Sentences with phrase «largest emissions trading system»

Not exact matches

China could both benefit from the lessons of earlier efforts, such as Europe's flagship carbon market — the world's largest, known as the European Union Emissions Trading System, or ETS.
Energy Both John McCain and Barack Obama have called for a cap - and - trade system to cut carbon emissions, although Obama's proposed reduction (80 percent from 1990 levels by 2050) is larger than McCain's (65 percent).
This year, China may unveil its own emissions trading system, which could be the largest carbon pricing initiative in the world.
«It'd be about four times larger in terms of the amount of CO2 emissions from the facilities that are [currently] covered, and it'd be by far the largest cap - and - trade system in the world,» said Larry Goulder, an economist at Stanford University who has organized meetings of carbon market architects in both China and California.
Gates hammered on points reported here for many years: that without a big, and sustained, boost in spending on basic research and development on energy frontiers, the chances of triggering an energy revolution are nil; that while the private sector and venture capital investors are vital for transforming breakthroughs into marketable products or services, they will not invest in the long - haul inquiry that's required to generate game - changing breakthroughs; that a 1 or 2 percent tax on carbon - emitting fuels could generate a large, steady stream of money for invigorating the innovation pipeline; that a declining emissions cap and credit trading system --- if it could survive America's polarized politics --- would have to raise energy costs far beyond what would be politically tenable to generate a similar scale of transformational activity.
The European Union, home of the EU Emissions Trading System, hosts the largest number of buyers — both compliance - driven and voluntary — since even companies in unregulated sectors are more familiar with market - based mechanisms for emissions reEmissions Trading System, hosts the largest number of buyers — both compliance - driven and voluntary — since even companies in unregulated sectors are more familiar with market - based mechanisms for emissions reemissions reductions.
This «linking» of two or more emission trading systems (ETS) creates a larger carbon market, which can provide the participating regions with more cost efficient options to reduce their emissions.
(Of course, the largest emissions trading program in the world is now the European Union Emissions Trading System (EU ETS), a greenhouse - gas, cap - and - trade system that was implemented in 2005 and whose design was influenced by the U.S. SO2 emissions trading program in the world is now the European Union Emissions Trading System (EU ETS), a greenhouse - gas, cap - and - trade system that was implemented in 2005 and whose design was influenced by the U.S. SO2 prtrading program in the world is now the European Union Emissions Trading System (EU ETS), a greenhouse - gas, cap - and - trade system that was implemented in 2005 and whose design was influenced by the U.S. SO2 Emissions Trading System (EU ETS), a greenhouse - gas, cap - and - trade system that was implemented in 2005 and whose design was influenced by the U.S. SO2 prTrading System (EU ETS), a greenhouse - gas, cap - and - trade system that was implemented in 2005 and whose design was influenced by the U.S. SO2 proSystem (EU ETS), a greenhouse - gas, cap - and - trade system that was implemented in 2005 and whose design was influenced by the U.S. SO2 prosystem that was implemented in 2005 and whose design was influenced by the U.S. SO2 program.)
The EU Emissions Trading System (ETS) for carbon dioxide (CO2) is the largest worldwide.
The EU Emissions Trading System (ETS) for carbon dioxide is the world's largest greenhouse gas trading program in scope and the most important environmental market in theTrading System (ETS) for carbon dioxide is the world's largest greenhouse gas trading program in scope and the most important environmental market in thetrading program in scope and the most important environmental market in the world.
«It'd be about four times larger in terms of the amount of CO2 emissions from the facilities that are [currently] covered, and it'd be by far the largest cap - and - trade system in the world,» said Larry Goulder, an economist at Stanford University who has organized meetings of carbon market architects in both China and California.
A large portion of emissions allowances in the EU trading system are still given away for free, and they would not be affected.
Since these conservatives have successfully blocked attempts to implement a cap and trade or other carbon pricing system, we are left with government regulation (via the EPA and its endangerment finding) as the only alternative to reduce GHG emissions from large emitters.
In fact, the E.T.S. — the largest emission - trading system in the world — has been the most visible sign of Europe's leadership in the global quest to limit greenhouse - gas emissions.
Such cheating will probably be pandemic in an emissions - trading system that involves large sums of money.
Co-authored by the IEA and China's Energy Research Institute, this paper discusses how China could use an emissions trading system (ETS) to control CO2 from its power generation sector, the single largest emitter of the country's energy - related emissions.
Emissions from static sources covered by the cap and trade system, mainly power stations and large industrial complexes, fell 2 % during 2012 the latest Union Registry figures showed.
Under the European emissions trading system (ETS), the 12,000 largest emitters of greenhouse gases must surrender emission allowances in line with their emissions to their regulators on a yearly basis.
With a cap and trade system, if you set the emissions level too low, you may get a really high price for carbon, which, unless you relax the cap, will have large negative impacts on the economy.
Operating since 2005, the European Union's cap and trade system is the largest multinational emissions trading scheme in the world.
British Airways and Air France joined a group of other airlines and the largest airport operator in Europe to propose... a cap and trade system that would limit their own emissions?
In addition to driving emission cuts in one of the world's largest economies, California's program provides critical experience in creating and managing an economy - wide cap - and - trade system.
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