Sentences with phrase «more emission allowances»

Not exact matches

The industries can generate cash by selling unused carbon allowances for profit if they reduce emissions more than required.

E.U. governments asked companies to provide their own, unverified historical emissions data, and many inflated their numbers so as to claim more free allowances from government.

In place of accurate emissions data, Hsu said that China has more control over businesses than democratic governments do, so it can more easily bring them in line and maintain environmental integrity if, for example, allowances are too plentiful and their price crashes, as happened in the E.U.'s system.

«(B) the incremental number of tons of carbon dioxide emitted solely as a result of a qualifying thermal sales agreement referred to in subsection (a)(5)(B)(ii), provided that in no event shall the Administrator distribute more than 1 emission allowance for the same ton of emissions.

-- In directing the provision of emission allowances under this subsection to carry out section 122, the Secretary shall give preference to applications under section 122 (c) that are jointly sponsored by one or more automobile manufacturers.

The need for more harmonisation is clearest with respect to how the cap on overall emission allowances is set.

In place of accurate emissions data, Hsu said that China has more control over businesses than democratic governments do, so it can more easily bring them in line and maintain environmental integrity if, for example, allowances are too plentiful and their price crashes, as happened in the E.U.'s system.

The report cites estimates that the health effects of cutting industrial carbon emissions are actually more valuable, at $ 49 per ton of carbon dioxide, than the cost of allowances and offsets.

The surplus of allowances is largely due to the economic crisis (which reduced emissions more than anticipated) and high imports of international credits.

While it may remain profitable to build renewable energy installations, incentives against cutting carbon emissions were not strong enough: Prices for allowances to emit carbon dioxide have dropped and cheap gas in the United States is pushing an additional supply of hard coal on the market, reducing coal prices to their lowest in four years and incentivising utilities to sell more power from brown - and hard coal - fired power stations.

Similarly, if a company can reduce emissions below its requirements, so it has excess allowances, those allowances can then be banked for future use or sold in an open market to a firm that finds it more difficult (costly) to reduce emissions.