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California and China expand partnership on climate change

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and China’s top climate official, National Development and Reform Commission (NDRC) Vice Chairman Xie Zhenhua, signed an agreement on climate change—the first between the NDRC and a subnational entity. The NDRC oversees China’s efforts to address climate change and much of the government’s economic strategy.

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

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Some will suffer greatly from climate change, while others may even benefit. A study by University of Chicago economist Esteban Rossi-Hansberg, the Glen A. The social cost of carbon has become the standard measure to benchmark the magnitude of the carbon taxes needed to implement optimal carbon policy.

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

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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.

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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 various taxes would slow warming to 3.5, we’re really being left behind.”. 2012.04.007.

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UK awards £28M for 5 demonstration-phase low-carbon hydrogen production projects

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As part of a larger £90 million (US$117 million) package of awards to cut carbon emissions in industry and homes, the UK is awarding £28 million (US$36.5 million) to five demonstration phase projects for low-carbon hydrogen production. HyNet – low carbon hydrogen plant. Led by Cranfield University. Contract value: £3.12

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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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Virginia Tech researchers find estimates of the carbon cycle are incorrect; implications for models

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Virginia Tech researchers, in collaboration with Pacific Northwest National Laboratory, have discovered that key parts of the global carbon cycle used to track movement of carbon dioxide in the environment are not correct, which could significantly alter conventional carbon cycle models.

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