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 ca
Price: Though the policy doesn't
impose a hard cap
on emissions, it
imposes a hard cap
on the
price of ca
price 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 carbon
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 carbon
price 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.