Sentences with phrase «impacts of a price on carbon»

Learn about the impacts of a price on carbon pollution on households, businesses, and the climate.

Not exact matches

And the higher the price of energy and carbon, the greater their impact on steel production costs.
While both governments remain committed to finding new markets for Canada's oil and gas, they have voiced strong support for increasing clean energy production and exports in order to reduce carbon emissions and the impact of fluctuating oil prices on Canada's economy.
The initiative follows on he heels of another report by Oxford academics, which last year found that levying a tax on animal products — pricing them to reflect more accurately their harmful impact — could reduce meat eating to the extent that 1 billion tonnes of carbon a year would be saved... and 500,000 lives.
It will focus on «the adverse impact of the carbon pricing scheme on the competitiveness of Australia's export and import - competing industries».
As well as a general message designed to reinforce negative perceptions of the scheme, the campaign will also home in on regions where the carbon price will supposedly have a greater impact.
We need to find diverse, secure sources of energy that can meet demand, keep prices stable and cut the impact of carbon on the planet.
«Maybe we can have the best of both worlds: a price on carbon to create an innovative environment for clean technology in California and keep businesses within state lines and not cause an adverse impact on consumers through radically higher prices for transportation fuels or electricity.»
Depending on how climate impacts unequally affect the rich or poor within every region, the optimal policy may involve a lenient or sharp increase in the price of carbon over the next decades (lenient when impacts are proportional to income, sharp when impacts are concentrated on the poor).
The goal of the paper I have just written is to «restart» the discussion of climate change, which, as I see it, is on the verge of disappearing from view, putting into cold storage both 1) the policy initiatives like carbon prices and regulations that could have short - term impact on wedge technologies like conventional renewables, efficiency, and CCS, and 2) commitments to the advancement of a climate - change - driven research frontier.
Economic assessments of proposed policy to put a price on carbon emissions are in widespread agreement that the net economic impact will be minor.
In a recent interview, Nordhaus - whose models project a smaller economic impact than most - said that regardless of whether the models showing larger or smaller economic impacts from climate change are correct, «We've got to get together as a community of nations and impose restraints on greenhouse gas emissions and raise carbon prices.
However, the benefits of carbon pricing outweigh its costs, and results in smaller economic impacts on lower and middle income households.
We all know that making cement is an energy - intensive process, so when carbon prices are introduced in North America it's going to have a major impact on an industry that quite literally lays at the foundation of our economy.
While reducing funding in this area is a positive move, it highlights that the carbon price, even as it currently stands, has had little impact on the viability of the worst emitters.
The impact on industry of carbon pricing paired with rebating is to significantly reduce costs.
We don't know whether what you claim are benefits of «cheap» fossil fuels can really be attributed to their low cost or not, as we can't go back and check on every case as its price impacts work their way through the economy, nor can we speculate about foregone benefits, or whether the benefits are due to the artificially reduced price of burning carbon or whether people would enjoy them (or even greater benefits) in a fair market, except by examining by Capitalist analysis.
The letter emphasizes, «Effective disclosure of the market risks from climate change would focus on how low - carbon scenarios would impact commodity demand and price and include the knock - on effects of those shifts on future capital expenditure plans, liquidity and reserves valuations, if any.»
In Ontario, analysis supporting the cap and trade program found that the average cost impact on the large trade - exposed emitters in 2020, with a $ 20 carbon price, was a reduction in profits of approximately 1.5 per cent or equal to 0.12 per cent of sales.
The impact on petrol prices is even less dramatic: 50 per cent carbon capture, which we might reach by the 2040s, might add 10p to the cost of a litre of petrol.
While some versions of the carbon - pricing plan were found to be more efficient overall in terms of their impact on the economy, the study found that those impacts are actually quite modest — even without taking into account potential advantages such as better health due to lowered pollution levels.
This revealed approval of the controversial Keystone XL (KXL) pipeline would only have a marginal positive impact of the economics of the Canadian oil - sands industry, but could trigger a rush of investment into additional risky high - cost, high - carbon projects, dependent on rising oil prices.
The gap of 0.2 ppts should represent the bulk of the carbon tax impact on consumer prices.
The Intergovernmental Panel on Climate Change estimates an impact of 4.0 gigatons of carbon dioxide - equivalent per year by 2030 from afforestation, given a carbon dioxide price of US$ 100 per ton (Metz, 2007).
Fourth, although carbon pricing is not sufficient on its own (because of other market failures that reduce the impact of price signals — more about this below), it is a necessary component of a sensible climate policy, because of factors 1 through 3, above.
The federal Liberals are under fire from both the left and the right after refusing to disclose the economic impact of their carbon pricing plan on average Canadians.
Impacts of a climate policy on coal use will depend upon the type of climate policy employed, the stringency of the policy, the future price of natural gas, the future cost and penetration of nuclear and renewable technologies, and the cost of coal - fired generation with carbon capture and storage technologies.
Renowned economics professor Robert Pindyck of Massachusetts Institute of Technology has recently canvassed the value of so - called «integrated assessment models», which attempt to calculate the optimal social price for emitting a tonne of carbon given its ultimate impact on the climate and the economy.
But as long as the rich nations — and their big polluters — dictate the terms of the Paris accord, maintain unhealthy fossil fuel subsidies and refuse to establish a long - term market for renewable energy that includes putting a price on carbon emissions, a world that protects more vulnerable nations, humans, animals and plants from the impacts of climate change will remain a dream.
Looking forward, things to watch include: the impact of economic recovery on commodity prices and agricultural expansion for food and biofuels production; large - scale land acquisition by foreign nations and corporations in tropical countries; climate negotiations and the REDD mechanism, including controversies over land rights, «offsetting», forest definitions, and sustainable forest management; the emergence of payments for ecosystem services beyond REDD; the cap - and - trade versus carbon tax schemes; efforts to address the demand side of deforestation — notably consumption; emerging certification systems for agricultural and forestry products (i.e. RSPO, Aliança da Terra, FSC, etc); and Brazil's progress in meeting its deforestation reduction targets.
Current and envisaged carbon dioxide permit prices of less than 50 Euros per tonne will have little impact on the demand for flights - and hence will barely affect the rapid growth in aviation emissions.
«The basic idea is that we have to establish a price level for carbon in China, and I think that is the right step to take,» said Yang, adding: «I think the enormous local impacts of China's energy mix and dependence on coal is becoming a huge push for China to take even stronger climate mitigation action.»
Another agricultural strategy — raising bioenergy crops and capturing the carbon dioxide from their combustion when they're burned — led to a dust - up between climate campaigners at the UN talks in Bonn last week because of disagreement over the likely impacts on farming and food prices.
If, on the other hand, the tax provides «carbon dividends» to offset the impact of higher energy prices on poor households, it will create a new class of welfare dependents.
But despite the major impacts of the federal coal leasing program on the price of coal and carbon pollution, it has been largely administered by state BLM offices, with minimal oversight from the Interior Department, much less the White House.
Last time I paid attention to Opposition climate spokesman Greg Hunt, he was talking to the Oz, making absurdly inflated claims about the impact of a carbon price [1] on household electricity bills.
To prevent the worst impacts of climate change, Washington voters and legislators in recent years have considered — but not approved — binding carbon pollution limits and a price on carbon pollution.
These equity concerns include: the regressive impact of potential energy price increases on low - income households; the potential for carbon pricing policies to allow some fossil fuel - fired power plants or refineries to continue to operate and emit air and water pollutants in neighborhoods already burdened by pollution; and the economic hardship to workers and communities dependent on fossil fuel industries for livelihoods or for their tax base as we transition away from these resources.
The aim is to put a price on carbon emissions — an actual monetary value — so that the costs of climate impacts and the opportunities for low - carbon energy options are better reflected in our production and consumption choices.
But in response to a recent e360 article by the co-founders of the Breakthrough Institute, an economist argues we must also cap emissions or put a price on carbon in order to avoid the worst impacts of climate change.
He will be researching the competitiveness impacts of carbon pricing and determining the impact of deliberative dialogues on Canada's energy future.
New York State energy planning based on the Reforming the Energy Vision goal to change the energy system of New York to reduce greenhouse gas (GHG) emissions 80 % from 1990 levels by 2050 is trying to choose between many expensive policy options like pricing carbon in the electric sector while at the same time attempting to understand which one (or what mix) will be the least expensive and have the fewest negative impacts on the existing system.
As Ron Dembo wrote in TreeHugger, «Over time, the cost of carbon will rise and will be factored into all the products and services we consume, and this will begin to have greater impact on our behaviour as the price differential between our old habits and a new greener lifestyle increases.»
The basic rationale of this policy to price carbon to offset the cost of its impacts hinges on the Social Cost of Carbon value used.
-LSB-...] In our central scenario, taking into account the impact of measures already announced by governments to improve energy efficiency, support renewables, reduce fossil - fuel subsidies and, in some cases, to put a price on carbon, energy - related CO2 emissions still rise by 20 % to 2035.
a b c d e f g h i j k l m n o p q r s t u v w x y z