Sentences with phrase «linked allowance trade»
Analysis that supported the design of Ontario's cap and trade program, for example, found that linked allowance trade reduced the cost of Ontario achieving its climate targets alone from $ 157 per tonne of carbon dioxide to just $ 20 per tonne with linked carbon trade.
http://www.corporateknights.com/ Not exact matches
«We are considering expanding the existing pilot programs into surrounding areas and link up those regional carbon markets; if that fails, the central government will then design a nationwide emissions trading scheme and allocate allowances to each region,» said Xu, the government official involved in the national carbon market buildup.
As if fulfilling that prophesy, last Friday Governor Cuomo announced that New York State will «explore the possibility» of linking RGGI with California's cap - and - trade system, envisioning a «North American market» where emissions allowances are bought and sold across the United States as well as in Canada.
If these conditions are met, a state can link with the federal trading program and units in that state can use allowances from any other state that is under the federal plan or similarly linked to it.
One simple, straightforward way states can broaden the scope of their interstate allowance trading program is to adopt EPA's model rule and link to the federal mass - based trading plan.
The evolving Kerry - Graham - Lieberman legislation has a cap - and - trade system at its heart for the electricity - generation sector, with other sectors to be phased in later (and it employs another market - based approach, a series of fuel taxes for the transportation sector linked to the market price for allowances).
This does not refer to the trade of allowances and tax credits between California, Oregon, Washington and British Columbia — what we call a «formal link.»
They include a clear commitment to increase the 40 % target in case of linking the EU's emissions trading system (EU ETS) with other carbon markets, the way land use emissions are accounted for and the threat the existing surplus of emission allowances pose on the 2030 climate target.