Sentences with phrase «levy on the carbon»

These goals will be achieved through a progressive carbon tax system, which place levies on carbon emissions.

So I returned to my original question: But the Harper government is open to considering a levy on carbon emissions?

Even putting a levy on carbon emissions, either through a carbon tax or carbon - emission permits, will not be sufficient.

An up - to - date coal plant costs about $ 3,000 a kilowatt, but charges levied on carbon dioxide emissions, or extra equipment to capture the gas instead, could add substantially to that.

Tax - A carbon tax is a levy on the carbon content of fossil fuels.

Not exact matches

This echoed an earlier proposal by center - right former French president Nicolas Sarkozy to levy a new border tariff on U.S. exports seeking to enter the EU in the event of a Paris withdrawal, as well as a call from the chairman of ArcelorMittal, a major global steel company, for Europe to establish a carbon border tax.

Regardless of whether the fuel source is coal, gasoline, diesel, natural gas, or propane the tax doesn't discriminate, levying a $ 30 per tonne charge on emissions from all carbon fuels.

In Alberta, the opposition party promises to repeal the carbon levy, if elected, on Day 1.

He'd also impose new business taxes, including a carbon tax and a financial transactions tax (a levy on sales of stocks and other securities).

Wildrose Party finance critic Derek Fildebrandt fell into predictable Canadian Taxpayer Federation hysteria, describing the carbon levy as «an assault on taxpayers and families.»

Recent measures such as changes to the Canada Pension Plan, the rollback of planned cuts to Employment Insurance premiums, the introduction of carbon levies and cap - and - trade programs, and significant minimum wage hikes in Ontario and Alberta have a cumulative impact on investment returns and business competitiveness.

The initiative follows on he heels of another report by Oxford academics, which last year found that levying a tax on animal products — pricing them to reflect more accurately their harmful impact — could reduce meat eating to the extent that 1 billion tonnes of carbon a year would be saved... and 500,000 lives.

The decision has one down - side that the electricity market reform will have to resolve: by dropping the CCS levy on consumers and committing to taxpayer funding, it reduces the incentive of the existing power companies to engage with CCS, and reinforces the need for a strong emissions performance standard to ensure they have clarity about the low carbon direction of the electricity market.

It has raised USD $ 5.5 to date through a carbon levy on its rooms, has banned imported bottled water, and recycles the majority of its waste.

Indeed a hefty carbon tax should be levied on Coca - cola amitil, Pepsico and other such companies..

By basing the levy on emissions rather than carbon all greenhouse gases stand on a common level, sequestration is strongly encouraged as well as such simple things as capturing methane from oil wells and garbage dumps (that gets built into the cost of disposal).

There was some bad news for Drax recently as the UK government decided that biomass subsidies would not keep climbing as the «carbon price floor» — levied on fossil fuel production (and due to rise further)-- on electricity consumption has caused a backlash from manufacturers, consumer groups and energy suppliers who are concerned that the «tax will push up prices, make the UK uncompetitive and force the premature closure of coal - fired power plants, increasing the risk of blackouts.»

Funding will come from a two per cent levy on revenues generated by the clean development mechanism, the scheme allowing industrialised nations to pay for carbon credits produced by emission - reduction projects in the developing world and credit them against their own emissions targets.

Since 2006, Boulder, CO has had a carbon tax levied on electricity consumption that acts as a funding mechanism for the city's Climate Action Plan.

carbon tax a levy exacted by a government on the use of carbon - containing fuels for the purpose of influencing human behavior (specifically economic behavior) to use less fossil fuels

And there is talk of a carbon tax levied on the U.S. for failing to meet its carbon - reducing pledges while other countries are working to achieve theirs.

More than 60 organisations from around the world are calling for a carbon levy on fossil fuel extraction to help pay for the climate change impacts on the most vulnerable countries.

The IMF wants a levy on ship and plane fuel, but that won't magically create low - carbon alternatives.

These measures include levying a price on carbon emissions, eliminating tax subsidies for fossil fuels and ending implicit subsidies, such as leasing federal lands that contain coal or oil at rates below the fair market rate.

Carbon Tax (aka Carbon Content Tax): Representative John D. Dingle (D, Michigan) proposes to tax the «Carbon Content» of certain products, levy an additional tax on gasoline and «excessive» carbon fuel usage in your «large» home.

A financial transaction tax levied on all financial market transactions involving stocks, bonds, foreign exchange and derivatives could raise hundreds of billions per year, helping to fund the just transition to low - carbon economies in developing countries while also supporting public services at home.

Whether one regulates or direct invests or levies the usage or forces a cost on dumping of effluent from the carbon fuel cycle, it all amounts to the same thing.

French lawmakers passed legislation to increase the target price of carbon to 56 euros ($ 61.48) a ton in 2020 and 100 euros a ton in 2030, The rate, now 14.50 euros a ton, climbs to 22 euros a ton in 2016 and is integrated in a levy on fossil fuels.

In essence, the carbon tariff, if enacted, would assess a levy on goods being imported into the Unites States from countries that do not enact controls on carbon emissions based on the carbon content of the good.

So the OECD will have to wind up levying a large carbon tax on their own carbon users in order to fund massive green energy projects in BRICA countries.

The Australian federal government's effort to levy a tax on carbon - dioxide emissions to battle supposed «climate change» is facing massive resistance from voters, despite a flurry of pro-carbon-tax propaganda and government - funded reports touting alleged benefits of the scheme while downplaying its harmful effects.

@ 3: The tax will not automatically fall on the consumer, because the tax is levied far «upstream» in the manufacturing / production process (at the point the carbon - based fuel is extracted or imported).

Other projects paid for by the fund, which is sustained by a levy on energy and water bills, included a $ 20,000 grant to Dungog Shire Council to put a solar heater on its swimming pool, saving one tonne of carbon dioxide.

You privatize your carbon cycle, or the USA is entitled to levy the carbon cycle price on your goods and pay it to US citizens, rather than your own.

It seems unlikely any voters paying household bills are going to accept the legalistic and hair - splitting argument that the carbon tax is not levied directly on households.

Parties were also considering how to increase funds for adaptation through the carbon market, with discussions focusing on extending the current 2 % levy on mitigation projects under the Clean Development Mechanism (CDM) to the other Kyoto mechanisms, Joint Implementation and Emissions Trading, Mr. de Boer said.

A straightforward matter such as requesting the IMO to proceed to design a levy, to put a price on carbon consistent with its own principles and that of «common but differentiated responsibilities and respective capabilities» with a rebate system has, we hear, been made unmanageable by constraints behind a discussion of a broader framework.

But the way it plans to do so is much more interesting than your typical «buy a bunch of offsets» emissions - reduction scheme — instead, the company is creating a «carbon price and charge back model» that will levy fees on each of its various internal business groups for the emissions they generate.

Because CO2 is released in strict proportion to the fuel's carbon content, the carbon tax can be levied «upstream» on the -LSB-...]

A whole good idea would be to make a payroll - tax holiday the first step in an orderly transition to scrapping the payroll tax altogether and replacing the lost revenue with a package of levies on things that, unlike jobs, we want less rather than more of — things like pollution, carbon emissions, oil imports, inefficient use of energy and natural resources, and excessive consumption.

A carbon tariff would be a tax levied on imported goods proportional to the carbon emitted in the manufacture of those goods.

Hansen describes it as a «flat, across - the - board rising fee on carbon emissions» that would be levied on fossil fuels at a domestic mine or port of entry.

A recent article titled «Government impose «carbon capture levy» to fund coal - fired power plants», discusses the UK government imposing a tax on electricity to potentially fund carbon capture and storage (CCS) development on up to four coal plants over the course of 10 — 15 years.

Those days are pretty much gone now, and as carbon «levies» and political manoeuvres on gas pricing are rapidly escalating, I am close to going out and pricing pedicabs to bring in a few extra bucks for my impending golden years.