Sentences with phrase «trade auction revenues»

Not exact matches

Moreover, if the cap - and - trade system is bringing in revenue, that means by definition that there has to be a significant initial auctioning off of the emissions permits.

$ 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.

The Regional Greenhouse Gas Initiative orchestrates a cap and trade between 10 northeastern states, and it's holding its third carbon permit auction tomorrow — and it's expected to bring in over $ 100 million in revenue.

Obama's energy plan would use some of the revenue generated from the cap - and - trade permit auction to invest in climate - friendly energy development including advanced biofuels, locally - owned biofuel refineries, low - carbon coal technologies, and nuclear power.

If RGGI is the «pilot» project for linked cap - and - trade systems, the lessons are clear: build in a substantial price floor, limit and scrutinize offsets, and carefully manage the auction revenue.

What might be characterized as a populist approach would be a cap - and - trade system with 100 % of the allowances auctioned and the auction revenue returned directly «to the people.»

Another merit of the carbon tax approach is that it would generate substantial revenues (as would a cap - and - trade system in which the allowances are auctioned).

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.

Re carbon revenue from what I see the NOx and SOx permit auctions run by the Federal EPA are better managed than the European carbon trading scheme.

In Mueller's words, «it would not seem too farfetched to think that in California, at least, there could be sufficient political will to earmark some share of, say, California's aviation revenue as a solidarity charge for the poorest and most vulnerable countries,» or that «California could decide to use part of the revenue from auctioning allowances for its emission trading scheme.»

You have committed to a cap - and - trade program for GHG emissions reductions and an immediate cancellation of the Accelerated Capital Cost Allowance program, with permit auction and increased tax revenues slated to be re-invested in improving the environmental performance of the industry.