Sentences with phrase «on carbon pricing fall»
Opinions on carbon pricing fall strongly along political lines.
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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 %).
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.
It is designed to ensure the price on carbon imposed through the EU emissions trading scheme does not fall below a set level.
With the recent steep fall in oil prices and associated declines in other energy prices, the stars are aligned for adopting a carbon tax on consumption of fossil fuels, Lawrence Summers, a former treasury secretary and presidential adviser, says in the Washington Post.
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.
Although we supported Initiative 732 last fall, we believe the best opportunity now is for the Legislature to take decisive action to put a price on carbon.
But prices of allowances still fell sharply on carbon markets.
Prices of European Union carbon permits have shed a third of their value since the start of the year and could fall further as the euro zone crisis, a glut of carbon permits and an aviation spat depress market sentiment, analysts said on Friday...» There is no debate that the ETS will end up massively oversupplied in the Phase II (2008 - 2012 trading period) and beyond,» said Kris Voorspools, a director at 70Watt Consulting.
World carbon markets have been on the ropes over the past several years, as the global economic downturn prompted prices of EU allowances to fall 90 % from their pre-recession peak, while the value of UN-backed offsets that finance low carbon projects in developing countries became almost worthless.