission credits as «politically charged and corruption - prone.»

Prices are low because there is a surplus of emissions credits as a result of over-generous allocations and reduced demand after the financial crisis.

«New York State does not provide emission credits.

Glenn English, a former Oklahoma Democratic congressman and the CEO of the National Rural Electric Cooperative Association, and Mark Crisson, the president and CEO of the American Public Power Association, suggested a «safety valve» price cap on emission credits to guarantee costs to industry.

Power company executives amplified their call today for free emission credits to comply with a House climate bill, calling their proposal an «elegant solution» ensuring the public won't face skyrocketing electric bills.

First, a carbon tax or emission credits requirement on imports could be framed as WTO permissible «border adjustment» of a domestic, US tax or cap - and - trade system (Section V).

The IEA says emissions credits would need to cost â?

Here are the three trading schemes set by the Kyoto Protocol under which emission credits can be bought and sold, as explained by Reuters:

Under the civil accord, which involved the sale of 1.2 million cars and SUVs, the companies will also spend around $ 50 million to prevent future violations and forfeit emissions credits estimated to be worth over $ 200 million, U.S. authorities said.

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.

«It might put extra pressure on public budgets in the countries that will have to purchase international emission credits in order to achieve their targets,» said EEA climate expert Francois Dejean, who coordinated the report.

The State will fund the Green Jobs - Green New York loan program and establish the statewide green jobs training program, with $ 112 million in funding acquired by auctioning carbon emission credits through the Regional Greenhouse Gas Initiative (RGGI).

One scheme, the government says, involved co-defendant Peter Galbraith Kelly, 53, of Connecticut, an official with an energy company that wanted help on state issues, including emission credits and a power - purchase agreement.

The complaint alleges Percoco received an email that Wednesday from Howe inquiring whether Percoco could nudge the state environmental commissioner at the time, Joe Martens, to approve the energy company's request to buy New York emission credits.

The Democratic - controlled state Assembly on Monday introduced a budget bill that would prohibit the purchase of zero - emission credits mandated under the clean energy plan until leaders of the PSC and the New York Energy Research and Development Authority appear before a joint hearing of the Senate and Assembly to answer questions.

The authority's strategy also relies heavily on purchasable emissions credits and a government scheme that pays polluters to cut carbon output.

It will seek to take a share of the multi-billion dollar global market which trades emissions credits granted by the Kyoto Protocol in exchange for investment in green projects in developing countries.

Our sense is that the most committed governments will work to ensure that the E.U. complies with its Kyoto commitments as a whole, notably by purchasing emission credits overseas from the clean development mechanism and from a similar system that allows governments to obtain credits in Russia and other «transition» countries.

It is unclear whether the upcoming Chinese carbon trading market, starting from next year, will allow companies to trade emission credits generated from CCUS projects.

Encourage worldwide caps on emissions, or offer emissions credits, as well as pecuniary incentive for those companies (regardless of country of origin) that go above and beyond the call of duty.

During 2005 talks over the climate treaty in Montreal, for example, the National Center for Public Policy Research, a group opposing emissions restrictions, tried to illustrate its view of carbon markets by handing out mock emissions credits.

He listed areas where deals might be reached, including: finding ways for wealthy countries to get emissions credits by paying for the protection of forests in poorer nations; the Clean Development Mechanism, a system for encouraging other kinds of investments that cut poor - country emissions; and systems for sharing technology.

The protocol is extremely important to dozens of developing countries that have received substantial sums for emissions credits earned under the agreement's Clean Development Mechanism.

Then, if we make a national cap and trade system that makes the right to emit carbon tradeable and apportions it on a per capita population basis, and if nations are given tradeable emissions credits for their carbon sinks, we will have an equitable international system that doesn't discriminate between countries and provides tools to help the third world control its carbon emissions and preserve its forests.

We might consider a compromise with the Chinese that grandfathered and excused greenhouse emissions before Kyoto in return to a pledge to share technology and research, but that required nations to make additional cuts (or purchase additional emissions credits) to compensate for emissions since then.

If emissions credits are based on population at the time the program begins plus the difference between immigration and emigration, countries will also have an incentive to limit excessive birth rates.

Carbon offsets that are produced under a voluntary standard differ from those required by mandatory compliance schemes, and are called Verified or Voluntary Emissions Credits (VERs).

We are skeptical of the authority to use 1605 (b) to guarantee any future emission credits and strongly suggest that such a claim not be made without new legislation [p. 1].

For example, an effective emission credit trading system will require some form of taxation of carbon dioxide emissions embodied in imports from nonsignatory countries.

The IEA is critical of an EU plan to temporarily shelve emissions credits to bolster prices, a process known as backloading.