Sentences with phrase «more emission trading systems»

This «linking» of two or more emission trading systems (ETS) creates a larger carbon market, which can provide the participating regions with more cost efficient options to reduce their emissions.

Not exact matches

«It is our view that the first step for Chinese ETS is to get the system right from the beginning — the trading platform; the monitoring, reporting and verification system; [emissions] inventories; getting companies informed and cooperative — and gradually shift toward more stringent caps,» says Li Shuo, a climate and energy campaigner for Greenpeace East Asia.

Should the government impose a price on carbon emissions, whether it is a tax or cap - and - trade system, CO2 - free sources, such as nuclear energy, will become even more competitive.

A strong energy package approved last year by a key Senate panel is seen as a sweetener for passing a much more controversial cap - and - trade system to regulate the emissions of greenhouse gases.

A truly strict global system, involving the majority of countries and imposing a tight cap on total emissions, would cut emissions more than the European trading scheme.

The «emissions reductions» approach, including cap - and - trade systems and other economic incentive mechanisms as well as direct regulatory controls, will require power plants, cars, and many other GHG sources to become more «efficient» by cutting their discharges.

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The European Union, home of the EU Emissions Trading System, hosts the largest number of buyers — both compliance - driven and voluntary — since even companies in unregulated sectors are more familiar with market - based mechanisms for emissions reEmissions Trading System, hosts the largest number of buyers — both compliance - driven and voluntary — since even companies in unregulated sectors are more familiar with market - based mechanisms for emissions reemissions reductions.

On the first criterion, Weitzman points out that while a carbon tax is more easily administered and more transparent than a cap - and - trade system, a carbon cap or a tax can both achieve cost - effective emissions reductions.

Indeed, today we are not even considering an actual U.S. carbon tax, which is preferred by almost all academic economists for this purpose, but instead a cap - and - trade system (i.e., emissions rationing) because it is more politically palatable to hide the costs to consumers this way.

He said the industry should push to become «carbon neutral» with more efficient engines and aerodynamic technology, improved air - trafficcontrol systems, better ground taxiing procedures and — to offset any remaining emissions — a global carbon - emissions trading system.

These failures will join the European Emissions Trading System and the emissions reductions targets, and the more general failure of the EU to influence global policy, leaving it in an island of expensive energy and redundant teEmissions Trading System and the emissions reductions targets, and the more general failure of the EU to influence global policy, leaving it in an island of expensive energy and redundant teemissions reductions targets, and the more general failure of the EU to influence global policy, leaving it in an island of expensive energy and redundant technology.

Alan, more to the point NSW has led the world in innovative market - based environmental solutions, including the instalment of one of the world's first emissions trading schemes, and a new system of biodiversity credits.

A national cap - and - trade system — which is needed to address emissions meaningfully and cost - effectively — will undo the effects of a more stringent cap within any state or group of states.

However, if the clean energy credits are denominated in emissions per megawatt hour, then the program can more easily be converted to or linked with a cap - and - trade system.

Although these policies may not provide the environmental certainty of a cap - and - trade system, they can drive emissions reductions and may be more suited to the current development of China's financial markets and enforcement infrastructure.

It could, as Michael A. Livermore has argued, work with states to create a cap - and - trade system for greenhouse gases, which would, in theory, give polluters more flexibility to cut their emissions (rather than having every facility have to conform to the same rigid set of rules).

I'm not sure I am inclined to agree with Jim Hansen on very much, but I think if we are going to reduce carbon emissions, a tax is a hundred times more logical than a cap and trade system.

What has caught on instead is a variant that most economists consider more or less equivalent: a system of tradable emissions permits, a k a cap and trade.

Most economists consider a carbon tax a more effective instrument for reducing greenhouse gas emissions than the other major policy alternative, a cap - and - trade system that would require plant - by - plant emission measurements and could prompt companies to cheat.

California's emissions trading system is expected to reduce greenhouse gas emissions from regulated entities by more than 16 percent between 2013 and 2020, and by an additional 40 percent by 2030.

«It was first suggested by Professor Garnaut to start the emissions trading scheme system with a fixed price and I believe that it's even more relevant now in the political deadlock that we're finding in Parliament.»

It's easy to tick off the ways in which California is a leader in clean energy: It harvests more solar energy than any other state, has a program to curb greenhouse gas emissions from the vehicles on its famously long highways, and launched its own cap - and - trade system this year.