MMN11 suggest a possible interpretation of the high GED / VA ratios is that these industries are not efficiently regulated - the damages associated with their pollution exceed the costs of abatement (through some form
of emissions pricing).
Not exact matches
The plummeting
price of clean energy has allowed the US to decrease its carbon
emissions over the last three years while the country's GDP has increased.
This is far from clear: a proper carbon
pricing policy would favour firms that are profitable enough to absorb the cost
of GHG
emissions, and penalise those who can only survive if
emissions are not
priced.
Dataminr revealed preliminary reports
of Volkswagen's
emissions scandal three days before its stock
price plummeted 30 %.
That would give the company an even more dominant position in the pits north
of Fort McMurray, which even some Calgary financiers consider a sunset industry in light
of low oil
prices and international pressure to reduce carbon dioxide
emissions.
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.
If your condition for GHG policy is that you must impose the same
price on all sectors
of the economy because you want to be cost - effective, that rules out higher
prices on some sectors where deep
emissions reductions are possible, or lower
prices in more politically sensitive areas to ensure you get a policy in place at all.
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.
«The other
emissions come from things like landfill gas
emissions, agriculture tilling — the release
of methane through soil — those types
of emissions are really difficult to measure and calculate, so generally for carbon
pricing programs you don't cover those
emissions.»
Requiring the reduction
of carbon
emissions will make coal - based energy more costly, while solar and wind technology are expected to be
priced more competitively, thereby supporting those alternative energy industries, says Jason Blumberg, chief executive and managing director
of Energy Foundry, a Chicago - based cleantech impact venture capital fund.
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.
With high oil
prices persistently poised to derail the global economy, with large economies like Germany and Japan swearing off nuclear in the wake
of the Fukushima Daiichi disaster, with coal hampered by looming
emissions caps, unexpectedly abundant gas seems poised to fill the energy void.
If a climate coalition reduces its
emissions, world
prices change and nonparticipants typically emit more; they may also extract the dirtiest type
of fossil fuel and invest too little in green technology.
with carbon
pricing and other measures, including eliminating coal - fired power plants, cutting methane
emissions from the oil industry, and making cleaner fuels, Canada will still be 90 million tonnes shy
of its international
emissions targets set in 2015 under the Paris agreement
If lower oil
prices are as bad for Canada's economy as rate - cutting Bank
of Canada Governor Stephen Poloz insists, the central bank might consider assessing the risks to the economy in a world where constraining carbon
emissions becomes less
of an abstract notion and more
of a daily reality.
Price: Though the policy doesn't impose a hard cap on emissions, it imposes a hard cap on the price of ca
Price: Though the policy doesn't impose a hard cap on
emissions, it imposes a hard cap on the
price of ca
price of carbon.
Battery
prices are falling fast, more and more models are available, and countries like China are buying record numbers
of zero -
emission cars.
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.
All the major oilsands companies are seriously pushing technology to reduce
emissions and costs, and have been doing so extremely seriously the past couple years since the
price crash
of late 2014 and the Paris Agreement,» says Vredenburg, who also led a team
of researchers that studied open innovation among energy companies.
Of course, much of that trail could be wiped away by pricing carbon emissions and applying that price to imports via a carbon tarif
Of course, much
of that trail could be wiped away by pricing carbon emissions and applying that price to imports via a carbon tarif
of that trail could be wiped away by
pricing carbon
emissions and applying that
price to imports via a carbon tariff.
Emissions - intensive companies generate a lot
of carbon pollution, so they feel a carbon
price more strongly.
The
price of burning oil will have to reflect the cost
of emissions and not simply the expense
of getting the fuel out
of the ground.
Regardless
of where exactly crude
prices would end up trading, it's a certainty that once carbon
emissions become more
of a consideration the
price of a barrel
of oil will be heading lower.
Other downstream implications
of CCS or other policy will depend on how they affect the relative
price of electricity... and more expensive
emissions reductions will make electricity more expensive than it needs to be, thereby limiting potential uptake
of electrification.
CCS really amounts to a combined GHG and natural gas hedge which, in a world
of really expensive gas, allows you to maintain lower electricity
prices than you perhaps otherwise would be able to as you can continue to use relatively cheap and plentiful coal while capturing and storing the
emissions.
As the biggest station operator and supplier
of natural gas for transportation in the U.S., the company should benefit from higher oil
prices and more focus on reducing
emissions likely to drive many truck operators to consider this new engine.
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.
This will be accomplished through a combination
of a «cap and trade» carbon
pricing system, mandatory vehicle
emission standards, and investing in renewable energy production and consumption.
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.
Finally, CME noted that carbon
pricing schemes need to be designed in such a way so as not to merely transfer GHG
emissions out
of the province (or country).
High
prices, plus the added pressure
of the necessary
emissions standards, mean Canadian manufacturers are struggling to remain competitive against companies in China where such standards don't exist.
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.
Report Modelling the Impact
of the Climate Leadership Plan & Federal Carbon
Price on British Columbia's Greenhouse Gas
Emissions (December 2016)
The stock has dropped a third
of its
price considering that news broke about the automaker cheating on diesel
emissions checks.
The drop in
price, though, hasn't had much
of an effect on the massive amount
of energy the Bitcoin network devours or its
emissions.
Simply — and stringently —
price carbon
emissions across all sectors
of the economy consistent with our obligation under article 4.4
of the UN Paris Agreement to undertake economy - wide absolute
emission reductions, and allow the market to react to that unequivocally clear
price signal.
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.
So, if one does want to lower
emissions, the choice is not between a carbon
price and nothing, but between a carbon
price and regulations, technology subsidies, higher - cost renewable energy, or the long list
of other tools.
China's push to become a major maker
of solar panels has driven down global
prices by close to 90 percent over the past decade, helping international efforts to curb
emissions of planet - warming greenhouse gases.
Scandals can pertain to large - scale corporate conduct involving the cooperation
of many people (such as the Volkswagen
emissions - falsification scandal), to an individual corporate decision (as when Turing Pharmaceuticals raised the
price of one
of its drugs from $ 13.50 to $ 750 per pill), or to illicit behaviour by an individual (such as a corporation's CEO).
All
of Alfa Laval's hygienic food equipment, food machinery, and services for the food processing industry are developed with the aim
of keeping up with the food industry trends and addressing four key challenges; supplying food products to consumers at a competitive
price, getting the most from raw materials, reducing waste and
emissions, and delivering safe and hygienic food products.
They include: high levels
of degraded soils; reductions in irrigation quotas to restore the health
of the Murray - Darling system; the re-forestation
of some agricultural land to meet
emissions reductions targets; the impacts
of peak oil, such as the diversion
of food crops into feed - stock for biofuels; and the
price and crop yield implications
of peak phosphorous, given Australia's dependence on imported fertilisers.
As the
price of food goes higher and higher and we worry more and more about where our food comes from, organic vs. conventional (pesticide - laden), genetically - modified organisms, carbon
emissions and climate change, it makes sense to me to try to grow some
of our own food.
As part
of a greater need than ever before to protect our environment, it makes sense to know whether your bamboo flooring is fully compliant with formaldehyde
emissions requirements and you should also be aware that the quality and type
of resins used during the manufacturing process will have a direct impact on the
price that you pay for your flooring product.
It has long worried that the
price of ETS permits is too low to stimulate investment in deep
emission cuts.