Sentences with phrase «emissions trading system for»

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

Europol, the European Union's joint criminal intelligence agency, announced that in the last 18 months, criminals have gamed the EU's Emissions Trading System for a cool $ 7.4 billion in purloined tax revenues.

Yesterday, I spoke at a CEDA (Committee for the Economic Development of Australia) lunch on the topic «What would life be like with an emissions trading system for Australia».

Not exact matches

The pope repeated the strong call for environmental stewardship that he had made with his latest encyclical, Laudato Si, and Xi Jinping announced that China will launch a cap - and - trade system for carbon emissions in 2017.

The order gives the U.S. Environmental Protection Agency the authority to repeal and replace the Clean Power Plan, the set of rules that established goals for reducing carbon dioxide emissions from fossil - fueled electricity plants through a national trading system.

While still not included in the upcoming system, hundreds of facilities in Guangdong and Shanghai are being required to monitor and report their emissions, a move designed to prepare them for serious trading.

The system will work better if markets link up to trade internationally — greater competition for permits should add to the incentive to cut emissions.

«It is our view that the first step for Chinese ETS is to get the system right from the beginning — the trading platform; the monitoring, reporting and verification system; [emissions] inventories; getting companies informed and cooperative — and gradually shift toward more stringent caps,» says Li Shuo, a climate and energy campaigner for Greenpeace East Asia.

Energy Both John McCain and Barack Obama have called for a cap - and - trade system to cut carbon emissions, although Obama's proposed reduction (80 percent from 1990 levels by 2050) is larger than McCain's (65 percent).

A strong energy package approved last year by a key Senate panel is seen as a sweetener for passing a much more controversial cap - and - trade system to regulate the emissions of greenhouse gases.

For now, the European emissions trading system has emerged as the core of a nascent global market because it features the strongest institutions and exchanges the greatest volume of credits.

That legislation, which Klein calls «the granddaddy of all emissions trading markets,» created a cap - and - trade system for utilities to reduce the sulfur - based pollutants that cause acid rain.

Taxes give clear, long - term price signals that make it easier for firms to make intelligent investments that will cut carbon emissions, whereas the price volatility of cap - and - trade systems impedes wise planning.

Governments are seriously considering a flat tax on emissions or a cap - and - trade system that would create a de facto surcharge for emissions.

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.

Almost two decades later, in 2016, following the landmark Paris Agreement and the inclusion of aviation in the EU's emissions trading system, ICAO adopted the Carbon Offsetting and Reduction Scheme for International Aviation, or CORSIA.

Today's workshop on «Benefits Sharing and Safeguards» for policies to Reduce Emissions from Deforestation and Forest Degradation (REDD +) also included newly released recommendations for how California can bring REDD + offset credits into its statewide cap - and - trade system with environmental integrity and social equity.

To achieve these targets, the plan calls for controlling emissions from energy - intensive industries like power and steel, building a unified national carbon emissions trading market, implementing emissions reporting and verification for key industries, and establishing a green finance system, among other measures.

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The «Price» part is a price schedule for CO2 emissions, either explicitly through a tax schedule or implicitly through the cap schedule of a cap and trade system.

They argued that the trading system provides far too much leeway for dealing in «offsets,» credits earned by avoiding or preventing emissions of carbon dioxide.

If Congress acts right away to pass President Obama's Recovery package and then takes decisive action this year to institute a cap - and - trade system for CO2 emissions — as many of our states and many other countries have already done — the United States will regain its credibility and enter the Copenhagen treaty talks with a renewed authority to lead the world in shaping a fair and effective treaty.

The Kyoto Protocol, added in 1997, created a cap - and - trading system for emissions, but hasn't blunted the rising tide of greenhouse gases.

The approach is based on what can clearly be accomplished, rather than relying on indirect strategies for cutting emissions or boosting energy efficiency, including trading systems for emissions credits.

Gates hammered on points reported here for many years: that without a big, and sustained, boost in spending on basic research and development on energy frontiers, the chances of triggering an energy revolution are nil; that while the private sector and venture capital investors are vital for transforming breakthroughs into marketable products or services, they will not invest in the long - haul inquiry that's required to generate game - changing breakthroughs; that a 1 or 2 percent tax on carbon - emitting fuels could generate a large, steady stream of money for invigorating the innovation pipeline; that a declining emissions cap and credit trading system --- if it could survive America's polarized politics --- would have to raise energy costs far beyond what would be politically tenable to generate a similar scale of transformational activity.

The European Commission was preparing an appeal on Friday to wealthy countries — and to the United States in particular — to adopt carbon trading as the main system for curbing greenhouse gas emissions.

Yesterday, Senator Richard Lugar, a moderate Republican from Indiana, proposed breaking the impasse with the Lugar Practical Energy and Climate Plan, which lacks the most contentious element, an emissions cap and trading system for pollution credits.

The end came with the failure of a seven - year effort in the Senate to pass a climate bill centered on a cap - and - trade system for reducing emissions of greenhouse gases.

Ezra Klein of the Washington Post interviewed one of the group's co-founders, Michael Shellenberger, on why a cap - and - and - trade system for emissions curbs was the wrong fit for the carbon problem.

[ANDY REVKIN notes: I also encourage you, if you haven't seen it already, to read today's report by James Kanter and Jad Mouawad showing deep flaws in Europe's system for capping (and trading) emissions of greenhouse gases.

As signs grew that the Senate was in no mood to set up a trading system for curbing carbon dioxide emissions, as I noted how the climate policy debate had circled back lately to the emissions - capping plan for power plants that had been proposed in the 2000 Bush campaign for the presidency, I found myself thinking about the vacuum that's persisted where President Obama should have been on this issue (if he planned to live up to his campaign commitments).

More on Carbon Trading: Bad News for Cap and Trade Foes: Europe's Emissions Trading System WORKS Cap and Trade Won't Break the Bank: Climate Bill Would Actually Cut the Deficit

Set up a global cap and trade system for greenhouse gas emissions --- all greenhouse gas emissions from all sources.

As for caps on carbon dioxide, both Senator Barack Obama and Senator John McCain support having a cap on emissions and a trading system for permits to pollute under the descending ceiling.

My point is this: In my view, the Times should find out, and convey to the public (in one place and in organized fashion), the views of each and every Congressperson, and person running for Congress, regarding a moratorium on coal - fired power plants (until their carbon dioxide emissions can be eliminated), a carbon «cap - and - auction» or «cap - and - trade» system, or carbon tax, and related matters having to do with global warming.

«We don't really have enough time to let the system work its way out through proposed solutions like a cap and trading system 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.

China's emissions trading system may be a potential model for achieving CO2 reductions in a developing country.

Managing obligations under the emissions trading system is a challenge for many European businesses.

Unlike existing cap - and - trade program designs, a «pre-pay» system has no need for setting rules about allocating emission allowances, banking / borrowing of allowances, and the use of offsets.

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 thtrading 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 thTrading System participants, is betting the problems that have plagued the granddaddy of carbon trading programs are a thing of thtrading programs are a thing of the past.

It also calls for a strong signal on the EU level for proper functioning of the European Emissions Trading System (EU - ETS) and a new market - oriented electricity market design on the federal level and in the states.

The National Academy of Sciences specifically called for a carbon tax on fossil fuels or a cap - and - trade system for curbing greenhouse gas emissions, calling global warming an urgent threat.

The push for a cap - and - trade system has fresh momentum in neighboring Oregon, where the state Department of Environmental Quality released a study last week asserting that the program could lower emissions without raising consumers» electric bills.

California's cap - and - trade program for greenhouse gas emissions took effect in January 2013, and as the period of enforcement unfolds, both regulated entities and the California Air Resources Board (which is responsible for the implementation and management of the program) are considering how best to manage costs within the system.

Jeong spent eight years working for SK Energy co., LTD. in Seoul, where she managed a number of projects including the establishment of a greenhouse gas inventory system and South Korea's first internal greenhouse gas emission trading system, among other things.

The Commission sees the EU ETS as an important building block for the development of a global network of emission trading systems.