Sentences with phrase «for global carbon pricing»

More recently a new negotiations argument has gained prominence, and may will be the most decisive argument for global carbon pricing.

Earlier this month, investors handling trillions of dollars a year called on governments to establish a stable system for global carbon pricing.

Recent calls from the European oil and gas industry for a global carbon price show the industry is under pressure to demonstrate its role in a low carbon future.

Not exact matches

Through the following op - ed in Thursdayâ $ ™ s Toronto Star, the United Steelworkersâ $ ™ Canadian Director makes the case for a carbon tariff. It is now widely accepted that the struggle against global warming will involve placing a price on carbon emissions.

Assuming a global system that would put a price on carbon emissions, the scientists then calculated the value of carbon credits awarded to homeowners and businesses for making their roofs and streets lighter.

But the failure of nations to craft a new global pact has caused demand for the CO2 offsets generated under the U.N.'s carbon markets to dry up, sending prices crashing and nearly bankrupting many of the companies that invested in the schemes.

It took a decade for those seeking a rising price on carbon dioxide emissions as a means to transform American and global energy norms to realize that a price sufficient to drive the change was a political impossibility.

Put another way, one can not expect a completely unregulated free marketplace to help responsibly address the global warming problem unless there is a «price» assigned to emitting carbon dioxide into the atmosphere, by way of (for example) a carbon «cap - and - auction» system or carbon tax: A small detail of basic economics, apparently forgotten in ExxonMobil's massive public campaign.

The Climate Reality Project and its founder and chairman, former US Vice President Al Gore, have long worked to build support for implementing carbon pricing mechanisms on a global scale.

That's why, the ministry says, the federal government agreed with the 2011 Energy Package to introduce compensatory arrangements for businesses competing at a global level, including measures to offset increases in the price of power stemming from the EU's carbon emissions trade, and a cap on their renewables allocation charge.

Equally importantly, even though the COAG reforms coincided with the emergence of global concerns about climate change, the reform process took no account of the possibility of carbon pricing, and made no provision for renewable energy.

So far, the efforts seem to be winning the confidence of buyers: prices for offsets generated under such programs averaged $ 11 per ton of carbon dioxide equivalent (tCO2e), compared to a global average of $ 6 per ton, according to Ecosystem Marketplace's 2011 State of the Voluntary Carbon Markets report.

Comparison of the RCP4.5 to other 4.5 W / m2 stabilization scenarios in literature for a global population assumptions, b global GDP assumptions, c emissions of CO2 from all energy and industrial sources, and d price of carbon in 2005 US dollars per ton of CO2

My main point is a simple one — we need to anticipate a global price for carbon when taking decisions with long dated impact.

The decisions we take now on power production will still be with us long after a global price for carbon is finally in place.

The decisions that we are taking now on power production and building infrastructure will still be with us by the time we expect a global price for carbon to be in place.

«More than two dozen of the nation's biggest corporations, including the five major oil companies, are planning their future growth on the expectation that the government will force them to pay a price for carbon pollution as a way to control global warming.»

Estimated sectoral economic potential for global mitigation for different regions as a function of carbon price in 2030 from bottom - up studies, compared to the respective baselines assumed in the sector assessments.

Although nine (of 33) Chinese regions have run cap - and - trade programs for several years, the national plan will double the global amount of carbon pollution globally that has a price tag attached to it.

Gebald says: «Reaching 1 % of global emissions by 2025 is currently not possible without political will, without a price on carbon, for example.

This section explores possible high - level mechanics for implementing some aspects of a global - pricing treaty in order to show that there are possible solutions to the design problems presented by a global carbon price commitment.

«Oil Giants Call for Global Carbon Pollution Fees --» Six major European oil companies are asking the United Nations to help impose carbon dioxide emissions pricing in all countries... the letter was signed by representatives of the United Kingdom's BG Group and BP, Italy's Eni, the UK - Netherlands's Royal Dutch Shell, Norway's Statoil and France's Total.»»

Blue Moon Fund grant for «To support global climate change mitigation by continuing to develop an unconventional oils index to quantify and ultimately index the carbon potential of different oils, to inform policy decisions including differentiated carbon pricing, regulatory refo»

However, it is perfectly clear that a global commitment to a carbon price would be idea for achieving their stated objectives.

For instance, a market - based policy like a price on carbon might encourage consumers to buy more fuel - efficient cars, but it will fall well short of revolutionizing global energy infrastructure and technologies.

John Roome, who is the senior director for Climate Change Group of the World Bank Group, said so far 15 % of global carbon emissions has been covered by carbon pricing mechanism.

Increased demand for crops to make fuel results in higher global commodity prices that can induce farmers in other countries to plow up new ground, including sensitive, high - carbon ecosystems such as tropical forests in South America and Southeast Asia or peatland in Southeast Asia.

Yet it is highly unlikely a global carbon pricing system will be implemented because negotiators recognize the high cost for negligible benefit for participants until there is a global system with near full participation (all human - caused GHG emissions from all countries).

Last year, Exxon refused to sign a letter from other international oil giants, including Royal Dutch Shell and BP, that strongly urged the Paris climate negotiators to push for a global price on carbon.

But states often serve as laboratories of democracy, and a successful carbon tax in Massachusetts could help to broaden support for a national or even global carbon pricing system — if powerful fossil fuel companies like ExxonMobil get out of the way.

Yet it is highly unlikely a global carbon pricing system will be implemented because negotiators recognise the high cost for negligible benefit for participants until there is a global system with near full participation (all human - caused GHG emissions from all countries).

Most scenario studies collected for this assessment that are based on the idealized assumptions that all countries of the world begin mitigation immediately, there is a single global carbon price applied to well functioning markets, and key technologies are available, find that meeting a 430 480 ppm CO2eq goal by century's end would entail a reduction in the amount global consumers spend of 1 4 % in 2030, 2 6 % in 2050, and 3 11 % in 2100 relative to what would happen without mitigation.

At a global scale, van Vuuren et al. (2004) present a systematic set of results showing the effects of different time profiles for carbon prices in studies that combine the representation of inertia and induced innovation.

Both carrots and sticks — participation in a global carbon trading system, for example, or the imposition of border tax penalties based on carbon pricing — are options that could be considered in the future.

In a joint post the heads of the IMF and the World Bank have called for some form of global carbon pricing: «The transition to a cleaner future will require both government action and the right incentives for the private sector.

The current insufficiencies of the ETS have also spurred German politicians to make carbon pricing part of their electoral platform.The Free Democratic Party, for instance, calls for an expansion of the ETS to other sectors, which the party hopes would eventually lead to a global emissions trading system.

Ahead of the November 2015 Climate Change Conference in Paris, a global Carbon Pricing Panel has been convened by World Bank President Jim Yong Kim and the International Monetary Fund's Managing Director, Christine Lagarde to push for pricing of carbon emiPricing Panel has been convened by World Bank President Jim Yong Kim and the International Monetary Fund's Managing Director, Christine Lagarde to push for pricing of carbon emipricing of carbon emissions.

The response piece, «Role of Scientists» Warning in shifting policy from growth to conservation economy,» includes two key areas for action in policy and science, from introducing a Nobel Prize in Economics for incorporating the limits of the biosphere to introducing a global price on carbon.

Update 2016: NASA's Lead «Global Warming» scientist goes political: Calls for a carbon tax — NASA's «global warming» scientist in charge of keeping temperature records admits his bias: «We have to have a price on carbon because right now it's still free to put carbon dioxide into the atmosGlobal Warming» scientist goes political: Calls for a carbon tax — NASA's «global warming» scientist in charge of keeping temperature records admits his bias: «We have to have a price on carbon because right now it's still free to put carbon dioxide into the atmosglobal warming» scientist in charge of keeping temperature records admits his bias: «We have to have a price on carbon because right now it's still free to put carbon dioxide into the atmosphere.

I believe that as an economist, my advocacy, if you call it that, my advocacy of carbon price is an advocacy to my profession and also is an advocacy for the global benefit resulting from, supposed to be resulting from, climate stabilisations.

This will include: • Keeping the non-conditional target of 5 % but reducing target range, conditional on global agreement to 20 - 29 % • a phase - out of the free permits for industry by 2012 allowing a gradual growth of jobs in greener industries and a natural transition for employees without job losses; • allowing the market to set the price for carbon permits rather than setting a price ceiling; • allowing industry to gain credit for investing in activities that reduce carbon emissions outside their business interests and operations.

For these companies, setting an internal carbon price is a significant departure from business as usual, but it reflects a global trend.

The statement developed by Virginia - based organization Center for Climate and Energy Solutions (C2ES) urged for «a more balanced and durable multilateral framework guiding and strengthening national efforts to address climate change,» committing to not only reduce emissions but also establish «strong transparency to hold countries accountable,» facilitate international carbon pricing, and «decarboniz [e] the global economy.»

Stigliz feels that the 2 decade - long attempt to allocate responsibility for reducing emissions among nations is doomed; he instead urges negotiators to shift to a price - based negotiation to set a global carbon tax:

Stiglitz's plan is to set a single, global price for carbon dioxide, the most important greenhouse gas.

CTC drafted, convened, and on the eve of the Paris climate summit unveiled a «luminaries» letter» calling on the Paris negotiators to prioritize carbon taxes, both for their own value as the most potent national - level climate policy and as a path to a harmonized global carbon price.

The primary environmental objective of a tax on carbon is to set a price that reflects the «real» costs such emissions impose — accounting for the damages that are expected to arise from global warming, including effects on agricultural productivity and human health, coastal inundation, and other changes.

When New York Times columnist Tom Friedman called upon «young Americans» to «get a million people on the Washington Mall calling for a price on carbon,» another columnist, Mark Steyn, responded: «If you're 29, there has been no global warming for your entire adult life.

While there are a variety of motivations for aggressive carbon pricing, the oil companies, such as Shell, are seeking to be prepared for increasing concern in industrial countries about the effect of carbon emissions on global climate change.

Basic game theory argues that if we have any hope of encouraging other countries (e.g., China and India) to maintain or accelerate climate action, then the United States should show some willingness to price carbon near a reasonable global value for the SCC.