Sentences with phrase «level of carbon tax»

Or even more difficult, what level of carbon tax is necessary to ensure that the Global Average Temperature will not increase above that already «in the pipeline»?

The net effect depends on the level of a carbon tax.

[On the level of the carbon tax, Jiang Kejun of the ERI has suggested a tax of 10 to 20 yuan (about US$ 1.50 to 3) per metric ton of carbon dioxide that gradually rises to 300 to 400 yuan per metric ton.]

By adjusting the inputs of the model — such as the amount of R&D funding and the level of a carbon tax — the researchers were able to assess what changes in those levels make sense over time.

Not exact matches

In a recently released study, Getting Energy Prices Right: From Principle to Practice, the IMF calculates what it considers to be the appropriate level of fuel taxes (a carbon tax by any other name) for 156 different countries.

Progressive Conservative leadership candidate Jason Kenney probably levelled the silliest criticism of the carbon tax when he tweeted on January 4 a photo of Tesla charging station in Fort Macleod, which was empty.

The increased corporate tax rate, the increased carbon tax (and its changed status of being no - longer - revenue - neutral), and the increases to personal income tax rates at management and professional - earning levels are all problematic for the business community.

Why trading trumps carbon taxes Cap and trade entered China's political agenda in 2009, when the government here promised a 40 to 45 percent cut in its emissions per unit of economic output by 2020 against 2005 levels.

Indeed, the model indicates that an ideal policy would feature both a high initial level of R&D subsidies, which would drop to nearly zero after 50 years, and a carbon tax that increases over a roughly 130 - year period before dropping off.

The three primary drivers were oil price, which would drive enhanced recovery efforts; carbon tax levels, which would incentivize the trapping of carbon dioxide; and how fast knowledge is gained about the technology, allowing innovations to drive down capital costs.

An analysis by the nonprofit Carbon Tax Center found that if the initial carbon price of $ 40 per ton rises by $ 5 each year beginning in 2018, it would result in a 40 percent emissions reduction from 2005 levels by 2030.

The expected permit price would, at any point in time, always equal the carbon tax associated with, on average, an equivalent level of emissions.

In my view (and I've seen energy and environment close up in every election since Pres. Nixon's rather revolutionary Environmental Message of the early 1970s == too bad there was that third rate break in to spoil his record) the tests for all the candidates will be whether they will substiture oil taxes for off - oil subsidies, carbon taxes to level the whole field, and then and only then decide where we need to push or pull a bit (like with the fuel economy standards, long over due, and boy will they take a long time to arrive in full force.)

A report published by the Environmental Law Students Association (ELSA), called for a «carbon price escalator» with S$ 5 annual increments in the tax rate, arguing that Singapore's initial price of S$ 5 is too far off from the benchmark of US$ 50 — US$ 100 per tonne of emissions recommended by World Bank's High - Level Comission on Carbon Prices report.

WASHINGTON — Even as the Trump administration dismantles climate policies at the federal level, a growing number of Democratic state governors are considering taxing or pricing carbon dioxide emissions within their own borders to tackle global warming.

An across - the - board tax on carbon fuels, either when they are mined or when they are imported, would be far simpler to administer than the proposed carbon trading scheme, and adjusting the amount of the tax to produced the desired level of greenhouse gas production would also be simpler.

If you really want to put AGW fans to the test, do what I do occasionally and ask them to consider a world where the only source of revenue is from carbon taxing (ie the maxm theoretical price effect for any given level of revenue) It really sets the hares running but inevitably they conclude it would be far too drastic for most tastes.

If it's 0.8 degC warmer in 2030 and we are 30 years away from possible catastrophe, the carbon tax should have risen to levels that eliminate the rule out the use of fossil fuels for electricity and most transportation.

The most efficient means of restructuring the energy economy to stabilize atmospheric CO2 levels is a carbon tax.

With their unequivocal endorsement of carbon taxes, Legarde and Lee add to the pressure on UN climate negotiators to end two decades of fruitless haggling over national level emissions limits and to focus explicitly on pricing carbon pollution instead.

On Monday Trade Minister Craig Emerson took his defence of the carbon tax to a new level, performing a song and dance routine.

Whereas a five cent increase in the market price of gasoline might yield a 2.2 % reduction in gasoline consumption in the short - run, a 5 cent increase to the cost of gasoline due to the carbon tax, a level approximately equal to a carbon price of $ 25 per metric ton, generates a 10.6 % short - run reduction in gasoline demand.

Sections 243.1 - 243.4 of Article 243 of the Code, specifically: rate of the tax due on emissions of certain pollutants into the atmospheric air, caused by stationary sources of pollution; rates of the tax due on stationary sources» emissions into the atmospheric air of pollutants (compounds), which are not listed in Section 243.1 of this Article and are falling within a certain substance hazard category (except for carbon dioxide), shall be applicable subject to determined approximately safe impact levels of such substances» (compounds») impact on the atmospheric air of urban settlements; and rates of tax due on emissions of carbon dioxide

If carbon emissions are causing damage, the solution is to tax them at the level of that damage.

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.

JULIA Gillard has invoked a doomsday - like scenario of metre - high sea level rises and a 2000 km southward shift of Australia's climactic zones as she battles an opposition scare campaign over her proposed carbon tax.

Applying to carbon tax this means that the tax is good, if producing CO2 is indeed at least as damaging as the level of the tax implies, but bad, if CO2 is not damaging or if the tax is much higher than the damages would make justified.

$ 5,000 consumer tax credit for purchase of new zero - carbon vehicles; near - zero PHEVs would get a percentage of that level

ExxonMobil should also be strongly urged to go beyond its tepid support for a carbon tax and use its political muscle to push for policies that will result in significant emissions reductions and safer levels of atmospheric carbon dioxide.

Introduce a carbon tax, which would account for the hidden costs of using fossil fuels, thus leveling the energy playing field in a different fashion?

In British Columbia, a carbon tax was introduced in 2008 and has gradually been ramped up to the current level of C$ 30 per tonne of CO2.

Our carbon dividend strategy has four interrelated elements that account for its strength: a gradually rising and revenue - neutral carbon tax; carbon dividend payments made equally to all Americans, to be funded using all the carbon - tax revenue; rollback of costly command - and - control regulations that were implemented because the environmental costs of carbon fuels have not been incorporated into their price; and border adjustment to ensure a level playing field and U.S. competitiveness.

The new report details a range of funding options from using 35 per cent of carbon tax revenue to 95 per cent and how this could cut fuel poverty by 75 per cent to 87 per cent depending on the level of investment.

We need to have carbon tax instead of sales, property and income taxes at the state level of taxing.

As for destruction of the economy, tell me, what should a fiscal conservative believe more harmful to the economy: obsolete technology propped up by corrupt governments, subsidies and tax gifts while a scarce private resource goes to whatever wastrel wants it for free; or, applying the Law of Supply and Demand to the scarce, capitalizable, rivalrous, excludable, marketable carbon cycle to let the democracy of Free Enterprise decide the right level of its exploitation?

This act expires if either a statewide law places a charge, tax, or cap on the level of carbon emissions within the state, or an initiative by the people places a charge, tax, or cap on greenhouse gas emissions that is broadly imposed on persons subject to the carbon tax in this act.

... Under a price approach, the natural baseline is a zero - carbon - tax level of emissions, which is a straightforward calculation for old and new countries (more on this below).

Why not tie carbon taxes to actual levels of warming?

If the SCC can be shown to be negative at current levels of abatement (and bear in mind that your excellent chart of net benefits for various abatement paths refers to benefits relative to the 2010 policy stance) then I'd be content to freeze policy at current levels but to steadily transfer all policies to a carbon tax, or at least to cost them on a common basis, ie to treat renewable subsidies as implicit carbon taxes.

The point of a carbon tax is not to determine a given level of emissions.

administer a fee on carbon emission with 100 % of dividends to citizens through payroll and tax refunds, at a level set by the Law of Supply and Demand.

That is the principle vehicle of harm of the current nationalized carbon cycle system, and so waste would be squeezed out of the system, employment levels would increase, tax levels and tax churn drop, inflationary pressure reduce, obstacles to investment reduce, and a flood of pent up innovation would be unleashed.

The Abbott Government axed the carbon tax so it is imperative that Australia now has a strong RET if we are to reduce our very high levels of greenhouse emissions.

The citizens of British Columbia are subject to a high carbon tax to avoid the dangers of sea level rise.

To cover this vast amount of ground, it discusses, at a high level, subjects ranging from observations of various parts of the climate system and climate modelling to the limits of economic assessments, the different pathways of greenhouse gas emissions considered, adaptation response strategies and methods of mitigation that include everything from from taxing greenhouse gas emissions to removing carbon dioxide directly from the atmosphere.

As for adaptation: since there's no way to distinguish effects of «AGW» from existing levels of extreme events, why not forget about a carbon tax and just call it «foreign aid»?

According to our own modeling, Rep. Larson's bill would, by its tenth year in effect, reduce U.S. use of petroleum by nearly 20 % below «business - as - usual» levels (i.e., without a carbon tax or equivalent price on carbon emissions).

A carbon tax can be set at a level that will encourage investment, as part of an ordinary budget process.

CTC drafted, convened, and on the eve of the Paris climate summit unveiled a «luminaries» letter» calling on the Paris negotiators to prioritize carbon taxes, both for their own value as the most potent national - level climate policy and as a path to a harmonized global carbon price.

To take that seriously is to support massive, immediate carbon reductions, not only at the level of theory, not only in statements and proclamations and pledges, but in the sense of preferring the lower carbon strategy in every local, city, state, or federal decision, whether it's about land, housing, transportation, infrastructure, agriculture, taxes, regulations, or lifestyle habits.