Sentences with phrase «through allowance trading»

Not exact matches

Because the Tories had to accept it as a trade - off to get through the marriage tax allowance.

On just one day in mid-May, 6.5 million metric tons of CO2 allowances traded on the European Carbon Exchange - or more than $ 150 million worth at a price of nearly EU$ 16 per ton just for the countries in the European Union; it has grown 26 percent for the year through July, according to the Intercontinental Exchange.

Such allowances shall be distributed on a competitive basis to institutions of higher education, companies, research foundations, trade and industry research collaborations, or consortia of such entities, or other appropriate research and development entities to achieve the goals of the Advanced Research Projects Agency - Energy (as described in section 5012 (c) of the America COMPETES Act) through targeted acceleration of --

The George H. W. Bush Administration, which proposed the SO2 allowance trading program and then championed it through an initially resistant Democratic Congress, was (at least in its first two years) «moderate Republican;» and phrases such as «fiscally responsible environmental protection» and «harnessing market forces to protect the environment» do have the sound of quintessential moderate Republican issues.

NRDC offsets all carbon emissions annually by purchasing carbon allowances through the California Cap - and - Trade Program and by directly supporting the creation of renewable energy projects.

For the avoidance of doubt, Gross Revenues shall (A) exclude monies received from any source other than the sale of electric energy and capacity, including, without limitation, any of the following: (i) any federal, state, county or local tax benefits, grants or credits or allowances related to, derived from, or granted to the Wind Energy Project or Grantee, including, but not limited to, investment or production tax credits, or property or sales tax exemptions, (ii) proceeds from financing activities, sales, assignments, partial assignments, contracts (other than the power purchase agreement) or other dispositions of or related to the Wind Energy Project (such as damages for breach of contract or liquidated damages for delays in project completion or failures in equipment performance), (iii) amounts received as reimbursements or compensation for wheeling costs or other electricity transmission or delivery costs, and (iv) any proceeds received by Grantee as a result of damage or casualty to the Wind Energy Project, or any portion thereof and (B) include any revenues derived from Grantee's sale of carbon dioxide trading credits, renewable energy credits or certificates, emissions reduction credits, emissions allowances, green tags, tradable renewable credits, or Green - e ® products, any of which are allocated to Grantee, if applicable, through its participation in any voluntary registry, association or market - based exchange.

In this regard, contrary to much of the hand - wringing in the press, the deal - making that took place in the House and may still take place in the Senate for shares of free allowances is an example of the useful and important mechanism through which a cap - and - trade system provides the means for a political constituency of support and action to be assembled without reducing the policy's effectiveness or driving up its cost.

The world's most developed carbon market, the EU Emissions Trading Scheme (EU ETS), still bedeviled by massive oversupply of allowances, was the focus of attention throughout the year as legislators debated ways of cutting the surplus, both through the temporary fix of «backloading» and long - term structural measures.

This could be done with a simple upstream cap - and - trade system in which all of the needed allowances are sold (auctioned)-- not given freely — to fossil - fuel producers and importers, and a very large share — say 75 % — of the revenue is rebated directly to American households through monthly checks in a progressive scheme through which all individuals receive identical payments.

Nonetheless, a substantial share of allowances is still distributed through free allocation, with policy justifications including protection for trade - exposed industries and prevention of economic activity leakage outside of the European Union.

In contrast, a system in which electric utilities are regulated one way (say, cap - and - trade allowances), large industrial boilers another way, motor vehicles and their fuels still another way, and various other industries and activites through other means or not at all leads to a complex system that is difficult and costly to administer, distorts the market, and allows businesses to game the system and find loopholes.

Fourth and finally, it should not be forgotten that the much - lamented deal - making that took place in the House committee last week for shares of the allowances for various purposes was a good example of the useful, important, and fundamentally benign mechanism through which a cap - and - trade system provides the means for a political constituency of support and action to be assembled (without reducing the policy's effectiveness or driving up its cost).

Initially, it was only able to do so through a one - way voluntary acceptance of EU ETS allowances to meet its own trading system's obligations, but joined fully in 2008, once the European Commission had accepted its proposals for a cap and allocation of allowances.