Sentences with phrase «imposed on the carbon price»

Jaccard says two things need to happen before B.C. considers joining cap and trade: more jurisdictions must be part of it, forming a critical mass to counteract California's dominance, and a «floor» must be imposed on the carbon price to ensure it never dips below the value of our carbon tax.

Not exact matches

Price: Though the policy doesn't impose a hard cap on emissions, it imposes a hard cap on the price of caPrice: Though the policy doesn't impose a hard cap on emissions, it imposes a hard cap on the price of caprice of carbon.
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.
And then there's Ottawa's plan to impose carbon pricing on all the provinces, with the rate for each tonne reaching $ 50.
In such a system, imports from countries that do not price carbon emissions would be subject to a tariff equivalent to the price imposed on the carbon content of such goods made in Canada, counting the carbon emitted to produce goods and to transport them here.
Going it alone and imposing carbon price costs on Canadian businesses, when their US direct competitors face no comparable carbon costs, puts Canadian businesses and jobs at risk.
No matter, federal jurisdiction over the environment — including the jurisdiction to impose a national price on carbon — may also be based on its taxation power, or on its residual jurisdiction over matters of «national concern» under the Peace, Order, and Good Governance (POGG) power.
Leach appears to assume that the federal government lacks the constitutional jurisdiction to impose its pan-Canadian carbon price on unwilling provinces.
Eliminating this financial risk premium makes nuclear power levelized electricity cost competitive with that of coal, and it becomes lower than that of coal when a modest price on carbon dioxide emissions is imposed,» the report says.
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.
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.
«The competitive threat to the United States is not that there is a modest price on carbon imposed in the context of cap - and - trade allowances.
Michael Le Page describes the international community implementing a global carbon pricing scheme and imposing carbon tariffs on goods produced...
Michael Le Page describes the international community implementing a global carbon pricing scheme and imposing carbon tariffs on goods produced in the US (8 April, p 22).
«We won't see a significant shift away from fossil fuels in the energy industry until an honest price is imposed on carbon - dioxide emissions.»
An effective carbon tax has already been imposed on the global public by the oil price rise, which of course increases the price of things which have to be moved around — ie.
We need to maintain that downward trend by imposing a substantial carbon tax on motor fuels, which would keep the price up and the demand down.
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.
It is designed to ensure the price on carbon imposed through the EU emissions trading scheme does not fall below a set level.
Because energy prices affect every single America, everyone has a stake in the issue of whether the government imposes additional restrictions on fossil - fuel use, including carbon pricing schemes such as those proposed by PRG.
The most straightforward form of carbon pricing is a carbon tax, which, in its simplest version, imposes a fee on every ton of carbon that enters the economy («upstream,» on fossil fuel producers and importers, as opposed to «downstream,» on fossil fuel consumers).
«We've got to get together as a community of nations and impose restraints on greenhouse gas emissions and raise carbon prices.
Ottawa is looking for ways to cajole the provinces to do more, including the possibility of imposing carbon prices on those that don't have them.
For the same targets, Canada's carbon prices to reduce emissions are higher, thereby imposing higher costs on industry.
introduced the «Managed Carbon Price Act of 2012» (MCP), a bill imposing a tax on carbon dioxide - equivalent greenhouse gas (GHG) emissions from producers of coal, oil, and natural gas, refineries, and other covered sources.
The policy approach proposed above would make clear that we are willing to impose a globally credible carbon price so that firms in Alberta see gains from the elimination of any low - value uses of carbon in our economy and can effectively capitalize on low - carbon innovation.
In the case of the damages from carbon emissions, most economists agree that the simplest way to correct for this deficiency is to impose an additional price on those emissions.
Interestingly, beyond this, despite considerable rhetoric about moving beyond debates about carbon - pricing, the report recommends that in order to avoid adding to the Federal debt, it would be necessary to impose new taxes, including increased royalties for oil and gas extraction, a tax on imported oil, a tax on electricity sales, and a «very small carbon price» (presumably from a modest carbon tax or unambitious cap - and - trade system).
One example: There is legislation that would impose a price on carbon starting at $ 42 per ton.
A revenue - neutral carbon - tax would directly raise the price of carbon - based energy, imposing the greatest cost on those firms and forms of energy that produce the most emissions.
This week we heard that Alberta Premier Alison Redford is considering increasing the price of carbon in Alberta by imposing a limit on tar - sands emissions and a $ 40 - per - tonne - tax on production above that limit.
It raises money to fund good programs, but the relatively small carbon price it imposes on a relatively narrow slice of the economy does not, in and of itself, drive many (or possibly any) carbon reductions that wouldn't have otherwise occurred.
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.
That is why economists across the political spectrum support an efficient market - based solution that would impose an economy - wide price on carbon dioxide emissions.
Putting a Price on Carbon: Ensuring Equity finds that the revenues from a carbon price can be used to address regional disparities and ensure that unfair burdens are not imposed on households that can not afford Price on Carbon: Ensuring Equity finds that the revenues from a carbon price can be used to address regional disparities and ensure that unfair burdens are not imposed on households that can not afford price can be used to address regional disparities and ensure that unfair burdens are not imposed on households that can not afford them.
«If we are successful, we will establish the right kind of multilateral framework that will impose constraint on countries and help create standards through taxation, quotas and the price of carbon,» said Lapouge.
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.
Until the governments properly price carbon pollution it is left to climate concerned citizens to try anything they can to impose pollution pricing on carbon fuels.
The primary environmental objective of a tax on carbon is to set a price that reflects the «real» costs such emissions impose — accounting for the damages that are expected to arise from global warming, including effects on agricultural productivity and human health, coastal inundation, and other changes.
British Columbia — the only North American jurisdiction to have imposed a relatively serious price on carbon to date — has already completed most of the upfront work needed to participate; all that is lacking is the political decision to move forward.
A Price on Carbon: The most effective way to spur this kind of change, the report said, would be to impose a price on greenhouse gas emissions, such as a carbonPrice on Carbon: The most effective way to spur this kind of change, the report said, would be to impose a price on greenhouse gas emissions, such as a carbonprice on greenhouse gas emissions, such as a carbon tax.
Because changes in the market away from fossil fuels will inevitably make those energy sources less expensive, carbon taxes keep their prices high, reflecting the costs imposed on society by carbon emissions.
Most policy experts agree that the cheapest and most effective way to reduce carbon emissions is to price them; that is, to make emitters cover the costs that their emissions impose on society.
In a world where some of the utilities» most profitable corporate customers — from Apple to Ikea to Mars — are investing massively in their own electricity generation capacity (and imposing carbon prices on themselves); where smart home technology promises to cut bills, even for those folks who can't be bothered in programming their thermostat; where LEDs are becoming so cheap they are a no - brainer, even for the anti-environmental crowd; where solar prices keep dropping dramatically and battery - storage innovation is just ramping up, there's good reason for investors to consider alternative options to traditionally «safe» investment in utilities.
In other words, Microsoft is imposing a carbon price on itself.
If a worldwide price on carbon is imposed, electricity prices increase, or gas prices decrease, this would make this almost carbon neutral scheme more profitable.
According to that report, 150 companies worldwide impose a price on carbon in their internal operations and investment decisions and 212 companies are directly engaging with policymakers in support of carbon pricing legislation.
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