But Borenstein noted that policymakers are considering a far lower price — $ 20 per ton of greenhouse gases — as the maximum that industry could be charged in proposed tradable
emissions permit programs.
Not exact matches
On Monday, Gina McCarthy, the E.P.A. assistant administrator for air issues, told state environmental officials in a letter that if Texas would not regulate carbon
emissions from smokestacks, the federal government would seize control of the state's
permitting program on Thursday.
Current debate on Capitol Hill and in many statehouses favors
programs that cap
emissions and lower the cap over time, using
permits to ensure compliance.
SACRAMENTO — Only two weeks after California voters turned back an effort to suspend the state's
program to combat climate change, a cap - and - trade market for greenhouse gas
emissions saw its first trade, a swap of a climate - change pollution
permit for 2012.
Key Issues for Discussion and Comment in the ANPR: Descriptions of key provisions and
programs in the CAA, and advantages and disadvantages of regulating GHGs under those provisions; How a decision to regulate GHG
emissions under one section of the CAA could or would lead to regulation of GHG
emissions under other sections of the Act, including sections establishing
permitting requirements for major stationary sources of air pollutants; Issues relevant for Congress to consider for possible future climate legislation and the potential for overlap between future legislation and regulation under the existing CAA; and, scientific information relevant to, and the issues raised by, an endangerment analysis.
For example, nine states in the Northeast, as part of a regional cap - and - trade
program that sets overall limits on carbon and then allows states to trade
permits to pollute, have committed to cut
emissions by 45 percent during the next year and by another 2.5 percent a year after that until 2020.
RGGI is a «Cap and Auction»
program that caps electric generating unit
emissions and then auctions
permits to emit CO2 or allowances.
The Pennsylvania Democrat, who has been working on portions of the bill aimed at reducing U.S.
emissions of carbon dioxide and other greenhouse gases, also told reporters that for the first 10 years to 15 years of the
program, most of industry's
permits would be free.
We have launched the Unconventional Gas Technical Engagement
Program to share best practices on issues such as water management, methane
emissions, air quality,
permitting, contracting, and pricing to help increase global gas supplies and facilitate development of the associated infrastructure that brings them to market.
Revises the new source review
program to cover unit changes after 2008 and to
permit the lowest achievable
emission rate standard to take cost into account.
This rule effectively raised the thresholds for GHG
emissions that define when
permits under the PSD and Title V Operating Permit
programs are required for new and existing industrial facilities.
States can draw from a number of options, including joining or starting a cap - and - trade
program, which sets limits on
emissions, then allows for the purchase and sale of pollution
permits; boosting their share of renewable energy in electricity generation; and tightening efficiency standards on plants and energy users.
Those
programs typically put a state cap on
emissions but allow utilities to buy and sell
permits allowing them to pollute.
On Jan. 1, California is scheduled to include gasoline, diesel and propane in its three - year - old, first - in - the - nation
program that requires companies to buy carbon
permits to cover their
emissions of greenhouse gases.
On January 2, 2011, EPA's motor vehicle GHG
emission standards will go into effect, making GHGs air pollutants «subject to regulation» under the Clean Air Act's Prevention of Significant Deterioration (PSD) pre-construction
permitting program.
He wants to give out many
emission permits free to energy - intensive industries and to the local distribution companies (LDCs) that funnel electricity to users, rather than auctioning the
permits off, and he wants
permit giveaways to the industrial sector to continue throughout the whole length of the cap - and - trade
program, rather than be phased out.
RGGI is the nation's first state - level greenhouse gas cap - and - trade
program, in which power plants must buy enough state - issued
permits to cover
emissions of carbon dioxide, which an international scientific consensus blames as the cause of man - made climate change.
All other states that implement an EPA - approved air
permitting program must review their existing
permitting authority and inform EPA if their
programs do not address GHG
emissions.
In the first rule, EPA is proposing to require
permitting programs in 13 states to make changes to their implementation plans to ensure that GHG
emissions will be covered.
This
program limits carbon
emissions and allows companies that reduce their
emissions to profit by selling
emissions permits to other companies.
You have committed to a cap - and - trade
program for GHG
emissions reductions and an immediate cancellation of the Accelerated Capital Cost Allowance
program, with
permit auction and increased tax revenues slated to be re-invested in improving the environmental performance of the industry.
Climate Bill Analysis Part 20: Over-Allocation of Pollution
Permits Would Result in No
Emissions Reduction Requirement During Early Years of Climate
Program
Mr. Ketzback's CAA practice routinely involves counseling,
permitting and litigation matters relating to the New Source Review (NSR), New Source Performance Standards (NSPS), National
Emissions Standards for Hazardous Air Pollutants (NESHAPs or MACT) and other complex CAA
programs.
After evaluating the progress of this
permitting program, EPA believes that it would not be feasible from an administrative perspective to lower the thresholds and bring in smaller sources of CO2
emissions because doing so would overwhelm state
permitting authorities.