Sentences with phrase «in carbon pricing schemes»

Participants in the carbon pricing scheme would have to pay 3.5 times more than they would if all countries participated and all GHG sources were included.

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.
Finally, CME noted that carbon pricing schemes need to be designed in such a way so as not to merely transfer GHG emissions out of the province (or country).
To achieve this, the federal government committed to implementing a national carbon pricing «backstop» that would apply in any province or territory that does not have a carbon pricing system in place by 2018 that is consistent with the federal scheme.
A source said even though the details of the carbon price scheme were still unknown, the campaign was in a stage of «advanced development».
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.
Yesterday the Herald revealed that agreement had been reached to start the scheme for three years with a fixed price on carbon - a de facto carbon tax - before it becomes an emissions trading scheme in which the market would set the price.
We are instead pressing ahead unilaterally with terrible policies: draining the budgets of families and businesses with excessive green taxes; picking losers by giving the most generous subsidies to the most expensive sources of low carbon energy; and recreating the volatility of the housing market with an emissions trading scheme where the supply of allowances is fixed, so fluctuations in demand lead to wild swings in the price.
But the failure of nations to craft a new global pact has caused demand for the CO2 offsets generated under the U.N.'s carbon markets to dry up, sending prices crashing and nearly bankrupting many of the companies that invested in the schemes.
This price, which essentially transforms the trading scheme into a tax, must be high enough so that it sends a credible signal that emitters must invest in technologies and practices that lower carbon emissions.
A trading scheme should be a big part of this process for the obvious reason that you need a price for carbon dioxide, given that this is an externality [uncosted in normal markets].
The move to «ax the tax» — as Prime Minister Tony Abbott is fond of saying — makes Australia the first country in the world to abolish a functioning carbon pricing scheme.
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).
The expansion of the pellets - to - carbon - credit scheme has the feel of an energy rush akin to what happened in Pennsylvania in the early days of the hydraulic fracturing boom and the destructive palm oil push that affected food prices.
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.
While the price to implement carbon sequestering farming techniques are already in line with current carbon pricing schemes (at cost around $ 10 / ton of carbon sequestered), further development could bring these prices down even further.
But the possible «changes and extensions or whatever» for a tougher scheme — and a carbon price — are buried in the deal Tony Abbott's climate minister, Greg Hunt, did with crossbench senators to pass the Direct Action legislation.
The government claims that the carbon pricing scheme has been ineffective, although CO2emissions fell by 0.8 % in the first calendar year of its operation − the largest fall in 24 years.
The survey indicates pervasive uncertainty about the future of Australia's carbon pricing scheme, but also a strong expectation that carbon pricing will be a feature of Australia's economic policy framework in the medium to long term.
The whole argument for an emissions trading scheme as opposed to cutting emissions via a carbon tax or simply by regulation is that it is cheaper - in other words electricity prices will rise by less to achieve the same level of emission reductions.
Even if these improvements are sped up by a concerted reinvestment in technology education, R&D, deployment assistance, etc. there's no way they're going to start bending the curve for 10 - 20 years.The advantage to carbon pricing schemes is that they can be brought into effect much quicker than the development / deployment cycle of advanced technology.
The decision had cross-party support in the Senate vote, passing by 39 votes to 32, with only the Labor and Green parties voting against repealing the carbon pricing scheme they introduced, and which took effect two years ago.
And of course my favorite non-BRICS, as it has a very USA - like economy in miniature (except a stable, growing economy and well - managed low - corporate - tax haven that uses direct democracy to decide tax issues) with a carbon cycle pricing scheme that could become a model for a made - in - America policy that puts revenues from carbon - emission - pricing in the pockets of the owners of the carbon cycle — the citizens, directly, British Columbia.
The price of carbon credits has also fallen, while plans to introduce national trading schemes, particularly in the US and Australia, remain uncertain.
In July, Australian Prime Minister Julia Gillard unveiled a national carbon tax on that country's 500 worst polluters, after her predecessor was turfed from office when his own carbon pricing scheme withered on the vine.
It differs from how I would do it, as does the British Columbia Revenue Neutral Carbon Tax (successful and growing in popularity for 4 years now), the Australian Pricing Mechanism, or any of the Cap & Trade schemes or various carbon taxes that return nothing to the owners of the carbon cycle.
That is helpful in explaining the challenges / futility of a sensible carbon pricing scheme.
77 percent of the 111 countries covered by RISE do not have carbon pricing and monitoring schemes in place or require mandatory reporting of greenhouse gas emissions.
I focus on the probability that carbon pricing schemes will succeed rather than debating the various estimates of the projected costs and benefits; the latter are extensively debated in the literature.
Climate Change Minister Greg Combet said emissions decreased one per cent in the six months to December 2012 — the period since the introduction of the carbon price — for the major sectors covered by the scheme — electricity, other stationary energy, fugitives, industrial process emissions and waste.
Australia's carbon price will link to European carbon prices in 2015 through the emissions trading scheme.
It is in this context that the recent reform of the European Emissions Trading scheme (EU - ETS)-- and in particular the introduction of the new mechanism for modulating supply, known as the Market Stability Reserve (MSR)-- is so interesting: it has thrust the issue of carbon pricing back into the headlines, not least owing to the 200 % increase in EU carbon prices since May last year.
Carbon pricing regulation is on the rise with China's emissions trading scheme (ETS) likely is to be most disruptive to demand patterns of commodities — Chile introduced carbon pricing this year with Canada and South Africa coming on stream in 2018.
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.
This is an argument in favour of emissions trading schemes with a price floor, or a carbon tax.
All lines except «Copenhagen» and «0.5 Copen Partic» assume the whole world implements a carbon price in unison in 2010, and the pricing scheme covers 100 % of human - caused GHG emissions.
I've been following discussions of solar energy on - and - off for quite a while, and it has always seemed as if it would be quite a long time, even assuming an emissions trading scheme or carbon tax, before solar photovoltaics could be a cost - competitive source of electricity without special support such as capital subsidies or feed - in tariffs set above market prices.
Together with massive investment in renewables and efficiency, the authors recommend a nationwide carbon pricing scheme be deployed within the coming years, which they say can be implemented without damaging growth.
The Galileo Movement's primary aim is to oppose any price on carbon dioxide emissions, or any carbon tax or carbon trading scheme in Australia.
The global carbon market will be worth $ 46 billion in 2014, up 15 % from last year, as moves by the EU will boost prices and emissions trading schemes evolve in Asia, analysts at Bloomberg New Energy Finance said in a report today.
It is worth pausing there to consider that the independent power - pricing authority is saying businesses will face even bigger rises in power bills because of the green schemes and that these rises - not those related to the carbon tax - have been the fastest - growing part of power bill rises in the past two years.
And, of the $ 316 - a-year rise in power bills in NSW because of various green schemes, levies and the carbon price, Gillard's «great big new tax» accounts for most but nowhere near all the increase.
Abbott made much of the carbon tax price rises in state budgets yet other green schemes are costing consumers just as much.
A carbon price close to $ 100 per tonne of CO2 — more than three times higher than it is today — is needed before industry will invest in the thousands of carbon - capture - and - storage (CCS) schemes needed for reducing greenhouse gas emissions, Shell warned yesterday.
This is a floor price cap scheme not strictly a carbon tax which in theory doesn't have exemptions and deductions.
Under the proposal, Australia will have a fixed - carbon price of $ 23 per tonne from July 1 2012, before moving to a cap - and - trade scheme in three years» time.
In order to provide an indication of the magnitude of this bias, the authors conducted a search of Australian newspaper articles for communications regarding the future costs of Australia's carbon pricing scheme.
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