Sentence examples for issuing allowances from inspiring English sources
Like the EU scheme, California's programme aims to reduce aggregate carbon emissions by issuing allowances to pollute up to a certain limit, which will be lowered over the years.
New York, New Jersey, Delaware and New Hampshire did not issue allowances in this first quarterly auction but will participate in the future.
The governor said he would bar the Department of Taxation and Finance from issuing per diem allowances and travel reimbursements because the senators had not performed any work and because there was no duly recognized Senate president to request the money, as required by the State Constitution.
Europe's energy and industrial plants are being issued tradable annual allowances for emissions.
Over time, the number of allowances issued by the state will be reduced, which should force a reduction in emissions.
The price had fallen because it had become obvious that governments had issued too many allowances and the market would soon be flooded.
Talk in the olden days was of "positive and negative taxation", or a citizen's income, with personal tax allowances issued as payments, and any excess income being taxed.
And EU nations will be allowed to buy in credits for emissions reductions far from Europe, and count them against as much as 90% of their national reduction targets.Eurocrats say a reduced emphasis on auctioning permits won't undermine the benefits of the package; carbon-cutting discipline still comes from the ceiling on the number of allowances issued.
Known as America's Climate Security Act of 2007 S.21911), the bill would create a system in which businesses that create or deal with carbon emissions would be issued or sold allowances.
At one point the trading price was well above 30 euros per tonne But concerns over the growing number of allowances issued has caused a significant drop in recent years.
Under this approach, regulators restrict emissions by issuing a limited number of emission allowances, with the number of allowances ratcheted down over time, thus assuring ever-larger reductions in overall emissions.
