Sentences with phrase «sufficiently high carbon price»

«I don't see India, China or South Africa coming in with a sufficiently high carbon price to drive them off coal,» he said.

However, where that is true, CCS would be the option deployed by firms in the face of a sufficiently high carbon price.

Not exact matches

-- 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.

In the current U.S. political environment, a cap - and - trade system is unlikely to result in a sufficiently high market price for CO2 (around $ 30 per ton) in the early years of a carbon control regime to assure that all coal plant developers adopt CCS systems.

Suppose that the government set the price of carbon at a sufficiently high and increasing level that it would guarantee that one or more renewable technology was cost competitive with coal.

Of course that leaves open the issue of whether any democratic regulatory agency is prepared to set the carbon price high enough to sufficiently deter carbon use.

Establishing a price on carbon is necessary to support innovation activities, and the price must be high enough, or expected to increase sufficiently, in order to support on - going demonstration and innovation activities for CCS projects.