Sentences with phrase «pollution allowances»

Establish an economy - wide GHG cap - and - trade system that auctions 100 percent of carbon pollution allowances, promotes energy efficiency and accelerates clean energy technologies.

This argument is especially galling to EPA's supporters, because under President George W. Bush's administration, when Holmstead himself was an EPA official in charge of air pollution programs, the agency tried to regulate mercury pollution using a similarly flexible system of pollution allowance trading.

The students have raised $ 20,500 to buy so - called pollution allowances at the U.S. Environmental Protection Agency's annual auction at the Chicago Board of Trade this week.

While the Lieberman - Warner bill gives far too many pollution allowances back to polluters, it has some smart ideas for the use of auction revenue, like creating matching funds to incentivize states to implement good efficiency policies.

Cap and trade calls for governments to issue pollution allowances, or permits, to businesses that can be traded on the open market.

A few Democrats, particularly those representing poorer industrial areas, were deeply suspicious of cap - and - trade policies to rein in greenhouse gas emissions, arguing that their constituents would be hurt when a local polluter simply paid for pollution allowances rather than cutting back on the pollution itself.

Ms. Lee of Chatham House said there was «a strong and growing appreciation by E.U. governments» that the revenues generated from selling pollution allowances could help them to balance their own budgets, as well as fund climate - related initiatives.

For example, companies that manufacture energy - intensive goods and are subject to carbon costs in Europe, Australia, New Zealand, California, and Quebec are also eligible for free pollution allowances and other government - provided compensation to shield them from competitive risk.

A system to cap carbon emissions and then create a market for the trading of pollution allowances is the centerpiece of President Barack Obama's proposal to fight global warming.

Trees worth more dead than alive Unlike the House version of the climate bill, which set aside 5 percent of all pollution allowances to pay for tropical forest conservation, the Kerry - Lieberman legislation aspires to the same goal of conserving forests but devotes no specific funding to the effort.

The auction part isn't to see who wants the right to pollute more next year — nearly all of the pollution allowances in the program for 2013 have already been given to utilities and industry in the state — rather the auction is to determine what price the market will bear for the carbon.

The resistance by Lincoln and her Senate colleagues undercuts President Barack Obama's effort to win passage of legislation that would cap carbon dioxide emissions and establish a market for trading pollution allowances, said Peter Molinaro, the head of government affairs for Midland, Michigan - based Dow Chemical Co., which supports the measure.

It would be better to auction 100 % of the pollution allowances and use the revenue to invest in clean energy and protect consumers.

Two - thirds of the revenues generated by auctioning off pollution allowances for utilities would be returned to consumers through local distribution companies.

Oil companies will be subject to pollution allowances that will be retired over time, rather than a linked fee.