Sentences with phrase «of a price on carbon emissions»

Coal remains cheaper, but when you factor in the reduced capital cost (gas plants cost between a quarter and a third what coal plants of equivalent output do), the life - cycle costs point to gas, even in the absence of a price on carbon emissions.

Each has upsides and downsides which are worth debating, but the important first step is to remedy this market failure and put some sort of price on carbon emissions.

Not exact matches

With the exception of implicit prices on carbon on some emissions in Sweden, Japan, and Germany (see this recent OECD report for details), no carbon pricing policy in place today comes close to that type of stringency.

Starting in 2017, Alberta will apply a $ 20 - a-tonne price on carbon emissions that will cover about 90 per cent of the economy, including essentials such as gasoline and home heating fuel.

Pretty well every economist you talk to will agree: If you want to reduce pollution, carbon or otherwise, the most cost - effective way to do so is with a price on the emissions of that which you seek to reduce.

Under the guise of a cap - and - trade plan, the NDP, they charge, would put a price on carbon emissions that would ruin the energy sector.

Price: Though the policy doesn't impose a hard cap on emissions, it imposes a hard cap on the price of caPrice: Though the policy doesn't impose a hard cap on emissions, it imposes a hard cap on the price of caprice of carbon.

commissioned by Clean Energy Canada last fall found that most respondents support or somewhat support the idea of putting a price on carbon emissions (59 %).

A majority of Canadians (59 %) support or somewhat support a price on carbon emissions, and 62 % support or somewhat support a minimum carbon price that applies across Canada.

In his year - end interviews, and in the final days of the fall sitting of the House of Commons, Prime Minister Stephen Harper said it would be crazy to impose additional costs on Canada's oil and gas sector in a time of low prices if the U.S. was not enacting similar carbon emission policies.

In such a system, imports from countries that do not price carbon emissions would be subject to a tariff equivalent to the price imposed on the carbon content of such goods made in Canada, counting the carbon emitted to produce goods and to transport them here.

While both governments remain committed to finding new markets for Canada's oil and gas, they have voiced strong support for increasing clean energy production and exports in order to reduce carbon emissions and the impact of fluctuating oil prices on Canada's economy.

The Alberta government received the final report from the independent panel led by University of Alberta economics professor Andrew Leach and announced its plans to phase out coal burning electricity plants, phase in a price on carbon, introduce a limit on overall emissions from the oil sands and introduce an energy efficiency strategy.

If we put a price on those emissions of $ 50 - 200 per tonne, reflecting some recent estimates of the external costs of carbon emissions, we get a range of $ 4 - 20 billion in environmental costs just from GHG emissions.

John Williamson of Canadians for Affordable Energy argues forcefully in a recent Maclean's piece that putting a price on carbon emissions will harm Canada's economy and put our firms at a competitive disadvantage.

Adding a price on carbon emissions at even a «modest» level of $ 25 per ton would make new nuclear energy competitive with coal and natural gas even if the risk premium remains, the MIT study concludes.

Eliminating this financial risk premium makes nuclear power levelized electricity cost competitive with that of coal, and it becomes lower than that of coal when a modest price on carbon dioxide emissions is imposed,» the report says.

Assuming a global system that would put a price on carbon emissions, the scientists then calculated the value of carbon credits awarded to homeowners and businesses for making their roofs and streets lighter.

By calling for re-energizing CCS development, PCAST is making two judgments: 1) that the coal industry is highly likely to remain competitive even as it complies with EPA restrictions on emissions of SOx, NOx, Hg, and other toxics; and 2) that a substantial price on carbon is highly likely to arrive in a time frame of relevance for a CCS development effort.

«Only a plan that combines carbon pricing with ambitious regulations in every sector of the economy will result in emissions reductions deep enough to reach our current climate targets and put Canada on a path to exceeding those targets.»

The 72 - year - old has also been arrested five times in protests against the continued burning of fossil fuels or to demand that the United States put a price on carbon emissions.

More than 40 mainly developed countries, including New Zealand and members of the European Union, have, or are in the process of developing, markets to help cut their output of climate - warming emissions by putting a price on carbon dioxide.

Driving the industry, investors say, are consumer interest in the environmental and economic benefits of energy efficiency, corporate sustainability mandates and essentially a bet that at some point there will be a price on carbon emissions.

Not only does this plan work on all sources of carbon emissions rather than just the power sector, but its starting point for a price on carbon far exceeds the effective price that the Clean Power Plan would have achieved, Kaufman said.

A couple of years later, after the industry was turned upside down by soaring oil prices and economic turmoil, governments began mandating tough new limits on fuel economy and carbon - dioxide emissions.

An intelligent and fast - acting program for moving toward the best energy sources will have to involve equitable costs for carbon emissions and fair limits on greenhouse gas emissions; a level economic and legal playing field for all energy sources, purveyors, and users; and an open marketplace in which pollution level, safety, siting, and price will select the mix of sources.

Do you see any path to a price on carbon (in the developed world) that realistically would lead to meaningful rates of decarbonization in developing countries (where nearly all the growth in emissions is coming)?

Late last week, Stavins distributed a link to «Both Are Necessary, But Neither is Sufficient: Carbon - Pricing and Technology R&D Initiatives in a Meaningful National Climate Policy,» a defense of the primacy of a rising price on carbon if the goal is deep emissions cuts by mid-century.

I would like to pursue, as much as possible, to increase our knowledge of carbon price and future emissions, and our knowledge on reducing the institutional barriers to adopting a carbon price system.

With the world on the verge of another food crisis (corn, wheat, and soybean prices are soaring again), extreme weather patterns becoming more pronounced, carbon emissions on the rise, loss of biodiversity accelerating, we desperately need some «win - win» strategies in our quest to make the world more sustainable.

The environmental community, which some blame for crippling nuclear power, has in fact pushed for a price on carbon as a way of building the societal costs of continued carbon emissions into the economics of electricity production.

In all of the fevered recent discussions over next steps for climate legislation, I haven't heard anyone put forward a template for a bill that would lock in a carbon pricing path coming anywhere close to $ 60 to $ 95 a ton on a timescale that would make the technology globally competitive in time to blunt the burst of emissions coming by 2030 in China and India.

In the long run I don't think we will succeed in getting transportation of oil by trying to stop oil production on a site - by - site basis, we are going to have to put a high price on transportation fuels that have high carbon emissions and get much more serious about driving energy innovation they can get the transportation system off carbon.

A carbon tax will make fossil fuel prices come closer to covering full cost, incorporating some of those fuels» currently - excluded costs: our dependence on and enrichment of oil - country despots, huge military costs of protecting distant oil operations and transport, health costs from emissions other than CO2, etc., etc., etc.....

Both policies are intended (1) to raise the price of the carbon emissions that cause global warming, thereby discouraging those emissions and encouraging alternatives, and (2) to do so in a way that does not place the burden of adjustment disproportionately on the poor.

A corporation will not operate if it does not generate profit, and the process of installing a tax or increasing prices on input materials like carbon emissions cuts into profits.

Eric Pooley, the deputy editor of Bloomberg Businessweek, spent long stretches of the last three years immersed with a variety of combatants in the intensifying battle over legislation aimed at putting a price on carbon dioxide emissions.

The expected permit price would, at any point in time, always equal the carbon tax associated with, on average, an equivalent level of emissions.

Murray was speaking at one of the most fascinating side events at the summit, where representatives of states and provinces in North America described the various steps they're taking to put a price on carbon emissions and to foster renewables.

CO2 from oil can be further limited via a gradually increasing price on carbon emissions that discourages industry from going to the most extreme environments in the world (such as the Arctic National Wildlife Refuge and Antarctica) to extract every last drop of oil.

But it is also clear that, absent a price on carbon emissions, as the price of energy rises, the amount of economically extractable fossil fuels increases, including unconventional fossil fuels.

Today, hot on the heels of the Senate's vote on Keystone XL, Grist blogger David Roberts shared the following post: Within two years, a quarter of the world's carbon emissions are likely to be priced.

A «hard collar» on the price of emission permits of no less than $ 10 per ton of carbon emitted and no more than $ 30 per ton.

Economic assessments of proposed policy to put a price on carbon emissions are in widespread agreement that the net economic impact will be minor.

The other thing that I think is really important to watch is the possibility of a climate deal with China, and that could be really, really important, because you've basically got the two climate change superpowers finally coming together on this, and if they created some kind of an agreement to limit emissions, even that could have the de facto effect of creating a global carbon price.

«We are calling on policy - makers to respond to the prospect of triggering future climate tipping points by applying the brakes now and putting a high price on carbon emissions before it is too late,» says one of the authors, Tim Lenton, professor of climate change and earth system science at the University of Exeter.

That's why, the ministry says, the federal government agreed with the 2011 Energy Package to introduce compensatory arrangements for businesses competing at a global level, including measures to offset increases in the price of power stemming from the EU's carbon emissions trade, and a cap on their renewables allocation charge.

A report published by the Environmental Law Students Association (ELSA), called for a «carbon price escalator» with S$ 5 annual increments in the tax rate, arguing that Singapore's initial price of S$ 5 is too far off from the benchmark of US$ 50 — US$ 100 per tonne of emissions recommended by World Bank's High - Level Comission on Carbon Prices report.

In a recent interview, Nordhaus - whose models project a smaller economic impact than most - said that regardless of whether the models showing larger or smaller economic impacts from climate change are correct, «We've got to get together as a community of nations and impose restraints on greenhouse gas emissions and raise carbon prices.

While such a plan is technically possible, emissions reductions that drastic would almost certainly require a willing Congress at the president's disposal — most notably to put a price on carbon that motivates the private sector — and even then, it's still an open question of whether full decarbonization by 2050 is possible given the heroic social and political change it would require at the same time.