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Bank of America joins Stanford’s Global Climate & Energy Project

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The GCEP collaboration expects to benefit from the bank’s expertise in financing sustainable businesses dedicated to addressing climate change and advancing low-carbon solutions. All of humankind needs energy that is reliable, cleaner and more affordable.

Climate 218
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Obama Announces Steps to Boost Biofuels, Clean Coal; RFS2, BCAP, BIWG and Carbon Capture and Storage Task Force

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Second, the US Department of Agriculture proposed a rule on the Biomass Crop Assistance Program (BCAP) that would provide financing to increase the conversion of biomass to bioenergy. It’s been said that the United States is the Saudi Arabia of coal—and that’s because, as I said, it’s one of our most abundant energy resources.

Obama 218
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Perspective: The UN Approval Process for Carbon Offsets

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According to the market-analysis firm Point Carbon, if a cap-and-trade system is instituted in the United States, the demand for carbon credits could explode into a $2 to $3 trillion market. The other goal, of course, is the system’s ultimate purpose: to reduce greenhouse-gas emissions by channeling funds into cleaner technologies.

Carbon 255
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Broad opposition to EPA, NHTSA proposed freeze of GHG, CAFE regs

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For consumers, the Administration claims: A $2,340 reduction in overall average vehicle ownership costs for new vehicles ($1,850 reduction in the average required technology costs and $490 reduction in ownership costs for financing, insurance, and taxes). billion reduction in regulatory costs through MY 2029. —The ICCT.

EPA 150
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Perspective: Why Carbon Emissions Should Not Have Been the Focus of the UN Climate Change Summit and Why the 15th Conference of the Parties Should Have Focused on Technology Transfer

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This article discusses: (a) why the focus should have been on the transfer of proven renewable energy technology from developed to developing countries; and (b) how this technology transfer can be financed with currently available funds. But starting to raise immediate finance is more important than determining its exact future size.

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Perspective: Regional Greenhouse Gas Cap-and-Trade Programs May be the Solution

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Cap-and-trade was first tried on a significant scale twenty years ago under the first Bush administration as a way to address the problem of airborne sulfur dioxide pollution–widely known as acid rain–from coal-burning power plants in the eastern United States. Graham recently declared, “ Economy-wide cap-and-trade is dead. ”

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