Sentences with phrase «emissions trading purposes»

Not exact matches

Based on Scenario A we are already about 10 % over the predicted emissions if we did nothing in spite of the fact that $ billions have been spent on Kyoto initiatives and carbon trading, so in spite of our efforts to slow down the rate of emissions because China and other rapidly developing economies are politically excluded from Kyoto; this has served no purpose in reducing CO2 emissions.

A wealth transfer scheme The primary purpose of cap - and - trade is not to reduce greenhouse gas emissions, but to transfer wealth from consumers to politically - powerful special interests.

Indeed, today we are not even considering an actual U.S. carbon tax, which is preferred by almost all academic economists for this purpose, but instead a cap - and - trade system (i.e., emissions rationing) because it is more politically palatable to hide the costs to consumers this way.

For purposes of this section, the term «cap and trade program» means a system of greenhouse gas regulation under which a State or political subdivision issues a limited number of tradable instruments in the nature of emission allowances and requires that sources within its jurisdiction surrender such tradeable instruments for each unit of greenhouse gases emitted during a compliance period.

This provision will be critical as at least 65 nations indicated that they will use carbon trading to achieve their emission reduction pledges and an additional 24 will consider the use of carbon trading for this purpose in the future.

Efforts of the Climate Action Reserve may also assist Ontario in considering various offset protocol types, including review, assessment, and adaptation of protocols, that could serve other purposes than Cap - and - Trade (offsetting emissions from governmental operation, etc.) but that would not be adopted into the linked compliance market under a regional additionality review.

176.1 (1) The Lieutenant Governor in Council may make regulations establishing programs and other measures for the use of economic and financial instruments and market - based approaches, including without being limited to emissions trading, for the purposes of maintaining or improving existing environmental standards, protecting the environment and achieving environmental quality goals in a cost effective manner.