And CBO said half of the domestic offsets are actual emission reductions in uncovered sectors.
One would allow countries to measure emission reductions or increases against a "forward-looking baseline".
The emission reductions have thus resulted mainly from improvements to the efficiency of petrol and diesel engines.
The idea is that carbon dioxide emission reductions will result as travelers switch from automobile and airlines use.
FORBES: Cap & Tax: California's Recipe To Feed The Texas Economy
The Government is working towards emission reductions of 42% for 2020, and a long-term target of 80% for 2050.
The great virtue of cap and trade is that the system can be taken directly to the targeted emission reductions.
But after that it becomes increasingly difficult to secure additional emission reductions.
It's time for world leaders, negotiators and the public to increase their intensity, to develop more specific strategies, and deliver more emission reductions.
Cellulosic ethanol uses non-food feed stocks with significant greenhouse gas emission reductions, and the first commercial-scale plant is being built today in Soperton, Ga.
For Durban, we hope to see agreements for meaningful commitments for emission reductions, and the implementation of the agreements from Cancun towards supporting adaptation.
This means we need to see commitments towards real emission reductions that are binding and real financing for adaptation in the most vulnerable countries.
European rules restricting use of landfills and the carbon-emission reductions under the Kyoto Protocol have spurred further innovation and investment in Europe in green technologies.
Mr. JEFF HOLMSTEAD (EPA): We've improved the final rule so that it will get better emission reductions than we would have achieved under the proposal.
Some poorer countries, such as South Africa, are also offering proposed emission reductions, though they will not necessarily be willing to have them made binding.
Increasing LIHEAP subsidies could raise the overall cost of achieving any given level of emission reductions, because it would somewhat offset the price signals necessary to motivate households to undertake low-cost reductions.
FORBES: Carbon Tax Getting Serious Consideration As CBO Seeks To Address Regressiveness
Energy experts from Royal Dutch Shell in London to consulting firms working with industry on emission reductions said that people have yet to change their behavior when it comes to energy consumption.
FORBES: Climate Change Policies OK, So Long As It's Tax Free, Poll Says
Another success of the global carbon markets has been to provide a financial incentive that will result in around 2.5 billion tonnes of emission reductions being created in developing countries during 2008-2012.
During the cap-and-trade debates in 2009 and 2010, proponents cited scientific studies predicting that curtailing American CO2 emission reductions would shave a few hundredths of a degree off future temperatures.
Those achievements now include according to an account on Forbes from Energy Report 70 percent of the CO2-emission reductions the U.S. would have committed to under the Kyoto Protocol, had the U.S. ever signed that document.
FORBES: Surprise Side Effect Of Shale Gas Boom: Coal Boom Overseas
Clean renewables and energy efficiency technologies are booming in other countries, and could be the cornerstone of a green economic recovery, quickly secure our power and be a springboard for greater emission reductions in future.
Extensions to such power stations' lives were originally agreed in order to meet anticipated power shortages and to reduce the use of fossil fuels to help meet different countries' carbon dioxide (CO2) emission reductions commitments.
Regulations restricting use of landfills as well as the carbon emission reductions under the Kyoto Protocol have spurred further innovation and investment in Europe, particularly in the U.K., which is one of the most mature markets for renewable energy.
It also makes economic sense to encourage emission-reductions where they are cost-effective.
应用推荐