Not exact matches
The Renewable Energy Association (REA), which lobbies for more low -
carbon power, said government infighting
over subsidies was causing deep
uncertainty in the industry.
Permit prices, since they would be more volatile
over time than a specified tax trajectory, would mask the critical long - term signal that
carbon will always be more expensive next year than it is today; that is, unavoidable volatility in permit prices would raise the economic cost of any climate target by clouding investment decisions with another source of
uncertainty.
The price bounces around and that adds a little bit of
uncertainty, potentially a lot of
uncertainty... A tax, on the other hand, sends a very strong price signal that's unambiguous and not clouded with a lot of noise, so that people can actually understand what
carbon will cost them and how the price of
carbon will increase persistently and predictably
over time.
The optimism of green energy companies has dimmed since the
carbon tax legislation was passed last year, amid political
uncertainty and growing concern
over the forthcoming review of the 20 per cent by 2020 renewable energy target.
Differences between high and low projections in climate models used by the IPCC stem mainly from
uncertainties over feedback mechanisms - for example, how the
carbon cycle and clouds will react to future warming.
Nevertheless, 69 % of respondents from large
carbon emitters indicate that their companies have cut emissions in anticipation of a
carbon price, and 84 % expect their company to do so
over the next three years - not withstanding significant
uncertainty about whether the
carbon price may be repealed.
Despite decades of persistent
uncertainty over how sensitive the climate system is to increasing concentrations of
carbon dioxide from the burning of fossil fuels, we now have new satellite evidence which strongly suggests that the climate system is much less sensitive than is claimed by the U.N.'s Intergovernmental Panel on Climate Change (IPCC).
Paterson doesn't dispute that
carbon dioxide is a greenhouse gas, but he says there is «considerable
uncertainty»
over how much warming we'll see.
Chief among them: the
uncertainties in
carbon flows from one year to the next are not independent of each other, which means that the total
uncertainty over time doesn't grow with the square root.
As of today, significant
uncertainties remain about the amount and permanence of
carbon sequestration
over the full lifecycle of
carbon farming techniques.
The group recommended that the government should resolve the
uncertainties over its plans for electricity market reform as soon as possible, as well as setting out a clear policy on the
carbon price floor — which ensures companies and generators pay a minimum price for their emissions - and work with industry to «foster a constructive dialogue with the public on energy policy».
Even
over the next hundred years, it is the response of the
carbon cycle, ecosystems and ice melting to increased GHG and temperature is where the greatest
uncertainties lie.
Because
uncertainty is vital to the analysis of climate change and SGE, we incorporate it into our analysis by solving a stochastic version of the DICE model, in which there is
uncertainty over either climate sensitivity — the degree to which increases in
carbon concentrations cause increases in temperature — or the risks of SGE.
The Florida Public Service Commission rejects the permit application of Florida Power & Light's 1960 MW Glades Power Plant citing, in part,
uncertainty over the cost of future
carbon regulations.
But that is too high a price to pay in part due to the
uncertainty over what federal and state governments will do to reduce
carbon emissions to combat global warming, the spokesman explained.
Just as much of the world languishes in
uncertainty over the future of a low
carbon transition, the Globe and Mail reports that Canada steps up and announces an almost complete phase out of coal for electricity by 2030 at the latest.
And when oil producing nation's even consider divesting, they underline the considerable economic
uncertainty around
carbon bubbles and an economy
over reliat on fossil fuels.
Understanding the risk of half a degree of extra warming brings other scientific challenges, including the need to narrow the
uncertainty over how much warming a given amount of
carbon produces, known as the climate sensitivity, and the role of short - lived gases, such as methane.