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Study finds limiting warming to 2 °C would require at least a $200/t carbon tax globally

Green Car Congress

Some will suffer greatly from climate change, while others may even benefit. Lloyd Distinguished Service Professor in Economics, and José-Luis Cruz of Princeton University assesses the local social cost of carbon (LSCC) and how that cost aligns with the carbon reduction pledges countries made under the Paris Agreement.

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Study: 25% EV adoption would save US $17B annually from avoided climate change & pollution damages

Green Car Congress

A new study led by researchers from Northwestern University projects that if electric vehicles replaced 25% of combustion engine cars currently on the road, the United States would save approximately $17 billion annually by avoiding damages from climate change and air pollution. Results show that in more aggressive scenarios—i.e.,

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Combating climate change via carbon credits | Autocar Professional

Baua Electric

In today’s world, climate change is a reality we have to contend with and among the various measures undertaken to combat it, carbon credits can prove to be an effective solution. Carbon credits can help in achieving net zero goals and inculcate better business practices as well. Upon success, they receive carbon credits.

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ExxonMobil, FuelCell Energy expand agreement to optimize carbonate fuel cell technology for large-scale carbon capture

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ExxonMobil and FuelCell Energy, Inc. signed a new, two-year expanded joint-development agreement to further enhance carbonate fuel cell technology for the purpose of capturing carbon dioxide from industrial facilities. The CO 2 from the anode exhaust stream is purified by chilling the stream to extract CO 2 liquid.

Carbon 360
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BP: world on unsustainable path; growing divergence between demands for climate change action and pace of progress

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BP released the 68 th annual edition of the BP Statistical Review of World Energy (BP Stats Review), a comprehensive collection and analysis of global energy data. This year’s edition highlights the growing divergence between demands for action on climate change and the actual pace of progress on reducing carbon emissions.

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Report finds says “negative emissions technologies” need to play a large role in mitigating climate change

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To achieve goals for climate and economic growth, “negative emissions technologies” (NETs) that remove and sequester carbon dioxide from the air will need to play a significant role in mitigating climate change, according to a new report from the National Academies of Sciences, Engineering, and Medicine.

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Nissan to be carbon-neutral by 2050; 100? of new vehicle offerings in key markets to be electrified by early 2030s

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has set the goal to achieve carbon neutrality across the company’s operations and the life cycle of its products by 2050. Nissan anticipates increased collaboration with the energy sector to support the decarbonization of power grids; and. Nissan Motor Co.,

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