Sentences with phrase «emissions trading scheme in»

With airlines set to join the European Union emissions trading scheme in January 2012, talks are reportedly underway with other airlines like easyJet, RyanAir and Aer Lingus.

Operating since 2005, the European Union's cap and trade system is the largest multinational emissions trading scheme in the world.

The catalyst was the release last fall of a 54 - page economic analysis of the first mandatory carbon emissions trading scheme in America, the Regional Greenhouse Gas Initiative (RGGI).

This is why its important to get an emissions trading scheme in place, with details that can be adjusted later, rather than to argue too much about getting the short term parts of the policy exactly right.

They include a benign - looking emissions trading scheme in the electricity sector and a hybrid - ETS in other energy sectors, although in disguised form.

Massachusetts belongs to the Regional Greenhouse Gas Initiative (RGGI), the first and only mandatory carbon emissions trading scheme in America.

Some of these countries are now even challenging the emissions trading scheme in court because they claim its demands constitute a drag on economic growth.

Close examination of the Galileo Movement's arguments shows that the effort is recycling many of the same straw man arguments and distortions about the science that other groups have previously employed to scuttle a cap - and - trade bill in the U.S. Congress last year, a stricter emissions trading scheme in New Zealand three years ago and other regional and national efforts to reduce greenhouse gas emissions.

Yesterday the Herald revealed that agreement had been reached to start the scheme for three years with a fixed price on carbon - a de facto carbon tax - before it becomes an emissions trading scheme in which the market would set the price.

No Asian nation has an emission trading scheme in operation.

But this does not lead to any necessary conclusions about when Australia should embrace an emission trading scheme in the short term.»

Not exact matches

In 2008, Canada and the U.S. seemed to be moving to introduce cap - and - trade schemes that would have imposed a price for carbon emissions.

Analysts say high use of UN offsets in EU emissions trading scheme suggests industrial gas credits are being ditched before 2013 cut off point

Environment council adopts statement in support of Paris Agreement and debates reform of the EU emissions trading scheme

The emissions trading pilot projects in China can learn from the EU's mistakes in order to establish a successful countrywide scheme.

Last year scientists writing in the journal Nature Climate Change suggested cutting methane emissions by pushing up the price of meat through a tax or emissions trading scheme.

We are instead pressing ahead unilaterally with terrible policies: draining the budgets of families and businesses with excessive green taxes; picking losers by giving the most generous subsidies to the most expensive sources of low carbon energy; and recreating the volatility of the housing market with an emissions trading scheme where the supply of allowances is fixed, so fluctuations in demand lead to wild swings in the price.

A climate change bill is due shortly which will set out ministers» plans to cut emissions at home in the UK, and changes to the European emissions trading scheme (ETS) are also planned, including its expansion into the emissions - heavy aviation industry.

The report accepts minister's efforts to include aviation in the EU emissions trading scheme, where firms would be given a certain allocation of carbon credits to buy and sell on the open market, but warns this is still «years away».

The environmental audit committee's report on the EU Emissions Trading Scheme (ETS) points to underperformance in the scheme so far, concluding the «record in reducing carbon emissions is far less impressivEmissions Trading Scheme (ETS) points to underperformance in the scheme so far, concluding the «record in reducing carbon emissions is far less impressivemissions is far less impressive».

Ms Kelly said the UK was also working in the UN for the European emissions trading scheme to form the basis of international regulations.

It will see the UK pass on information about its experiences in the EU emissions trading scheme to California, which is the seventh largest economy in the world and the 12th largest emitter of carbon dioxide.

New York will end an agreement with New Jersey allowing companies to trade emission credits in order to meet pollution standards, a decision that follows accusations by federal prosecutors that the credits were part of a corruption scheme involving a Competitive Power Ventures power plant in New Jersey.

He said including aviation in the EU emissions trading scheme would be more effective.

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.

«They're playing high stakes and high risk,» said Kennedy Graham, a Green Party member of parliament in New Zealand, where an emissions trading scheme was amended in 2009 with a weaker version.

And remember: offsets may play a role in any upcoming cap - and - trade scheme to curb CO ₂ emissions.

This price, which essentially transforms the trading scheme into a tax, must be high enough so that it sends a credible signal that emitters must invest in technologies and practices that lower carbon emissions.

During the emissions trading scheme's trial period, which began in 2005 and ends later this year, confusion in the market caused prices to gyrate from almost $ 40 per ton of CO2 to about a dollar today.

«We are considering expanding the existing pilot programs into surrounding areas and link up those regional carbon markets; if that fails, the central government will then design a nationwide emissions trading scheme and allocate allowances to each region,» said Xu, the government official involved in the national carbon market buildup.

The European Commission, meanwhile, says that despite the dash for coal in Germany, the carbon trading scheme remains successful overall, with a fall in CO2 emissions in 2009 of 11 per cent across the EU compared with 2008.

The European emissions trading scheme, the largest in the world, «has reduced emissions by just 2 percent compared to the projected levels without ETS,» according to a 2010 report from the U.S. Climate Task Force.

«Gazprom's customers in Europe — in particular utilities that burn gas to generate electricity — often need to offset their emissions under a European Union pollution trading scheme or the broader Kyoto Protocol on climate change.

Executive summary In autumn 2017, the EU Member States and the European Parliament agreed on the revision of the EU Emissions Trading System (EU ETS), setting out the scheme's rules for the 2021 - 2030 period.

Analysts say high use of UN offsets in EU emissions trading scheme suggests industrial gas credits are being ditched before 2013 cut off point

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

While the headline figure of 40 % is already far below what is necessary both to tackle climate change and spur the green economy, it would actually amount to a mere 33 % reduction in reality, due to the failure to retire excess emissions allowances in the EU's emissions trading scheme.

Japan's Nationally Determined Contribution (NDC) under the United Nations Framework Convention on Climate Change is a 26 % reduction in greenhouse gas emissions by 2030 from 2013 levels.1 To achieve this, the Japanese government has set carbon targets for all sectors backed up by a national carbon tax and Tokyo emissions trading scheme.

At any rate, in my personal view, we should not prescribe exactly what needs to be done but should instead implement flexible schemes like Kyoto or the McCain - Lieberman Climate Stewardship Act that allow trading of emissions credits, credits for carbon sequestration (provided it can truly be shown to work) and so on.

And that's just in one of the GHG emissions trading schemes (granted, a big one).

The report also found that emissions trading schemes or a bunker fuel levy would be effective methods in reducing shipping emissions.

The Europe experience has proven this conclusively: their cap - and - trade schemes have resulted in zero reduction of emissions.

In a related policy forum article, Timothy Searchinger from Princeton University and a bunch of colleagues point out flaws in the ways that carbon emissions are counted for cap - and - trade schemes in both Europe and the UIn a related policy forum article, Timothy Searchinger from Princeton University and a bunch of colleagues point out flaws in the ways that carbon emissions are counted for cap - and - trade schemes in both Europe and the Uin the ways that carbon emissions are counted for cap - and - trade schemes in both Europe and the Uin both Europe and the US.

CERs can be bought and traded by participants in mandatory compliance schemes around the world to meet their emissions targets.

A group of ten Australian economists today slammed the Rudd government's proposed carbon emissions trading scheme, and called for a science - based policy to achieve 25 % -40 % cuts in emissions by 2020.

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.

When asked now, he repeats what he said on the ABC's Q&A program last year, that «emissions trading schemes have worked better in theory than in practice» and that Direct Action should be given a chance to work.

A glowing report on Canada's efforts does not mention that Canada formally withdrew from the Kyoto Protocol late last year, and a reference to South Korea's emissions trading scheme, due to start in 2015, does not say that 90 per cent of the scheme's permits will initially be issued for free.

It is rather unlikely that China's pilot carbon trading schemes will lead to an economy - wide emission cap in the near future (they might lead to sectoral national schemes first and an economy - wide cap later).

However, worried about the verifiability and permanency of carbon dioxide stored in trees, the European Union does not allow credits generated that way to be traded in its emissions trading scheme.