Sentences with phrase «sell emission credits»

It is said that the right of Eastern European countries to sell emission credits allows them not to have to reduce their greenhouse gas emissions.
Some argued that Putin gained more by selling emission credits.
In reality, Tesla made 68 million dollar that year selling its emission credits to other car companies, without which, Tesla would have made a loss.

Not exact matches

Tesla also collects hundreds of millions from competing automakers by selling environmental credits in California and more than half a dozen other states to car companies that can't meet the states» «zero emissions» sales mandates.
If the effects of the European emissions trading scheme (ETS)- which gives industries pollution credits to use or sell - are included, this reduction would be 23.6 per cent.
The report accepts minister's efforts to include aviation in the EU emissions trading scheme, where firms would be given a certain allocation of carbon credits to buy and sell on the open market, but warns this is still «years away».
Since the Kyoto protocol came into force in 2005, companies in the developing world can generate greenhouse gas emission reductions and sell them as «carbon credits» in the developed world through such mechanisms as the European Union's Environmental Trading Scheme (EU ETS), which is similar to schemes in Japan and New Zealand.
If the UNFCCC is happy with the project, it issues us with a certificate for a number of carbon credits (1 tonne of carbon, or the equivalent, abated equals 1 carbon credit) which can then be sold to companies who need to reduce their net emissions.
Tao says that his team cooperates with carbon trading experts to credit the emissions data and hopes to sell the credits to whoever needs them to offset his carbon footprint.
Nor is the problem confined to the private sector; the government of Hungary explicitly sold carbon credits to Japan that had already been used to offset domestic emissions — in effect, double counting the same theoretical emission reductions.
(A credit for a ton of CO2, called a certified emissions reduction, has been selling for about $ 15 in Europe.)
The CDM - the U.N.'s main carbon market set up by the Kyoto Protocol - has helped to channel almost $ 400 billion to carbon - cutting projects in the developing world by allowing investors to earn credits they can sell for use in meeting emission targets in richer nations.
«(B) international offset credits may be sold at a strategic reserve auction under this subsection only if the Administrator determines that it is highly likely that covered entities will, to cover emissions occurring in the year the auction is held, use offset credits to demonstrate compliance under section 722 for emissions equal to or greater than 80 percent of 2 billion tons of carbon dioxide equivalent;
It will basically allocate a certain amount of carbon emissions to corporations, and if they come in under their targets, they will be able to sell these credits to corporations that need more carbon.
what ever you said is true mr CVEI No government subsidies, incentives, or mandates (CARD zero emission credit selling for example) equals no Tesla.
No government subsidies, incentives, or mandates (CARD zero emission credit selling for example) equals no Tesla.
I would say that Tesla's day's in the monopolistic sun are numbered - more than 120 electric car models have been promised to appear over the next several years and Tesla has ZERO patents to protect itself and has run out of govt subsidies in the U.S. - they are going to have to compete against companies whose cars have a $ 7500 price advantage and will be unable to continue raping the consumer by selling zero emission credits.
Tesla has never posted a quarterly profit, at least when calculating with standard accepted accounting practices, and much of its revenues have come from selling zero - emission credits to other automakers.
Carbon trading can also involve households, small businesses and farmers participating in carbon credit projects that are set up to generate carbon credits and compete in tenders to sell them to the Commonwealth Government's Emissions Reduction Fund.
Through a so - called cap and trading system, those making extra-deep cuts in emissions can profit by selling what amounts to their extra credit to those who can not afford to cut their own gas releases so deeply or quickly.
What I foresee is a lot of people getting very rich selling credits which most consumers will view as «feel good» coupons which ultimately will have very little impact on the problem of CO2 emissions.
The other two were Sandbag, which buys credits in the EU Emissions Trading Scheme and Solar Aid which sells solar lights in rural Africa, seeking to replace kerosene lamps.
The credits would be sold to companies or individuals trying to compensate for unavoidable emissions of carbon dioxide (from driving, flying, and the like).
And we will issue a Clean Car Challenge to automakers, in the form of a tax credit to the American people, for every automaker who can sell a zero - emission vehicle.
More importantly, the Climate Security Act of 2007 (Lieberman / Warner bill) is currently in mark - up and exempts co-ops from the cap - and - trade decreasing carbon allocations by setting their emissions at 2006 levels until 2035 and then allowing them to sell or trade their emission credits.
Credits are being sold on voluntary carbon - trading markets (for companies and individuals seeking to offset emissions contributing to global warming).
Through the market mechanism the program provides, buildings are more readily able to reduce emissions, with the ability to sell reductions credits to buildings with sharp increase of energy consumption that are more costly to retrofit — driving greater emissions reductions at a reduced cost by all participants.
And emissions that remain must be «offset» by the purchase of carbon - reduction credits from the Pacific Carbon Trust, a new Crown corporation created specifically to acquire and sell a portfolio of «made-in-B.C.»
The New Zealand approach requires emissions sources to buy credits to cover their emissions, and allows sources that reduce emissions to sell credits.
Authorizes holders of emission allowances, compensatory allowances, or offset credits to sell, exchange, transfer, hold, or retire them.
«(B) international offset credits may be sold at a strategic reserve auction under this subsection only if the Administrator determines that it is highly likely that covered entities will, to cover emissions occurring in the year the auction is held, use offset credits to demonstrate compliance under section 722 for emissions equal to or greater than 80 percent of 2 billion tons of carbon dioxide equivalent;
-- The privilege of purchasing, holding, selling, exchanging, transferring, and requesting retirement of emission allowances, compensatory allowances, or offset credits shall not be restricted to the owners and operators of covered entities, except as otherwise provided in this title.
Participating farmers in this first rice project will implement voluntary management practices on their fields to reduce methane emissions, earning carbon credits to be sold in the voluntary and potentially the California carbon markets.
That centerpiece is the cap - and - trade Emissions Trading System (ETS), under which companies buy and sell carbon reduction credits.
It's all about doling out lucrative gifts (emissions credits, grants and subsides) to politically - favored companies who try to sell us unwanted electric cars or biofuels while the government punishes taxpayers and companies that produce vehicles American consumers really want» — Alan Reynolds, Cato Institute senior fellow.
In his book, The Green Wave (Capital Research Center, 2006), author Bonner Cohen notes that the companies expected to profit handsomely from the Kyoto global warming treaty by creating the worldwide trading network in which industries would buy and sell carbon emissions credits
The private investor then sells the carbon credits on international markets to companies looking to offset their emissions.
In Malawi, farmers affiliated with our Trees of Hope program are growing trees that sequester CO2 emissions — carbon that's then valued and sold to us in the form of carbon credits.
Provides opportunities for refineries to comply by blending biofuels, purchasing credits from utilities and others that sell electricity for EVs, reducing emissions associated with refining, and more
Companies could buy and sell credits among themselves, and could satisfy up to 15 percent of its emission reduction requirements by submitting tradeable allowances from another nation's market in greenhouse gases, or by contributing to projects that sequester carbon dioxide emissions.
The idea is that credits representing the CO2 locked into this particular area of jungle — so remote that it is not under any threat — should be sold on the international market, allowing thousands of companies in the developed world to buy their way out of having to restrict their carbon emissions.
Conversely, if an installation has performed well at reducing its emissions, it can sell its leftover credits.
So you get the odd spectacle of Smith going before the Senate to denounce cap - and - trade — the widely endorsed idea that the Government should set a national ceiling on carbon emissions and then allow companies to buy and sell pollution credits — on populist grounds.
A small Silicon Valley company called Planktos, for example, plans to dump huge quantities of carbon - eating phytoplankton algae in the oceans, and sell the resulting credits to European countries that can't cut their carbon dioxide emissions enough to meet Kyoto targets.
If Chevron, or any named Big Oil codefendant can show that the externalities of CO2 emissions are of net benefit, could they countersue entities that have suppressed CO2 emission, or benefited from CO2 emissions, & thereby place liens & seize the assets of companies selling carbon credits, or of any tangible real property associated with past ill - gotten carbon taxation & regulation?
16 November 2010 Governors from the US state of California, the Brazilian state of Acre, and the Mexican state of Chiapas have taken concrete steps to reduce greenhouse gas emissions from deforestation and forest degradation (REDD) by creating a working group designed to help Acre and Chiapas generate REDD credits that can be recognized by California's Air Resources Board (ARB) and sold as offsets to industrial emitters in California once the state's mandatory cap on greenhouse gas emissions goes into effect at the end of next year.
For each additional ton of carbon dioxide their trees store, forest owners earn a credit that they can sell to companies who wish to offset their emissions.
A growing number of national and sub-national governments turn to carbon markets to meet their future GHG emission goals, but while a large number of developing nations are interested in selling carbon credits in an international market there is little interest in buying.
If forest credits are also sold into the markets, as proponents hope, it will swamp supply and crash the European Union Emissions Trading Scheme to the level of Chicago's: around zero.
In this series of posts, we explore how EPA has designed the Clean Power Plan to facilitate the buying and selling of credits representing emissions reductions at fossil - fuel fired power plants.
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