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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.
If a cap-and-trade program includes offsets, regulated entities have the opportunity to purchase the “emission credits” generated by carbon offset projects to help them meet their compliance obligations. In this way, offsets would complement the more traditional emissions trading that can occur between two covered sources.
Noting the references in scientific and policy literature to the need for fast-action mitigation to help avoid DAI and abrupt climatechanges, the authors define “fast-action” to include regulatory measures that can begin within 2–3 years, be substantially implemented in 5–10 years, and produce a climate response within decades.
The International Air Transport Association (IATA) presented its proposals for December’s climatechange talks to the UN Secretary General’s Summit on ClimateChange in New York. The forum took place in the run-up to the United Nations Framework Convention on ClimateChange (UNFCCC) meeting in Copenhagen this December.
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. The approval process for carbon offsets has two goals. THE APPROVAL PROCESS.
Thirteen scientists and land use experts conclude in a new paper that an important but fixable error in legal accounting rules used to measure compliance with carbon limits for bioenergy could undermine efforts to reduce greenhouse gas emissions by encouraging deforestation. Their paper is published in the 23 Oct. Accounting rules.
Alberta, Canada’s ClimateChange and Emissions Management (CCMEC) Corporation is awarding more than C$37.5 Since 2007, Alberta companies that annually produce more than 100,000 tonnes of greenhouse gas emissions are legally required to reduce their greenhouse gas intensity by 12%. million (US$36.6 million (US$1.76
Alberta, Canada’s ClimateChange and Emissions Management (CCEMC) Corporation is providing C$46 million (US$45 million) in funding to support six new carbon capture and storage and cleaner technology projects in the Canadian oil sands region. The projects have a combined value of more than $327 million (US$321 million).
Simple, effective solutions that can help lessen the impact of climatechange already exist. The IEEE Life Fellow spoke during a session addressing the role of technology in delivering an equitable, sustainable, and low-carbon resilient world. Some of them still need to be implemented, though, while others need to be improved.
All the participating jurisdictions are members of the Transportation and Climate Initiative (TCI), a regional collaboration of Northeast and Mid-Atlantic states and the District of Columbia that seeks to improve transportation, develop the clean energy economy, and reduce carbon emissions from the transportation sector.
Governments at the COP17 meeting decided to adopt some form of a universal legal agreement on climatechange as soon. markets all remain in action as effective tools to leverage global climate action and as models to inform. Nations Framework Convention on ClimateChange (UNFCCC). existing climatechange.
President Obama’s Interagency Task Force on Carbon Capture and Storage (CCS), co-chaired by the US Environmental Protection Agency (EPA) and the Department of Energy (DOE), delivered a series of recommendations to the president on overcoming the barriers to the widespread, cost-effective deployment of CCS within 10 years.
Alberta-based ClimateChange and Emissions Management Corporation (CCEMC) ( earlier post ) has issued a $35-million open innovation international challenge to create new, carbon-based products and markets. The first round, with submissions due by July 15, 2013, offers grants of $500,000 for up to 20 projects.
“Pack Up Your Toxic, Fossil Fuel Factory With Its Climate-Changing Products & Get Out of Town By 2020!&# Consider this fair and legal warning, world’s largest and most polluting oil company - I’m giving you 10 years to pack up and hit the road. Greenius Rules. I’m thinking not so much. Uncertainty.
Two ethanol trade groups—the Renewable Fuels Association (RFA) and Growth Energy—have filed a complaint in Federal District Court in Fresno, California, challenging the constitutionality of the California Low Carbon Fuel Standard (LCFS). The OAL ensures that agency regulations are clear, necessary, legally valid, and available to the public.
The international airline industry is committed to achieving carbon-neutral growth by 2020, said Giovanni Bisignani, IATA’s Director General and CEO in his State of the Industry address at the 65 th IATA Annual General Meeting and World Air Transport Summit in Kuala Lumpur. Giovanni Bisignani.
Bringing developing countries into the carbon markets in order to encourage low carbon development, provide finance and make the most of mitigation opportunities. International climate negotiations can only go so far. We would have a seamless system to address forest carbon in both industrialized and developing countries.
Among the direct transportation-related provisions in the extensive package are a low-carbon fuel standard for all transportation fuels; financial support for large scale demonstrations of electric vehicles; and financial support for automakers retooling plants to make electric vehicles. Carbon Capture and Sequestration.
Bank of America has joined Stanford University’s Global Climate & Energy Project (GCEP), a collaboration of academic and business experts that identifies and supports new avenues of research to make environmentally sustainable, low-cost energy available to everyone.
The researchers looked at academic articles, industry and government reports, press releases, specification sheets and legal filings, says MIT postdoc Micah Ziegler. The analysis required digging through a variety of sources, since much of the relevant information consists of closely held proprietary business data.
Finance structures would be created and funded by developed countries, encouraging developing countries and emerging economies to minimize future emissions and adapt to future effects of climatechange. All agreements would be legally binding, and would be subject to independent verification. by Jack Rosebro.
The proposal was drafted as two measures, the Climate Protection Act —which sets the carbon price and finance programs for sustainable technologies—and the Sustainable Energy Act —which ends federal support for fossil fuel companies and research and extends tax incentives for renewables. International sources.
CALSEIA’s Executor Director Sue Kateley will be delivering her report on the newest renewable energy legal developments Sacramento. Sunpower Corporation’s VP of public policy, Julie Blunden, will be sharing her views on how incentives and laws shape & drive demand for solar energy.
In today’s world, climatechange 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.
However, it could be accomplished without impinging on environmentally sensitive areas in Brazil and while allowing for the expansion of other agricultural crops and human needs, the researchers report in a paper in the journal Nature ClimateChange. million and 116 million hectares (144,788 to 447,879 square miles). Gigatons yr −1.
However, achieving climatechange targets will also require the widespread adoption of solutions that are not yet fully developed, whether in logistics or technology. Antitrust legislation sometimes hinders horizontal collaboration and legal risk has already prevented some trials.
The National Petrochemical & Refiners Association (NPRA) filed a legal challenge to California’s Low Carbon Fuel Standard (LCFS) with the US District Court, Eastern District of California, Fresno Division. Tags: ClimateChange Fuels Policy. Earlier post.). 110-140, 121 Stat. LCFS Complaint.
Estimating the magnitude of costs associated with future climatechange impacts is very uncertain. The report does not assess whether the emissions from industrial facilities are consistent with the legal permitting conditions for the operation of these plants.
The report, “Pledges and Actions: A scenario analysis of mitigation costs and carbon market impacts for developed and developing countries”, explores the implications of different possible scenarios on the outcomes of the current climate negotiations. The global costs would be limited to 0.2% of GDP in 2020.
A new report by the European Commission’s Joint Research Centre (JRC) provides a comprehensive overview of methodologies for estimating air emissions from shipping; describes technological solutions; and analyses policy options for reducing carbon emissions and air pollution in this sector. The legal position on shipping emissions.
Methane is the second most important greenhouse gas after carbon dioxide. The authors of the study encourage the industry to publish their data and recommend more independent emission measurements from abandoned wells in order to develop stricter guidelines and legally binding regulations for abandonment procedures.
And since I am indeed The Greenius and I have legally laid claim to this decade, preempting all others, I can confidently lay this on you and you can take comfort knowing I’m on the case and will not let you down. And ready for the carbon credits solar owners will be getting when California institutes Cap and Trade in 2012.
The project is subject to over 190 legally binding conditions that will lessen the environmental impacts of the project. British Columbia’s commitment that it will increase its carbon price in line with the Pan Canadian Framework to be announced later this Fall reflects this principle. For example, Pacific NorthWest LNG Ltd.
While overall, California has hit its 2020 climate target ahead of schedule due to strong performance in the energy sector, meeting future targets will require a greater contribution from the transportation sector. Even more will be needed to achieve Governor Brown’s new carbon neutrality goal by 2045.
In addition, despite the rigorous development of renewables, carbon dioxide emissions are increasing, because the energy mix increasingly includes coal-fired power plants that emit large quantities of CO 2 to compensate for weather-related fluctuations in power generation from renewables and the closing of nuclear plants. billion) this year.
reduction); Federal renewable fuel standard and regional low carbon fuel standard (1.6% In non-energy related sources of emissions, new and expanded programs will address leaking refrigerants that are more powerful greenhouse gases than carbon dioxide, for additional reductions of 2%. Massachusetts Clean Energy and Climate Plan.
I firmly believe the fight against climatechange and how we use resources will decide the future of our society—and of the BMW Group. One of the ways the BMW Group is doing this is by defining a supplier’s carbon footprint as a decision criterion in its contract award processes.
And with its carbon fiber body, it has an excellent power-to-weight ratio. The Tesla Model S is probably the fastest street legal electric car in your mind to make it in our list. Chevrolet Corvette is the fastest street legal electric car out there. However, today, we have electric cars to make the change. Renovo Coupe.
A new method developed by the University of Copenhagen and NASA accurately determines how effective planting trees is for offsetting carbon emissions. In order to somewhat counteract the CO2 emissions they produce, various major corporations globally purchase what are known as carbon credits.
Eliminating fuel vehicles is an important step in the UK’s carbon reduction route, and 2030 is the deadline for the sale of fuel vehicles in the UK. Carbon reduction acceleration. Among them, transport is the biggest stumbling block on the road to carbon reduction in the UK.
Methane, the key constituent of natural gas, is a potent GHG with a global warming potential more than 25 times greater than that of carbon dioxide. EPA also is issuing draft Control Techniques Guidelines (CTGs) for reducing VOC emissions from existing equipment and processes in the oil and natural gas industry.
For more than a quarter of a century the United Nations (UN) have been bringing together most of the earth’s countries for global climate summits, also known as Conference of the Parties (COPs). The annual event brings together almost two-hundred world leaders to discuss the world’s commitment to climatechange. degrees Celsius.
Among other expected benefits, initiatives outlined in Ford’s sustainable financing framework are intended to help the company become carbon-neutral no later than 2050, in line with its commitment to the Paris Agreement.
The bill is structured into four primary titles: Title I: Clean Energy; Title II: Energy Efficiency; Title III: Reducing Global Warming Pollution (the cap-and-trade bill); and Title IV: Transitioning to a Clean Energy Economy (which also includes a section on adapting to climatechange). Electric Vehicle Infrastructure.
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