Sentences with phrase «own emissions trading system»

The EU Emissions Trading System gives countries wriggle - room in meeting environmental targets.

Along with most people who recognise the reality of climate change, I do not doubt that markets and private property rights have, or can have, an important role to play in handling the problem, e.g., through suitably designed emissions trading systems and the like.

Only the EU Emissions Trading System and the carbon price floor were opposed by a clear majority of voters from across the political spectrum, though even then it is highly doubtful that very much political capital can be gained by abolishing measures equivalent to an annual average cost of # 13 per household, (see pie chart graph).

Certified Emissions Reduction credits (CERs) produced by the UN's Clean Development Mechanism; European Union Allowances (EUAs) produced by the European Union's Emissions Trading System (EU ETS), and Emissions Reduction Units (ERUs) produced by the UN's Joint Implementation mechanism.

In «Let them eat carbon» Sinclair reveals the financial implications of regulations such as the Renewables Obligation and the EU Emissions Trading System (EU ETS).

Farmers were still trying to understand how agriculture would play into the emissions trading system, Niles said.

The first carbon market was the European Union's Emissions Trading System (ETS), set up as a result of the Kyoto protocol.

China could both benefit from the lessons of earlier efforts, such as Europe's flagship carbon market — the world's largest, known as the European Union Emissions Trading System, or ETS.

McConnaha said the study would draw on existing research that has informed existing cap - and - trade programs, including California's, the Regional Greenhouse Gas Initiative in the Northeast and the European Union's Emissions Trading System.

Speaking at the National Geographic Society in Washington, D.C., Clinton proposed an international «emissions trading system» that would allow companies in developing countries to buy the right to pollute from companies with cleaner technologies.

This year, China may unveil its own emissions trading system, which could be the largest carbon pricing initiative in the world.

It gained urgency after the failure of the 2009 legislation known as the Waxman - Markey bill, which was aimed at setting up an emissions trading system in the United States.

In 2015, the fixed tax will be replaced by a market - based emissions trading system, similar to that in the European Union.

Wooing the Reluctant Warts and all, emissions trading systems that are emerging from the bottom up are playing a key role in the drive to protect the climate.

For now, the European emissions trading system has emerged as the core of a nascent global market because it features the strongest institutions and exchanges the greatest volume of credits.

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.

Launched in 2005, the European Union's Emissions Trading System sets a limit on the combined emissions from Europe's power stations, which gradually declines each year.

It enacted the world's first multisector cap - and - trade system in 2001, which informed the European Union's Emissions Trading System that premiered in 2005 and is now in its second commitment period.

Today, the European Parliament adopted its position on aviation's role under the EU Emissions Trading System (EU ETS).

At the same time in Brussels, the EU's Emissions Trading System (EU ETS) revision is drawing to an end.

Introduction The Climate Action Regulation (CAR), also known as the Effort Sharing Regulation, is Europe's tool to reduce the climate impact of sectors not covered by the EU Emissions Trading System (EU ETS).

Business body calls on government to remain close to EU's internal energy market, Euratom, and Emissions Trading System

Executive summary In autumn 2017, the EU Member States and the European Parliament agreed on the revision of the EU Emissions Trading System (EU ETS), setting out the scheme's rules for the 2021 - 2030 period.

Almost two decades later, in 2016, following the landmark Paris Agreement and the inclusion of aviation in the EU's emissions trading system, ICAO adopted the Carbon Offsetting and Reduction Scheme for International Aviation, or CORSIA.

More on Carbon Trading: Bad News for Cap and Trade Foes: Europe's Emissions Trading System WORKS Cap and Trade Won't Break the Bank: Climate Bill Would Actually Cut the Deficit

Climate Change — One Year of Emissions Trading On the background of rising CO2 emissions, particular emphasis is put on major instruments of climate change mitigation: The Compendium analyses the first full year of regulated emissions trading in the European Union Emissions Trading System (EU - ETS).

The European Union, home of the EU Emissions Trading System, hosts the largest number of buyers — both compliance - driven and voluntary — since even companies in unregulated sectors are more familiar with market - based mechanisms for emissions reductions.

China's emissions trading system may be a potential model for achieving CO2 reductions in a developing country.

Managing obligations under the emissions trading system is a challenge for many European businesses.

She is in Australia to tell us how good Europe's emission trading system is and why we should do something similar.

His current areas of research focus are: climate geoengineering; international climate change litigation; adaptation strategies to address climate change, with a focus on the potential role of micro-insurance; and the effectiveness of the European Union's Emissions Trading System.

The European Environmental Markets, a new spot trading platform for European Union Emissions Trading System participants, is betting the problems that have plagued the granddaddy of carbon trading programs are a thing of the past.

The EU has a cap - and - trade carbon market, the $ 148 billion, eight - year - old Emissions Trading System (ETS).

It also calls for a strong signal on the EU level for proper functioning of the European Emissions Trading System (EU - ETS) and a new market - oriented electricity market design on the federal level and in the states.

Linking the Emissions Trading Systems in EU and California.

Ahlberg, M. et al. (2013) Linking Different Emissions Trading Systems — Current State and Future Perspectives.

Kachi, A. et al. (2015), Linking Emissions Trading Systems: A Summary of Current Research.

This «linking» of two or more emission trading systems (ETS) creates a larger carbon market, which can provide the participating regions with more cost efficient options to reduce their emissions.

Yesterday, I spoke at a CEDA (Committee for the Economic Development of Australia) lunch on the topic «What would life be like with an emissions trading system for Australia».

Jeong spent eight years working for SK Energy co., LTD. in Seoul, where she managed a number of projects including the establishment of a greenhouse gas inventory system and South Korea's first internal greenhouse gas emission trading system, among other things.

In order to get back on track with decarbonisation of the electricity sector in a manageable way, policymakers across the EU will have to address this market failure by turning the focus from subsidies back to the emissions trading system.

California will have the world's first economy - wide emissions trading system beginning next year, as it extends that program to include transportation fuels.

The Commission sees the EU ETS as an important building block for the development of a global network of emission trading systems.

«A lot of people would rather do emissions trading systems, but we believe that carbon taxation would be a lot better,» she said.

(Of course, the largest emissions trading program in the world is now the European Union Emissions Trading System (EU ETS), a greenhouse - gas, cap - and - trade system that was implemented in 2005 and whose design was influenced by the U.S. SO2 program.)

This sets in train a process that could potentially lead to a cap on the number of allowances dealt on the EU Emissions Trading System (EU ETS) aligned with the objective of keeping global warming «well below 2C».

Thus, today there's a keener appreciation that cap - and - trade regimes such as Europe's ambitious Emissions Trading System have been costly failures, with one study suggesting the E.T.S. had «limited benefits and embarrassing consequences» in terms of emissions — at an estimated cost to consumers of some $ 280 billion.

The EU Emissions Trading System (ETS) for carbon dioxide (CO2) is the largest worldwide.

The aim of the EU Emissions Trading System (EU ETS) is to help EU Member States achieve their commitments to limit or reduce greenhouse gas emissions in a cost - effective way.

We develop a framework to analyze the economic implications and emissions market outcomes of linking emissions trading systems with different features, including stringency, and apply it to the potential linking of the California and RGGI trading programs.