Sentences with phrase «tradable permits in»

Not exact matches

McCain has cosponsored a bill, so far rejected by his colleagues, that would set up a national system of tradable emissions permits for greenhouse gases and would require U.S. emissions in 2010 to be no more than in 2000 — not quite Kyoto, which sets the levels 7 percent below 1990 — but a start.

But Borenstein noted that policymakers are considering a far lower price — $ 20 per ton of greenhouse gases — as the maximum that industry could be charged in proposed tradable emissions permit programs.

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.

Any attempts to bribe poorer nations into buying insurance (aka tradable emission permits) involves contracts that can't be enforced in the long run.

Despite the potential cost - effectiveness of market - based policy instruments, such as pollution taxes and tradable permits, conventional approaches — including design and uniform performance standards — have been the mainstay of U.S. environmental policy since before the first Earth Day in 1970.

In contrast to restructuring taxes, something with which there is wide familiarity, tradable permits are a concept not widely understood by the public, making it more difficult to generate broad public support.

In the 1980s, tradable - permit systems were used to accomplish the phasedown of lead in gasoline -(at a savings of about $ 250 million per year), and to facilitate the phaseout of ozone - depleting chloroflourocarbons (CFCs); and in the 1990's, tradable permits were used to implement stricter air pollution controls in the Los Angeles metropolitan region, and — most important of all — a cap - and - trade system was adopted to reduce sulfur dioxide (SO2) emissions and consequent acid rain by 50 percent under the Clean Air Act amendments of 1990 (saving about $ 1 billion per year in abatement costsIn the 1980s, tradable - permit systems were used to accomplish the phasedown of lead in gasoline -(at a savings of about $ 250 million per year), and to facilitate the phaseout of ozone - depleting chloroflourocarbons (CFCs); and in the 1990's, tradable permits were used to implement stricter air pollution controls in the Los Angeles metropolitan region, and — most important of all — a cap - and - trade system was adopted to reduce sulfur dioxide (SO2) emissions and consequent acid rain by 50 percent under the Clean Air Act amendments of 1990 (saving about $ 1 billion per year in abatement costsin gasoline -(at a savings of about $ 250 million per year), and to facilitate the phaseout of ozone - depleting chloroflourocarbons (CFCs); and in the 1990's, tradable permits were used to implement stricter air pollution controls in the Los Angeles metropolitan region, and — most important of all — a cap - and - trade system was adopted to reduce sulfur dioxide (SO2) emissions and consequent acid rain by 50 percent under the Clean Air Act amendments of 1990 (saving about $ 1 billion per year in abatement costsin the 1990's, tradable permits were used to implement stricter air pollution controls in the Los Angeles metropolitan region, and — most important of all — a cap - and - trade system was adopted to reduce sulfur dioxide (SO2) emissions and consequent acid rain by 50 percent under the Clean Air Act amendments of 1990 (saving about $ 1 billion per year in abatement costsin the Los Angeles metropolitan region, and — most important of all — a cap - and - trade system was adopted to reduce sulfur dioxide (SO2) emissions and consequent acid rain by 50 percent under the Clean Air Act amendments of 1990 (saving about $ 1 billion per year in abatement costsin abatement costs).

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.

The new EPA rules could encourage carbon - trading programs on the East and West Coasts, in which the government issues tradable and salable permits for carbon pollution to current polluters, then over time ratchets down the amount of carbon allowed under each permit.

The state government would auction off a declining number of tradable permits each year to raise revenue; the revenue from transportation fuels would go to the Highway Trust Fund, while the rest would be invested in various climate - y things ranging from clean energy to protections for low - income residents.

Springer, U. and M. Varilek, 2004: Estimating the price of tradable permits for greenhouse gas emissions in 2008 - 12.

In 1968, while studying pollution control in the Great Lakes, University of Toronto economist John Dales hit on a way for the costs to be paid with minimal government intervention, by using tradable permits or allowanceIn 1968, while studying pollution control in the Great Lakes, University of Toronto economist John Dales hit on a way for the costs to be paid with minimal government intervention, by using tradable permits or allowancein the Great Lakes, University of Toronto economist John Dales hit on a way for the costs to be paid with minimal government intervention, by using tradable permits or allowances.

When market failures like this occur, there may be a case for government interventions in the form of regulations, taxes, fees, tradable permits, or other instruments that will motivate such recognition.»

Comprehensive tradable permits would allow countries to meet their emissions reduction commitments by reducing emissions or increasing sinks for GHGs in either their own country or in other countries.

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.

Starting in 2012, the agency implemented a statewide cap - and - trade system that imposed a ceiling on greenhouse - gas emissions across key sectors and then distributed a fixed number of tradable pollution permits to businesses.