Sentences with phrase «uncertainty over carbon»

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to do so over the next three years - not withstanding significant uncertainty about whether the carbon price may be repealed.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.
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