Sentences with phrase «low carbon price»

The way to do that is with border fees on imports from countries with low carbon prices.
In that context, some industrial players will probably consider securing some share of their future short positions in advance to benefit from lower carbon prices.
It may result in a limit to the number of allowances available and an end to historically low carbon prices in the next ETS trading period (2013 - 2020).
At lower carbon prices, plant developers could well conclude that it is more economical to build uncontrolled SCPC plants and then purchase credits to offset their emissions.
Thus, using MAGICC6 endogenously in GCAM would allow for slightly higher emissions and slightly lower carbon prices, while still reaching 4.5 Wm − 2.
Still, between the unexpected boom in PV, the unexpected drop in wholesale prices, the unexpectedly low carbon price, and the financial crisis, all bets are off — the board resolves to stop all new coal projects that can still be held back and not to start any new ones.
California got carbon pricing, but only by a) proceeding much farther down the country's future demographic road than the states to its north, i.e., getting way more blue, b) making massive, highly visible investments in renewable energy, and c) starting with a very low carbon price (it's still only about $ 13 a ton).
Indeed, Danish Energy Minister Martin Lidegaard said earlier this month that low carbon prices threaten the EU ETS.
Economic theory suggests that even a low carbon price, like $ 10 a tonne, will influence decisions for some consumers.
It is under fire from some environmentalists because of its relatively lax targets and low carbon prices, along with its vulnerability to fraud and abuse.
Some economists believe that we should immediately put a high price on carbom emissions, while others like Yale's William Nordhaus believe we should start with a low carbon price and gradually ramp it up.
The point that you make in the next sentence (that this will lower the carbon price) is an important one.
A low carbon price in the power sector is one thing; a higher economy - wide carbon price that covers industrial facilities and transportation fuels is quite another.
Adopting such policies could allow for emissions reductions at a lower carbon price.
Harvard economist and former Environmental Defense Fund (EDF) Chief Economist Robert Stavins claims that the low carbon prices of the ETS, and its little sister cap and trade system in the US Northeast, known as RGGI, prove not that they're failing but rather that they are working as planned.
We've already seen in Australia how rooftop solar, improved efficiency, and a low carbon price have reduced demand for grid electricity resulted in the shutdown of gigawatts of coal power and the shelving of plans for new gas capacity.
This has led to lower carbon prices and thus a weaker incentive to reduce emissions.
In the light of the delay, the exclusion of major polluting sectors of the economy, the low carbon price, the soft ride given to big polluters I don't think this qualifies as good news.
CDR may interact with existing policy incentives, such as effectively raising emission caps and lowering carbon prices.
With Poland relying on coal for more than 90 % of its electricity, a low carbon price also suits the country economically.
Earlier this year, the EU agreed to hold some of the agreed supply of carbon credits off the market in an attempt to artificially drive up the low carbon price resulting from an oversupply of the allowances.
Backloading is viewed as a short term fix to low carbon prices with larger changes required in the long run, including more ambitious climate change targets, to strengthen the bloc's climate policy well into the future.
This would ensure that consumers pay for the carbon associated with the goods they purchase, regardless of where the goods were produced, and would encourage them to seek lower - carbon substitutes, as opposed to substitutes that have lower carbon prices.
Despite the low carbon price under the EU ETS, the airline industry wishes to see the EU scheme replaced by the global offsetting measure, fittingly referred to by airlines as their «licence to grow».
Thus, in some sense the low carbon price is a problem because its a sign that these other costly programs are doing the work of the cap and trade.
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