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Senators Sanders, Boxer propose legislation to institute GHG price on large stationary sources and remove support for fossil fuel industries

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trillion in revenue over 10 years and reduce GHG emissions by approximately 20% from 2005 levels by 2025. The Family Clean Energy Rebate Program would use 60% of the funds from the carbon fee and use the model developed by Alaska’s oil dividend to provide a monthly rebate to every legal US resident to offset potential energy price increases.

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EIA: China’s use of methanol in liquid fuels has grown rapidly since 2000; >500K bpd in 2016

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Beginning with its February Short-Term Energy Outlook (STEO), EIA incorporated revisions to historical international liquids consumption data into the STEO’s international liquid fuels market balances. Source: EIA and Argus Media group, China Methanol to Energy Study , January 2017. Click to enlarge. Background.

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Final session on international mercury convention this week expected to culminate in agreement; UNEP Global Mercury Assessment 2013 finds industrial source Hg emissions may be rising

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Comparison of Hg emissions in 2005 and 2010, by selected sector and region. Unintentional emission sectors: Coal burning, ferrous- and non-ferrous (Au, Cu, Hg, Pb, Zn) metal production, cement production. Artisanal and small-scale gold mining and coal burning are the major sources of anthropogenic mercury emissions to air.

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House Chairmen Waxman, Markey Release Draft of Energy and Climate Legislation; Among the Many Provisions Are Cap-and-Trade, Harmonization of CAFE and California Vehicle Regulations, and Low Carbon Fuel Standard

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The draft promotes development of carbon capture and sequestration (CCS) technologies to establish a continuing place for coal in the US energy mix. The draft includes a CCS early demonstration program, incentives for the wide-scale commercial deployment of CCS, and performance standards for new coal-fired power plants.

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Devil in the Details: World Leaders Scramble To Salvage and Shape Copenhagens UNFCCC Climate Summit

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From an official point of view, COP 15 is to be informed by the most recent report from the UNFCCC’s International Panel on Climate Change (IPCC), the Fourth Assessment Report (AR4), published in 2007. “ We are not aiming to let anyone off the hook. Climate Change And The IPCC Fourth Assessment Report.

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Perspective: The Role of Offsets in Climate Change Legislation

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Some offset projects may provide further benefits, such as: (a) the promotion of sustainable development; (b) improvements in air or water quality; (c) the creation of new domestic and international economic opportunities; and (d) the incentivization of innovation as parties seek new methods of generating offsets. CREDIBILITY OF OFFSETS.

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Perspective: The UN Approval Process for Carbon Offsets

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Since 2005, when major greenhouse-gas emitters among the Kyoto signatories were issued caps on their emissions and permitted to buy credits to meet those caps, there has been more than $300 billion worth of carbon transactions. Donovan is an engineer and attorney with more than thirty-four years of international business experience.

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