Sentences with phrase «of global carbon market»

ICAO's crowning achievement would be the development of a global carbon market to limit emissions from the world's aviation industry.

Markus Beyrer, director general of Business Europe, said the development of global carbon market would facilitate investments and innovations from private sectors to deliver cost - benefit solutions to climate change.

Together, these arguments point towards the establishment of a global carbon market like those established by the Kyoto agreement.

However, an overall expansion of the global carbon market — largely through the creation of more carbon credits - also continues to pour money into a commodity that only five years ago had very nearly no value.

Governments want to launch a platform at United Nations climate talks to help set common standards and accounting rules and tie together national and regional emissions trading schemes, but developing countries and green groups warned that talk of a global carbon market is premature.

Warsaw (Reuters)- Governments want to launch a platform at United Nations climate talks to help set common standards and accounting rules and tie together national and regional emissions trading schemes, but developing countries and green groups warned that talk of a global carbon market is premature.

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.

Not exact matches

Recognizing that carbon emissions resulting from consumption of these fuels is driving catastrophic global climate change, my role as leader of the company is to ensure that Virgin provides financial support to non-profit groups that are exploring renewable energy and seeking market - based solutions to climate change, like the Carbon War Room.

1) China's emergence as a dominant player in the low - carbon market, 2) global oil majors» shift to renewable energy, 3) big corporate brands moving to 100 % renewable power, 4) the rise of electric vehicles and expiration dates for gas - fuelled cars, and 5) energy getting smarter through digitization.

Furthermore, efforts at oil giant Royal Dutch Shell RDS.A, +0.62 % to move beyond fossil fuels into low - carbon energy is as much driven by the growth potential of alternative energy markets as a concern for global warming.

The forces at play today include technology and cost breakthroughs that make clean energy increasingly competitive, as well as a rapidly growing domestic and global market for clean energy solutions fuelled by the desire of governments and citizens to reduce carbon pollution.»

Building a global bond market that will finance the development of low carbon and climate resilient cities

Robert Stavins, an economist at Harvard University who has written extensively on carbon markets, noted that during the creation of the 1997 Kyoto Protocol, the United States insisted, over European objections, on inserting market mechanisms into global climate policy.

And dozens of forestry companies are already planning to join the anticipated global market in certificated carbon sinks.

But the failure of nations to craft a new global pact has caused demand for the CO2 offsets generated under the U.N.'s carbon markets to dry up, sending prices crashing and nearly bankrupting many of the companies that invested in the schemes.

If the U.S. establishes a federal trading system in response, the scale of U.S. emissions trading could supplant the dominance of the E.U. in the budding global carbon market.

Given those prospects, and the Trump administration's likely lack of action, perhaps in the future China will cooperate with the European Union — which also has a cap - and - trade carbon market — to impose carbon tariffs on U.S. goods produced from an economy that has no constraints on such global warming pollution.

In the month since this investment, momentum around the global carbon market has demonstrated signs of a significant boom, with increasing interest from high profile financial companies, and gaining page space in business publications across the globe.

This advanced nuclear power plant has major appeal in domestic and international markets, offering a right - sized, cost - effective solution for carbon - free energy, and ensuring attainable power options to existing and emerging global economies demanding increased certainty of public safety, environmental protection and security from intrusion and proliferation of nuclear materials.

In particular, IIASA researchers will focus on how potential phosphorus market crises might put pressure on the global food system and create environmental ripple effects ranging from expansion of agricultural land to phosphorus price - induced changes in land management, which could exacerbate the already existing imbalance between carbon, phosphorus and nitrogen.

This is a vision more befitting our time, one that does not look back to a heavy industry, carbon polluting economy, now infeasible as it imperils a warming planet and can not be remade in a globally competitive market unlike the period prior to global trade liberalization of the early 1970s.

«We're very proud that since Nissan LEAF launched in 2010, we've been able to put more than 300,000 zero - emission electric vehicles on the road worldwide, helping to reduce carbon footprints around the globe,» said Daniele Schillaci, Executive Vice President, Global Marketing and Sales, Zero Emission Vehicle and Battery Business; Chairman of Management Committee for Japan / A & O (Japan, Asia, Oceania Business); Nissan Motor Co., Ltd.,.

The International Civil Aviation Organisation (ICAO) heralded the agreement in October, of a new global market - based measure to control carbon emissions from international aviation, as an «historic agreement».

Bill says the global financial system is so insane that a market - based solution to reduce carbon emissions could spin out of control and freeze / starve us to death.

Building a global carbon market based on global financial markets would also require the development of a global registry and market instruments allowing international trading and an expanded role for project - based mechanisms (such as the Clean Development Mechanism under the Kyoto Protocol).

Instead, the question is this: Why does this would - be champion of free markets believe that such a free market can address the global warming problem without any «price» associated with carbon that ultimately goes into the atmosphere?

The WBCSD's members, conscious of the opportunities that could be seized in this arena, have pulled together a thought piece on creating a global carbon market.

While there's not much of a prospect for an expanding global market in hard carbon credits like those created under the ailing Kyoto Protocol, this system provides a voluntary means for people or businesses concerned with both climate change and ending energy poverty to have their money do double duty.

No less chagrined must be Gordon Brown, who sees the carbon market as key to the global response to climate change, and to the economic fortunes of the City of London... http://www.guardian.co.uk/commentisfree/cif-green/2010/jan/25/carbon-market-copenhagen-climate

Guardian: Oliver Tickell: Don't let the carbon market dieThe Copenhagen climate change conference achieved too little, but a modest global carbon tax would make amends Some people have good reason to be shocked that banks have pulled out of the carbon market, not least recent economics graduates whose dissertations on carbon finance now qualify them only for unemployment.

Wayne Sharpe is the chairman and founder of Carbon Trade Exchange, the world's first and largest global platform for trading in environmental commodity markets including carbon, RECs and water

So far, the efforts seem to be winning the confidence of buyers: prices for offsets generated under such programs averaged $ 11 per ton of carbon dioxide equivalent (tCO2e), compared to a global average of $ 6 per ton, according to Ecosystem Marketplace's 2011 State of the Voluntary Carbon Markets report.

A growing number of these policies include market - based programs, some of which aim to link to each other through regional and global carbon markets.

The aim of the campaign is to share the business case for renewable power, increase private sector demand for renewable power and accelerate the transformation of the global energy market, thus enabling the transition to a prosperous low carbon future.

Accounting of emissions will be a cornerstone of a future climate treaty and is hugely important for the integrity of carbon markets as well as keeping us on track to limit global warming below 2 °C.

The EU is keen to work with the new US Administration to build a transatlantic and indeed global carbon market to act as the motor of a concerted international push to combat climate change.

Only a year ago, WND reported scientists and others on a team assembled by the Chicago - based Heartland Institute, which focuses on free - market solutions to today's problems, say the «scare» of global warming from the use of carbon fuels and other human activities «is over.»

One of the key means to reduce emissions more cost - effectively is to enhance and further develop the global carbon market.

Facts about a debate that's turned up more questions than answers,» includes a statement by then Exxon CEO Lee Raymond trumping up uncertainty in the science behind global warming as well as the cost of a carbon - restricted market.

Switching this demand to renewables will accelerate the transformation of the global energy market and aid the transition to a low carbon economy.

So the darker hopes arise — maybe a particularly furious El Niño or a «carbon bubble» where the financial markets realize that renewables have become more scalable and economical, leading to a run on fossil - fuel assets and a «generational crash» of the global economy that, through great suffering, buys us more time and forces change.

In a global market, a single disaster like SoCal Gas's wouldn't hit the innocents that hard, but it would send a clear signal to other companies thinking of saving a few bucks on a safety valve or two: with a price on carbon, cheap is expensive.

Examining the likelihood that longer - term reform of the EU ETS will be agreed and implemented; whether the ICAO is capable of delivering a global system to control aviation emissions; and the challenges and opportunities facing carbon market participants.

To do so, they should ensure a uniform and predictable cost of carbon, allow market prices to drive solutions, maximize transparency to stakeholders, reduce administrative complexity, promote global participation and easily adjust to future developments in climate science and policy consequences.

Global warming is heating up opportunities for companies that can find ways to pull carbon dioxide (CO2) out of the atmosphere and sell «carbon credits» on emerging markets.

This document includes a collection of articles that seeks to communicate the diverse insights and visions of leading actors in the emerging global carbon market to better inform the decisions of professionals and policy makers.

This fact - sheet presents the main results of a mapping of global climate change financial flows involving a diversity of public and private sources (e.g. government budgets and capital markets), agents (e.g. bilateral finance institutions, multilateral finance institutions, development cooperation agencies, the United Nations Framework Convention on Climate Change (UNFCCC), private sector), and channels (e.g. official development assistance, non-concessional loans, carbon markets, financing specifically for climate change, foreign direct investment).

It unerlines that the carbon market endured its most challenging year to date in 2009 because of the global economic crisis that negatively impacted both the demand and supply sides of the market.

«By 2020 the global carbon market could be worth EUR 240 - 450 billion» says Lord Nicholas Stern, Vice Chairman of IDEAGlobal Group, in the inaugural issue of CARBONfirst

For instance, a market - based policy like a price on carbon might encourage consumers to buy more fuel - efficient cars, but it will fall well short of revolutionizing global energy infrastructure and technologies.