Sentences with phrase «global emissions trading schemes»

Not exact matches

The scheme, which allows European companies to trade their emissions of carbon greenhouse gases, was designed as a cost - effective, economically liberal solution to global warming.

Warsaw (Reuters)- Governments want to launch a platform at United Nations climate talks to help set common standards and accounting rules and tie together national and regional emissions trading schemes, but developing countries and green groups warned that talk of a global carbon market is premature.

But poor nations argue that more pressing issues need to be ironed out, for example the overarching dispute between rich and poor countries over how to share efforts to cut emissions, before more market - based mechanisms are developed or the groundwork for a global trading scheme is laid.

Governments want to launch a platform at United Nations climate talks to help set common standards and accounting rules and tie together national and regional emissions trading schemes, but developing countries and green groups warned that talk of a global carbon market is premature.

Theoretically, a global trading scheme will cut emissions far more, but since it won't start until 2020, it will have a lot of catching up to do.

A truly strict global system, involving the majority of countries and imposing a tight cap on total emissions, would cut emissions more than the European trading scheme.

Objectors often claim unfair benefits are given to the worst polluters, and that trading schemes obfuscate from the real problem — the excess of greenhouse gas emissions that continue to perpetuate global warming.

Taken together, these initiatives to combat global warming now cover areas that include half the U.S. population, and state governments are already considering how to harmonize regional trading systems with each other, as well as with the European Union's emissions - trading scheme.

«My current concern with the emissions trading scheme is that a religious fervour has built up around the altar of global warming.

«At present, governments» attempts to limit greenhouse - gas emissions through carbon cap - and - trade schemes and to promote renewable and sustainable energy sources are prob ¬ ably too late to arrest the inevitable trend of global warming,» the scientists write in a paper published online in the scientific journal, Nature Climate Change, on Monday, 14 October 2012.

In the search for planet levers to address climate change, we should look for ways to significantly cut emissions that don't require grand policy solutions, such as carbon taxes or global cap - and - trade schemes, or the approval of the U.S. Congress or the United Nations.

The global carbon market will be worth $ 46 billion in 2014, up 15 % from last year, as moves by the EU will boost prices and emissions trading schemes evolve in Asia, analysts at Bloomberg New Energy Finance said in a report today.

The Government's intended emissions trading scheme, therefore, does not represent proper climate policy but rather constitutes a human global warming policy — which is an entirely different, and speculative, matter.

Objectors often claim unfair benefits are given to the worst polluters, and that trading schemes obfuscate from the real problem — the excess of greenhouse gas emissions that continue to perpetuate global warming.

The EU's ETS, the world's largest existing carbon emissions trading scheme founded in 2005, serves as a model, for better or worse, for global trading schemes being discussed now in Copenhagen.