A new Climate Change Authority, headed by former reserve bank governor Bernie Fraser, will advise the government on the future emissions caps within the emissions trading scheme,
national emissions trajectories, and many other aspects of the scheme including the role of price floor and ceiling after the initial three years.
Not exact matches
I had a recent phone chat with Susan Solomon of the
National Oceanic and Atmospheric Administration about the CO2 challenge in the face of
emissions trajectories like those in the oil companies» reports.
In the near term, federal policy could: i) level the playing field between air captured CO2 and fossil - fuel derived CO2 by providing subsidies or credits for superior carbon lifecycle
emissions that account for recovering carbon from the atmosphere; ii) provide additional research funding into air capture R&D initiatives, along with other areas of carbon removal, which have historically been unable to secure grants; and iii) ensure air capture is deployed in a manner that leads to sustainable net - negative
emissions pathways in the future, within the framework of near - term
national emissions reductions, and securing 2 °C - avoiding
emissions trajectories.
One of the most significant factors is likely to be what the studies assume after the target year of the
national climate plans, which determines the countries» post-2025 or post-2030
emissions trajectory.
The latter two factors already vary greatly among countries, and
national policies can affect future
trajectories of GHG
emissions directly as well as indirectly through policies affecting economic growth and (energy) consumption.