Sentences with phrase «impose emission caps»

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.
Economics (i): Efficiency Imposing emissions caps without allowing trading through brokers would be very inefficient.
The agency will be imposing emissions caps on new and existing power plants across the country, which significantly hurts the coal industry.

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.
There targets will be achieved through government laws imposed on industries, as well as national caps for industrial emissions commonly associated with smog and acid rain.
Overly optimistic projections of future oil supply, which are much higher than the latest NEB projections and don't consider the Alberta government's cap on oil sands emissions imposed by its Climate Leadership Plan.
Any reduction in oil sands output from the levels imposed by the emissions cap will create even more surplus pipeline export capacity without the Trans Mountain project.
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.
In response to a tax on greenhouse - gas emissions imposed by the Norwegian government, each year the company now removes about 1 million tons of CO2 captured as a waste product from the natural gas it recovers and pumps more than 99 percent of it 2,600 feet beneath the seafloor into a porous sandstone formation capped by impervious rock.
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.
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?
Deep cuts in emissions will require signals that the CO2 price at $ 30 or above is here to stay and that the caps on emissions will be imposed and become ever stricter each year over decadal timeframes.
The automaker's current growth potential is capped by strict environmental regulations that impose a production limit of 10,000 cars per year based on current fleet - average emissions, reports Automotive News.
Deep cuts in emissions will require signals that the CO2 price at $ 30 or above is here to stay and that the caps on emissions will be imposed and become ever stricter each year over decadal timeframes.
Price carbon emissions through cap - and - trade legislation or by imposing a carbon tax?
3) The third point, about emissions taxes or caps imposing heavy costs for no climate benefit, presumes that such limits won't spur innovation, efficiency and a shift to lower - emitting energy sources.
[15] According to the press release, the agreement imposes caps on emissions of pollutants from 16 plants located in five states.
«Chinese chief negotiator Su Wei also said China could not impose caps on its rising emissions because it needed time to focus on economic growth, despite U.S. calls for tougher action by Beijing.»
Gollin and Dillingham are, respectively, an officer and director of organizations that are allied with NEE in promoting the very same emissions cap they are being asked to impose upon New Mexico as members of the EIB.
Exhibit A is the greenhouse gas emissions cap imposed on the Overseas Private Investment Corporation.
However, the real question is whether the U.S. government is taking a regulatory approach of any kind and imposing emissions regulations on industry — not necessarily cap and trade.
Not only was the science thoroughly vindicated, but the solutions imposed - bans on the most destructive chemicals - and «cap and trade» (very much favored by «free marketers» at the time as harnessing the power of markets) for acid emissions, proved quite effective.
In 2020 the shipping industry is facing its biggest challenge in a century as the IMO is set to impose a new 0.5 % sulfur cap on marine fuel emissions.
Such a system imposes a limit or «cap» on the total emissions for participants in the system, lowering the cap over time with the goal of meeting an overarching reduction target.
Democrats, who control Congress, aim to pass legislation in the coming months that will impose the same regulatory scheme that Lindzen opposes, a cap on CO2 emissions.
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.
Renewable electricity standards or clean energy standards would accomplish considerably less and would impose much higher costs per ton of emissions reduction than cap - and - trade would.
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.
While Steve Stoft is correct that RPS will likely not create any greenhouse gas emissions reductions beyond those imposed by a future federal cap, a federal renewable energy program will, if properly designed, create more renewable power capacity, which will have benefits beyond contributing to lowering our GHG emissions.
why impose the meaningless expense of an emissions cap upon ourselves?
Since it's ultimately all up to the big national emitters, why impose the meaningless expense of an emissions cap upon ourselves?
Why should Japan impose the meaningless expense of an emissions cap on themselves, they're only ~ 2 % of global emisssions?
Those in favor of sweeping new regulations on our economy to address the issue of global warming are demanding that Congress quickly pass a «cap - and - trade» bill on greenhouse gas emissions or face a battery of new mandates to be developed and imposed by the Environmental Protection Agency.
Why should Germany impose the meaningless expense of an emissions cap on themselves, they're only ~ 2 % of global emisssions?
It imposes annual emission caps in place of EPA's interim targets but states have the flexibility to spread emissions reductions over the 10 - year compliance period
Why should Canada impose the meaningless expense of an emissions cap on themselves, they're only ~ 2 % of global emisssions?
Why should California impose the meaningless expense of an emissions cap on themselves, they're only ~ 2 % of global emisssions?
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.
He imposed CO2 emission caps - the «toughest in the nation» - in an effort to curtail traditional energy production.
Instead, it simply imposes a cap on emissions.
While many continue to oppose caps, these companies expect the country will impose mandatory global - warming - emission constraints at some point, so they are lining up to try to shape any mandate so they escape with minimum economic pain.
Ideally, The cap should be set so that the market produces the same price signal that the tax would impose, while the tax would keep emissions at the level of what would be the cap.
If the government imposes a cap, it knows the amount of pollution, but polluters do not know what the price of emissions will be.
Mr. Coutu - whose company owns 36.7 per cent of the Syncrude oil sands project - acknowledged other sectors would have to take up the slack if the oil sands have only intensity - based requirements and Ottawa imposes a national cap on emissions.
Starting in 2012, the agency implemented a statewide cap - and - trade system that imposed a ceiling on greenhouse - gas emissions across key sectors and then distributed a fixed number of tradable pollution permits to businesses.
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