Sentence examples for allowance to emit from inspiring English sources

To put this in perspective, an allowance to emit a ton of CO2 costs about $20 on the European Climate Exchange.

The threshold of 1 tonne of CO2 emission was considered since values higher than 1 tonne of CO2 emission would exceed the maximum allowance to emit without harming the climate.

So Congress set up a trading system in which power companies can buy and sell "allowances" to emit sulfur dioxide.

Opt-outs were granted from plans to force large polluters to buy allowances to emit carbon at auction.

A cap-and-trade market is designed to achieve a pre-specified reduction in GHG emissions by issuing "allowances to emit" equal to the desired level of GHG emissions.

Unlike the final plan of the northeastern states, the western plan, reflecting industry suggestions, requires that only 10percentt of the allowances to emit gases be sold at auction; the rest are given to individual industries.

The Emissions Trading Scheme (ETS), the centrepiece of the EU's pledge to cut greenhouse gases, has already been criticised for giving many companies allowances to emit more emissions than they need, leaving little incentive to reduce pollution, and for lax regulation.

Its purpose was threefold: to cut emissions; to get polluters to pay for the damage they cause; and to get industry to invest in cleaner technology.Under the ETS, countries set national targets for emissions and give 13,000 factories and power plants in Europe's five dirtiest industries allowances to emit a certain quantity of carbon.

From 2026, that money will return to customers as cash.On the supply side, power-generating utilities are to get a long phase-in period, with generous initial allowances to emit CO²; these taper away until 2030, when all emissions permits must be bought.

But that has inspired another concern: Industries could buy and hoard so many allowances to emit greenhouse gases now that they might not need to actually reduce emissions in the future, when the state's emission target becomes especially stringent.

The program--one of the first economy-wide programs put in place--aims to reduce greenhouse gas emissions by creating a fixed number of permits, called allowances, to emit a single ton; compliance entities and other market participants can buy and sell allowances, thereby enabling the market to determine the lowest-cost compliance path.