Sentences with phrase «price on carbon emissions»

In my opinion, and in the view of most economists, those steps must be accompanied by a rising price on carbon emissions if we hope to stabilize atmospheric composition.
Companies should also take measures such as cutting methane leaks, lobby for an effective price on carbon emissions and invest in carbon capture and storage (CCS), she said.
This idea of a «global carbon budget» — a precursor to a possible global price on carbon emissions — was endorsed by the group for the first time.
A rising price on carbon emissions is the essential underlying support needed to make all other climate policies work.
And in this context, that premium should be included in a market price on carbon emissions.
«We are calling on policy - makers to respond to the prospect of triggering future climate tipping points by applying the brakes now and putting a high price on carbon emissions before it is too late,» says one of the authors, Tim Lenton, professor of climate change and earth system science at the University of Exeter.
As unforeseen price fluctuations have left the European emissions market without enough incentives to sufficiently reduce carbon emissions even from sectors covered by the ETS, France is already pushing for a regional minimum price on carbon emissions for the power sector.
is already pushing for a regional minimum price on carbon emissions for the power sector.
Many recommend putting an internal price on carbon emissions as a simple way to identify when it becomes financially prudent to move from carbon reduction to offsetting — ensuring money is always spent where it will have maximum impact.
Starting in 2017, Alberta will apply a $ 20 - a-tonne price on carbon emissions that will cover about 90 per cent of the economy, including essentials such as gasoline and home heating fuel.
Prime Minister Kevin Rudd said he wants the fixed price on carbon emissions to end on June 30, 2014.
CO2 from oil can be further limited via a gradually increasing price on carbon emissions that discourages industry from going to the most extreme environments in the world (such as the Arctic National Wildlife Refuge and Antarctica) to extract every last drop of oil.
It waxes positively about the New Zealand emissions trading scheme, while failing to note that any further extensions have been indefinitely delayed and the local price on carbon emissions is currently well south of $ 10.
The report also says that current policy «imposes a high and inefficient price on carbon emissions across a number of economic sectors.
That's a real benefit worth paying for (more than fancy wheels, in my opinion), and it would be worth even more if we put a reasonable price on carbon emissions.
It has been argued that a scenario phasing out carbon emissions fast enough to stabilize climate this century, limiting further warming to a maximum of several tenths of a degree Celsius, is still possible, but it would require a rising price on carbon emissions sufficient to spur transition to a clean energy future without burning all fossil fuels (33).
While the imposition of such a high price on carbon emissions is outside the realm of short - term political feasibility, a price of that magnitude is not required to engender a large change in emissions trajectory.
The world is warming at an alarming rate, and scientists and economists agree that putting an effective price on carbon emissions is the single most important thing we can do to reverse this trend.
And increasingly businesses [see the UN Global Compact's Business Leadership Criteria on Carbon Pricing] are putting an internal price on carbon emissions, which is a great way to identify and channel investment to drive down greenhouse gas emissions in most efficient way.
Responsible policymaking requires a rising price on carbon emissions that would preclude emissions from most remaining coal and unconventional fossil fuels and phase down emissions from conventional fossil fuels.
Nations or regions could meet the obligation of a minimum price on carbon emissions... a tax, a cap - and - trade system, a hybrid system, or....»
Coal remains cheaper, but when you factor in the reduced capital cost (gas plants cost between a quarter and a third what coal plants of equivalent output do), the life - cycle costs point to gas, even in the absence of a price on carbon emissions.
commissioned by Clean Energy Canada last fall found that most respondents support or somewhat support the idea of putting a price on carbon emissions (59 %).
A majority of Canadians (59 %) support or somewhat support a price on carbon emissions, and 62 % support or somewhat support a minimum carbon price that applies across Canada.
The survey found that most respondents support or somewhat support the idea of putting a price on carbon emissions (59 %).
Through the following op - ed in Thursdayâ $ ™ s Toronto Star, the United Steelworkersâ $ ™ Canadian Director makes the case for a carbon tariff. It is now widely accepted that the struggle against global warming will involve placing a price on carbon emissions.
John Williamson of Canadians for Affordable Energy argues forcefully in a recent Maclean's piece that putting a price on carbon emissions will harm Canada's economy and put our firms at a competitive disadvantage.
Adding a price on carbon emissions at even a «modest» level of $ 25 per ton would make new nuclear energy competitive with coal and natural gas even if the risk premium remains, the MIT study concludes.
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.
Should the government impose a price on carbon emissions, whether it is a tax or cap - and - trade system, CO2 - free sources, such as nuclear energy, will become even more competitive.
And Rex Tillerson, the ExxonMobil chief nominated as secretary of state, has supported the idea of putting a price on carbon emissions.
The 72 - year - old has also been arrested five times in protests against the continued burning of fossil fuels or to demand that the United States put a price on carbon emissions.
Driving the industry, investors say, are consumer interest in the environmental and economic benefits of energy efficiency, corporate sustainability mandates and essentially a bet that at some point there will be a price on carbon emissions.
For example, Paul is against putting a price on carbon emissions, something that climate policy experts and more than a few multinational companies are nearly unanimous in supporting.
He also called for the U.S. government to tax or put a price on carbon emissions in order to encourage private investment in clean energy and curb climate change.
«We need to put a price on carbon emissions, which makes fossil fuels pay their true costs to society,» Hansen added.
This is why there is a consensus among economists with expertise in climate that we should put a price on carbon emissions (Figure 8).
In our case, that is a price on carbon emissions — what you may call a carbon tax.
But it is also clear that, absent a price on carbon emissions, as the price of energy rises, the amount of economically extractable fossil fuels increases, including unconventional fossil fuels.
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