Sentences with phrase «ton allowance price»

These sales could generate more than $ 300 million on average per year between 2022 and 2030 (assuming a $ 10 per ton allowance price).

Not exact matches

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.

Current prices for allowances representing 2017 emissions rose 38 cents to $ 13.99 per ton, according to Dan McGraw, a senior market strategist for ICIS U.S. Carbon Markets.

A state analysis last summer said that cap and trade would increase pump prices 10 to 12 cents per gallon, based on the current auction allowance price of $ 12 per carbon ton.

$ 8 billion) over first ten years for deficit reductionObeys PAYGO; Starting in 2026, 25 % of auction revenues for deficit reductionFuels and TransportationIncrease biofuels to 60 million gallons by 2030, low - carbon fuel standard of 10 % by 2010, 1 million plug» in hybrid cars by 2025, raise fuel economy standards, smart growth funding, end oil subsidies, promote natural gas drilling, enhanced oil recoverySmart growth funding, plug - in hybrids, raise fuel economy standards $ 7 billion a year for smart growth funding, plug - in hybrids, natural gas vehicles, raise fuel economy standards; offshore drilling with revenue sharing and oil spill veto, natural gas fracking disclosureCost ContainmentInternational offsetsOffset pool, banking and borrowing flexibility, soft price collar using permit reserve auction at $ 28 per ton going to 60 % above three - year - average market price» Hard» price collar between $ 12 and $ 25 per ton, floor increases at 3 % + CPI, ceiling at 5 % + CPI, plus permit reserve auction, offsets like W - MClean Air Act And StatesNot discussedOnly polluters above 25,000 tons of carbon dioxide equivalent a year, regional cap and trade suspended until 2017, EPA to set stationary source performance standards in 2016, some Clean Air Act provisions excludedOnly polluters above 25,000 tons of carbon dioxide equivalent a year, regional cap and trade pre-empted, establishes coal - fired plant performance standards, some Clean Air Act provisions excludedInternational CompetitivenessTax incentives for domestic auto industryFree allowances for trade - exposed industries, 2020 carbon tariff on importsCarbon tariff on importsReferences: Barack Obama, 2007; Barack Obama, 8/3/08; Pew Center, 6/26/09; leaked drafts of American Power Act, 5/11/10.

«(i) increase the percentage of emissions that can be offset through the use of international offset credits to reflect the amount that 1.0 billion exceeds the number of domestic offset credits the Administrator determines is available, at prices generally equal to or less than emission allowance prices, for that year, up to a maximum of 0.5 billion tons of greenhouse gas emissions; and

Because of a surplus of allowances obtained via auction during the initial years of RGGI, the value of these allowances remained close to the program's price floor of $ 1.93 / ton of CO2 allowed in each quarterly auction.

Fortunately, RGGI's design built in a «price floor,» a minimum price for each «allowance» (or pollution permit), which made the system function like a very low carbon tax of $ 2 per ton of CO2 until 2013.

That translates into a weighted average allowance price of $ 48 per ton, nearly nine times the assumed price.

However current allowance prices are too low to have any significant impact on behavior (less than $ 5 per ton).

«(i) increase the percentage of emissions that can be offset through the use of international offset credits to reflect the amount that 1.0 billion exceeds the number of domestic offset credits the Administrator determines is available, at prices generally equal to or less than emission allowance prices, for that year, up to a maximum of 0.5 billion tons of greenhouse gas emissions; and

-- If the Administrator determines that domestic offset credits available for use in demonstrating compliance in any calendar year at domestic offset prices generally equal to or less than emission allowance prices, are likely to offset less than 0.9 billion tons of greenhouse gas emissions (measured in tons of carbon dioxide equivalents), for purposes of compliance demonstration in that year the Administrator shall --

For example, a $ 100 per ton of CO2 allowance price would increase the average cost of electricity generation from coal - fired power plants by about 400 %, the average cost of electricity generation from natural gas plants by about 100 %, and gasoline prices by about $ 1.00 per gallon.

First, it is likely that CCS will be economically practical only for new plants, and only when CO2 allowance prices exceed $ 100 per ton of CO2 for early adopters (cost estimates have increased over the past few years, as technological and institutional challenges have become clearer).