Sentences with phrase «emissions trading scheme as»

Although, according to Terry Barker of the University of Cambridge, it could also lead to a collapse of the European emissions trading scheme as declining demand for electricity leads to a plummeting price for emissions credits.

The latest tactical change to drop the emissions trading scheme as the answer to climate change is threatening to break out into a wider strategic blunder, undermining Rudd's credibility and Labor's ability to capitalise on its strengths.

The whole argument for an emissions trading scheme as opposed to cutting emissions via a carbon tax or simply by regulation is that it is cheaper - in other words electricity prices will rise by less to achieve the same level of emission reductions.

Australia's leader of the opposition Tony Abbott recently derided an emission trading scheme as «so - called market in the non-delivery of an invisible substance to no one».

Not exact matches

«My aim as prime minister has always been to have an emissions trading scheme.

They call for a strengthening of the EU emissions trading scheme (ETS), including its expansion to new sectors such as aviation, a tightening of the carbon emissions allowed to each industry, and even an expansion of the scheme beyond Europe.

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.

As a result, the NRDC, the EDF, the Clean Air Task Force and other groups support both a cap - and - trade scheme to limit CO2 emissions as well as subsidies for the first CCS coal - fired power plants to be builAs a result, the NRDC, the EDF, the Clean Air Task Force and other groups support both a cap - and - trade scheme to limit CO2 emissions as well as subsidies for the first CCS coal - fired power plants to be builas well as subsidies for the first CCS coal - fired power plants to be builas subsidies for the first CCS coal - fired power plants to be built.

The scheme, which allows European companies to trade their emissions of carbon greenhouse gases, was designed as a cost - effective, economically liberal solution to global warming.

Third, governments must accept that real leverage on emissions will require a combination of market - based climate policies (such as carbon taxes and smarter trading schemes) and a set of measures to support indirect, but effective and economical pressure to cut carbon and adopt new technologies.

The emissions trading scheme will initially cover only the power sector, not heavy industry as planned, but will nonetheless become the biggest in the world

Taken together, these initiatives to combat global warming now cover areas that include half the U.S. population, and state governments are already considering how to harmonize regional trading systems with each other, as well as with the European Union's emissions - trading scheme.

Third, the Rudd scheme structures the compensation opportunities for energy - intensive, trade - exposed corporations in such a way as to provide an incentive for these corporations to expand production and emissions.

New Zealand last month chose to align climate efforts with the largest emitters such as U.S. and China by taking its pledge under the United Nations Convention Framework, after passing changes to its emissions trading scheme that critics including the Green Party said weakened its obligations.

The Australian Parliament's upper - house Senate has begun debating the Rudd Labor government's proposed Carbon Pollution Reduction Scheme Bill 2009, also known as the emissions trading scheme.

The reduction is usually associated with a policy target, such as a cap in an emissions trading scheme or a given level of stabilization of heat - trapping gas greenhouse gas) concentrations in the atmosphere.

Danger of Undermining Emissions Mitigation Efforts If politicians are led to believe that a low - cost technological fix can reduce or eliminate the need for politically difficult actions such as increasing the cost of carbon by cap and trade schemes or taxation, going against the wishes of powerful fossil energy corporations, and getting countries all around the world to agree on climate goals, it is likely to undermine their resolve to deal with the underlying cause of the problem by reducing greenhouse gas eEmissions Mitigation Efforts If politicians are led to believe that a low - cost technological fix can reduce or eliminate the need for politically difficult actions such as increasing the cost of carbon by cap and trade schemes or taxation, going against the wishes of powerful fossil energy corporations, and getting countries all around the world to agree on climate goals, it is likely to undermine their resolve to deal with the underlying cause of the problem by reducing greenhouse gas emissionsemissions.

Of special importance is the summer 2017 reauthorization of cap - and - trade, the market - based scheme for addressing greenhouse gas emissions from stationary sources such as the refinery sector in California.

The dawn of a reborn emissions trading scheme led by South Australia is not as unfeasible as Premier Jay Weatherill suggests.

In the search for planet levers to address climate change, we should look for ways to significantly cut emissions that don't require grand policy solutions, such as carbon taxes or global cap - and - trade schemes, or the approval of the U.S. Congress or the United Nations.

Liberal frontbencher Malcolm Turnbull, who lost the leadership over his support for Labor's emissions trading scheme, has previously described the Coalition's climate change policy as a «farce» and «bullshit».

The weakness of the scheme and the fact that emissions reductions achieved through voluntary action or the newly announced home insulation scheme don't attract credits have led to a revival of the debate over the merits of a carbon tax, as an alternative to emissions trading.

I watched Penny Wong on the 7:30 report defending the government's emissions trading scheme against the criticism, made here and elsewhere, that initiatives such as the government's home insulation scheme will have no effect except to reduce the price of permits and therefore the costs faced by large emitters.

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.

As both the House and the Senate grapple with proposed carbon - cutting measures — carbon taxes and «cap - and - trade» schemes for big CO2 emitters such as coal - fired power plants; increased Corporate Average Fuel Economy (CAFE) standards for cars, SUVs, and trucks; and mandatory set - asides for clean renewable energy in the mix of energy generation options — emissions from aircraft seem, at least for the time being, to have gone over the heads of most policymakers engaged in the rush to cut carbon emissionAs both the House and the Senate grapple with proposed carbon - cutting measures — carbon taxes and «cap - and - trade» schemes for big CO2 emitters such as coal - fired power plants; increased Corporate Average Fuel Economy (CAFE) standards for cars, SUVs, and trucks; and mandatory set - asides for clean renewable energy in the mix of energy generation options — emissions from aircraft seem, at least for the time being, to have gone over the heads of most policymakers engaged in the rush to cut carbon emissionas coal - fired power plants; increased Corporate Average Fuel Economy (CAFE) standards for cars, SUVs, and trucks; and mandatory set - asides for clean renewable energy in the mix of energy generation options — emissions from aircraft seem, at least for the time being, to have gone over the heads of most policymakers engaged in the rush to cut carbon emissions.

I've been following discussions of solar energy on - and - off for quite a while, and it has always seemed as if it would be quite a long time, even assuming an emissions trading scheme or carbon tax, before solar photovoltaics could be a cost - competitive source of electricity without special support such as capital subsidies or feed - in tariffs set above market prices.

EUAs are the carbon allowances that serve as the unit of compliance under the European emissions - trading scheme (EU - ETS), with each EUA entitling the energy - intensive industries covered by the scheme — mainly power generators, steel companies, cement companies, and oil refiners — to emit one tonne of CO2.

The global carbon market will be worth $ 46 billion in 2014, up 15 % from last year, as moves by the EU will boost prices and emissions trading schemes evolve in Asia, analysts at Bloomberg New Energy Finance said in a report today.

Recent North American emissions schemes such as the Regional Greenhouse Gas Initiative and the Western Climate Initiative are looking at ways of measuring and equalising the price of energy «imports» that enter their trading region [7]

In July, printer manufacturer Kyocera released a survey showing 47 percent of the United Kingdom's large companies view carbon trading as a confusing scheme that lacks any real value in pursuing carbon emission reductions.

As a result, the European Union has seen its CO2 output increase rather than decline since the emissions trading scheme came into effect.

Electric trains are covered by the EU's carbon market, and road transport must cut its emissions under a law known as the Effort Sharing Regulation that regulates sectors which are not part of the emissions trading scheme.

One way of achieving that is to allow transfer of funds through a Clean Development Mechanism, such as the one available in the European trading scheme, which allows polluters in Europe to pay for emissions abatement in places such as China if that is more cost - effective than reducing pollution themselves.

Some saw emissions trading as a scheme for polluters to buy their way out of fixing the problem.

In Mueller's words, «it would not seem too farfetched to think that in California, at least, there could be sufficient political will to earmark some share of, say, California's aviation revenue as a solidarity charge for the poorest and most vulnerable countries,» or that «California could decide to use part of the revenue from auctioning allowances for its emission trading scheme.»

Emission Trading Scheme (ETS) A scheme set up to allow the trading of emissions permits between business and / or countries as part of a cap and trade approach to limiting greenhouse gas emiTrading Scheme (ETS) A scheme set up to allow the trading of emissions permits between business and / or countries as part of a cap and trade approach to limiting greenhouse gas emitrading of emissions permits between business and / or countries as part of a cap and trade approach to limiting greenhouse gas emissions.

Here are the three trading schemes set by the Kyoto Protocol under which emission credits can be bought and sold, as explained by Reuters:

Carbon Trading Scheme to Begin 2010 As part of the proposed emissions reductions is a carbon trading scheme, scheduled to begin in 2010, which Rudd called, «one of the largest and most important structural reforms to our economy in a generation.Trading Scheme to Begin 2010 As part of the proposed emissions reductions is a carbon trading scheme, scheduled to begin in 2010, which Rudd called, «one of the largest and most important structural reforms to our economy in a generation.trading scheme, scheduled to begin in 2010, which Rudd called, «one of the largest and most important structural reforms to our economy in a generation.»

But that's not all: Nordhaus argues that not only is a carbon tax superior to an international cap - and - trade scheme, such an emission trading scheme, as currently conceived, is «both economically inefficient and ineffective.

The EU's ETS, the world's largest existing carbon emissions trading scheme founded in 2005, serves as a model, for better or worse, for global trading schemes being discussed now in Copenhagen.

In its report the IPCC emphasises the futility of subsidies for renewable energy parallel to an emissions trading system: «The addition of a CO2 reduction policy to a second policy does not necessarily lead to greater CO2 reductions,» it says in a literal translation of the IPCC's Technical Summary: «In an emissions trading scheme with a sufficiently stringent cap other measures such as subsidising renewable energy have no further influence on total CO2 emissions.»

Herdan also said Europe - wide carbon pricing for both Emissions Trading Schemes and non-ETS will be important going forward, as will creating a «true Energy Union» throughout the EU.

The other half has been offloaded to the EU Emissions Trading scheme, which acts as a kind of offshore carbon haven.

While this sounds like a sensible proposition, it plays into Abbott's strategy of framing Labor's emissions trading scheme and other carbon pricing measures as a «great big tax.»

China's pilot emissions trading schemes have ignored energy and commodity fundamentals as regulatory intervention has been the chief price driver, highlighting a major challenge to turn the national cap - and - trade programme into an effective mechanism.

As a party to the Protocol, the Australian Government are currently developing the national emissions trading scheme, the Carbon Pollution Reduction Scheme [45], which regulates the generation and trade of carbon credits.