Sentence examples for supply of permits from inspiring English sources

But some argue that limiting the supply of permits will raise costs for businesses during the euro zone's worst economic crisis.

If the price of carbon rises beyond a threshold, the government will allocate an unlimited supply of permits at that price.

The price of emissions, and therefore the effect of the program on fuel and energy prices, will be determined by the total supply of permits (the cap), not by how they are initially allocated.

Yet a ferocious lobbying battle is under way as European Union regulators seek to overhaul dysfunctional parts of the market by charging polluting companies more and reducing the supply of permits.

To reduce the supply of permits and drive up the price, the environmental committee of the European Parliament voted to allow the European Commission to reduce the number of allowances to be auctioned over the next three years.

But it increases the effective supply of permits, which pushes down the price now languishing at around €5 a tonne, while companies are cutting emissions at a cost of over €150 a tonne under the renewables programme.Given that many of Europe's economies are so weak, it is tempting to say: abandon these failed policies and give up trying to restrict emissions.

The price has recently been hit by the recession which sent emissions tumbling while supplies of permits remained abundant.

To counter this difficulty, Herr Rembrandt quickly turned out a supply of forged permits.

By cutting the supply of new permits, the EU aims to pep up the price.

More investment in renewable power and electrical energy efficiency unfortunately cannot be guaranteed to do the same unless some of the fixed supply of pollution permits are also cancelled.

In an effort to correct this, on February 28th a committee of the European Parliament approved a proposal to constrict the supply of ETS permits associated with yet another new green rule, concerning energy efficiency.