Sentences with phrase «pricing achieves emission reductions»

Carbon pricing achieves emission reductions at the lowest overall cost to society (i.e., it is economically efficient).

Not exact matches

By putting a price on each ton of pollution emitted, the market sends a strong signal to innovate to achieve emission reductions through methods that cost less than the cost of emitting the pollution.
To give you an idea, the Gillard government says that by pricing carbon it will achieve a 5 % emission cut by 2020 that amounts to a 159 million tonne reduction in greenhouse pollution.iv According to the government this is equivalent to removing 45 million cars from the road.
Achieving a 28 % reduction in US emissions by 2025 can not be done without aggressive government intervention in the energy marketplace to raise the price of all carbon fuels and to constrain their supply, thus encouraging both significant energy conservation measures and an accelerated move towards adopting non-carbon energy resources.
The cost of emissions reductions achieved by using them is typically several times what the UK Government has identified as an appropriate price to pay.
The federal government has proposed rules to control emissions and set a target of achieving a 40 -45-percent reduction below 2005 levels by 2020 — something we can do at bargain prices.
The whole argument for an emissions trading scheme as opposed to cutting emissions via a carbon tax or simply by regulation is that it is cheaper - in other words electricity prices will rise by less to achieve the same level of emission reductions.
Provincial governments are urging Ottawa to focus its effort on spending in areas that achieve emissions reductions and on regulation, rather than intruding in the carbon - pricing field.
Carbon pricing instruments are a policy option that a growing number of countries and regions are utilizing to implement new and complement existing national climate and energy policies and to achieve emission reductions.
The mirror image of a tax is indeed a subsidy, and two potential price - based approaches to achieving greenhouse gas emission reductions are the use of climate - friendly subsidies and the elimination of problematic subsidies that exacerbate the climate problem.
But independent analysis by the Stanford Energy Modeling Forum suggests that Sanders» carbon tax proposal would establish a price on carbon one - third of what would be necessary to achieve the 80 % reduction in emissions that he claims.
But Romm never grapples with why cap and trade can not achieve large emissions reductions, which is that voters and policymakers will not raise the price of fossil fuels high enough to make clean energy cost competitive.
ClimateCare has helped hundreds of clients achieve emissions reductions at scale, at a competitive price, and report measurable impacts such as environmental protection, improved health, employment generation and much more.
One way to achieve massive multilateral reductions in greenhouse gas emissions is to create undistorted markets in which trade can flourish and price signals be properly transmitted.
In the context of California, regulators worry that a carbon price will induce the further import of carbon intensive electricity from surrounding states (which do not currently carry a carbon price) thereby increasing the carbon emissions of those states and eroding a portion of the reductions achieved in California.
That is, we have a better idea about how much we want to reduce greenhouse emissions than we do about what it would cost to achieve those reductions, so therefore an absolute limit on emissions is better than a fixed price on emissions.
More broadly, as long as the tax is beneath the SCC, alternative uses of the revenue can a) achieve cost - effective emission reductions beyond what the tax achieves on its own, and / or b) loosen political constraints, allowing the carbon price to rise.
Inevitable, the costs to achieve the target emissions reductions would be much higher and the benefits would not be delivered (because it is highly unlikely the world will agree to a global carbon price).
The price increase would be far higher, in the real world, to achieve a given reduction in emissions.
Carbon pricing is a nice way to help Australia achieve a mid-range emissions target, such as a reduction of 5 - 25 % by 2020, but it is not going to drive the deep, rapid changes required to meet long - term emissions goals.
What we did say was that carbon regulations and pricing, while sufficient to achieve modest reductions in global carbon emissions, would not be sufficient to achieve the deep reductions that climate scientists and environmental organizations, including your own, have called for.
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