Sentences with phrase «lower emissions caps»

The current RGGI review process may result in lower emissions caps, but these changes are unlikely to take effect by 2020 and don't meet the Kain standard for emission reduction regulations.

«With this proposal, New York will lower the emissions cap even further and set the precedent for recognizing and taking action against climate change to support the future of communities across the globe,» said Governor Cuomo.

The Regional Greenhouse Gas Initiative is the nation's first program to use an innovative market - based mechanism to cap and cost - effectively reduce the carbon dioxide emissions that cause the climate to change, and New York State took a leadership role in adopting regulations that lowered the emissions cap.

The Regional Greenhouse Gas Initiative (RGGI) is the nation's first program to use an innovative market - based mechanism to cap and cost - effectively reduce the carbon dioxide emissions that cause the climate to change, and New York State took a leadership role in adopting regulations that lowered the emissions cap.

About the Regional Greenhouse Gas initiative (RGGI) The Regional Greenhouse Gas Initiative is the nation's first program to use an innovative market - based mechanism to cap and cost - effectively reduce the carbon dioxide emissions that cause the climate to change, and New York State took a leadership role in adopting regulations that lowered the emissions cap.

Not exact matches

But oil prices are now critically low, Alberta has capped on oil sands emissions, and industry analysts worry about a pipeline overbuild.

Ensure that the tradable emission permits under Governor Pataki's proposed regional carbon cap are auctioned rather than given away with the proceeds used to mitigate negative distributional effects on low and moderate income households and to serve other economically and socially important purposes.

In his email, Martens mentions everything from lowering the cap on greenhouse gas emissions and securing funding for long - neglected flood control structures and coastal erosion projects to banning the sale and importation of elephant and rhinoceros ivory and undertaking «one of the largest additions to the forest preserve in the state's history.»

Current debate on Capitol Hill and in many statehouses favors programs that cap emissions and lower the cap over time, using permits to ensure compliance.

Instead, with the imposition of a cap - and - trade program, O'Connor said, people looked at the sources of coal and realized they could obtain it from different parts of the country with lower sulfur, cutting emissions at less cost.

So companies in the developed world have an annual limit on the level of greenhouse gas emissions they can produce, and if they exceed their cap, they can purchase credits generated by the emission reduction projects or low - carbon technologies in developing countries.

In most systems, the cap gets lower over time, giving businesses a choice: slash emissions further or buy permits on the market from another company.

In shifting to a mandate strategy instead of an emissions cap, Obama is hoping to encourage the growth of low emissions energy technologies without specifically capping emissions.

Those that reduce emissions below the cap can sell their excess permits to those sources that fail to meet the targets — the trade part of the market — resulting in an overall reduction of pollution at the lowest economic cost, in theory.

Several bills pending in Congress would set a so - called cap - and - trade policy under which an overall limit on pollution would be set — and companies with low output could sell their allowances to those that fail to cut emissions as long as the total stays within the total pollution cap.

The European experience is that without tight caps on emissions, the carbon price remains far too low to stimulate change on the scale scientists calculate is necessary.

The new rule would cap municipal landfill emissions at a lower level than currently required.

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When our cap - and - trade policy is in place, there will be a sudden and sustained pursuit in the market for new investment opportunities in low - emission fuel sources.

There's another advantage to this approach, which is that there is far stronger public support for advancing and disseminating low - carbon energy sources than there is for restricting emissions of carbon dioxide using a rising cost through a cap.

It is nonetheless a decent example of how a system would operate, as far as the mechanics of the cap and trade are concerned — despite the relatively low impact on actual emissions regulation.

And it's underwriting the program with some of the fees collected through the state's cap and trade program and placed in the Greenhouse Gas Reduction Fund (GGRF), so the initiative is essentially turning industry emissions into low carbon energy.

They said the biggest countries should pursue ways to drive the most polluting industries toward lower emissions, but a global cap has no prospects of helping drive progress.

3) The third point, about emissions taxes or caps imposing heavy costs for no climate benefit, presumes that such limits won't spur innovation, efficiency and a shift to lower - emitting energy sources.

Last year, the nine states participating in the Regional Greenhouse Gas Initiative (RGGI) cap - and - trade program for carbon dioxide (CO2) decided to lower the program's emissions cap by 45 % starting in 2014.

But the US could pick a cap and set it low to «make itself» cut emissions.

The push for a cap - and - trade system has fresh momentum in neighboring Oregon, where the state Department of Environmental Quality released a study last week asserting that the program could lower emissions without raising consumers» electric bills.

On climate change, the bulletin scientists say it is worsening: after flattening out for some years, global greenhouse gas emissions have resumed their rise, and the levels of the polar ice caps are at new lows.

In the course of this review, the idea of an emissions containment reserve (ECR) mechanism has been proposed to address a common issue confronting cap - and - trade programs worldwide: the prices for emissions allowances tend to be significantly lower than program designers anticipate in advance, making mid-course corrections necessary for it to perform as intended.

When the cap is established the total emissions in the State have to be lowered to that level.

Linking other national or regional cap - and - trade emissions trading systems to the EU ETS can create a bigger market, potentially lowering the aggregate cost of reducing greenhouse gas emissions.

But, with acid rain, feasible solutions were already available — namely, scrubbers and low - sulfur coal — that made it relatively straightforward to cap sulfur - dioxide emissions.

Government passes climate action legislation to enable the carbon tax, cap and trade, vehicle emissions standards, renewable and low carbon fuel requirements, green community development and low - carbon energy production.

Such a system imposes a limit or «cap» on the total emissions for participants in the system, lowering the cap over time with the goal of meeting an overarching reduction target.

Leonard had long supported unsuccessful efforts to get Congress to adopt some form of carbon cap and trade initiative, where the federal government would enforce a slowly lowering cap on emissions, with some companies selling reductions beyond their cap levels to others that were likely to violate the cap.

Danger of Undermining Emissions Mitigation Efforts If politicians are led to believe that a low - cost technological fix can reduce or eliminate the need for politically difficult actions such as increasing the cost of carbon by cap and trade schemes or taxation, going against the wishes of powerful fossil energy corporations, and getting countries all around the world to agree on climate goals, it is likely to undermine their resolve to deal with the underlying cause of the problem by reducing greenhouse gas eEmissions Mitigation Efforts If politicians are led to believe that a low - cost technological fix can reduce or eliminate the need for politically difficult actions such as increasing the cost of carbon by cap and trade schemes or taxation, going against the wishes of powerful fossil energy corporations, and getting countries all around the world to agree on climate goals, it is likely to undermine their resolve to deal with the underlying cause of the problem by reducing greenhouse gas emissionsemissions.

But, expanding California's cap - and - trade program to enable polluters to buy REDD credits also harms Californians — overwhelmingly low - income communities and communities of color — those who live near the refineries, power plants, oil and gas extraction sites and other high - emission industries that are the main cause of local and global climate disruption

• Cap and trade regimes keep high - cost emitters in the political game because they can reduce their emissions at low cost and thereby help minimize political opposition for climate change legislation.

In the Senate, we are working to design a regulatory framework in the form of a cap - and - trade system that will recognize the real costs of continued emission of greenhouse gases and shift development toward low - carbon energy production.

President Obama's Climate Action Plan (CAP) directs the EPA to use its authority through its Significant New Alternatives Policy (SNAP) Program to encourage private sector investment in low - emissions technology by identifying and approving climate - friendly chemicals while prohibiting certain uses of the most harmful chemical alternatives.

This decarbonization could be accomplished by expanding the reach of RGGI — lowering RGGI emission caps by 5 percent per year from 2020 to 2030.