Sentences with phrase «trade emissions credits»

New York will end an agreement with New Jersey allowing companies to trade emission credits in order to meet pollution standards, a decision that follows accusations by federal prosecutors that the credits were part of a corruption scheme involving a Competitive Power Ventures power plant in New Jersey.

It will seek to take a share of the multi-billion dollar global market which trades emissions credits granted by the Kyoto Protocol in exchange for investment in green projects in developing countries.

It is unclear whether the upcoming Chinese carbon trading market, starting from next year, will allow companies to trade emission credits generated from CCUS projects.

More importantly, the Climate Security Act of 2007 (Lieberman / Warner bill) is currently in mark - up and exempts co-ops from the cap - and - trade decreasing carbon allocations by setting their emissions at 2006 levels until 2035 and then allowing them to sell or trade their emission credits.

Not exact matches

Cap - and - trade schemes create a market for emission credits that allow -LSB-...]

Analysts say high use of UN offsets in EU emissions trading scheme suggests industrial gas credits are being ditched before 2013 cut off point

Removing credits from the emissions trading scheme could eventually force companies towards greener technologies

If the effects of the European emissions trading scheme (ETS)- which gives industries pollution credits to use or sell - are included, this reduction would be 23.6 per cent.

Certified Emissions Reduction credits (CERs) produced by the UN's Clean Development Mechanism; European Union Allowances (EUAs) produced by the European Union's Emissions Trading System (EU ETS), and Emissions Reduction Units (ERUs) produced by the UN's Joint Implementation mechanism.

The report accepts minister's efforts to include aviation in the EU emissions trading scheme, where firms would be given a certain allocation of carbon credits to buy and sell on the open market, but warns this is still «years away».

In August 2013, at Percoco's request, the governor's office instructed DEC officials to sign a reciprocity agreement with New Jersey allowing power plants to trade emission reduction credits purchased in either state, prosecutors say.

below 1990 levels by 2010, taking into account the impact of credits surrendered through the EU emissions trading scheme.

Since the Kyoto protocol came into force in 2005, companies in the developing world can generate greenhouse gas emission reductions and sell them as «carbon credits» in the developed world through such mechanisms as the European Union's Environmental Trading Scheme (EU ETS), which is similar to schemes in Japan and New Zealand.

«On the phone a lot» to save Kyoto The exchange took place nearly three years after U.S. negotiators helped to broker the Kyoto Protocol, an international agreement that allowed wealthy countries to trade for emissions credits to cover some of their reduction responsibilities.

Tao says that his team cooperates with carbon trading experts to credit the emissions data and hopes to sell the credits to whoever needs them to offset his carbon footprint.

Besides trading carbon allowances among each other, companies included in Shenzhen and other Chinese carbon markets are also able to use offset credits generated by carbon - cutting projects to cover 5 to 10 percent of their emissions as a way of lowering emissions reduction costs.

For now, the European emissions trading system has emerged as the core of a nascent global market because it features the strongest institutions and exchanges the greatest volume of credits.

CERs are the most heavily traded carbon offset credit in the world, used mostly by European companies to keep their greenhouse gas emissions levels beneath a government - mandated cap.

Member states will allocate emissions credits, much like was done in the European Union's carbon trading program, and trade between one another.

EU officials have confirmed they will move to address controversial carbon credits that «game» the Clean Development Mechanism (CDM) and undermine the effectiveness of the EU emissions trading scheme (ETS)...

Removing credits from the emissions trading scheme could eventually force companies towards greener technologies

Analysts say high use of UN offsets in EU emissions trading scheme suggests industrial gas credits are being ditched before 2013 cut off point

Today's workshop on «Benefits Sharing and Safeguards» for policies to Reduce Emissions from Deforestation and Forest Degradation (REDD +) also included newly released recommendations for how California can bring REDD + offset credits into its statewide cap - and - trade system with environmental integrity and social equity.

Carbon trading can also involve households, small businesses and farmers participating in carbon credit projects that are set up to generate carbon credits and compete in tenders to sell them to the Commonwealth Government's Emissions Reduction Fund.

The new agreement will likely lead to a future set of limits allowing Kyoto parties to keep on capping greenhouse - gas emissions and trading carbon credits.

Through a so - called cap and trading system, those making extra-deep cuts in emissions can profit by selling what amounts to their extra credit to those who can not afford to cut their own gas releases so deeply or quickly.

It needs to be spelled out, because the «solutions» that are acceptable to the business world (carbon credit trading and attempts at burying CO2 emissions) will have almost zero effect on the real world — the rate of increase of CO2 in the atmosphere will be unaffected by such «solutions».

They argued that the trading system provides far too much leeway for dealing in «offsets,» credits earned by avoiding or preventing emissions of carbon dioxide.

This system would force overall emission reductions but allow flexibility through a market that trades credits accrued by companies or institutions that make extra-deep cuts.

The trade in credits from avoided greenhouse - gas emissions is rapidly growing and could reach $ 4 billion a year within a few years, some analysts say.

At any rate, in my personal view, we should not prescribe exactly what needs to be done but should instead implement flexible schemes like Kyoto or the McCain - Lieberman Climate Stewardship Act that allow trading of emissions credits, credits for carbon sequestration (provided it can truly be shown to work) and so on.

The other two were Sandbag, which buys credits in the EU Emissions Trading Scheme and Solar Aid which sells solar lights in rural Africa, seeking to replace kerosene lamps.

There, James Kanter has a fresh post on developments related to the growing trade in carbon offsets, credits a person or company can buy from someone planting trees or building windmills or the like, which — in theory at least — could compensate for unavoidable emissions of carbon dioxide or other greenhouse gases.

The approach is based on what can clearly be accomplished, rather than relying on indirect strategies for cutting emissions or boosting energy efficiency, including trading systems for emissions credits.

Trading in emissions credits remains patchy and ineffective.

Gates hammered on points reported here for many years: that without a big, and sustained, boost in spending on basic research and development on energy frontiers, the chances of triggering an energy revolution are nil; that while the private sector and venture capital investors are vital for transforming breakthroughs into marketable products or services, they will not invest in the long - haul inquiry that's required to generate game - changing breakthroughs; that a 1 or 2 percent tax on carbon - emitting fuels could generate a large, steady stream of money for invigorating the innovation pipeline; that a declining emissions cap and credit trading system --- if it could survive America's polarized politics --- would have to raise energy costs far beyond what would be politically tenable to generate a similar scale of transformational activity.

Yesterday, Senator Richard Lugar, a moderate Republican from Indiana, proposed breaking the impasse with the Lugar Practical Energy and Climate Plan, which lacks the most contentious element, an emissions cap and trading system for pollution credits.

Credits are being sold on voluntary carbon - trading markets (for companies and individuals seeking to offset emissions contributing to global warming).

With other approaches to an energy and climate bill blocked — including carbon taxes or a broader cap - and - trade mechanism for controlling emissions — the only viable alternative appears to be to limit a cap to utilities, the one sector that's already familiar with smokestack rules and markets in emissions credits.

Almost always there are special rules, opt - outs, emission credit allocations, or other provisions that lighten the blow on trade - exposed industries.

TH: And you've actually testified as an expert in front of a Senate committee on climate change, and The Nature Conservancy is also pretty active in emissions trading, or carbon credit trading programs to tackle climate change issues.

Rising Tide has had a lot of fun with entrepreneurs involved in trading credits earned by cutting greenhouse - gas emissions, recently sending «greenwash guerillas» to root out what it called «carbon traitors» at a conference on carbon trading.]

Even so, the decision about whether to include REDD credits in a cap - and - trade program can not be separated from the negotiations about future emissions targets.

These offset types are both eligible to be converted to ARB compliance Offset Credits, which can be used by California entities to help meet their emissions reductions obligations in the Cap - and - Trade Program.

The Rudd Government promised Australians that it would act on greenhouse, instead it is proposing an inadequate and deeply flawed Emissions trading scheme and a fraudulent solar credits scheme.

However, worried about the verifiability and permanency of carbon dioxide stored in trees, the European Union does not allow credits generated that way to be traded in its emissions trading scheme.

No one will ever make money out of trading emission reduction credits in global dimming.

For the second trading period, Member States allowed their operators to use significant quantities of credits generated by emission - saving projects undertaken in third countries to cover part of their emissions in the same way as they use ETS allowances.

For example, an effective emission credit trading system will require some form of taxation of carbon dioxide emissions embodied in imports from nonsignatory countries.

The headline figure hides large national variations and several countries will not meet their national target without emissions trading, or credits purchased from certified emission reduction projects in developing countries under the UN's Clean Development Mechanism (CDM).