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Group of 285 global investors with more than $20T in assets under management calls for urgent action on investment-grade climate change and energy policies; guidelines for governments

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Saying that “ investment-grade climate change 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 climate change.

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Cleaner fuels have replaced more than 3B gallons of diesel under California Low Carbon Fuel Standard

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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.

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Perspective: The Role of Offsets in Climate Change Legislation

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This article shows that including offsets in climate change 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.,

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UOP/Solazyme Neat Renewable Diesel from Algae Oil Powers Vehicle at United Nations Climate Change Conference

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One of those vehicles is a Mercedes-Benz E-Class powered by unblended renewable diesel produced by UOP’s Ecofining process ( earlier post ), using oil from algae provided by Solazyme. UOP launched its Renewable Energy & Chemicals business in late 2006. Earlier post.).

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Study Finds that US Subsidies for Fossil Fuels Are Almost 2.5x Those for Renewables

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US subsidies for fuels and renewable energy, 2002-2008. The study, “Estimating US Government Subsidies to Energy Sources: 2002-2008”, found that fossil fuels benefited from approximately $72 billion over the seven-year period, while subsidies for renewable fuels totaled $29 billion. More than half the subsidies for renewables—$16.8

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California clean fuels rule reports 100% compliance in 2017

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It was originally developed to support a return to 1990 levels of climate-changing gases by 2020, as required by AB 32, the 2006 landmark climate bill. As an example, in 2017, renewable liquid fuels displaced over 500 million gallons of diesel, and more than 100 million gallons were displaced by renewable natural gas.

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BMW Group pushes low-emission transport logistics; joins Getting to Zero Coalition

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Ahead of the United Nations Climate Change Conference (COP 25) in Madrid and as part of the Group’s commitment to further reduce carbon emissions along the entire value chain, the BMW Group has joined the “ Getting to Zero Coalition ”. The objective of this initiative is to use zero-emission cargo vessels from 2030.

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