Sentences with phrase «into carbon pricing schemes»

Not exact matches

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.
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.
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.
While this sounds like a sensible proposition, it plays into Abbott's strategy of framing Labor's emissions trading scheme and other carbon pricing measures as a «great big tax.»
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