It is often claimed that additional actions to reduce greenhouse gas emissions in sectors covered by the EUETS are ineffective because total emissions are set by the level of the cap. 2,123 more words
Tags » Emissions Trading Scheme
It is a subsidy, in a sector that likes to think it was weaned off subsides in the 1980s. - Brian Fallow.
If you own a car or a truck, you pay a price on the carbon dioxide emissions from its exhaust pipe. But if you own cows or sheep, the emissions of methane when they belch or nitrous oxide when they urinate are exempt under the emissions trading scheme. 74 more words
Standard objections to introducing price containment mechanisms into the EUETS carry little weight. It’s time to give price containment more serious consideration.
With the price of allowances in the EUETS currently down at around €4/tCO2 the question of whether direct price containment (price floors and ceilings) should be introduced has naturally been the subject of renewed debate, especially in the light of the French proposal earlier this year to introduce a price corridor. 1,401 more words
A Labor government would bring in its emissions trading scheme (ETS) in two stages, together with a separate scheme for the electricity sector, under a climate change action plan released by Opposition leader Bill Shorten and climate spokesman Mark Butler on Wednesday. 550 more words