Sentences with phrase «of emission permits»

The money is made in in the trading of emission permits.

Several of the most coal - dependent utilities have endorsed the House bill, but the coal coalition has not — it wants caps on the price of emission permits, among other amendments.

And ECO knows that the negotiators are well aware of the fact that strong new rules to eliminate the gigantic surplus of emission permits from the Kyoto Protocol's first commitment period will make a real difference.

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.

British Columbia and Alberta have already introduced modest carbon taxes; Ontario and Quebec have embryonic cap - and - trade systems that allow polluters to buy and sell a limited number of emissions permits.

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.

The latest draft of the Senate legislation includes a system somewhat different from the House bill's to ensure that the price of emissions permits does not rise or fall too quickly.

With resurgent debate over the relative merits of carbon taxes and emissions trading, attention has turned again to Europe where the market price of emissions permits has fallen sharply as a result of the financial crisis and recession.

First, it makes voluntary action to reduce emissions ineffectual, since this just lowers the cost of emissions permits (I thought this had been fixed by the changes announced in March, but I was wrong on this point).

25 percent of emissions permits to be auctioned with option to increase later (Friends of the Earth and other NGOs wanted 100 percent from the start of the scheme)

to author a tough statement of principles for climate legislation that calls for strong near - term emissions targets, the auctioning of emissions permits, and major investment in clean - energy technology.

Strict limits on the number of emissions permits airlines can buy from projects in developing countries in order to incentivise emissions cuts within the EU.

In particular, Poland and other coal - dependent EU members in Eastern Europe oppose plans to require power stations to buy all of their emissions permits starting in 2013.

Emission Trading Scheme (ETS) A scheme set up to allow the trading of emissions permits between business and / or countries as part of a cap and trade approach to limiting greenhouse gas emissions.

Not exact matches

These permitted maximum emissions of 44 milligrams of NOx per kilometer, about one - fourth the 180 mg / km permitted by the Euro 5 standard that would also take effect in 2009.

The contentious part of ETS would require airlines to purchase permits should they exceed predetermined annual emissions quotas.

They also say that no international control regime will be permitted to slow their economic growth away from poverty, certainly not as long as their per capita emissions remain a fraction of the West's, especially that of the United States.

To meet the permitted limits of these regulations, many manufacturers use state - of - the - art technology to reduce pentane emissions (see for example: The Polystyrene Packaging Council, Polystyrene and Its Raw Material Styrene: Manufacture and Use November 1993; Updated January 1996).

It has long worried that the price of ETS permits is too low to stimulate investment in deep emission cuts.

On Monday, Gina McCarthy, the E.P.A. assistant administrator for air issues, told state environmental officials in a letter that if Texas would not regulate carbon emissions from smokestacks, the federal government would seize control of the state's permitting program on Thursday.

Concerned scientists, politicians and activists have long dreamed of a global carbon market, one that would compel companies, wherever they are based, to buy emissions permits, issued annually, or to stop emitting.

Presidential contenders John McCain and Barack Obama have committed to early enactment of mandatory, economy - wide restrictions on emissions, implemented through tradable permits and designed to reduce emissions by 60 to 80 percent below 1990 levels by 2050.

Each year the number of permits declines, reducing emissions over time.

The high spatial and temporal resolution of the SWITCH model permits an assessment of the energy generation, resource demands, and greenhouse gas emissions that come with different mixes of energy generation and distribution choices» says Daniel Kammen.

Notably, California and 11 other states had been seeking waivers from the EPA permitting them to pass laws requiring reduced car emissions of greenhouse gases from the 2009 model year onward.

McCain has cosponsored a bill, so far rejected by his colleagues, that would set up a national system of tradable emissions permits for greenhouse gases and would require U.S. emissions in 2010 to be no more than in 2000 — not quite Kyoto, which sets the levels 7 percent below 1990 — but a start.

Launched in 2003, it relies on companies such as Cargill, DuPont, Intel, Ford and Monsanto to make legally binding but voluntary commitments to meet emissions targets either by reducing emissions from their factories or by purchasing permits from other members of the exchange who have exceeded their targets.

Its east European members have unused emissions permits left over from the first period of the Kyoto protocol.

Instead of regulating carbon at the many smokestacks where emissions occur, the group recommends regulating by cap - and - trade permits directed «upstream» at the wellheads, mine mouths, and import points where oil, coal, and natural gas enter the economy.

At a summer 2006 hearing of the U.S. Senate to discuss the design of a potential emissions trading system, several American utilities urged that auctions, if used at all, should be limited to just five to 15 percent of total permits.

The major industrial emitters could be required (or induced through taxation for tradable permits) to capture their CO2 emissions or to convert part of their processes to run on power cells and clean electricity.

SACRAMENTO — Only two weeks after California voters turned back an effort to suspend the state's program to combat climate change, a cap - and - trade market for greenhouse gas emissions saw its first trade, a swap of a climate - change pollution permit for 2012.

While this type of sampling is rudimentary, the bucket tests were more than what Louisiana's Department of Environmental Quality had done; the regulatory agency relied mainly on Shell's emissions data, which indicated that concentration levels of pollutants fell below the permitted state limits.

Those that reduce emissions below the cap can sell their excess permits to those sources that fail to meet the targets — the trade part of the market — resulting in an overall reduction of pollution at the lowest economic cost, in theory.

The party opposes «any and all cap and trade legislation» that would create a system of tradable pollution permits designed to reduce industrial emissions of warming gases such as carbon dioxide.

Then on Tuesday night, hours before the summit was due to end, the US announced the formation of a «carbon club» consisting of itself, Canada, Japan and Russia, to trade emissions permits among themselves.

Its East European members have unused emissions permits left over from the first period of the Kyoto protocol.

-- Notwithstanding subparagraph (A), to demonstrate compliance prior to calendar year 2018, a covered entity may use 1 international offset credit in lieu of an emission allowance up to the amount permitted under this paragraph.

Furthermore, the relatively quick process of converting coal - fired plants to biomass - fired generation is an attractive benefit for power generators whose generation assets are no longer viable as coal plants due to the expiration of operating permits or the introduction of taxes or other restrictions on fossil fuel usage or emissions of GHGs and other pollutants.

Submission of a statement by the owner or operator, or the designated representative of the owners and operators, of a covered entity that the owners and operators will hold allowances or offset credits for the entity's combined emissions and attributable greenhouse gas emissions to which section 722 applies shall be deemed to meet the proposed and approved planning requirements of title V. Recordation by the Administrator of transfers of allowances and offset credits shall amend automatically all applicable proposed or approved permit applications, compliance plans, and permits.

Carbonkiller is an initiative by the Dutch environmental organisation WISE that allows anyone to buy and destroy emission permits from the massively oversupplied European carbon market with the aim to raise the price and to increase public engagement in one of Europe's key climate tools.

The European Industrial Emissions Directive (2010 / 75 / EU) is the basis for harmonized permitting, monitoring and inspection of more than 50,000 industrial installations in Europe.

The system uses a high - output, fast - charging, compact lithium - ion battery linked to high - level motor control technology to provide acceleration assist when needed and permits downsizing of the gasoline engine for optimum economy and emissions.

Limited and early analytical results from integrated analyses of the costs and benefits of mitigation indicate that they are broadly comparable in magnitude, but do not as yet permit an unambiguous determination of an emissions pathway or stabilisation level where benefits exceed costs.

«Limited and early analytical results from integrated analyses of the costs and benefits of mitigation indicate that these are broadly comparable in magnitude, but do not as yet permit an unambiguous determination of an emissions pathway or stabilization level where benefits exceed costs [3.5].»

But Borenstein noted that policymakers are considering a far lower price — $ 20 per ton of greenhouse gases — as the maximum that industry could be charged in proposed tradable emissions permit programs.

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.

• New coal - fired power plants would only be permitted when they replace existing coal - fired capacity (so they would not increase the total capacity) unless they were completely clean, i.e., unless they had a way of removing carbon dioxide from emissions.

Fossil fuels (un) fortunately permitted human population to overshoot and most likely only running out of this resource may stop the CO2 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.