Sentences with phrase «price on carbon fuels»

Until the governments properly price carbon pollution it is left to climate concerned citizens to try anything they can to impose pollution pricing on carbon fuels.

Not exact matches

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.
Or maybe she was concerned that mentioning lower prices for carbon fossil fuels would undermine her arguments on the environment.
However, the Pan Canadian Framework on Clean Growth and Climate Change lays out a number of policies that will compel more clean tech innovation in Canada, he said, including a price on pollution with a carbon price, to be in place across Canada by the start of next year, as well as a promised national clean fuels strategy, better energy efficiency standards and limits on greenhouse gases like methane.
«Building on Ottawa's earlier commitments to set a national carbon price, establish a clean fuel standard and to phase out traditional coal power, these measures will help Canada make the transition from fossil fuels to clean energy.
The logic behind carbon pricing — most likely either a tax on fossil fuels or a cap - and - trade system that allows companies to sell emission permits back and forth — is powerful.
Canada's coming national price on carbon adds further fuel to the debate, as some will be looking for Canadian industries affected by the carbon price to get protections, maybe even in the form of a carbon tax applied at the border on goods coming from places in the U.S. where there is no such policy.
Exhibit A is a price on carbon, a foundational policy that rewards clean innovation and curbs demand for fossil fuels.
The conclusions are based on a model accounting for fuel prices, GHG allowances and the payback period of technologies such as combined heat and power and carbon capture and storage.
Further steps could include pushing for more renewable energy; an aggressive cut in the use of coal and natural gas to make electricity; wider use of electric cars, biofuel, and hydrogen fuel; changes in farming practices; and putting a price on carbon pollution.
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.
«Maybe we can have the best of both worlds: a price on carbon to create an innovative environment for clean technology in California and keep businesses within state lines and not cause an adverse impact on consumers through radically higher prices for transportation fuels or electricity.»
We urge Congress to set a cap on fossil - fuel production before Copenhagen, phase in a price on carbon at its source and send the proceeds back to the taxpayer.
«What we find is that sustained low or high oil prices could have a major impact on the global energy system over the next several decades; and depending on how the fuel substitution dynamics play out, the carbon dioxide consequences could be significant.»
$ 8 billion) over first ten years for deficit reductionObeys PAYGO; Starting in 2026, 25 % of auction revenues for deficit reductionFuels and TransportationIncrease biofuels to 60 million gallons by 2030, low - carbon fuel standard of 10 % by 2010, 1 million plug» in hybrid cars by 2025, raise fuel economy standards, smart growth funding, end oil subsidies, promote natural gas drilling, enhanced oil recoverySmart growth funding, plug - in hybrids, raise fuel economy standards $ 7 billion a year for smart growth funding, plug - in hybrids, natural gas vehicles, raise fuel economy standards; offshore drilling with revenue sharing and oil spill veto, natural gas fracking disclosureCost ContainmentInternational offsetsOffset pool, banking and borrowing flexibility, soft price collar using permit reserve auction at $ 28 per ton going to 60 % above three - year - average market price» Hard» price collar between $ 12 and $ 25 per ton, floor increases at 3 % + CPI, ceiling at 5 % + CPI, plus permit reserve auction, offsets like W - MClean Air Act And StatesNot discussedOnly polluters above 25,000 tons of carbon dioxide equivalent a year, regional cap and trade suspended until 2017, EPA to set stationary source performance standards in 2016, some Clean Air Act provisions excludedOnly polluters above 25,000 tons of carbon dioxide equivalent a year, regional cap and trade pre-empted, establishes coal - fired plant performance standards, some Clean Air Act provisions excludedInternational CompetitivenessTax incentives for domestic auto industryFree allowances for trade - exposed industries, 2020 carbon tariff on importsCarbon tariff on importsReferences: Barack Obama, 2007; Barack Obama, 8/3/08; Pew Center, 6/26/09; leaked drafts of American Power Act, 5/11/10.
These fossil fuels are subject to a «carbon price support rate» based on carbon content which will create in essence a carbon price floor.
«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.»
carbon price floor tax: a tax on fossil fuels used in electricity generation.
Calling fossil fuels an antiquated technology, like whale oil, Mann points out that alternative energy is growing even without subsidies or a price on carbon.
Putting a price on pollution can incentivise the phase - out of fossil fuels, but the existing carbon markets have so far not delivered a high enough price to drive the transition to...
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.
On one hand, the downturn may give policymakers the incentive to obscure the costs of climate regulation, leading to the adoption of a patchwork of regulatory requirements, a low carbon fuel mandate, a renewable portfolio standard, and other measures that would be significantly more costly than a simple price on carboOn one hand, the downturn may give policymakers the incentive to obscure the costs of climate regulation, leading to the adoption of a patchwork of regulatory requirements, a low carbon fuel mandate, a renewable portfolio standard, and other measures that would be significantly more costly than a simple price on carboon carbon.
Let's pay tribute to Gary's exemplary life: We can address climate change by working to get a price on carbon, which will reduce fossil fuel consumption and promote renewables.
By the 2040s, the Blueprints world sees renewable energy technologies compete on price against fossil fuels, which are well managed with carbon capture and storage.
In the long run I don't think we will succeed in getting transportation of oil by trying to stop oil production on a site - by - site basis, we are going to have to put a high price on transportation fuels that have high carbon emissions and get much more serious about driving energy innovation they can get the transportation system off carbon.
A carbon tax will make fossil fuel prices come closer to covering full cost, incorporating some of those fuels» currently - excluded costs: our dependence on and enrichment of oil - country despots, huge military costs of protecting distant oil operations and transport, health costs from emissions other than CO2, etc., etc., etc.....
The other thing not mentioned above is that the most fundamental problem, which I keep repeating, is this: as long as fossil fuels are the cheapest energy, somebody will keep burning them — implication, we must put a rising price on carbon.
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.
One hazard is that the price of carbon could suddenly plummet — as it did in the European system in 2006 because of a glut of credits on the markets — prompting a swift return to burning more fossil fuels.
We need to maintain that downward trend by imposing a substantial carbon tax on motor fuels, which would keep the price up and the demand down.
-- Put a sufficiently high price on carbon and deliver the G - 20 commitment to phase out fossil fuel subsidies, using these funds to contribute to the several hundred billion US dollars per year needed to scale up investments in renewable energy.
To achieve these goals, the report recommended that the federal government implement a nationwide price on carbon and eliminate subsidies to Canada's fossil fuel industry — particularly, its tar sands industry.
Companies that rely on producing biofuels and / or synthetic hydrocarbon fuels as a pathway to carbon removal will face increasing economic challenges with low oil prices.
Did you know that many states are talking about putting a price on carbon emissions from fossil fuels?
Even a Congress controlled by Democrats will not put a price on carbon, so the Executive Branch has no other practical choice but to use the legal authority it already has in its hands via the Clean Air Act if it wants to get the job done of raising carbon fuel prices and constraining carbon fuel supplies.
Now is the time to cut fossil fuel subsidies and implement a carbon tax, it argues, as the low oil price reduces the policies» effect on consumers.
Because energy prices affect every single America, everyone has a stake in the issue of whether the government imposes additional restrictions on fossil - fuel use, including carbon pricing schemes such as those proposed by PRG.
A steadily rising fee on the production of fossil fuels based on the carbon emissions that will be released when they are burned will raise the price of fossil fuels, not all energy options.
A price on carbon would go a long way to making clean energy sources cost - competitive with traditional fuels, but it is not the only policy tool necessary to reduce carbon emissions.
There was some bad news for Drax recently as the UK government decided that biomass subsidies would not keep climbing as the «carbon price floor» — levied on fossil fuel production (and due to rise further)-- on electricity consumption has caused a backlash from manufacturers, consumer groups and energy suppliers who are concerned that the «tax will push up prices, make the UK uncompetitive and force the premature closure of coal - fired power plants, increasing the risk of blackouts.»
With the recent steep fall in oil prices and associated declines in other energy prices, the stars are aligned for adopting a carbon tax on consumption of fossil fuels, Lawrence Summers, a former treasury secretary and presidential adviser, says in the Washington Post.
Generally speaking, environmentalists support the idea of putting a price on carbon because it would help account for the harmful effects of carbon emissions on the climate and encourage the economy to shift away from fossil fuels.
But if the industry wants to surpass coal and fulfil its role as a «transition fuel», it should lobby for a carbon price to help it on its way.
«The side event shed light on actions taken by different countries regarding carbon pricing and fossil fuel subsidy reform measures and tools, and how such efforts need to be further reinforced to address fossil fuel subsidies.»
It is impossible to reach the President's highly ambitious goals within the relatively short timeframes he desires unless the US Government puts a stiff price on carbon and unless it takes a series of coordinated actions which have the effect of directly or indirectly limiting the supply, availability, and consumption of all carbon fuels.
Even with the Guardian's welcome campaign, the world still needs a transparent price on carbon pollution to strangle demand for fossil fuels by replacing them with non-carbon alternatives.
Putting a price on pollution can incentivise the phase - out of fossil fuels, but the existing carbon markets have so far not delivered a high enough price to drive the transition to...
Republicans generally argue that a carbon tax would hurt the economy by boosting energy prices on fossil fuels, but some conservatives have supported the idea as a way to offset lower personal taxes.
For energy specifically, full - cost pricing means putting a tax on carbon to reflect the full cost of burning fossil fuels and offsetting it with a reduction in the tax on income.
The most straightforward form of carbon pricing is a carbon tax, which, in its simplest version, imposes a fee on every ton of carbon that enters the economy («upstream,» on fossil fuel producers and importers, as opposed to «downstream,» on fossil fuel consumers).
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