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MIT report finds China’s actions on climate change crucial; argues for global economy-wide greenhouse gas tax

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A new report from the MIT Joint Program on the Science and Policy of Global Change shows the importance of all major nations taking part in global efforts to reduce emissions—and in particular, finds China’s role to be crucial. The researchers argue for a global economy-wide greenhouse gas tax that spreads the burden of responsibility.

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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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Final report of Garnaut Review Update recommends carbon pricing scheme for Australia to do its fair share on climate change

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It will be much harder and more expensive for Australia to do its fair share on climate change without a carbon pricing scheme, according to the final report of the Garnaut Climate Change Review – Update 2011, Australia in the Global Response to Climate Change. Earlier post.)

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CARB releases 2022 draft Scoping Plan update

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The California Air Resources Board (CARB) has released the draft 2022 Climate Change Scoping Plan —the third update to the state’s initial 2008 Scoping Plan. The draft 2022 Climate Change Scoping Plan was developed by the California Air Resources Board in collaboration and coordination with multiple state agencies.

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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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UN Review of Recent Climate Research Concludes That Impacts Of Climate Change Coming Faster Than Anticipated

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Significant climate anomalies 2008/2009. Source: Climate Change Compendium. This is despite the fact that natural variation will partially offset the warming signal from greenhouse gas emissions. In 2008, the minimum ice extent was 9% greater than in 2007, but still the second lowest on record.

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Global Mobility Report finds world not on track to achieving sustainable mobility

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According to the report, apart from being inaccessible to many of the world’s most vulnerable, the transport sector today is plagued by high fossil fuel use, rising greenhouse gas emissions, air and noise pollution, an alarming number of road fatalities, and a reluctance to embrace digitalization. from 2008–2012. from 2008–2012.

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