Sentences with phrase «trading the resulting carbon»

Not exact matches

The first carbon market was the European Union's Emissions Trading System (ETS), set up as a result of the Kyoto protocol.
No carbon - trading system in the world has actually resulted in significant emissions reductions yet.
Second, even if «border adjustment» would not be permitted for process - based measures such as a domestic, US carbon tax, regulation or cap - and - trade system, and / or such «border adjustment» would be found to be discriminatory, the resulting GATT violation may still be justified by the environmental exceptions in GATT Article XX (Section VI).
As Dr. Sachs said, carbon taxes and cap and trade is not likely to result in a reduction of CO2 emissions.
Hence, such assistance would result in more emissions under a carbon tax and would increase the cost of meeting the emissions cap in a cap - and - trade program.
Border adjustments are one way to offset the decline in competitiveness of U.S. emission - intensive firms and thereby reduce the consequent leakage and lost profits and employment that would otherwise result from an economywide carbon tax or cap - and - trade program.
And when payback and cost - benefit calculations start from an «end of business as usual» perspective — factoring in not only external costs of oil, but also likely carbon credits or other results of a cap - and - trade system or a carbon tax — everything changes.
Readers who actually want a thorough and careful account of the pros and cons of I - 732 from a policy point of view should read the three detailed articles by the Sightline Institute here: http://www.sightline.org/2016/08/01/pros-cons-carbonwa-carbon-tax-swap-ballot-initiative-732/ http://www.sightline.org/2016/08/02/does-initiative-732-carbon-tax-have-a-budget-hole/ http://www.sightline.org/2016/08/03/weighing-critiques-of-carbonwa-i-732/ Readers who are interested in the messy political conflict over the initiative might start with a couple of Patrick Mazza's articles: http://cascadiaplanet.blogspot.com/2015/11/can-wa-state-climate-policy-train-wreck.html http://cascadiaplanet.blogspot.com/2015/12/wa-climate-initiative-conflict-on-road.html If you want to know why the Alliance's proposal won't do much for low - income families facing higher energy costs as a result of a carbon fee (though it would produce a lot of union trade jobs by funding State infrastructure spending) start here: http://www.sightline.org/2016/08/16/green-stamps-a-climate-equity-proposal-for-the-pacific-northwest/
Despite Blomqvist et al.'s reservations, Footprint results show that: (1) most countries are in ecological deficit, increasingly dependent on potentially unreliable trade in biocapacity; (2) humanity is at or beyond global carrying capacity for key categories of consumption, particularly agriculture (factoring in soil loss and ecosystem degradation would reveal additional deficits); (3) global carbon waste sinks are overflowing; and (4) the aggregate metabolism of the human economy exceeds the regenerative capacity of the ecosphere (and the ratio is increasing).
I guess one could pick anyone who will profit from global warming and the resulting carbon trading as a potential benefactor.
To the extent that knowledge of, say, green technologies (the know - how rather than the physical good) or best practices to lower the carbon footprint of the operations of a particular heavy industry leads to a decrease in resource inputs and resulting waste streams (and hence material flow), this premise holds water, and points to a different, softer path towards trade liberalization.
A Pan-Asian Energy Infrastructure would use fiscal policy (through carbon pricing and eliminating fossil fuel subsidies) to fund ocordinated infrastructure investment (through multilateral cooperation) resulting in more open markets (through increased cross-border energy trade) resulting in lower prices (through heightened competition).
In the current U.S. political environment, a cap - and - trade system is unlikely to result in a sufficiently high market price for CO2 (around $ 30 per ton) in the early years of a carbon control regime to assure that all coal plant developers adopt CCS systems.
No carbon - trading system in the world has actually resulted in significant emissions reductions yet.
Our results show that preserving land for its carbon value is worth more than sawit kelapa at present prices for carbon in legally binding markets: $ 9.99 million for the EU ETS Trading Scheme, $ 8.02 million for the Secondary Clean Development Mechanism, and $ 6.32 million for State of the Voluntary Markets report.
For the avoidance of doubt, Gross Revenues shall (A) exclude monies received from any source other than the sale of electric energy and capacity, including, without limitation, any of the following: (i) any federal, state, county or local tax benefits, grants or credits or allowances related to, derived from, or granted to the Wind Energy Project or Grantee, including, but not limited to, investment or production tax credits, or property or sales tax exemptions, (ii) proceeds from financing activities, sales, assignments, partial assignments, contracts (other than the power purchase agreement) or other dispositions of or related to the Wind Energy Project (such as damages for breach of contract or liquidated damages for delays in project completion or failures in equipment performance), (iii) amounts received as reimbursements or compensation for wheeling costs or other electricity transmission or delivery costs, and (iv) any proceeds received by Grantee as a result of damage or casualty to the Wind Energy Project, or any portion thereof and (B) include any revenues derived from Grantee's sale of carbon dioxide trading credits, renewable energy credits or certificates, emissions reduction credits, emissions allowances, green tags, tradable renewable credits, or Green - e ® products, any of which are allocated to Grantee, if applicable, through its participation in any voluntary registry, association or market - based exchange.
As a result of political horse trading at UN negotiations on climate change, countries like Russia and the Ukraine were allowed to create carbon credits from activities like curbing coal waste fires, or restricting gas emissions from petroleum production.
It may result in a limit to the number of allowances available and an end to historically low carbon prices in the next ETS trading period (2013 - 2020).
With resurgent debate over the relative merits of carbon taxes and emissions trading, attention has turned again to Europe where the market price of emissions permits has fallen sharply as a result of the financial crisis and recession.
At the twenty - first session (FCCC / SBSTA / 2004 / 13, paragraphs 29 - 33), the SBSTA noted the need to further analyze the socio - economic and environmental implications, impacts on forest carbon stocks and emissions in Annex I and non-Annex I Parties, impacts on sustainable forest management, and impacts on trade, of reporting GHG emissions resulting from the production, use and disposal of HWP, including those arising from the application of the accounting approaches.
As result, Mozambique has been able to resist pressure from politically connected carbon - trading companies — which have applied for rights over one - third of the country — and other actors with vested interests seeking to exert some control over the process.
By this ECO means: «unilateral» NAMAs, mitigation action implemented solely by developing countries; «supported» NAMAs, mitigation action financially supported by donor countries; and «credited» NAMAs, actions that, like the CDM, result in some form of trade - able carbon credits.
«There are several reasons for the current economic crisis we're facing in the United States and globally, but a major contributor has been the suppression of energy production and economic activity by overbearing new regulations, taxes and carbon trading resulting from the misguided belief that anthropogenic carbon dioxide emissions are causing extraordinary warming of the planet,» said Minnesota Majority president Jeff Davis.
We show the temperature changes that result from exchanging CO2 for CH4 using a variety of commonly suggested metrics to illustrate the trade - offs involved in potential carbon trading mechanisms that place a high value on CH4 emissions.
What I'm saying is that there is no way in the world that having, for all practical purposes, the likes of Goldman Sachs controlling carbon trading would lead to good results.
Significant progress in reducing emissions and limiting climate change could be achieved if companies 1) unequivocally communicate to the public, shareholders, and policymakers the climate risks resulting from continued use of their products, and therefore the need for restrictions on greenhouse gas emissions consistent with the 2 °C global temperature target; 2) firmly reject contrary claims by industry trade associations and lobbying groups; and, 3) accelerate their transition to the production of low - carbon energy.
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