Not exact matches
In 2008, Canada and the U.S. seemed to be moving to introduce
cap - and - trade schemes that would have
imposed a price for
carbon emissions.
Price: Though the policy doesn't
impose a hard
cap on
emissions, it
imposes a hard
cap on the price of
carbon.
Last September California became the first US state to
impose a
cap on the
emission of
carbon dioxide and other gases and has since called for other states to follow suit.
Should the government
impose a price on
carbon emissions, whether it is a tax or
cap - and - trade system, CO2 - free sources, such as nuclear energy, will become even more competitive.
This scenario would change if there were a significant tax on
carbon emissions, or if an equivalent economic penalty were
imposed on fossil - fueled plants through a
cap on
carbon dioxide (CO2)
emissions or a requirement that CO2 be sequestered.
Price
carbon emissions through
cap - and - trade legislation or by
imposing a
carbon tax?
Price
carbon emissions through
cap - and - trade legislation or by
imposing a
carbon tax?
In China, the government is also getting serious — revealing more details about its pilot
emissions trading scheme, canvassing a flat
carbon tax on certain industries, and also announcing that it would
impose emission caps on certain provinces and cities, including the powerhouse economy of Guangdong, and the key commercial hubs of Beijing, Tianjin, Shanghai, Chongqing and Shenzhen, in preparation for the ETS.
Despite this, the EPA is tasked to
impose regulations on CO2
emissions that would wreck the economy by requiring a «
cap - and - trade» of «
carbon credits» that would impact every single business and industrial activity.
This act expires if either a statewide law places a charge, tax, or
cap on the level of
carbon emissions within the state, or an initiative by the people places a charge, tax, or
cap on greenhouse gas
emissions that is broadly
imposed on persons subject to the
carbon tax in this act.
75) In the United States, the
cap - and - trade is an approach designed to control
carbon emissions and will
impose huge costs upon American citizens via a
carbon tax on all goods and services produced in the United States.
Again, states have plenty of leeway on how to reduce
emissions: they can switch from coal to natural gas, expand renewables or nuclear, boost energy efficiency, enact
carbon pricing... And if states refuse to submit a plan, the EPA will
impose its own federal plan, which could involve some sort of
cap - and - trade program.
Bills to
impose a
carbon tax or create a
cap - and - trade system are dead for now, although Boxer is nonetheless touting legislation to set a price on
carbon emissions.