Sentences with phrase «emissions trading system»

In addition we examine how linking affects the structure of emissions trading systems and decision - making.

This study analyses how linking emissions trading systems affects the economical aspects of climate policy at both national and international levels.

To ensure this, designers of the international emissions trading system should impose legally binding eligibility requirements on all countries before they are allowed to participate in international emissions trading.

The announcement builds on the seven regional pilot emissions trading systems that were first approved in 2011.

Moreover, the emerging international architecture features separate emissions trading systems serving distinct jurisdictions.

«A lot of people would rather do emissions trading systems, but we believe that carbon taxation would be a lot better,» she said.

In 2014, the Committee on Climate Change will also report its advice ahead of a Government review later in 2014 on whether the Fourth Carbon Budget (2023 - 2027) should be relaxed in light of a weak EU Emissions Trading System carbon price (a concern covered in the Environmental Audit Committee's 2011 report).

«It will be the largest emissions trading system in the world, even if it only covers the power sector.»

The European Environmental Markets, a new spot trading platform for European Union Emissions Trading System participants, is betting the problems that have plagued the granddaddy of carbon trading programs are a thing of the past.

Yet the cornerstone of Europe's approach — a continent - wide emissions trading system for the greenhouse gases that cause climate change — is in trouble.

Wuppertal (2004), The Introduction of Emissions Trading Systems as a Socio - Ecological Transformation Process, Wuppertal Institute for Climate, Environment and Energy.

We develop a framework to analyze the economic implications and emissions market outcomes of linking emissions trading systems with different features, including stringency, and apply it to the potential linking of the California and RGGI trading programs.

This year, China may unveil its own emissions trading system, which could be the largest carbon pricing initiative in the world.

The cap - and - trade emissions trading system (ETS) set up by the European Union issued so many free emissions allowances that the system had virtually no effect on climate.

China has already announced plans for a nation - wide emissions trading system by 2015; India plans to set emission levels for its 563 biggest polluters by 2014.

If a global emissions trading system is to be implemented, there needs to be a method of deterring free riders — countries that choose not to limit their own emissions.

It's touted as Europe's flagship climate policy: the world's first and largest emissions trading system, which has been in operation for over 10 years.

Both California and several of China's provinces launched emissions trading systems (ETS) in 2013, and they have been working together ever since.

China aims to have a nationwide carbon emissions trading system later in the decade.

These problems illuminate how emissions trading systems work in practice and should inform the next generation of climate policies.

The EU has a cap - and - trade carbon market, the $ 148 billion, eight - year - old Emissions Trading System (ETS).

Even year - to - year «emissions certainty» is vitiated in the European Emissions Trading System by provisions allowing borrowing and banking of allowances as well as by voluminous offsets.

Urge the U.S. Congress to pass the bipartisan greenhouse gas reduction legislation, which would establish a national emission trading system

Follow the reform of the EU Emissions Trading System on Twitter: #EUETS #CarbonWelfare and #ScrapETS

European officials have acknowledged that the E.U. Emissions Trading System has had a rocky start.

Ahlberg, M. et al. (2013) Linking Different Emissions Trading Systems — Current State and Future Perspectives.

The EU Emissions Trading System gives countries wriggle - room in meeting environmental targets.

The California Air Resources Board issued a preliminary design last week for the country's first comprehensive, mandatory emissions trading system for greenhouse gases

In 2015, the fixed tax will be replaced by a market - based emissions trading system, similar to that in the European Union.

Launched in 2005, the European Union's Emissions Trading System sets a limit on the combined emissions from Europe's power stations, which gradually declines each year.

This «linking» of two or more emission trading systems (ETS) creates a larger carbon market, which can provide the participating regions with more cost efficient options to reduce their emissions.

California will have the world's first economy - wide emissions trading system beginning next year, as it extends that program to include transportation fuels.

And yet various members of the Federal Government, led by the Prime Minister, have recently been attacking the Labor Party's proposed emissions trading system (ETS) as a «carbon tax».

Thus, today there's a keener appreciation that cap - and - trade regimes such as Europe's ambitious Emissions Trading System have been costly failures, with one study suggesting the E.T.S. had «limited benefits and embarrassing consequences» in terms of emissions — at an estimated cost to consumers of some $ 280 billion.

Furthermore, greater harmonisation, clarification and refinement are needed with respect to the scope of the system, the access to credits from emission - reduction projects outside the EU, the conditions for linking the EU ETS to emissions trading systems elsewhere and the monitoring, verification and reporting requirements.

With given assumptions, cost - efficiency of climate policy can be improved by linking local emissions trading systems and by switching from conventional credit - based systems to systems with «no lose» - targets, however the benefits are unevenly distributed between participants, inter alia, due to effects on competitiveness.

Jaffe, J. ja Stavins, R. (2007), IETA Report on Linking GHG Emissions Trading Systems, International Emissions Trading Association.

«A price floor could prove to be an efficient fix for the European Union's current Emissions Trading System surplus problems.»

Linkage of emissions trading systems theoretically minimizes total abatement costs by allowing fungibility of emissions reductions across jurisdictions.

In July 2015, the European Commission presented the legislative proposal for a revision of the EU emissions trading system post-2020.

The recent announcement of more stringent air pollution limits and reforms to the EU emissions trading system highlight the risk in a pro-coal strategy.

First Climate is the partner of choice for fulfilling the technical requirements of the European and Swiss emissions trading systems.

Although the central players are loathe to admit it, Kyoto's international emission trading system enables nations to buy and sell the right to pollute.