Sentences with phrase «than emissions caps»

Not exact matches

That would limit the amount of GHGs per unit of output rather than putting a cap on aggregate emissions.

Current emissions are less than the cap — approximately 70 megatonnes / year.

Opinion: Wynne is wrong when she claims the Conservative carbon tax plan will cost families more than cap and trade and do less to cut emissions

Overly optimistic projections of future oil supply, which are much higher than the latest NEB projections and don't consider the Alberta government's cap on oil sands emissions imposed by its Climate Leadership Plan.

Ensure that the tradable emission permits under Governor Pataki's proposed regional carbon cap are auctioned rather than given away with the proceeds used to mitigate negative distributional effects on low and moderate income households and to serve other economically and socially important purposes.

The RGGI program also might not actually curb emissions, because power plants are already emitting less than the proposed cap — due to take effect on January 1, 2009, and based on projections from 2005 — thanks to slower than anticipated growth in electricity generation.

Energy Both John McCain and Barack Obama have called for a cap - and - trade system to cut carbon emissions, although Obama's proposed reduction (80 percent from 1990 levels by 2050) is larger than McCain's (65 percent).

Some economists believe a simple tax on greenhouse gas emissions makes more sense than the elaborate cap - and - trade regime for carbon dioxide envisioned by Evolution and other players in the nascent market.

In response to a tax on greenhouse - gas emissions imposed by the Norwegian government, each year the company now removes about 1 million tons of CO2 captured as a waste product from the natural gas it recovers and pumps more than 99 percent of it 2,600 feet beneath the seafloor into a porous sandstone formation capped by impervious rock.

And to negate some of the advantage this approach automatically gives to electric cars (whose greenhouse emissions include those generated by electric utilities), the award also incorporates other measures in its criteria, including a cap on greenhouse gas emissions of no more than 200 grams per mile.

Any serious attempt to tax or cap carbon emissions would make PurGen's hydrogen much more attractive to the chemical industry than the conventional sort.

A truly strict global system, involving the majority of countries and imposing a tight cap on total emissions, would cut emissions more than the European trading scheme.

The new rule would cap municipal landfill emissions at a lower level than currently required.

There's another advantage to this approach, which is that there is far stronger public support for advancing and disseminating low - carbon energy sources than there is for restricting emissions of carbon dioxide using a rising cost through a cap.

Even better, we will probably tout a toothless legislation to mollify those who believe that ham - handed, extremely political and self - serving emission caps are better than American innovation — or, if at the very least a compromise distinctly American market - based approach, like a Pigovian tax.

We definitely need some sort of mechanism to assign a cost / price to carbon emissions, but that could be a carbon tax of some sort rather than a cap - and - trade system.

This would be helpful in calculating the atmospheric concentration at which CO2 would cease to increase if emissions were naturally (or forcibly) capped at X % higher levels than today.

If the US cuts emissions more than its cap, then it can sell its extra permits to other countries and make money.

The announcement by the U.S. and China was important for several reasons: Together they account for around 40 percent of global GHG emissions, according to the Union of Concerned Scientists; there had heretofore been few signs of a Chinese willingness to commit to capping emissions; and it raised hope that future global negotiations might actually yield an agreement to rein in emissions enough to keep the average global temperature from rising more than 2 degrees Celsius.

In the course of this review, the idea of an emissions containment reserve (ECR) mechanism has been proposed to address a common issue confronting cap - and - trade programs worldwide: the prices for emissions allowances tend to be significantly lower than program designers anticipate in advance, making mid-course corrections necessary for it to perform as intended.

Obama proudly states that his EPA regulations can actually produce a greater emissions reduction than would his initial nearly - worthless proposal of a cap - and - trade «scheme».

Increased efficiency is achieved by means of a longer trading period (8 years instead of 5 years), a robust and annually declining emissions cap (21 % reduction in 2020 compared to 2005) and a substantial increase in the amount of auctioning (from less than 4 % in phase 2 to more than half in phase 3).

Yet RGGI hasn't induced a robust enough carbon price to drive down emissions, primarily because the initial emissions «cap» was set 45 % higher than actual emissions by the covered power plants and wasn't tightened enough to actually «bind» until four years later.

On the first criterion, Weitzman points out that while a carbon tax is more easily administered and more transparent than a cap - and - trade system, a carbon cap or a tax can both achieve cost - effective emissions reductions.

Julie Tighe, DEC Chief of Staff, said that «emissions from the power sector in New York have fallen more than 50 % since the states agreed to set the cap in 2005.»

Analyst Mark Lewis of Kepler Cheuvreaux, a Swiss private bank, calculates that to meet emissions targets that could cap global warming at 2 degrees Celsius will mean lost fossil - fuel revenues of no less than $ 28 trillion (PDF) in the coming two decades.

So, once we clear away the underbrush, we can see that the case for a carbon tax or a cap - and - trade emissions rationing system is really that it would be a hedge against the risk that actual damages from warming would be much, much worse than current risk - adjusted projections indicate.

A few Democrats, particularly those representing poorer industrial areas, were deeply suspicious of cap - and - trade policies to rein in greenhouse gas emissions, arguing that their constituents would be hurt when a local polluter simply paid for pollution allowances rather than cutting back on the pollution itself.

In other words, not only does Germany already have a far more aggressive emissions reduction goal than most other developed nations, but it's also part of the EU, which has implemented a serious system to cap carbon emissions.

The EU has long led the way on carbon emissions, implementing a cap and trade system in 2005, having set ambitious emissions reductions targets, having per person emissions that are less than half of those in the USA, Canada, and Australia, and which in general has been the global model on climate policy.

So far, the industrialised countries» targets are proving much more effective at capping ambition and innovation than they are at capping emissions.

There is, anyway, no certainty that an emissions - cap policy would have more political appeal than a carbon tax.

If the total society - wide cap, before it is allocated among emitters within the jurisdiction of the government allocating the cap, is less than the government's fair share of safe global emissions, then the cap is not environmentally just particularly to those who are vulnerable to climate change.

He argues that humanity and the Earth will be able to handle increased greenhouse gases and that lifting people in developing countries from poverty is more important than capping emissions.

We know that things like energy independence, getting off oil, getting out of the Middle East, and creating jobs and economic development in the new clean energy industries of the future are much higher priorities for most voters than capping carbon emissions or taxing dirty energy sources.

But capping emissions on a fixed schedule would produce its own uncertainties: if alternatives to fossil fuels (e.g., renewables, efficiencies, carbon sequestration) materialized more slowly than planned, demand would not be met and price rises would ensue.

Happily, Hsu debunks the notion of «emissions certainty» that was used to sell cap - and - trade, by pointing out that for a «stock» pollutant such as CO2 that persists in the atmosphere for a century, the objective must be cumulative rather than annual reductions.

There are also few incentives other than small fees for extra emissions in the cap - and - trade component of the deal, that may not do much to stop increasing emissions.

If the EPA acts unilaterally to restrict carbon dioxide emissions, the impact on the economy could be even worse than a cap and trade law enacted by Congress.

The bill's introduction claims to cap emissions and expand clean energy, and though it would do neither, in the simulacrum that is global warming politics, these symbolic intentions were more than sufficient for Democrats and greens to proclaim the bill a «breakthrough» and for Republicans to vote en masse against it.

Under the deal, Xi announced targets for capping his country's carbon emissions around 2030 — earlier than currently planned — and plans to increase the use of alternative energy to account for 20 % of the country's total by 2030.

Renewable electricity standards or clean energy standards would accomplish considerably less and would impose much higher costs per ton of emissions reduction than cap - and - trade would.

Even as the global Kyoto Protocol collapsed and cap and trade legislation foundered in Congress, U.S. emissions have declined faster than any nation's in the world.

If countries instead abide by the pledges to cut carbon emissions after 2020 that they each made voluntarily ahead of the Paris climate summit, the average temperature will likely go up by at least two degrees Celsius, a less - than - catastrophic situation that could «still destroy most coral reefs and glaciers and melt significant parts of the Greenland ice cap, bringing major rises in sea levels,» according to The Guardian.

Burleson is recently reported to have said that, while he «not opposed to emissions trading, per se,» he «credits the US government for inventing the cap - and - trade concept as an environmental policy» but «in areas other than aviation.»

In 2030, the regional cap on power - sector emissions will be 65 percent lower than in 2009, RGGI's first year.

The modeling projects that the vast majority of emission reductions achieved by these industries under a cap - and - trade program will be from reductions in the emission - intensity of their production (e.g., increased energy efficiency, or shifts to lower - emission production methods), rather than from declines in production associated with increased imports from unregulated countries.

The annual emissions tallies from the JRC will become increasingly important in the coming years, as countries move toward implementing and verifying the main goal of the Paris Agreement: to cap global warming at less than two degrees Celsius.

He wants to give out many emission permits free to energy - intensive industries and to the local distribution companies (LDCs) that funnel electricity to users, rather than auctioning the permits off, and he wants permit giveaways to the industrial sector to continue throughout the whole length of the cap - and - trade program, rather than be phased out.

In late 2014, Washington State Governor Jay Inslee released a proposal for a cap - and - trade program that would cover an estimated 130 facilities and fuel distributors operating in the state that emit more than 25,000 metric tons of GHG emissions per year.