Sentence examples for two allowances from inspiring English sources
The price of phase two allowances has risen to a level high enough to get some power generators to switch from coal to gas at the margin when the gas price is moderate; but not high enough to get them to replace coal-fired power stations with gas-fired ones nor to encourage much of the innovation that carbon trading had been expected to spawn.
"If I'm Switzerland, and I've got a link with the EU ETS, and my target is higher than the EU ETS, then I might need to discount the value of an EU allowance," says Swartz - meaning that Switzerland could buy two allowances from EU ETS (or from any comparable system, for that matter) and count it as one ton against its target.
Sadie's Dream also gave Leo and Sadie a victory at their beloved Keeneland, where their horses have won two allowance races and finished third in another.
Buyers at the auction took just 785,000 of the 43 million allowances offered, each of which allow the emission of one metric ton of carbon dioxide.
Phase one allowances (2005-08) are now virtually worthless.
Some 39.5 million allowances covering emissions in 2015 will also be on sale Wednesday.
Each certificate represents three allowances and sells for $25 through the council's Web site at www.adirondackcouncil.org.org
Among traders and regulators, there was relief that all of the 23.1 million allowances covering 2013 emissions that were up for auction were sold.
Almost all of the 23.1 million allowances that California has given out to utilities and industry for complying with the program in 2013 have been free; the auction will measure how they are actually valued by the market.
New York, which currently auctions 97percentt of its 64 million allowances and sets aside 3percentthatat can be given away, sells a higher proportion than most other RGGI states.
Sandbag forecasts a 29% drop in carbon emissions by the decade's end which, along with a glut of two billion allowances, could slow the pace of climate action in the 2020's.
