Sentences with phrase «when carbon pricing»

He calculates that in 2012, when the carbon price was introduced, emissions from the National Electricity Market were 95 megatons of CO2 per year.
Cons: The major problem with geologic sequestration right now is economics: unless geologic sequestration is coupled with EOR, there aren't many sources of revenue associated with the process (especially when carbon prices remain so low and uncertain).
We all know that making cement is an energy - intensive process, so when carbon prices are introduced in North America it's going to have a major impact on an industry that quite literally lays at the foundation of our economy.
I didn't notice any massive destruction of jobs when the carbon price / tax was introduced in 2012, but rather than do my own analysis, I thought I'd take a look at the government's own Budget outlook, to see how many jobs they claim to have been destroyed by the carbon tax, and what great benefits we can expect from its removal.
When the carbon price or carbon Capture and storage (CCS) is introduced, the cost of gas is doubled.

Not exact matches

Coal remains cheaper, but when you factor in the reduced capital cost (gas plants cost between a quarter and a third what coal plants of equivalent output do), the life - cycle costs point to gas, even in the absence of a price on carbon emissions.
When it decided to attach a price tag to carbon emissions, Alberta turned to the Gazette announcement, crafting a system targeting emissions above 100,000 tonnes per year through intensity targets.
If energy costs go up when there's a price on carbon... and an incentive comes in then, it actually helps people make changes.»
The earliest the NDP could form government and, conceivably, begin to establish a price on carbon is 2015, when the next election is expected to occur.
We contracted Navius Research to model what the policies in the climate plan would achieve when combined with a federal carbon price.
Grannies from Grand Rapids and cowboys from Colorado might vote for Delta Air Lines to provide more legroom, Exxon to assume a higher carbon price when it drills for oil, IBM to move some jobs from Delhi to Detroit and Apple to pay a higher tax rate than its current 18 %.
Consider the idea that shareholder might vote on whether Exxon should «assume a higher carbon price when it drills for oil.»
There are certainly times when new technologies can use a push over and above the carbon price, but you have to make that case clearly.
(Is it possible that when John Baird, Jim Flaherty, Stephen Harper and Jim Prentice were advocating for cap - and - trade and a price on carbon, they were intending to ruin hot chocolate, baseball and birthdays?
Going it alone and imposing carbon price costs on Canadian businesses, when their US direct competitors face no comparable carbon costs, puts Canadian businesses and jobs at risk.
The game changing election of Donald Trump to President of the United States and the competitiveness implications for Canadian carbon pricing policies should be at the top of the agenda when First Ministers meet in December.
To rail against carbon pricing, when most Canadians want something done, is to open the door to more burdensome regulations and a worse competitive position for Canadian firms abroad.
It's scandalous that they should earn millions of pounds for doing nothing when the government introduces its carbon floor price next year.
Eliminating this financial risk premium makes nuclear power levelized electricity cost competitive with that of coal, and it becomes lower than that of coal when a modest price on carbon dioxide emissions is imposed,» the report says.
That gap didn't exist in 2008, when both Obama and Arizona Sen. John McCain (R) campaigned to enact a carbon price.
Depending on how climate impacts unequally affect the rich or poor within every region, the optimal policy may involve a lenient or sharp increase in the price of carbon over the next decades (lenient when impacts are proportional to income, sharp when impacts are concentrated on the poor).
Khanna says that a price on carbon would be one way to equalize the cost of using gasoline and ethanol for consumers when filling up their tank.
Anybody who has lived in this country for the last 18 months knows that when petroleum prices go up and down, you have a variety of indirect carbon effects in the market.
A higher population leads to a higher carbon price but a lower optimal peak temperature; this is because it is even more important to limit temperature rise when there are more future people who will suffer the damages.
Even given government incentives and a price on carbon, however, ArborGen must satisfy concerns from regulators and environmental groups that its engineered trees will not, especially when gifted with the ability to resist cold, spread untrammeled through forests.
Priced at $ 9,250, the carbon ceramic brakes — featuring gargantuan rotors that look like the world's most expensive thick - crust pizzas — had seemed like an outrageous upgrade when I'd scanned the options list, but they sure come in handy now.
Newly developed M carbon ceramic brakes can be purchased as well and despite the high price tag, BMW M is confident it will be a popular sell, especially among German customers that need extra braking abilities when reaching 300 km / h.
With 755 horsepower the 2019 Chevrolet Corvette zr1 is the most powerful Corvette ever it's also the most technologically advanced behind me are the rolling s's at Road Atlanta and we're here to see if we can reach to the supercar levels of performance afforded by this thing's massive power big tires and the tall wing on the back after that we'll take to the streets to see if a car this powerful can behave itself in public this is a monster of a car I've had some brief track opportunities moving this morning to get used to the pace of this machine which is phenomenal we're gonna warm up as we get out to the road Atlanta and sort of build up to the pace that this car can operate at now initially when you hop in this car you have this shrine to the engine right above you you see the line of the hood it kind of dominates the center of the view you can see over it it doesn't affect visibility but it's immediately obvious and that kind of speaks to what makes this car special it's a monster of an engine listen to that [Music] that is tremendous tremendous acceleration and incredible power but what I finding so far my brief time here at the Atlanta is that everything else in the car is rut has risen to match hurt me while I lay into it on the back straight look you know 150 mile - an - hour indicated we're going to ease up a little bit on it because I need to focus on talking rather than driving but like I was saying the attributes of the rest of the car the steering the braking capability the grip every system of this car is riding to the same level of the power and I think that's what makes it really impressive initially this is undoubtedly a mega mega fast car but it's one that doesn't terrify you with its performance potential there's a level of electronic sophistication that is unparalleled at this price point but it's hard not to get you know totally slipped away by the power of this engine so that's why I keep coming back to it this car has an electronically controlled limited slip differential it has shocks filled with magnetically responsive fluid that can react faster to inputs and everything this car has a super sophisticated stability control system that teaches you how to drive it quick but also makes you go faster we haven't even gotten into exploring it yet because the limits of this car are so high that frankly it takes a while to grow into it but [Music] I think what's impressive about this car is despite how fast it is it is approachable you can buy this car to track dates with it and grow with it as a driver and as an owner I think that's a really special [Music] because you will never be more talented than this car is fast ever unless you are a racing driver casually grazing under 50 miles an hour on this straight okay I'm just going to enjoy driving this now [Music][Applause][Music] this particular Corvette zr1 comes with the cars track performance package a lot of those changes happen underneath the sheet metal but one of the big differences that is immediately obvious is this giant carbon fiber wing now the way this thing is mounted is actually into the structure of the vehicle and it makes you know loading the rear hatch a bit more difficult but we're assuming that's okay if you're looking for the track performance this thing delivers also giving you that performance are these Michelin Pilot Sport cup tires which are basically track oriented tires that you can drive on the street but as we wake our way to the front of the thing what really matters is what's under the hood that's right there's actually a hole in the hood of this thing and that's because this engine is so tall it's tall because it has a larger supercharger and a bunch of added cooling on it to help it you know keep at the right temperature the supercharger is way larger than the one on the zo six and it has a more cooling capacity and the downside is it's taller so it pops literally through the hood the cool thing is from the top you can actually see this shake when you're looking at it from you know a camera from the top of the vehicle this all makes for 755 horsepower making this the most powerful Corvette ever now what's important about that is this not just the power but likewise everything in the car has to be built to accommodate and be able to drive to the level of speed this thing can develop that's why you had the massive cooling so I had the aerodynamics and that's why I had the electronic sophistication inside [Applause] we had a lot of time to take this car on the track yesterday and I've had the night to think about things Matt today two crews on the road and see how this extreme performance machine deals with the sort of more civil minded stuff of street driving the track impressions remain this thing is unquestionably one of the most capable cars you can get from a dealer these days a lot of that's besides the point now because we're on the street we have speed limits they have the ever - present threat of law enforcement around every corner so the question is what does this car feel like in public when you slow this car down it feels like a more powerful Corvette you don't get much tram lining from these big wheels though we as the front end doesn't want to follow grooves in the pavement it is louder it is a little firmer but it's certainly livable on a day to day basis that's surprising for a vehicle of this capability normally these track oriented cars are so hardcore that you wouldn't want to drive them to the racetrack but let's face it you spend more time driving to the track than you do on the track and the fact that this thing works well in both disciplines is really impressive I can also dial everything back and cruise and not feel like I'm getting punished for driving a hardcore track machine that's a that's a really nice accomplishment that's something that you won't find in cars that are this fast and costs maybe double this much the engine in this car dominates the entire experience you can't miss the engine and the whole friend this car is sort of a shrine to it the way it pops out of the hood the way it's covered with coolers around the sides it is the experience of this car and that does make driving this thing special and also the fact that it doesn't look half bad either in fact I think it has some of the coolest looking wheels currently available on a new car this car as we mentioned this car has the track package the track package on this car gives you what they call competition bucket seats which are a little wide for my tastes but I'm you know not the widest person in the world this automatic transmission works well I mean there's so much torque again out of this engine that it can be very smooth and almost imperceptible its clunky on occasion I think I'd might opt for the manual although Chevy tells me about 80 % of its customers will go for the automatic I don't think they're gonna be disappointed and that's gonna be the faster transmission drag strip on the street - and on the racetrack man it was a little bit more satisfying to my taste though we've talked about the exhaust I have it set in the track setting let's quiet it down a little bit so you can hear the difference now I've set that separately from everything else so let's put it stealth what happened to the engine sound that's pretty that's pretty amazing man stealth is really stealth and then go back to track Wow actually a really big difference that's that's pretty great the Corvette has always been a strong value proposition and nowhere is that more evident than this zr1 giving you a nearly unbeatable track performance per dollar now the nice thing is on the road this doesn't feel like a ragged edge track machine either you could genuinely drive it every day the compromises are few and that's what makes this car so special if you like what you see keep it tuned right here and be sure to visit Edmunds.com [Music]
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It's a fine line which developers walk when they release one more game in any series since it runs the risk of falling into one of two extremes: either a completely different game or a carbon copy which costs another full price purchase.
To get those technologies off the shelf, a price on carbon is needed — but that price should start low and rise over time — it is the future price of carbon at the time when a new technology has emerged that provides the incentive for innovation, not the price of carbon today.
Scan for the point (around the 37th minute) when it seems to me that Romm's view, in seeking «any price» on carbon, overlaps with that of one of his prime targets, Bjorn Lomborg, the «skeptical environmentalist.»
Given that a coal - fired electricity generation plant produces about 1 ton of carbon dioxide per megawatt hour, Borenstein estimated that the price of greenhouse gas reductions would have to range from about $ 150 to $ 500 per ton of greenhouse gases to make the current solar PV technology a worthwhile investment when greenhouse gas reductions are considered.
Last month, the director of the Congressional Budget Office, Peter Orszag, told Congress that the average American household would pay $ 1,160 a year in higher prices when carbon dioxide emissions are cut 15 percent.
I remember when high - level clowns in the Bush administration were pointing to the decline in carbon emissions in the mid-2000s, but of course not taking credit (or blame) for the higher oil and gas prices that most agreed lay behind those declines.
Even while they are running adds criticizing governor Sebelius's decision, Peabody Energy is already incorporating a shadow price of carbon into their financial calculations when deciding if investments in new coal - fired power plants are viable.
But the report's author, Thomas Kerr, warned that this was a transitory pulse when sustained growth was needed, particularly given signs that no global price on carbon dioxide emissions was likely any time soon.
«Politically, the lesson here is that it's essential to assure people that when we cap or tax carbon and raise carbon prices even more than they are rising anyway that we have to protect them,» Mr. Barnes said Friday.
When it comes to the emerging class of carbon dioxide removal («CDR») climate change solutions, however, falling fossil fuel prices could prove quite positive, offering new opportunities for development.
A key reason why the Democrats didn't put a price on carbon when they were in control of the Congress in 2009 and 2010 was that Obamacare was much more important to them as an issue to be spending their political capital on, plus they could spend money on subsidizing the renewables as part of their economic recovery program.
A steadily rising fee on the production of fossil fuels based on the carbon emissions that will be released when they are burned will raise the price of fossil fuels, not all energy options.
Now, your own submission (http://www.environment.gov.au/submissions/carbon-tax-repeal/peter-lang.doc) doesn't bear up to scrutiny, when one looks at the other analyses, making assumptions that carbon pricing can't work unless it is global, and other absurdities.
This demonstrates that there is significant waste in the treatment of fossil fuels that will disappear when a price signal for wasting the resource is sent to consumers; further, we know there are significant and readily available alternatives for energy to energy derived from burning carbon, and when the price is made clear and fair, the preference for these alternatives is amply illustrated in the Market; from these two effects we see that the Law of Supply and Demand is relevant to the pricing of CO2E, and not monopolistic pricing.
1 This is particularly important at a time when there are no market signals, like a carbon price, to jumpstart domestic action and spur investment in clean energy.
I was too busy to post when it came out, but the Climate Institute has recently issued an important report on the implicit carbon price associated with such measures as renewable energy quotas.
My main point is a simple one — we need to anticipate a global price for carbon when taking decisions with long dated impact.
I absolutely agree with you that a capital subsidy is a distant second or perhaps third best policy to a carbon price when we are interested in limiting ambient carbon concentrations.
Burning coal emits the highest amount of CO2 per unit of energy it delivers, so coal is first on the firing line when it comes to emissions regulation and carbon pricing.
Harvey, in many cases when you compare the costs of new build power stations gas comes out cheaper than coal even without a carbon price.
But benign - sounding terms such as «carbon budget,» «carbon neutrality,» «zero carbon,» «carbon tax» and «carbon footprint» carry a deadly price tag when they become policy.
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