Sentences with phrase «free emission permits»

The Union of Concerned Scientists estimates that California will give away $ 2 billion worth of free emissions permits by 2020.

EU industry has so far largely been protected from overseas competitors not subject to carbon pricing as it has received free emissions permits.

Not exact matches

The companies then decide individually whether it is cheaper to reduce emissions, which would free up extra permits for sale, or buy permits from others on the open market.

Those entities which subsequently can reduce their emissions easily and cheaply would be free to sell their excess permits to those who have more difficulty.

Fifth, the Rudd government has designed a scheme in which every tonne of emissions saved by households frees up an extra permit for the aluminium or steel industry to expand their pollution.

• Lifting the targets to 25 - 40 % by 2020 based on the latest scientific evidence • • Abolishing the free permits granted to the biggest polluters • • Ensuring that individual action results in lower emissions, not lower carbon prices • Unless these major flaws in the CPRS can be fixed the government should introduce a carbon tax as a matter of urgency.

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.

The Pennsylvania Democrat, who has been working on portions of the bill aimed at reducing U.S. emissions of carbon dioxide and other greenhouse gases, also told reporters that for the first 10 years to 15 years of the program, most of industry's permits would be free.

The meetings aim to gather views on rules determining if companies can continue to receive free carbon permits under the EU Emissions [continue reading...]

A tradable permit is an economic policy instrument under which rights to discharge pollution - in this case an amount of heat - trapping gas (greenhouse gas) emissions - can be exchanged through either a free or a controlled permit - market.

at # 3 If cerain big polluters have the free permits, they still have the incentive to reduce their carbon emissions so as to make money by selling the permits that they receive.

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.

All emissions permits to be sold to airlines at auction rather than given out for free; A multiplier of at least two, to be used to compensate for the additional impacts of emissions from aircraft at altitude;

He wants to give out many emission permits free to energy - intensive industries and to the local distribution companies (LDCs) that funnel electricity to users, rather than auctioning the permits off, and he wants permit giveaways to the industrial sector to continue throughout the whole length of the cap - and - trade program, rather than be phased out.

Ironically, Trump's reputed interest in freeing - up permitting of energy infrastructure (e.g., gas pipelines and drilling on public lands, if indeed it can be achieved) may have the paradoxical effect of further reducing emissions.

Cap and trade may seem like the big offer on the emission reductions table at the moment — one mention of alternatives like a straight carbon tax send many people (the average American in particular) into apoplectic fits — but Annie «The Story of Stuff» Leonard wants you to take a closer look.There are so many troubling details in how cap and trade is currently proposed — free permit giveaways to polluters, massive potential for bogus offsetting projects, the ever - present potential of distracting us from making real changes — that we really need to consider other options.

If you choose to drive a hybrid car or buy a house with a small carbon footprint, all you are doing is freeing up emissions permits for someone else, which means that you have done nothing to reduce the threat of climate change.

Emissions - intensive industries competing in international markets will get the same generous amounts of free permits as negotiated under the Rudd government's CPRS.