Sentences with phrase «emissions credits in»

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.
In 2015, targeted support resulted in the identification of sectors with the greatest potential demand for carbon emissions credits in Panama.
New York will end an agreement with New Jersey allowing companies to trade emission credits in order to meet pollution standards, a decision that follows accusations by federal prosecutors that the credits were part of a corruption scheme involving a Competitive Power Ventures power plant in New Jersey.
Among them: Competitive Power wanted the Department of Environmental Conservation's OK to let it purchase emission credits in New York for a plant it was building in New Jersey — a «reciprocity agreement.»
Absent these institutions, emission credits in Europe would be worthless — just as bad money drives good from circulation, as economists often have observed.
Another issue is the lack of emission credits in the South Coast Air Quality Management District that makes it difficult to obtain the necessary permits to build reliable replacement power before aging, less - efficient power plants can be retired or repowered.

Not exact matches

However, its automotive gross margin, which doesn't include the sale of zero - emission vehicle credits, dropped to 13.8 % from 22.2 % in the same period last year.
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.
Some of them, including Italy and Spain, will only be able to do so by buying credits to offset their own emissions, for example by investing in projects that reduce carbon emissions in developing countries.
Another 2 million in reported emissions reductions came from what are called «emission performance credits
So, as far as I can see, essentially the same outcome as the double - credits achieves, both in terms of revenue for Shell and cost to the CCEMF could have been achieved with a $ 15 per - ton - sequestered payment from the CCEMC without sacrificing the integrity of emissions reduction accounting within the offset program.
Tesla also collects hundreds of millions from competing automakers by selling environmental credits in California and more than half a dozen other states to car companies that can't meet the states» «zero emissions» sales mandates.
Analysts say high use of UN offsets in EU emissions trading scheme suggests industrial gas credits are being ditched before 2013 cut off point
Analysts warn prices are likely to remain in doldrums for 12 months as certified emission reduction credits reach $ 3.32 a tonne
Although the wine industry and most other agricultural industries are considered low producers of carbon emissions, GHG issues, such as gaining market access to retailers interested in carbon foot printing, providing data for marketing purposes and / or carbon credit accounting, are becoming more significant to brands and image.
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).
A Quality Assurance Scheme (QAS) was launched in 2009 with a Quality Mark, so that consumers could be sure the offset credits they bought were mitigating the effect of their emissions.
In August 2013, Percoco allegedly succeeded in gaining CPV a reciprocity agreement to purchase emission credits from New York for a New Jersey power planIn August 2013, Percoco allegedly succeeded in gaining CPV a reciprocity agreement to purchase emission credits from New York for a New Jersey power planin gaining CPV a reciprocity agreement to purchase emission credits from New York for a New Jersey power plant.
ALBANY — The Cuomo administration's plan to save nuclear power plants will force utilities to pay for emissions credits that cover their losses in the face of cheap natural gas.
Airport expansion plans and an over-reliance on buying in emission credits to meet domestic carbon targets are negatively affecting efforts to convince other countries to take a tough stand on climate change, the environmental audit committee has found.
The report accepts minister's efforts to include aviation in the EU emissions trading scheme, where firms would be given a certain allocation of carbon credits to buy and sell on the open market, but warns this is still «years away».
In return, Joseph Percoco took a series of actions intended to benefit CPV, prosecutors say — namely, he helped it secure emission reduction credits and tried to help it obtain the lucrative power - purchase agreement.
As the governor conferred with his top staff members, federal law enforcement authorities say his then - executive deputy secretary, Joseph Percoco, and a former longtime friend and adviser, Todd Howe, were secretly exploiting their political muscle in a bribery scheme that would help the energy company, Competitive Power Ventures, purchase pollution «emission reduction credits» from New York state.
The state would instead subsidize the plants using proceeds from the Regional Greenhouse Gas Initiative (RGGI), a market - based program that requires conventional power plants to purchase credits as a mechanism for reducing greenhouse gas emissions, «in recognition of their zero carbon emitting attributes,» according to the bill memo.
In August 2013, at Percoco's request, the governor's office instructed DEC officials to sign a reciprocity agreement with New Jersey allowing power plants to trade emission reduction credits purchased in either state, prosecutors saIn August 2013, at Percoco's request, the governor's office instructed DEC officials to sign a reciprocity agreement with New Jersey allowing power plants to trade emission reduction credits purchased in either state, prosecutors sain either state, prosecutors say.
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.
The complaint alleges that Glaser, who's not identified by name, used his personal e-mail when he agreed in August 2013 to help Percoco get state approval for CPV to buy «emission reduction credits» in New York to help it build the New Jersey plant.
And the U.S. can take credit for about 21 percent of those emissions, according to the report in Proceedings of the National Academy of Sciences.
Dell Round Rock, TX Information Technology 554 million green kWh, 158 % of total power used In August 2008 managers declared Dell's headquarters «carbon - neutral» after buying energy credits, increasing efficiency and reducing emissions.
If they exceed the cap, they can purchase credits generated by projects to reduce emissions in developing countries.
In the draft climate change bill proposed by House Democrats, credits aimed at gaining emissions cuts by avoiding tropical deforestation would slowly decrease over time.
He went on to urge Blair to support the U.S. position in favor of more credit for carbon sequestered by forests and sinks, assuring him that it would allow the United States to curtail even more emissions.
Its plan for going carbon neutral largely relies on buying in carbon credits rather than reducing its actual emissions to zero.
Since the Kyoto protocol came into force in 2005, companies in the developing world can generate greenhouse gas emission reductions and sell them as «carbon credits» in the developed world through such mechanisms as the European Union's Environmental Trading Scheme (EU ETS), which is similar to schemes in Japan and New Zealand.
So companies in the developed world have an annual limit on the level of greenhouse gas emissions they can produce, and if they exceed their cap, they can purchase credits generated by the emission reduction projects or low - carbon technologies in developing countries.
He also said the United States should provide emissions credits and tax cuts to industries that reduce emissions early, make binding pledges to reduce its own greenhouse gas emissions early in the next century, and give a $ 5 billion boost over the next 5 years to research and development aimed at using energy more efficiently.
Seventeen hundred diplomats established how, in a complex accounting of greenhouse gas emissions and uptakes, countries will receive credit for fighting warming.
Developed countries got some of the flexibility they wanted: For instance, they can purchase emission credits from countries able to cut emissions beyond their required amount, or receive credit for emission reductions achieved through a project like a hydroelectric dam in a developing country.
They credited drops in CO2 emissions from the United States and China as the primary drivers of the trend.
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.»
In return, the US will be credited with a share of the cuts in emissions of greenhouse gaseIn return, the US will be credited with a share of the cuts in emissions of greenhouse gasein emissions of greenhouse gases.
The problem is that life - cycle analyses for biofuels literally assign a carbon credit to the biofuel that cancels out all the emissions from burning the fuel in the car.
Blue carbon markets, in which countries or corporations could offset CO2 emissions by buying carbon credits from projects that create or protect carbon - rich habitat, could become viable in two to three years, says John Bruno, a marine ecologist at the University of North Carolina in Chapel Hill.
McCain's platform revolves chiefly around monetary challenges for companies and consumers — including a $ 5,000 tax credit for consumers who buy zero - emission cars (encouraging automakers to create such vehicles) and a $ 300 - million X PRIZE — like competition to develop a battery for plug - in hybrids and fully electric cars.
Nor is the problem confined to the private sector; the government of Hungary explicitly sold carbon credits to Japan that had already been used to offset domestic emissionsin effect, double counting the same theoretical emission reductions.
The UN expects China to account for 41 % of all carbon credits issued by 2012, but a recent paper in Nature suggests that a loophole in the system has allowed investors to get rich without cutting significant amounts of emissions.
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.
«They use default emissions factors for various types of coals, they have to use various efficiency rates and things like that, and slight tweaks in those has huge impacts when you're talking about hundreds of millions of credits
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.
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.
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