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Saying that “ investment-grade climatechange and clean energy policy is required to shift private sector investment from high-carbon to low-carbon assets ”, a group of 285 investors has urged governments and international policy makers to take new and meaningful steps in the fight against climatechange.
Significant climate anomalies 2008/2009. Source: ClimateChange Compendium. The developing and least-developed economies, 80% of the world’s population, accounted for 73% of the global growth of emissions in 2004. Click to enlarge. Earlier post.). Earlier post.). Global emissions were growing by 1.1%
This article shows that including offsets in climatechange legislation would likely make an emissions program more cost-effective by: (a) providing an incentive for non-regulated sources to generate emission reductions; and (b) expanding emission compliance opportunities for regulated entities. Assuming the offset is legitimate—i.e.,
The firm modelled how Canada can achieve both the federal government’s current target (20% below the 2006 level by 2020) as well as a more ambitious target (25% below the 1990 level by 2020). The study indicates that Canada can implement much stronger climate policies than the US and still prosper economically.
These figures raise the pressing question of whether scarce government funds might be better allocated to move the United States towards a low-carbon economy. billion—are attributable to corn-based ethanol, the climate effects of which are disputed. Tags: ClimateChange Fuels Policy. Adeyeye et al.
World marketed energy consumption is projected to grow by 44% between 2006 and 2030, driven by strong long-term economic growth in the developing nations of the world, according to the reference case projection from the International Energy Outlook 2009 ( IEO2009 ) released today by the US Energy Information Administration (EIA).
The Land Sink, represented by the outer ring, offset the equivalent of 13% of total US anthropogenic emissions in 2006. The entire pie chart represents total US emissions in 2006; the inner portion of the pie chart represents net emissions. Tags: ClimateChange Emissions Land use Policy.
announced its next environmental sustainability strategy—PLANET 2050—which includes science-based goals that meet or exceed the goals in the United Nations Paris agreement on climatechange. Cummins Inc. By 2050, Cummins is targeting net-zero carbon emissions. —Eric Olson, Senior Vice President at BSR.
The GISS ModelE2 provides the initial and boundary conditions to a regional climate model for the years 2006?2010 The CT1 and CT2 scenarios, applied economy-wide and in nominal dollars, are intended to represent an upper and lower end of carbon tax options. ClimateChange Emissions Health Policy' 2010 and 2048?2052.
California will be developing an investment plan for the auction proceeds from the cap-and-trade program to reduce greenhouse gases that contribute to climatechange. The Global Warming Solutions Act of 2006 (Chapter 488, Statutes of. The meeting will be held 24 May, from 1:30 p.m. to 5:00 p.m.
Liquid fuel consumption by end-use sector, 2006-2030. As a result, the sector could have a major long-term impact on climatechange and world energy usage, if strategic investments are not made, according to the research. Transportation is a major contributor to the US economy. Source: CDP. Click to enlarge.
But in a year that has seen both a worsening recession and state budget crisis, residents’ support for urgent action on climatechange has slipped and a partisan divide on the issue has widened. Most residents (66%) support the 2006 California law (AB 32) that requires greenhouse gas emissions to be reduced to 1990 levels by 2020.
CARB developed the program to help support a return to 1990 levels of climate-changing gases by 2020, as required by AB 32, the 2006 landmark climate bill. Now a climate target of an additional 40 percent overall reduction of climate-changing gases is in place for 2030, under SB 32.
At the other end of the spectrum, a transportation policy with rigid fuel-economy requirements is the most expensive policy, costing more than $1 trillion in 2006 dollars, with health benefits recouping only a quarter of those costs. ClimateChange Emissions Health Policy' Thompson, R. Saari, and N.
while the US GDP is projected to grow by 40%, according to the fifth National Communication on US climatechange actions submitted by the US Department of State to the United Nations Framework Convention on ClimateChange. The United States released previous Climate Action Reports in 1994, 1997, 2002, and 2006.
A new report from MIT’s Joint Program on the Science and Policy of Global Change suggests that a tax on carbon emissions could help raise the money needed to reduce the US deficit, while improving the economy, lowering other taxes and reducing emissions. —Rausch and Reilly (2012). —John Reilly.
The California Global Warming Solutions Act of 2006 (Assembly Bill 32 (AB 32); Stats. 2006, chapter 488) created a comprehensive, multi-year program to reduce greenhouse gas (GHG) emissions in California. Development of the Scoping Plan is a central requirement of AB 32.
Verification of the emission reduction or carbon sequestration is critical in efforts to mitigate climatechange. One question is who will be responsible for verifying changes in carbon, which raises questions about the role of a regulatory agency for accrediting claimed changes in carbon levels from an activity.
Canada has committed to reduce total greenhouse gas emissions by 20% from 2006 levels by 2020. These regulatory standards will be equivalent to applicable US national fuel economy standards. Tags: Canada ClimateChange Emissions Policy. Earlier post.). Earlier post.). (A A hat-tip to Bob!).
They also note that if the scale of analysis is that of the entire economy, the value commonly referenced for economy wide emissions is that oil sands constitute ~5% of Canada’s emissions. Keith (2006) Life Cycle Assessment of Oil Sands Technologies (Paper No. 4 014005 doi: 10.1088/1748-9326/4/1/014005. Bergerson and David W.
Under Assembly Bill 32 passed in 2006, California must reduce its emissions to 1990 levels (431 million metric tons) by 2020. The state’s latest Greenhouse Gas Emissions Inventory shows that California emitted 429 million metric tons of climate pollutants in 2016—a drop of 12 million metric tons, or three percent, from 2015.
Indexed European transport sector greenhouse gas emissions, 1990-2006. The total volume measured in tonne-kilometers for EU Member States increased by 35% (650 million tonne-km) between 1996 and 2006. The number of kilometers travelled by passengers in EEA member countries grew by 1% (equivalent to 65 million kilometers) in 2006.
Transportation sources accounted for approximately 40% of all GHG emissions in the US in 2006; medium- and heavy-duty vehicles (above 8,500 gross vehicle weight rating) represent about 22% of the transportation emissions, up from 15 percent in 1990, according to the EPA. million barrels per day. million barrels per day.
The California LCFS calls for at least a 10% reduction from 2006 levels in the carbon intensity (measured in gCO 2 e/MJ) of California’s transportation fuels by 2020. The regulation also levies the calculation of Indirect Land Use Change (ILUC) effects against biofuels, against the opposition of the biofuels industry.( Earlier post.).
I firmly believe the fight against climatechange and how we use resources will decide the future of our society—and of the BMW Group. Having already lowered emissions per vehicle produced by more than 70% since 2006, the BMW Group now aims to reduce its emissions (Scope 1 + 2) by a further 80% from 2019 levels by 2030.
gigatons) between 2006 and 2030, fueled by a growing number of cars on the road (from 730 million to 1.3 McKinsey analyzed the abatement potential of each scenario relative to two reference points: projected future automotive sector emissions (assuming no action is taken to reduce emissions) and 2006 emissions figures.
The report, Inventory of US Greenhouse Gas Emissions and Sinks: 1990-2007 , is the latest annual report that the United States has submitted to the Secretariat of the United Nations Framework Convention on ClimateChange. Total emissions of the six main greenhouse gases in 2007 were equivalent to 7,150 Tg of carbon dioxide.
Established in 2002 under Senate Bill 1078 and accelerated in 2006 under Senate Bill 107, California’s Renewables Portfolio Standard (RPS) is one of the most ambitious renewable energy standards in the country. Green energy technology is the wave of the future — and the way to rebuild our economy is to start with clean energy.
Implementation of the program will, however, shift investment and growth within the overall economy toward those sectors driven by the production of cleaner and more efficient technologies. Tags: ClimateChange Emissions Fuels Policy. percent, virtually on par with the projected rate of 2.4 Transportation fuels.
To educate and motivate the public about the most accurate science facts and the best environmental practices, and to assist and partner with the City of Torrance and the South Bay Environmental Services Center to help the city meet state and county environmental standards/mandates in four key areas: 1. ClimateChange / AB 32 Emissions Goals.
2015) formulated by the National Development and Reform Commission of China (NDRC), coal consumption will be limited to 3900 million metric tons (MMT) by 2015, which will present a challenge given the tremendous increase in coal use within the last 5 years (2300 MMT in 2006 and 3200 MMT in 2010).
in a year while not experiencing an economic downturn since California passed AB 32 in 2006. This year’s Index highlights just how much things need to change. But, if any state can achieve this level of reductions while supporting a healthy economy, it’s California. Now the state must double that each year.
There is an argument that in the long term a low carbon economy will be cheaper than the current one, but with time of the essence richer countries will need to pay billions now. Fast emerging economies need an incentive to stop building coal powered plants, and, again, the emphasis is on the richer countries to step in.
This agreement addressed, in part, EPA’s September 2007 remand of its February 2006 final decision not to set standards for boilers. Therefore.EPA anticipates that the proposed EGU GHG NSPS will result in negligible CO 2 emission changes, energy impacts, quantified benefits, costs, and economic impacts by 2020. fired EGUs.
The LCFS calls for at least a 10% reduction from 2006 levels in the carbon intensity (measured in gCO 2 e/MJ) of California’s transportation fuels by 2020. Tags: ClimateChange Emissions Fuels Policy. Earlier post.). 2009) Assessment of Life Cycle GHG Emissions Associated with Petroleum Fuels.
Since the advent of the first Low-Emission Vehicle regulations in 1990 and the passage of California Assembly Bill 32 (AB 32) in 2006, the California Air Resources Board (ARB) has attempted to address the state’s air quality and climate goals by requiring development of motor vehicles that do not directly emit NO x or other criteria pollutants.
The document provides high-level guidance for accelerating progress toward a zero-emission future while protecting and strengthening the ports’ competitive position in the global economy.
That’s the verdict on policies to tackle climatechange according to a survey by the Public Policy Institute of California. It found that in a year with a worsening recession, residents’ support for urgent action on climatechange has slipped.
CRI, founded in 2006 in Reykjavik, Iceland, is developing technology to produce renewable methanol from clean energy and recycled CO 2 emissions. These strategies are closely linked to the economy. The investment consists of an initial investment and additional purchases of CRI equity over a 3-year period.
Oh yeah, it’s just coming up with that big up front check in this economy that’s the tough part. Well more so now than it was prior to 2006 and that’s just because electric cars are becoming more readily available. I’m not asking them for money, I’m asking them to change a rule. But we take care of everything.
After 150 years without much happening around electric vehicles, Tesla set off a spark in 2006 that triggered a chain reaction of rapid growth and change. Government agencies, nonprofits and businesses large and small are all increasing their commitment to developing a sustainable economy and curbing the effects of climatechange.
Current climatechange policies which focus on overall carbon emissions are failing and should be abandoned, a consortium of research institutes concludes. But the best case outcome being predicted is merely more of the symbolic exhortation that has characterised climate policy for almost two decades.”.
The discussions focussed on the potential gains to be made in the areas of Fuels and Fuel Economy, Electrification and Traffic Management, each of which were examined through a series of provocative presentations and workshop sessions. About the smartest thing we can do to deal with this problem is to become more fuel efficient.
Instead, on a kayak tour with Serlon St Jago, a guide from the Curaçao Rif Mangrove Park , we were learning about the country’s mangrove restoration, and the vital role mangrove habitats play in coastal resilience, protection for marine and bird species, and fighting the effects of climatechange. million visitors.
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