Sentences with phrase «price on carbon dioxide emissions»

In the absence of a price on carbon dioxide emissions, the cheapest method of generating electricity is a coal fired power station.
That is why economists across the political spectrum support an efficient market - based solution that would impose an economy - wide price on carbon dioxide emissions.
The Galileo Movement's primary aim is to oppose any price on carbon dioxide emissions, or any carbon tax or carbon trading scheme in Australia.
John M. Deutch, a professor at the Massachusetts Institute of Technology, and a former director of central intelligence, said there was little point in criticizing oil companies without first establishing federal rules that set a price on carbon dioxide emissions.
Eric Pooley, the deputy editor of Bloomberg Businessweek, spent long stretches of the last three years immersed with a variety of combatants in the intensifying battle over legislation aimed at putting a price on carbon dioxide emissions.
But the report's author, Thomas Kerr, warned that this was a transitory pulse when sustained growth was needed, particularly given signs that no global price on carbon dioxide emissions was likely any time soon.
It took a decade for those seeking a rising price on carbon dioxide emissions as a means to transform American and global energy norms to realize that a price sufficient to drive the change was a political impossibility.
«Fighting climate change successfully will certainly require sensible government policies to level the economic playing field between clean and dirty energy, such as putting a price on carbon dioxide emissions.
And coal disappears from the map if you add the environmental and public health costs associated with various energy sources (the third map), including a $ 62 per metric ton price on carbon dioxide emissions.
Key finding: innovation + policy = economic growth A third scenario includes a $ 30 per ton price on carbon dioxide emissions from power plants, redistributed to taxpayers through proportional tax payments.
Eliminating this financial risk premium makes nuclear power levelized electricity cost competitive with that of coal, and it becomes lower than that of coal when a modest price on carbon dioxide emissions is imposed,» the report says.

Not exact matches

A senior oil executive is urging federal and provincial governments to put a significant price on carbon dioxide to encourage the industry to reduce emissions even as it increases production and accesses new and growing markets.
«If you choose to focus in the management plan on reducing carbon dioxide emission slightly, you'll achieve a significant environmental gain for a very small price,» says Associate Professor Petersen.
More than 40 mainly developed countries, including New Zealand and members of the European Union, have, or are in the process of developing, markets to help cut their output of climate - warming emissions by putting a price on carbon dioxide.
«We won't see a significant shift away from fossil fuels in the energy industry until an honest price is imposed on carbon - dioxide emissions
A couple of years later, after the industry was turned upside down by soaring oil prices and economic turmoil, governments began mandating tough new limits on fuel economy and carbon - dioxide emissions.
With nuclear providing always - on electricity that will become more cost - effective if a price is placed on heat - trapping carbon dioxide emissions, utilities have found it is now viable to replace turbines or lids that have been worn down by radiation exposure or wear.
Right now, the D.C. City Council is considering introducing a price on carbon that would significantly drive down carbon dioxide emissions in our city — while giving revenue directly back to District residents.
introduced the «Managed Carbon Price Act of 2012» (MCP), a bill imposing a tax on carbon dioxide - equivalent greenhouse gas (GHG) emissions from producers of coal, oil, and natural gas, refineries, and other covered sources.
When US President Obama announced revised regulations on reducing carbon dioxide emissions from US power plants on August 3, 2015 in a laudable speech supporting the new rules, as he predicted opponents of US climate change policy strongly attacked the new rules on grounds that they would wreck the US economy, destroy jobs, and raise electricity prices.
A carbon tax, by contrast, does not set a cap on emissions, but rather sets a price to penalize carbon dioxide emissions.
Also included in these projections are associated data on fuel prices, renewable capacity, and carbon dioxide (CO2) emissions.
So if you put a price on carbon that is commensurate with the damage that carbon - dioxide emissions cause, then people will be smarter.»
The report argues that only firm action, including putting a price on carbon - dioxide emissions, will avoid more catastrophic events.
Current and envisaged carbon dioxide permit prices of less than 50 Euros per tonne will have little impact on the demand for flights - and hence will barely affect the rapid growth in aviation emissions.
Even if governments successfully put a high price on carbon, doing so would not dramatically reduce carbon dioxide emissions.
And this cost projection assumes optimal conditions — the immediate implementation of a common global price or tax on carbon dioxide emissions, a significant expansion of nuclear power and the advent and wide use of new, low - cost technologies to control emissions and provide cleaner sources of energy.
I am involved in a community radio program for the unemployed in Wollomngong and last November we started to discuss the fallacy of the carbon dioxide catastrophic glogal warming hypothesis and the catstrophic consequences for employment in Wollongong if ever a price was put on carbon dioxide emissions.
Most notably, the platform that delegates will be asked to endorse at the Democratic Party convention, which starts on July 25 in Philadelphia, calls for putting a price on emissions of carbon dioxide and other greenhouse gases.
While it may remain profitable to build renewable energy installations, incentives against cutting carbon emissions were not strong enough: Prices for allowances to emit carbon dioxide have dropped and cheap gas in the United States is pushing an additional supply of hard coal on the market, reducing coal prices to their lowest in four years and incentivising utilities to sell more power from brown - and hard coal - fired power staPrices for allowances to emit carbon dioxide have dropped and cheap gas in the United States is pushing an additional supply of hard coal on the market, reducing coal prices to their lowest in four years and incentivising utilities to sell more power from brown - and hard coal - fired power staprices to their lowest in four years and incentivising utilities to sell more power from brown - and hard coal - fired power stations.
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