Sentences with phrase «single global carbon price»
Most scenario studies collected for this assessment that are based on the idealized assumptions that all countries of the world begin mitigation immediately, there is a single global carbon price applied to well functioning markets, and key technologies are available, find that meeting a 430 480 ppm CO2eq goal by century's end would entail a reduction in the amount global consumers spend of 1 4 % in 2030, 2 6 % in 2050, and 3 11 % in 2100 relative to what would happen without mitigation.
http://www.metlink.org/ Not exact matches
In a global market, a single disaster like SoCal Gas's wouldn't hit the innocents that hard, but it would send a clear signal to other companies thinking of saving a few bucks on a safety valve or two: with a price on carbon, cheap is expensive.
Stiglitz's plan is to set a single, global price for carbon dioxide, the most important greenhouse gas.
His proposed solutions: create a single global price of carbon, define more clearly the overall goals of reductions in GHG and let the markets determine which biofuels will work.