Sentences with phrase «on emission credits»

Not exact matches

Virginia's limit, or «cap,» on carbon dioxide emissions would tighten 30 percent between 2020 and 2030, while adding measures to maintain market stability with a reserve of credits that power plant owners can purchase to help them comply.

Airport expansion plans and an over-reliance on buying in emission credits to meet domestic carbon targets are negatively affecting efforts to convince other countries to take a tough stand on climate change, the environmental audit committee has found.

The report accepts minister's efforts to include aviation in the EU emissions trading scheme, where firms would be given a certain allocation of carbon credits to buy and sell on the open market, but warns this is still «years away».

The Democratic - controlled state Assembly on Monday introduced a budget bill that would prohibit the purchase of zero - emission credits mandated under the clean energy plan until leaders of the PSC and the New York Energy Research and Development Authority appear before a joint hearing of the Senate and Assembly to answer questions.

He went on to urge Blair to support the U.S. position in favor of more credit for carbon sequestered by forests and sinks, assuring him that it would allow the United States to curtail even more emissions.

Its plan for going carbon neutral largely relies on buying in carbon credits rather than reducing its actual emissions to zero.

So companies in the developed world have an annual limit on the level of greenhouse gas emissions they can produce, and if they exceed their cap, they can purchase credits generated by the emission reduction projects or low - carbon technologies in developing countries.

«On the phone a lot» to save Kyoto The exchange took place nearly three years after U.S. negotiators helped to broker the Kyoto Protocol, an international agreement that allowed wealthy countries to trade for emissions credits to cover some of their reduction responsibilities.

The authority's strategy also relies heavily on purchasable emissions credits and a government scheme that pays polluters to cut carbon output.

Assuming a global system that would put a price on carbon emissions, the scientists then calculated the value of carbon credits awarded to homeowners and businesses for making their roofs and streets lighter.

As the nation's aging power grid is upgraded with cleaner energy sources — spurred by federal and state - level regulations on air pollution, renewable portfolio standards and tax credits — the emissions profiles of EVs across the country are expected to improve.

As supercritical technology becomes more mainstream and power generators normally improve on the efficiency of even their oldest plants over the course of operations, the loophole allows plants requesting CDM credits to exaggerate the calculated emissions avoided by millions of tons of CO2 - equivalent gases, the panel warns.

Under this scheme, investors could earn credits for projects that cut emissions in developing nations even though the host country faced no binding restriction on its output of these gases.

And because the E.U. possesses the biggest market for emission credits, the clean development mechanism's prices have converged on those set there.

In modifying or omitting such a requirement on the basis of infeasibility, the Administrator, in consultation with the Secretary of State and the Administrator of the United States Agency for International Development, shall ensure, with an adequate margin of safety, the integrity of international offset credits issued under this section and of the greenhouse gas emissions cap established pursuant to section 703.

«(2) establish and maintain an effective, transparent, and fair market for emission allowances and preserve the integrity of the cap on emissions and of offset credits;

-- The Administrator, in consultation with the Secretary of State and the Administrator of the United States Agency for International Development, may issue, in accordance with this section, international offset credits based on activities that reduce or avoid greenhouse gas emissions, or increase sequestration of greenhouse gases, in a developing country.

-- If the Secretary determines that a reversal was unintentional, the offset project developer for the relevant offset project shall place into the offsets reserve a quantity of offset credits, or combination of offset credits and emission allowances, equal in number to half the number of offset credits that were reserved for that offset project, or half the number of reserve offset credits that were canceled due to the reversal pursuant to clause (i), whichever is less, except that the Secretary may lower this amount based on undue hardship in the event of a catastrophic occurrence.

Such justification would then most likely center on whether, under the introductory phrase of GATT Article XX, a US carbon duty, emission credit requirement or other regulation on imports is applied on a variable scale that takes account of local conditions in foreign countries, including their own efforts to fight global warming and the level of economic development in developing countries.

Here's how RGGI works: Using an auction system, the states offer a declining number of carbon emissions credits each year, which power plant owners bid on and are then required to use to offset their carbon dioxide emissions.

Today's workshop on «Benefits Sharing and Safeguards» for policies to Reduce Emissions from Deforestation and Forest Degradation (REDD +) also included newly released recommendations for how California can bring REDD + offset credits into its statewide cap - and - trade system with environmental integrity and social equity.

** Payments based on 20 % Down, Above average credit, 72 Month payments, 4.99 Interest rate APR, $ 14.50 per $ 1000 ** finance All advertised prices exclude government fees and taxes, any finance charges, any dealer document preparation charge, and any emission testing charge.

All advertised prices and payments are based on cash prices and on approved credit and exclude government fees and taxes any finance charges any dealer document processing charge any electronic filing charge and any emission testing charge.

If the caller claims they can generate Australian carbon credit units through a carbon offset project, check if the project is listed on the Clean Energy Regulator's Emissions Reduction Fund project register.

The new agreement will likely lead to a future set of limits allowing Kyoto parties to keep on capping greenhouse - gas emissions and trading carbon credits.

It needs to be spelled out, because the «solutions» that are acceptable to the business world (carbon credit trading and attempts at burying CO2 emissions) will have almost zero effect on the real world — the rate of increase of CO2 in the atmosphere will be unaffected by such «solutions».

At any rate, in my personal view, we should not prescribe exactly what needs to be done but should instead implement flexible schemes like Kyoto or the McCain - Lieberman Climate Stewardship Act that allow trading of emissions credits, credits for carbon sequestration (provided it can truly be shown to work) and so on.

What I foresee is a lot of people getting very rich selling credits which most consumers will view as «feel good» coupons which ultimately will have very little impact on the problem of CO2 emissions.

Encourage worldwide caps on emissions, or offer emissions credits, as well as pecuniary incentive for those companies (regardless of country of origin) that go above and beyond the call of duty.

There, James Kanter has a fresh post on developments related to the growing trade in carbon offsets, credits a person or company can buy from someone planting trees or building windmills or the like, which — in theory at least — could compensate for unavoidable emissions of carbon dioxide or other greenhouse gases.

The approach is based on what can clearly be accomplished, rather than relying on indirect strategies for cutting emissions or boosting energy efficiency, including trading systems for emissions credits.

Credits should be auctioned rather than awarded based on grandfathering emissions levels in.

Gates hammered on points reported here for many years: that without a big, and sustained, boost in spending on basic research and development on energy frontiers, the chances of triggering an energy revolution are nil; that while the private sector and venture capital investors are vital for transforming breakthroughs into marketable products or services, they will not invest in the long - haul inquiry that's required to generate game - changing breakthroughs; that a 1 or 2 percent tax on carbon - emitting fuels could generate a large, steady stream of money for invigorating the innovation pipeline; that a declining emissions cap and credit trading system --- if it could survive America's polarized politics --- would have to raise energy costs far beyond what would be politically tenable to generate a similar scale of transformational activity.

Credits are being sold on voluntary carbon - trading markets (for companies and individuals seeking to offset emissions contributing to global warming).

Almost always there are special rules, opt - outs, emission credit allocations, or other provisions that lighten the blow on trade - exposed industries.

TH: And you've actually testified as an expert in front of a Senate committee on climate change, and The Nature Conservancy is also pretty active in emissions trading, or carbon credit trading programs to tackle climate change issues.

Image credit: El País According to El País on sunday, celebraty chef Ferran Adrià is plotting a zero emission premises for his restaurant elBulli on the coast of Catalonia, Spain.

Rising Tide has had a lot of fun with entrepreneurs involved in trading credits earned by cutting greenhouse - gas emissions, recently sending «greenwash guerillas» to root out what it called «carbon traitors» at a conference on carbon trading.]

In fact, the host nation is up on almost all emissions it was supposed to cut back on and had to buy credits from other countries so that it met it's target level.

Again, any policy that actually reduces carbon emissions will earn credit based on its actual contribution under our proposal.

April 21: «碳在中国的未来 (The Future of Carbon in China)» by John Romankiewicz, New Energy Finance, providing an overview on the demand projection for offsets from Chinese emissions reduction projects and look at the current outlook for CDM and disucssing the potential of domestic markets for credits (carbon and otherwise) based on China's NAMA action.

It cites about half a dozen studies on recent emission declines to support the claim that «gas deserves most of the credit for declining U.S. emissions.»

On February 14, 2002, President Bush directed the Department of Energy (DOE) to enhance the «accuracy, reliability, and verifiability» of the Voluntary Reporting of Greenhouse Gases Program (VRGGP), established pursuant to Section 1605 (b) of the 1992 Energy Policy Act, and «to give transferable credits to companies that can show real emission reductions.»

The Rudd Government promised Australians that it would act on greenhouse, instead it is proposing an inadequate and deeply flawed Emissions trading scheme and a fraudulent solar credits scheme.

For energy companies willing to accept some limits on warming gases, one goal is to firm up a market for tradeable credits earned by companies that make sharp cuts in emissions or plant or protect forests, which absorb carbon dioxide.

The audience was similarly made up of likely buyers of emissions credits (Stanwell and other electricity generators), sellers (geothermal and other carbon - free sources) and intermediaries (accounting companies, consulting engineers and so on).

In December, the Tyndall Centre hosted a conference on «radical emissions reductions» that offered some eye - popping suggestions: Perhaps every adult in wealthy countries could get a personal «carbon budget» tracked through an electronic credit card.

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The state is well on pace to meet the emissions targets set by AB 32, which is credited with having spurred developments that contributed $ 48 billion to California's economy over the past 10 years while creating a half million jobs.

Funding will come from a two per cent levy on revenues generated by the clean development mechanism, the scheme allowing industrialised nations to pay for carbon credits produced by emission - reduction projects in the developing world and credit them against their own emissions targets.