Sentences with phrase «pollution emission permits»

WASHINGTON (Reuters)- Most of the pollution emission permits that industry would need under a climate change bill being negotiated in the U.S. House of Representatives will initially be given to companies, instead of sold to them, Representative Mike Doyle said on Wednesday.

Not exact matches

Instead, the numbers — meant to represent average emissions from industrial activities — were incorporated into permits stipulating how much pollution individual facilities could release.

SACRAMENTO — Only two weeks after California voters turned back an effort to suspend the state's program to combat climate change, a cap - and - trade market for greenhouse gas emissions saw its first trade, a swap of a climate - change pollution permit for 2012.

Those that reduce emissions below the cap can sell their excess permits to those sources that fail to meet the targets — the trade part of the market — resulting in an overall reduction of pollution at the lowest economic cost, in theory.

The party opposes «any and all cap and trade legislation» that would create a system of tradable pollution permits designed to reduce industrial emissions of warming gases such as carbon dioxide.

Accordingly, it is possible that in the future, U.S. EPA or individual states may seek (or be required) to regulate carbon dioxide or other GHG emissions from biomass - fired power plants, including requiring such plants to retroactively obtain permits or install pollution control technology.

Courses: Economics: IB, A-level, AS - level, GCSE, International GCSE Ages: 16 + Topics: Common Access Resources / externalities / Emissions trading / cap and trade / pollution permits

Companies that emit these gases, mainly when they burn fossil fuels, would be able to buy and sell emissions permits, an approach called «cap - and - trade» that reward those who find cheap ways to control pollution.

Fifth, the Rudd government has designed a scheme in which every tonne of emissions saved by households frees up an extra permit for the aluminium or steel industry to expand their pollution.

In the 1980s, tradable - permit systems were used to accomplish the phasedown of lead in gasoline -(at a savings of about $ 250 million per year), and to facilitate the phaseout of ozone - depleting chloroflourocarbons (CFCs); and in the 1990's, tradable permits were used to implement stricter air pollution controls in the Los Angeles metropolitan region, and — most important of all — a cap - and - trade system was adopted to reduce sulfur dioxide (SO2) emissions and consequent acid rain by 50 percent under the Clean Air Act amendments of 1990 (saving about $ 1 billion per year in abatement costs).

A tradable permit is an economic policy instrument under which rights to discharge pollution - in this case an amount of heat - trapping gas (greenhouse gas) emissions - can be exchanged through either a free or a controlled permit - market.

Emission fees or caps on total pollution, potentially with tradable emission permits, are examples of ways we could use to help remove this barrier.

States can draw from a number of options, including joining or starting a cap - and - trade program, which sets limits on emissions, then allows for the purchase and sale of pollution permits; boosting their share of renewable energy in electricity generation; and tightening efficiency standards on plants and energy users.

The study, by carbon trading thinktank Sandbag, found that a huge oversupply of carbon pollution permits means many are being banked to enable emissions after 2020, when efforts to tackle global warming should be intensifying.

He's also spoken out against a Democratic bill that passed the House in 2009 that would have limited emissions of greenhouse gases and created a market for pollution permits to be bought and sold.

A regular criticism of Emissions trading (that I have heard) is that it constitutes a «privatisation of the atmosphere» i.e. purchasing an emissions permit is effectively purchasing a chunk of air into which you can dump your carbon pEmissions trading (that I have heard) is that it constitutes a «privatisation of the atmosphere» i.e. purchasing an emissions permit is effectively purchasing a chunk of air into which you can dump your carbon pemissions permit is effectively purchasing a chunk of air into which you can dump your carbon pollution.

He added that even if the EPA were forced to regulate greenhouse gases, it would target emissions from coal - fired power plants and then vehicles — which combined account for about half of the nation's global - warming pollution — before requiring smaller operations to apply for new emissions permits.

Starting in 2012, the agency implemented a statewide cap - and - trade system that imposed a ceiling on greenhouse - gas emissions across key sectors and then distributed a fixed number of tradable pollution permits to businesses.

Cap - and - trade means a declining «cap» on total emissions, while allowing trading of pollution permits.