A carbon budget is the cumulative amount of carbon dioxide (CO2)
emissions permitted over a period of time to keep within a certain temperature threshold.
Not exact matches
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.
In most systems, the cap gets lower
over time, giving businesses a choice: slash
emissions further or buy
permits on the market from another company.
Each year the number of
permits declines, reducing
emissions over time.
As the U.S. Environmental Protection Agency (EPA) is busy girding itself for a fight
over new greenhouse gas
emissions rules, the U.S. Supreme Court heard arguments today in a case on whether lawsuits
over climate ought to be
permitted.
Its east European members have unused
emissions permits left
over from the first period of the Kyoto protocol.
Its East European members have unused
emissions permits left
over from the first period of the Kyoto protocol.
Shannon Fisk, an attorney for the National Resources Defense, which has joined EPA in the federal lawsuit against DTE
over violating the New Source Review provisions when it upgraded its Unit 2, pointed out the MDNRE issued DTE's
permit just 8 days after the end of the public comment period regarding greenhouse gas
emissions.
With resurgent debate
over the relative merits of carbon taxes and
emissions trading, attention has turned again to Europe where the market price of
emissions permits has fallen sharply as a result of the financial crisis and recession.
The lack of a «conceivable pathway to reducing CO2 concentrations... on the timescales put forth by the Paris Agreement» is not improved by said Agreement's
permitting «developing countries» (responsible for about 65 % of global
emissions) to prioritise «economic... development and poverty eradication»
over CO2 reduction, merely encouraging them to «move
over time towards...
emission reduction or limitation targets»: https://judithcurry.com/2016/08/16/cop21-developing-countries/