2024 Year 6 Month 20 day thursday
U.S. Prices Carbon Dioxide at More Than $13 a Ton in Draft Plan
      April 22 (Bloomberg) -- A proposed law to limit U.S. greenhouse gas emissions would price carbon dioxide permits in a range of $13 to $26 a metric ton by 2015, according to a preliminary government analysis. Permit prices would nearly double if the U.S. banned greenhouse gas reduction projects in developing countries from selling so-called “offsets” to domestic industry, the Environmental Protection Agency said in a report late yesterday. The agency included the carbon price estimates in a study of a draft climate change bill which is under debate in Congress. The proposed law would create a “cap-and-trade” program to cut U.S. greenhouse gas emissions to 83 percent below 2005 levels by 2050. The study was released at the start of a week of hearings on the proposal, written by Democrats Henry Waxman of California and Ed Markey of Massachusetts. The price range of $13 to $26 a permit was the result of five rounds of economic modeling that each used different assumptions. For 2020, the estimated permit price range is $17 to $33, the agency said. Each permit, also known as an allowance, would give the holder the right to emit the equivalent of one metric ton of carbon dioxide. In Europe, carbon dioxide permits closed yesterday at 13.22 euros ($17.09). Permits issued under a cap-and-trade program in the U.S. Northeast known as the Regional Greenhouse Gas Initiative closed yesterday at $3.70 each. The modeling “does not reflect the full range of possible allowance prices” that could result under a U.S. cap-and-trade program, according to the executive summary of the report. The agency said its estimated carbon dioxide permit prices rose 96 percent when the model assumed international offsets would be banned. Carbon credits from offset projects in countries such as China and India are accepted in Europe’s cap-and-trade program to reduce greenhouse gas emissions from power plants and factories. Lisa Jackson, the Energy Protection Agency’s administrator, is expected to testify before the House Energy and Commerce Committee today.
 · TLH Group Core Values
 · 0Shipping exec sees more toug
 · Escondida Q1 output down 30 p
 · Total’s Texas plant shutdown
 · China Jan imports of refined
 · U.S. Gas Production Seen Slid
    Carbons & Graphites
     Electrically Calcined Anthracite
     Calcined Anthracite Coal
     Graphitized Petroleum Coke
     Calcined Petroleum Coke
     Carbon Additive /Gas Calcined Anthracite
     Graphite Scrap
     Carbon Electrode Paste
     Anthracite Filter Media
    Met Coke
     Semi Coke
     Foundry Coke
     Metallurgical Coke
    Metallurgical Products
     Calcium Carbide
     Silicon Carbide
     Silicon Carbide Briquette
     Silica Fume
    Ferro Alloys
     Ferro Silicon
     Silicon Metal
     Ferro Manganese
     Silicon Manganese
     Calcium Silicon
     Ferro Silicon Magnesium
     Ferro Chrome/Low Carbon
     Magnesium Ingot
    Manganese Series
    Chemical Products
    Coke & Graphite
    Refractory Materials
    Iron & Steels
 Company: Ningxia TLH Group Co., Ltd.
 Add: No.12-5, Minzu South Street, Xingqing District, Yinchuan, Ningxia, China
 Tel: 86-951-5124500
 Fax: 86-951-5124500,Ext.805
 Email: sales@tlh-group.com
 Website: www.tlh-group.com


Ningxia TLH Group Co., Ltd.All rights reserved.
Add:No.12-5, Minzu South Street, Xingqing District, Yinchuan, Ningxia, China
Tel: 86-951-5124500 Fax: 86-951-5124500,Ext.805  Mobile:17395175258 ; Post Code: 750006
Website: www.tlh-group.com E-mail: sales@tlh-group.com,export@tlh-group.com
Msn: tlh-group@hotmail.com; Skype: tlh-group; tlh_group;