Sentences with phrase «of auction revenue»

The ultimate political question seems to be whether there is greater (geographic and sectoral) political support for the Waxman - Markey (H.R. 2454) approach of substantial free allocations and targeted use of auction revenue, or if there is greater (populist) political support for the full auction combined with lump - sum rebate which characterizes the «cap - and - dividend» approach.
Most of the legislative proposals therefore include substantial allocations of funds to support such R&D, such as the CLEAR Act which directs 25 percent of all auction revenue to this purpose.
Working families rebate checks from start; Allocated permits dedicated to consumer protection through rebates and efficiency measures; Universal rebate checks from 75 % of auction revenues starting in 2026
$ 8 billion) over first ten years for deficit reductionObeys PAYGO; Starting in 2026, 25 % of auction revenues for deficit reductionFuels and TransportationIncrease biofuels to 60 million gallons by 2030, low - carbon fuel standard of 10 % by 2010, 1 million plug» in hybrid cars by 2025, raise fuel economy standards, smart growth funding, end oil subsidies, promote natural gas drilling, enhanced oil recoverySmart growth funding, plug - in hybrids, raise fuel economy standards $ 7 billion a year for smart growth funding, plug - in hybrids, natural gas vehicles, raise fuel economy standards; offshore drilling with revenue sharing and oil spill veto, natural gas fracking disclosureCost ContainmentInternational offsetsOffset pool, banking and borrowing flexibility, soft price collar using permit reserve auction at $ 28 per ton going to 60 % above three - year - average market price» Hard» price collar between $ 12 and $ 25 per ton, floor increases at 3 % + CPI, ceiling at 5 % + CPI, plus permit reserve auction, offsets like W - MClean Air Act And StatesNot discussedOnly polluters above 25,000 tons of carbon dioxide equivalent a year, regional cap and trade suspended until 2017, EPA to set stationary source performance standards in 2016, some Clean Air Act provisions excludedOnly polluters above 25,000 tons of carbon dioxide equivalent a year, regional cap and trade pre-empted, establishes coal - fired plant performance standards, some Clean Air Act provisions excludedInternational CompetitivenessTax incentives for domestic auto industryFree allowances for trade - exposed industries, 2020 carbon tariff on importsCarbon tariff on importsReferences: Barack Obama, 2007; Barack Obama, 8/3/08; Pew Center, 6/26/09; leaked drafts of American Power Act, 5/11/10.
(In addition, the Environment Committee has accepted that one quarter of auction revenues, plus an additional 10 billion euros, be allocated to adaptation in developing countries.)
She said the agency based its figures on the assumption that approximately 40 percent of auction revenues would be returned to consumers through rebates.

Not exact matches

Kepler Cheuvreux analyst Jon Cox said he estimated the size of the second - hand market at around $ 5 billion a year in revenue, including watches sold at auction, and that it had outperformed the market for new pieces in the last couple of years.
With revenues of $ 21 billion and nearly 60,000 employees, the company's major operating subsidiaries include Cox Communications (cable television distribution, high - speed Internet access, telephone, home security and automation, commercial telecommunications and advertising solutions); Cox Automotive (automotive - related auctions, financial services, media and software solutions); and Cox Media Group (television and radio stations, digital media, newspapers and advertising sales rep firms).
NIFA officials expressed concern Tuesday night about whether estimated new revenue from fee hikes, auctioning of seized vehicles and other initiatives were realistic and would get the necessary legislative approvals.
Instead we acted sensibly - deregulated the industry, sold licenses to private investors (earning billions of dollars from digital mobile license auctions, 3rd generation licenses, second national carrier licenses; additional operator licences) and earned additional revenue from taxes, import duties, spectrum sales.
PAC also indicted the Ghana Health Service for failing to pay more than GH cents 61,000 from the auction of nine vehicles into a non-tax revenue account since 2014, as required by the Financial Administration Act.
At the same time, we were able to use revenues from the auction of this spectrum to address a pressing national security and public safety need — the creation of a dedicated nationwide, interoperable wireless broadband network for our first responders.
Under this plan, permits are auctioned, but the revenues do not go to the government; they go back to citizens in the form of dividends, distributed equally among everyone, perhaps even wired directly to people's bank accounts or debit cards.
Moreover, if the cap - and - trade system is bringing in revenue, that means by definition that there has to be a significant initial auctioning off of the emissions permits.
Expected revenue of all - pay auctions and first - price sealed - bid auctions with budget constraints
With weeklong sales totaling over $ 116 million, including automobilia and charity lots (over $ 106 million without), January in Scottsdale means big revenue for perhaps the best - known automotive auction brand in the U.S. Indeed, while other auction houses live - stream their sales locally on their websites, Barrett - Jackson has a full coverage package with Discovery television (a partner of Automobile's parent company).
Revenue from donations (restricted / PLE and unrestricted), memorials, auction and Etsy sales produced an income of $ 7,663.85 for the year.
According to the Artprice report «The Art Market in 2014,» just three of the top 100 slots by auction revenue were held by women.
In 2016, he engineered the acquisition of the high - powered advisory firm Art Agency, Partners, for $ 50 million in cash, which has likely helped to grow the house's work in private sales, once the province of dealers and now an increasingly important source of revenue for auction companies.
Expecting sales revenues of around # 18 - 22 million, the auction actually generated # 8.5 million, with between 30 - 44 percent of items failing to find buyers, including a 13th century Khurasan silver - inlaid brassewer.
(1) auctioning of specified percentages of the available emissions allowances each year by the federal government and designating the revenue for particular adaptation programs; and
But nearly all of the research money under the Obama plan was slated to come from the revenues generated by auctioning permits for greenhouse gas emissions.
The price of fossil energy would be raised equally under either system, and returning to citizens on an equal per capita basis the revenues from the tax or from government auction of the permits would leave most people no worse off than before the energy price increase.
What to do with the revenue from the auction of permits is an important question.
In the out years, however, as the number of tons at auction decrease, the amount of revenue generated will decrease substantially, by design (if it works, we'll be auctioning 20 % as many tons in 2050 as at the start), but the cost of energy will remain high.
Unless the supported programs using RGGI auction revenues would be funded at the same level using other funding sources in the absence of RGGI, these programs provide a tangible incremental reduction in emissions.
These savings come from lower electric bills for consumers, switching from gasoline - to electric - powered vehicles, and recycling RGGI auction revenues to lower the cost of other clean energy programs.
«Pursuing creative but untested notions of demand as a demand resource in upcoming capacity market auctions and thus facing the prospect of several years of uncertain administrative and judicial litigation serves to undermine completely the very purpose of the capacity market — namely, to provide a certain stream of forward revenues to assist capital formation for resource investment.»
Europe's investment in international mitigation is to be funded by one quarter of EU ETS auction revenues, which will be allocated to REDD activities, other mitigation activities, and technology transfer.
The New York investments from the RGGI allowance auction revenues are expected to only reduce emissions 89,531 tons at an average investment rate of $ 81.5 million.
Allowance auctions (mostly at the floor price) have generated about $ 2.2 billion in cumulative revenue, two thirds of which has been allocated to energy efficiency, greenhouse gas abatement, renewable energy support and electricity bill assistance.
Livermore called that a good backup option, but said he believed EPA could avoid the tax label if its auctions were not for the purpose of raising revenue and were instead considered simply a «fee.»
Obama's energy plan would use some of the revenue generated from the cap - and - trade permit auction to invest in climate - friendly energy development including advanced biofuels, locally - owned biofuel refineries, low - carbon coal technologies, and nuclear power.
While RGGI didn't induce enough of a price signal to directly reduce emissions at the covered power plants, the activities funded by auction revenue did offer benefits including «emission reduction, consumer savings via lower electricity bills, and job creation,» according to CRS.
What might be characterized as a populist approach would be a cap - and - trade system with 100 % of the allowances auctioned and the auction revenue returned directly «to the people.»
Another merit of the carbon tax approach is that it would generate substantial revenues (as would a cap - and - trade system in which the allowances are auctioned).
Had these allowances sold at the minimum auction price, they would have brought in more than $ 990 million in total revenue — $ 550 million of which was due to be delivered to the Greenhouse Gas Reduction Fund to support high - speed rail and other state projects.
Auctioning of emission allowances - The guidelines issued by the European Commission include the option for Member States to auction up to 10 per cent of the emission allowances for the 2008 - 2012 period, thus giving the possibility to gain revenues for administration.
This system (which was introduced several years ago in the «Sky Trust» proposal) has some merits compared with the economist's favorite approach of tax cuts, namely that the Cap - and - Dividend scheme addresses some of the distributional issues that would be raised by using the auction revenue to fund tax cuts (which could favor higher income households).
This could be done with a simple upstream cap - and - trade system in which all of the needed allowances are sold (auctioned)-- not given freely — to fossil - fuel producers and importers, and a very large share — say 75 % — of the revenue is rebated directly to American households through monthly checks in a progressive scheme through which all individuals receive identical payments.
States can auction allowances and give the revenues to efficiency providers: Instead of handing over allowances to efficiency providers, states could instead pay the providers directly using revenues generated from allowance auctions.
The revenue could come either from auctioning pollution permits, a «wires fee» on electricity use, a modest tax on carbon, or a mix of all three.
The state government would auction off a declining number of tradable permits each year to raise revenue; the revenue from transportation fuels would go to the Highway Trust Fund, while the rest would be invested in various climate - y things ranging from clean energy to protections for low - income residents.
«On the basis of these recommendations, the Government will support investment for up to 400MW of a diversified renewable energy capacity by providing revenue certainty through a reverse auction process, including a 100MW energy storage component, with an emphasis on supporting local jobs and benefits,» he added.
Before the auctions started, participating states agreed to spend at least 25 percent of the revenue on consumer - benefit programs — energy efficiency to reduce bills, financial supports, etc..
The RGGI auction includes a reserve price, to ensure that CO2 emissions will always carry a minimum cost, and that the auctions will yield a minimum amount of revenue for these important programs.
He has called for 35 percent of revenue from the auctioning of pollution permits to go toward tax rebates to Americans in the lowest income brackets.
Two - thirds of the revenues generated by auctioning off pollution allowances for utilities would be returned to consumers through local distribution companies.
«President Obama's decision to include revenue from an auction is the right policy decision and a very important political statement that they are committed to getting a cap on global warming pollution,» said Gene Karpinski, president of the League of Conservation Voters.
In Mueller's words, «it would not seem too farfetched to think that in California, at least, there could be sufficient political will to earmark some share of, say, California's aviation revenue as a solidarity charge for the poorest and most vulnerable countries,» or that «California could decide to use part of the revenue from auctioning allowances for its emission trading scheme.»
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