Sentences with phrase «emissions trading mechanism»

The International Transaction Log (ITL) connects registries and secretariat systems that are involved in the emissions trading mechanism defined under the Kyoto Protocol and its Doha amendment.

Not exact matches

Certified Emissions Reduction credits (CERs) produced by the UN's Clean Development Mechanism; European Union Allowances (EUAs) produced by the European Union's Emissions Trading System (EU ETS), and Emissions Reduction Units (ERUs) produced by the UN's Joint Implementation mMechanism; European Union Allowances (EUAs) produced by the European Union's Emissions Trading System (EU ETS), and Emissions Reduction Units (ERUs) produced by the UN's Joint Implementation mechanismmechanism.

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.

But poor nations argue that more pressing issues need to be ironed out, for example the overarching dispute between rich and poor countries over how to share efforts to cut emissions, before more market - based mechanisms are developed or the groundwork for a global trading scheme is laid.

Rather than trying to monetize all emissions in emerging economies, the clean development mechanism offers a better compromise in theory because it promises to constrain trading to areas where developing countries have made actual cuts.

The numerous rules will address issues such as how countries will track and report their emissions and have them verified, all in a transparent way; how countries will be required to communicate their future emissions - reduction plans as well as their pledges for funding adaptation efforts; and if and how market mechanisms, such as emissions trading between countries, will be applied to national targets.

This number results largely from the massive EU - ETS (European Union Emissions Trading Scheme), and the similarly large CDM (Clean Development Mechanism), and will only continue grow as more countries add regulated emissions trading to their legEmissions Trading Scheme), and the similarly large CDM (Clean Development Mechanism), and will only continue grow as more countries add regulated emissions trading to their legisTrading Scheme), and the similarly large CDM (Clean Development Mechanism), and will only continue grow as more countries add regulated emissions trading to their legemissions trading to their legistrading to their legislation.

EU officials have confirmed they will move to address controversial carbon credits that «game» the Clean Development Mechanism (CDM) and undermine the effectiveness of the EU emissions trading scheme (ETS)...

It will focus, in particular, on regulatory design elements and the legal and institutional mechanisms that would be required to enable California to recognize emissions reductions from jurisdictional REDD programs as offsets under California's cap - and - trade program.

International Emissions Trading Association writes to Brussels warning that failure to clarify proposed emission trading reforms is undermining Clean Development MeTrading Association writes to Brussels warning that failure to clarify proposed emission trading reforms is undermining Clean Development Metrading reforms is undermining Clean Development Mechanism

The burgeoning carbon trade market, and it's related REDD (Reducing Emissions from Deforestation and Forest Degredation) mechanism, could very well make land more attractive as an asset for foreign investors.

His stance on climate is similar to Mr. McCain's, with both seeking legislation involving cap - and - trading mechanisms to cut greenhouse gas emissions (with slightly different targets and timing).

The trade part is just a mechanism to incentivize those who can reduce emissions faster to do so, and those who can develop low to no carbon technologies to do so.

The «emissions reductions» approach, including cap - and - trade systems and other economic incentive mechanisms as well as direct regulatory controls, will require power plants, cars, and many other GHG sources to become more «efficient» by cutting their discharges.

With other approaches to an energy and climate bill blocked — including carbon taxes or a broader cap - and - trade mechanism for controlling emissions — the only viable alternative appears to be to limit a cap to utilities, the one sector that's already familiar with smokestack rules and markets in emissions credits.

-- A pair of top - notch economists, Robert Stavins of Harvard University and Richard Schmalensee of the Massachusetts Institute of Technology, urge policy makers not to discard market - based approaches to global warming and other environmental problems because of the death of efforts to pass a climate bill centered on a cap - and - trade mechanism for cutting emissions.

We definitely need some sort of mechanism to assign a cost / price to carbon emissions, but that could be a carbon tax of some sort rather than a cap - and - trade system.

He alluded to last year's successful passage of a climate and energy bill in the House, but made no mention of the current proposal by his Democratic allies in the Senate for legislation including a cap and trading mechanism for emissions.

The European Union, home of the EU Emissions Trading System, hosts the largest number of buyers — both compliance - driven and voluntary — since even companies in unregulated sectors are more familiar with market - based mechanisms for emissions reEmissions Trading System, hosts the largest number of buyers — both compliance - driven and voluntary — since even companies in unregulated sectors are more familiar with market - based mechanisms for emissions reemissions reductions.

Refusal to ratify the Kyoto Protocol means that when the negotiators sit down next year to begin discussions of the targets, compliance mechanism and rules for emissions trading to apply in the second commitment period, Australia will not have a seat at the table.

In the course of this review, the idea of an emissions containment reserve (ECR) mechanism has been proposed to address a common issue confronting cap - and - trade programs worldwide: the prices for emissions allowances tend to be significantly lower than program designers anticipate in advance, making mid-course corrections necessary for it to perform as intended.

The trading mechanism is designed to allow reductions to be made the most cost - effectively — allowances would be sold to those willing to pay the most to not have to actually cut their emissions.

In addition, a well - functioning emission - trading system would require sophisticated monitoring, reporting, and verification (MRV) mechanisms.

The headline figure hides large national variations and several countries will not meet their national target without emissions trading, or credits purchased from certified emission reduction projects in developing countries under the UN's Clean Development Mechanism (CDM).

Emissions trading; Clean development mechanism; Joint implementation; Carbon market; Greenhouse gases; European Union; Supplementarity restrictions

We advise public policy makers at all levels with respect to the design of suitable instruments for emissions trading, incentives and funding mechanisms as well as the evaluation of their impacts.

SDM supports the implementation of the three Kyoto mechanisms - the Clean Development Mechanism (CDM), Joint Implementation (JI), and International Emissions Trading (IET), as well as the elaboration of new mechanisms under the Convention: Framework for Various Approaches (FVA), Non-Market-Based Approaches (NMA) and the New - Market - Based Mechanism (NMM).

The survey also covers expectations about future prices in the EU emissions trading scheme and credits under the Clean Development Mechanism, the Australian price floor and linking with the EU scheme, and the future of Australia's national emissions target.

However, progress is being made on the Clean Development Mechanism (CDM)-- albeit slowly — to address some of its most serious flaws, including how to deal with non-additional, «hot air» projects in the world's largest emissions trading scheme, the European Emissions Trading Scheme emissions trading scheme, the European Emissions Trading Scheme (Etrading scheme, the European Emissions Trading Scheme Emissions Trading Scheme (ETrading Scheme (EU ETS).

C40 Cities Climate Leadership Group, 12 California, 7, 68, 102, 128, 169 - 170, 187, 196, 232 - 234, 245 California Energy Commission, 232 Cambridge Media Environment Programme (CMEP), 167 - 168 Cambridge University, 102 Cameron, David, 11, 24, 218 Cameroon, 25 Campbell, Philip, 165 Canada, 22, 32, 64, 111, 115, 130, 134, 137, 156 - 157, 166, 169, 177, 211, 222, 224 - 226, 230, 236, 243 Canadian Meteorological and Oceanographic Society (CMOS), 15 Cap - and - trade, 20, 28, 40 - 41, 44, 170, 175 allowances (permits), 41 - 42, 176, 243 Capitalism, 34 - 35, 45 Capps, Lois, 135 Car (see vehicle) Carbon, 98, 130 Carbon Capture and Storage (CCS), 192 Carbon Capture and Storage Association, 164 Carbon credits (offsets), 28 - 29, 42 - 43, 45 Carbon Cycle, 80 - 82 Carbon dioxide (CO2), 9, 18, 23, 49 - 51, 53, 55, 66 - 67, 72 - 89, 91, 98 - 99, 110, 112, 115, 118, 128 - 132, 137, 139, 141 - 144, 152, 240 emissions, 12, 18 - 25, 28 - 30, 32 - 33, 36 - 38, 41 - 44, 47, 49, 53, 55, 71 - 72, 74, 77 - 78, 81 - 82, 108 - 109, 115, 132, 139, 169, 186, 199 - 201, 203 - 204, 209 - 211, 214, 217, 219, 224, 230 - 231, 238, 241, 243 - 244 Carbon Dioxide Analysis Center, 19 Carbon Expo, 42 Carbon, footprint, 3, 13, 29, 35, 41, 45, 110, 132 tax, 20, 44, 170 trading, 13, 20, 40, 43, 44, 176, 182 Carbon monoxide (CO), 120 Carbon Reduction Commitment (CRC), 44 Carlin, George, 17 Carter, Bob, 63 Carter, Jimmy, 186, 188 Cato Institute, 179 CBS, 141, 146 Center for Disease Control, 174 Center for the Study of Carbon Dioxide and Global Change, 62, 139 Centre for Policy Studies, 219 CERN (European Organization for Nuclear Research), 96 Chavez, Hugo, 34 Chicago Tribune, 146 China, 29, 32 - 33, 60 - 62, 120, 169, 176, 187 - 188, 211, 216, 225 - 226, 242 - 243 China's National Population and Planning Commission, 33 Chinese Academy of Sciences, 60 Chirac, Jacques, 36 Chlorofluorocarbons, 42 - 43, 50 Choi, Yong - Sang, 88 Christy, John, 105 Churchill, Winston, 214, 220 Chu, Steven, 187 Citibank (Citigroup), 40, 176 Clean Air Act, 85, 128 - 129 Clean Development Mechanism, 42 Climate Action Partnership, 14 Climate alarm, 4, 13, 21, 32, 35, 38, 56, 102 - 103, 115 - 117, 120, 137, 156, 168, 173, 182 Climate Audit, 66 Climate change, adaptation, 39, 110, 112 mitigation, 16, 39, 110 Climate Change and the Failure of Democracy, 34 Climate Change: Picturing the Science, 121 Climate Change Reconsidered, 242 Climate conference, 38 Cancun, 18, 29, 36 - 37, 124 - 125, 242 Copenhagen, 33, 36, 109, 125, 156, 158, 175, 241 - 242 Durban, 13, 36 - 37, 166, 242 - 243 Climategate, 2, 67, 152, 158 - 170, 180, 182, 242 Climate Protection Agreement, 12 Climate Research Unit (CRU), 48, 67, 120, 147, 152 - 153, 158 - 160, 162 - 163, 165 - 167, 169 Climate Science Register, 142 Climatism, definition, 2, 7 Clinton, Bill, 176, 178 Clinton Global Initiative, 176 CLOUD project, 96 Club of Rome, 21, 186 CO2Science, 59, 61 - 62, 66, 131 Coal, 19 - 20, 39 - 41, 80, 126, 128 - 129, 175, 185 - 186, 188 - 190, 192 - 196, 199 - 201, 209, 214, 217, 219, 222, 229 Coase, Ronald, 145 Coca - Cola, 138 Cogley, Graham, 156 Cohen, David, 220 Colorado State University, 117, 181 Columbia University, 7 Columbus, Christopher, 58 Computer models, 16, 51 - 53, 56, 67, 72, 74,77 - 79, 82, 87, 89 - 91, 94, 105, 110 - 111, 120, 124, 138 - 140, 168, 171,173, 181, 238, 240, 246 Conference on the Changing Atmosphere, 15 Consensus, scientific, 12 Copenhagen Business School, 134 Coral, 53 Corporate Average Fuel Economy, 22 - 23 Cosmic Rays, 72, 93 - 99, 180 Credit Suisse, 176 Crow, Cheryl, 30 Crowley, Tom, 167 Cuadrilla Resources, 224 - 225 Curry, Judith, 164, 167 Cycles, natural, 3, 16, 57, 62 - 63, 66 - 69, 72, 80, 99, 103, 138, 238, 240 Milankovich, 62, 67, 80 Cyprus, 134 Czech Republic, 12, 37

Instead, they demanded an unworkable framework of legally binding international emissions targets, influenced and supported by climate hawks who demanded a laser focus on increasing renewable deployment and energy efficiency, mainly through market mechanisms such as cap - and - trade and carbon taxes.

Recognizing this, the Kyoto Protocol and Marrakesh Accords, adopted by CMP 1 in Montreal, Canada, in December 2005, include a set of monitoring and compliance procedures to enforce the Protocol's rules, address any compliance problems, and avoid any error in calculating emissions data and accounting for transactions under the three Kyoto mechanisms (emissions trading, clean development mechanism and joint implementation) and activities related to land use, land use change and forestry (LULUCF).

The deal prohibits state or local pollution authorities like CARB from directly regulating carbon emissions from refineries, as it legislates the market mechanism of cap - and - trade as the sole means within the state for regulating carbon emissions from stationary sources like refineries out to 2030.

Independent analysis of the cap - and - trade program by Near Zero, a research organization at the Carnegie Institute for Science at Stanford University, shows that real emissions from the refinery sector in California are actually increasing, even as petrochemical facilities successfully comply with the legal requirements of the market - based mechanism.

«Market mechanisms like the Emissions Trading Scheme must be tightened.

Dirk Forrister, chief executive of International Emissions Trading Association (IETA), said in a press conference today, «business is ready but are in need of a UN mechanism and signals from the policymakers.»

(a) Emissions Trading (ET)- A mechanism that allows a nation with a Kyoto target to buy d allowances from a country with a Kyoto target that does need all of its allowances.

First, while a cap - and - trade system constrains the quantity of emissions, the costs of control are left uncertain (although such cost uncertainty can be limited — if not eliminated — through the use of safety valves, price collars, or related mechanisms).

• Trading provides a mechanism for making carbon emissions reductions at lowest possible cost.

[1] Friends of the Earth Europe is calling for EU Member States to toughen market mechanisms such as the Emissions Trading Scheme, cut energy waste, introduce green taxes and invest in renewable energy.

At last week's Africa Carbon Forum (ACF), delegates called for stronger emphasis on results - based climate finance for both mitigation and adaptation to climate change, and they reiterated their support for market - based mechanisms like the Clean Development Mechanism (CDM), which allows emissions - reducing projects to earn certified emissions reduction (CERs) that can be traded to meet overall national reduction goals.

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.

The key mechanisms established were emissions trading, the clean development mechanism (CDM), and joint implementation.

This legislation created a cap - and - trade mechanism, a market - based incentive to reduce carbon emissions.

It is in this context that the recent reform of the European Emissions Trading scheme (EU - ETS)-- and in particular the introduction of the new mechanism for modulating supply, known as the Market Stability Reserve (MSR)-- is so interesting: it has thrust the issue of carbon pricing back into the headlines, not least owing to the 200 % increase in EU carbon prices since May last year.

This is important because the Emissions Trading System (ETS) and the EU's «Effort Sharing» policy, which covers non-ETS sector emissions, allow up to 50 % [10] and 100 % [11] respectively of required emission cuts to be met outside the EU through the international Clean Development MEmissions Trading System (ETS) and the EU's «Effort Sharing» policy, which covers non-ETS sector emissions, allow up to 50 % [10] and 100 % [11] respectively of required emission cuts to be met outside the EU through the international Clean Development Memissions, allow up to 50 % [10] and 100 % [11] respectively of required emission cuts to be met outside the EU through the international Clean Development Mechanism.

Fichtner, W., M. Goebelt, and O. Rentz, 2001: The efficiency of international cooperation in mitigating climate change: analysis of joint implementation, the clean development mechanism and emission trading for the Federal Republic of Germany, the Russian Federation and Indonesia.

The ongoing process of the Kyoto mechanisms, such as the CDM and the emissions trading system, demand market certainty, made possible by a strong mandate to develop effective tools to mitigate GHG emissions and fund adaptation projects.

Greenhouse Gas Emissions Trading and Project - Based Mechanisms, Proceedings of OECD Global Forum on Sustainable Development: Emissions Trading, OECD, Paris.

By providing a mechanism to capture more of these low - cost emissions reduction opportunities, this innovative tool — the first - of - its - kind in emissions trading markets — could potentially get to the even deeper emissions reductions that NRDC and other groups urged the states to adopt.