Sentences with phrase «from allowance auctions»

States can auction allowances and give the revenues to efficiency providers: Instead of handing over allowances to efficiency providers, states could instead pay the providers directly using revenues generated from allowance auctions.

DEC set up the regulatory requirements for the affected sources and NYSERDA handles the money from the allowance auctions.

Not exact matches

The state would raise the $ 30 million from the New York State Energy Research and Development Authority's (NYSERDA) auctioning of carbon dioxide emission allowances.

Other proposed amendments would provide for compliance with U.S. EPA's Clean Power Plan for existing power plants, allocate allowances to businesses in order to prevent emissions from escaping state borders, and streamline how emitters register and participate in auctions.

Regular auctions to sell the right to pollute, or allowances, have netted nearly $ 676 million for the states and emissions have dropped to roughly 120 million metric tons of CO2 — 34 percent below the cap for 2009, according to a report from Environment Northeast.

-- For calendar year 2017 and each year thereafter, the annual limit on the number of emission allowances from the strategic reserve account that may be auctioned is an amount equal to 10 percent of the emission allowances established for that calendar year under section 721 (a).

-- For each of calendar years 2012 through 2016, the annual limit on the number of emission allowances from the strategic reserve account that may be auctioned is an amount equal to 5 percent of the emission allowances established for that calendar year under section 721 (a).

The New York investments from the RGGI allowance auction revenues are expected to only reduce emissions 89,531 tons at an average investment rate of $ 81.5 million.

[2] In addition to the 1.7 bn surplus in the market there are a further 900m EUAs that were withheld from the auctions over 2014 - 16, and the CTI report estimates that a further 800m allowances will end up in the MSR in 2020 owing to plant closures and unused allowances in the new Entrants» Reserve.

For example, using part of the proceeds from auctioning allowances in the EU ETS could generate additional means to invest in LULUCF activities both inside and outside the EU, and may provide a model for future expansion.

It is still the case that 10 % of the rights to auction allowances will be redistributed from Member States with high per capita income to those with low per capita income in order to strengthen the financial capacity of the latter to invest in climate friendly technologies.

Taking into account their ability to pass on the increased cost of emission allowances, full auctioning is the rule from 2013 onwards for electricity generators.

Subtitle B: Disposition of Allowances -(Sec. 321) Amends the CAA to set forth provisions governing the disposition of emission allowances, including specifying allocations: (1) for supplemental emissions reductions from reduced deforestation; (2) for the benefit of electricity, natural gas, and / or home heating oil and propane consumers; (3) for auction, with proceeds for the benefit of low income consumers and worker investment; (4) to energy - intensive, trade - exposed industries; (5) for the deployment of carbon capture and sequestration technology; (6) to invest in energy efficiency and renewable energy; (7) to be distributed to Energy Innovation Hubs and advanced energy research; (8) to invest in the development and deployment of clean vehicles; (9) to domestic petroleum refineries and small business refiners; (10) for domestic and international adaptation; (11) for domestic wildlife and natural resource adaptation; and (12) for international clean technology dAllowances -(Sec. 321) Amends the CAA to set forth provisions governing the disposition of emission allowances, including specifying allocations: (1) for supplemental emissions reductions from reduced deforestation; (2) for the benefit of electricity, natural gas, and / or home heating oil and propane consumers; (3) for auction, with proceeds for the benefit of low income consumers and worker investment; (4) to energy - intensive, trade - exposed industries; (5) for the deployment of carbon capture and sequestration technology; (6) to invest in energy efficiency and renewable energy; (7) to be distributed to Energy Innovation Hubs and advanced energy research; (8) to invest in the development and deployment of clean vehicles; (9) to domestic petroleum refineries and small business refiners; (10) for domestic and international adaptation; (11) for domestic wildlife and natural resource adaptation; and (12) for international clean technology dallowances, including specifying allocations: (1) for supplemental emissions reductions from reduced deforestation; (2) for the benefit of electricity, natural gas, and / or home heating oil and propane consumers; (3) for auction, with proceeds for the benefit of low income consumers and worker investment; (4) to energy - intensive, trade - exposed industries; (5) for the deployment of carbon capture and sequestration technology; (6) to invest in energy efficiency and renewable energy; (7) to be distributed to Energy Innovation Hubs and advanced energy research; (8) to invest in the development and deployment of clean vehicles; (9) to domestic petroleum refineries and small business refiners; (10) for domestic and international adaptation; (11) for domestic wildlife and natural resource adaptation; and (12) for international clean technology deployment.

Requires the Comptroller General to report to Congress on the results of a review of programs administered by the federal government that distribute emission allowances or funds from any federal auction of allowances.

Establishes limits on the number of emission allowances from the strategic reserve account that may be auctioned for 2012 - 2016 and for 2017 and thereafter.

Emissions from power plants in New York State are down approximately 45 percent since 2005, and auction proceeds from sale of the RGGI allowances have reduced electricity expenditures and created thousands of green energy sector jobs.

-- The Administrator shall deposit all proceeds from the auction and non-auction sale of allowances under this section into the Stratospheric Ozone and Climate Protection Fund.

--(1) The Administrator shall auction pursuant to section 791 emission allowances for the benefit of workers pursuant to part 2 of subtitle B of the American Clean Energy and Security Act of 2009 in the following amounts, and shall deposit into the Climate Change Worker Adjustment Assistance Fund established pursuant to section 793, and report to the Secretary of Labor on, the proceeds from the sale of these allowances:

Decisions could be taken in Copenhagen to reduce emissions and raise money from international aviation and shipping or the auctioning of allowances.

First a government establishes an emission limitation for total emissions from the government's jurisdiction and then permits or allowances are either given away or auctioned off and in this way create a society - wide «cap.»

Similarly, if the secondary market clears below the auction price floor, we should expect companies to buy allowances on the secondary market, not from the government.

Two days after his disastrous appearance on PBS, Waxman declared that most of the money raised from auctioning allowances should go to investment in technology.

Proceeds from the auction of these allowances would be used to reduce the energy costs of consumers and assist workers affected by the new policy.

The first auction, which included allowances from only six states, raised $ 38.5 million, while the second raised $ 106.5 million.

Today European governments approved the «backloading» of auctions of 900 million European Union carbon allowances that would otherwise have taken place in 2014 - 16, into the later years of the decade, and permits are expected to be withdrawn from the market after April.

Some — for example, RGGI — auction almost all allowances from the start.

Each state is responsible for establishing its own trading program, issuing allowances, and staging auctions to distribute the allowances; regulated utilities can then use allowances from any of the 10 states to meet their CO2 limits.

Reginal Greenhouse Gas Initiative is 9 Northeast States that agreed to lower carbon dioxide emissions from the region's power plants by 2.5 % each year through an auction of emission allowances the plants buy.

This analysis calculates the size of the compliance entity allowance bank on March 16, 2018 after allowances matching emissions from the third compliance period are surrendered, allowances from the first auction in the fourth compliance period are added, and the Market Monitor Report for Auction 39 lists the share of allowances owned by compliance enauction in the fourth compliance period are added, and the Market Monitor Report for Auction 39 lists the share of allowances owned by compliance enAuction 39 lists the share of allowances owned by compliance entities.

In Mueller's words, «it would not seem too farfetched to think that in California, at least, there could be sufficient political will to earmark some share of, say, California's aviation revenue as a solidarity charge for the poorest and most vulnerable countries,» or that «California could decide to use part of the revenue from auctioning allowances for its emission trading scheme.»