Not exact matches
Alberta's approach will use this
very tool, and it substantially
lowers the cost of
carbon pricing on oilsands facilities — in fact, the efficient facilities may come out ahead.
Fortunately, RGGI's design built in a «
price floor,» a minimum
price for each «allowance» (or pollution permit), which made the system function like a
very low carbon tax of $ 2 per ton of CO2 until 2013.
And of course my favorite non-BRICS, as it has a
very USA - like economy in miniature (except a stable, growing economy and well - managed
low - corporate - tax haven that uses direct democracy to decide tax issues) with a
carbon cycle
pricing scheme that could become a model for a made - in - America policy that puts revenues from
carbon - emission -
pricing in the pockets of the owners of the
carbon cycle — the citizens, directly, British Columbia.
This is for a variety of reasons, not limited to; a banked excess, borrowing from forward allocations, reduced emissions, leakage list inclusion, CER switching or simply because
carbon prices are
very low, by historical measures.
This will remove
carbon credits from the market & raise the
prices in the opposite way that energy efficiency
lowers prices etc, and looks like a
very good way to get environmental benefit for $ s. I always wondered this.