Sentences with phrase «through tradable permits»

Economists often talk as though putting a price on carbon emissions through tradable permits or a carbon tax will be enough to deliver the needed reductions in those emissions.

Presidential contenders John McCain and Barack Obama have committed to early enactment of mandatory, economy - wide restrictions on emissions, implemented through tradable permits and designed to reduce emissions by 60 to 80 percent below 1990 levels by 2050.

Not exact matches

The major industrial emitters could be required (or induced through taxation for tradable permits) to capture their CO2 emissions or to convert part of their processes to run on power cells and clean electricity.

A tradable permit is an economic policy instrument under which rights to discharge pollution - in this case an amount of heat - trapping gas (greenhouse gas) emissions - can be exchanged through either a free or a controlled permit - market.

If you seriously believe in markets, you should believe that given the right incentives — namely, putting a price on emissions, through either a tax or a tradable permit scheme — the economy will find lots of ways to emit less.