Sentences with phrase «if carbon pricing»

There's been an unspoken premise in the carbon pricing discussion: If carbon pricing is the best policy, then it ought to be the headline policy.
Actually, I don't want to get into a long thread on carbon taxes (Richmond's in front of Sydney), but my main point of difference is that you assume that any carbon price is necessarily a significant burden on an economy, but what if carbon pricing is part of a broader tax reform agenda with a shift in taxes from, say, income and company taxes to carbon pricing?
Hugh Welsh, president of DSM North America, told The Washington Post that the company thinks the product could be a success if carbon pricing is in place.
The government would keep a strategic reserve of 4 billion credits, and would flood the market if the carbon price exceeded $ 30 per ton.
To make up for the missed revenue from the taxes and fire prevention fees, as well as to pay for offsets to counteract additional allowances put on the market if the carbon price hits its upper bound, money will be taken from the cap - and - trade program's revenue, effectively decreasing the amount of discretionary funds remaining for local environmental investments and other greenhouse gas reduction projects.
5 Aug: Australian: Sid Maher: Land for carbon reforestation to take big cut But if the carbon price started at $ 47 a tonne, under a more ambitious scenario, the report estimates more than 60 million tonnes of carbon could be shed through plantation forests and carbon plantings by 2021... The modelling was released as Resources Minister Martin Ferguson named three leading corporate advisory firms to help the Gillard government negotiate a billion - dollar closure of a brown - coal electricity generator as it seeks to cut carbon emissions.
If carbon prices are equalized across participating countries, there will be no need for tariffs or border tax adjustments among participants.
Imtiaz Ahmad, an executive director and carbon markets trader at Morgan Stanley in London, told me on Wednesday that the declining price of carbon probably would mean that the roll - out of emissions - cutting technologies would be slower than if the carbon price had been higher.
One answer is to make farmers liable for any re-emitted carbon, but that raises another problem: how do you convince people to sequester carbon in their soils if they might have to pay for its release a decade from now, especially if the carbon price then could be five times higher than what they receive today?

Not exact matches

This is far from clear: a proper carbon pricing policy would favour firms that are profitable enough to absorb the cost of GHG emissions, and penalise those who can only survive if emissions are not priced.
CB: Would it make it easier for you folks if Canada implemented a price on carbon, even without the Americans?
The reason why carbon pricing is not a panacea also goes all the way back to Pigou, if not earlier: Stringency matters.
Pretty well every economist you talk to will agree: If you want to reduce pollution, carbon or otherwise, the most cost - effective way to do so is with a price on the emissions of that which you seek to reduce.
First of all, anything that boosts productivity is a positive for both the oil industry and the environment — if DOE has indeed found a better recipe for upgraded heavy oil, Alberta's producers will be happy to take it up (if the economics and P.R. opportunity of using more efficient, cleaner technology weren't enough, the province's carbon price gives them a further incentive).
If lower oil prices are as bad for Canada's economy as rate - cutting Bank of Canada Governor Stephen Poloz insists, the central bank might consider assessing the risks to the economy in a world where constraining carbon emissions becomes less of an abstract notion and more of a daily reality.
If energy costs go up when there's a price on carbon... and an incentive comes in then, it actually helps people make changes.»
And if the American government had decided to pursue cap - and - trade, a price on carbon in Canada might have already been established by now.
Survey shows majority support for an effective climate plan and minimum carbon price, even if some provinces disagree OTTAWA — New public opinion research shows that two - thirds of Canadians believe it is more important to have a plan to meet Canada's climate change targets than to have all provincial and territorial premiers agree with that...
The deal she hammered out with most of the provinces late last year urges them to enact carbon pricing, but promises that even if Ottawa has to step in to impose a tax, they'll get to keep the revenues.
If a consumer is saying that their costs are going up by 4 per cent because of carbon taxes, gas prices, and so on, you have to ignore that as you do your work around trying to set an interest rate.
If asked what the federal government is doing to cut carbon pollution, most Canadians would likely point to the policy they've heard the most about: carbon pricing.
The only exit strategy, if you can call it that, for government is a strong commitment to carbon pricing or regulatory requirements for CCS.
If NERA had assumed a more productive use of revenue from the carbon price, and had not assumed a considerable slowdown in clean energy innovation (see point # 3 below), economic outcomes could improve further.
In his year - end interviews, and in the final days of the fall sitting of the House of Commons, Prime Minister Stephen Harper said it would be crazy to impose additional costs on Canada's oil and gas sector in a time of low prices if the U.S. was not enacting similar carbon emission policies.
If a price on carbon makes Alberta (or Ontario) businesses uncompetitive, it could result in local businesses closing their doors.
Major new study details how carbon prices across the bloc could double by 2021 if the EU moves to make emissions trading scheme compatible with the Paris Agreement
What if the Progressive Conservatives win the upcoming election in Ontario (or the one after that) and ultimately keep their campaign promise to repeal the provincial Liberals» cap - and - trade regime and reject a pan-Canadian carbon price?
If we put a price on those emissions of $ 50 - 200 per tonne, reflecting some recent estimates of the external costs of carbon emissions, we get a range of $ 4 - 20 billion in environmental costs just from GHG emissions.
If you price carbon, you suddenly have this highly complex system working to solve a constraint.
If a sufficiently large subsidy is combined with carbon pricing, then overall average costs for a sector need not increase.
So, if one does want to lower emissions, the choice is not between a carbon price and nothing, but between a carbon price and regulations, technology subsidies, higher - cost renewable energy, or the long list of other tools.
The IPPR says a carbon target for the energy sector will save the economy # 163m if gas prices rise in line with expectations, or # 249m if gas prices are higher than expected.
If gas was paying a carbon tax, the current price will be much higher.»
«If you really want to get the reduction people are talking about, 80 percent by 2050, it's going to take some sort of price on carbon to get there,» Thornton said.
«If you can get away with business - as - usual trends and avoid having to gain the political support for a carbon price, to some extent policymakers have been taking advantage of that.»
If one were to assume that a ton of carbon is priced at $ 10, the Southern Ocean would be trapping more than $ 10 billion worth of carbon every year, he said.
«If you choose to focus in the management plan on reducing carbon dioxide emission slightly, you'll achieve a significant environmental gain for a very small price,» says Associate Professor Petersen.
Adding a price on carbon emissions at even a «modest» level of $ 25 per ton would make new nuclear energy competitive with coal and natural gas even if the risk premium remains, the MIT study concludes.
According to the Congressional Budget Office, the average American family would pay $ 1,160 in higher prices if carbon emissions had to be cut 15 percent.
Having campaigned on a promise to reduce Canada's carbon footprint, Prime Minister Justin Trudeau today took a step toward that goal by announcing that his government will impose a pan-Canadian price on carbon, even if that means he must trample on reluctant provincial governments.
If it is replaced by other farmers boosting their yields more than they otherwise would, spurred by higher prices, you may get a benefit because higher yields absorb more carbon (but it comes at some greenhouse gas costs from fertilizer use and the like).
Many countries have applied carbon pricing at rates of a few percentage points of the consumer cost and the result is very little, if any, reduction in fuel consumption.
The conservative opposition has promised to scrap the carbon price altogether if it takes power, with opposition leader Tony Abbott dismissing the ETS as a «so - called market in the non-delivery of an invisible substance to no - one».
If there is an appropriate price point, people are going to be incented to produce carbon offsets, which will reduce carbon emissions.»
To find out if this works in practice, Price and colleagues made model comet ice in the lab containing various amounts of ammonia, carbon dioxide and methanol.
If today's European carbon prices were applied to the U.S., most utilities would not automatically install new power generation technologies, according to a study by the Electric Power Research Institute.
The California Air Resources Board (ARB) proposed amendments to the program yesterday evening that envision a carbon market through 2050 with increasing allowance prices, sending a signal to businesses that have been waiting to see if they should keep participating in the state's quarterly auctions.
Alternatively, prices fall if low - cost technologies for lessening carbon dioxide release appear, or slow economic growth weakens the industries that emit CO2.
And coal disappears from the map if you add the environmental and public health costs associated with various energy sources (the third map), including a $ 62 per metric ton price on carbon dioxide emissions.
For small amounts, the difference in price between pure sources of carbon and cookies is small; but if you scale up production, that difference becomes absolutely critical.
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