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The Premier of Québec, Jean Charest; the Minister of Sustainable Development, Environment and Parks, Pierre Arcand; and the Minister of Transport Pierre Moreau unveiled the Canadian province’s 2013-2020 Action Plan on ClimateChange (PACC 2020). The action plan and strategy adaptation represent a total investment of nearly C$2.7
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.
The report, A Paradigm Shift Towards Sustainable Low Carbon Transport , finds that more than $1.5 trillion is spent annually on transport globally, mostly in ways that exacerbate rather than solve the problems associated with traffic growth, including congestion, health-harming air pollution, accidents, energy insecurity, and climatechange.
The Westport Carbon Project (WCP) is in the process of being registered with the Voluntary Carbon Market Standard (VCS) and will be the first VCS transport project and one of the largest voluntary carbon market projects worldwide. Grütter Consulting is a leading advisory firm on carbon finance and transport with activities worldwide.
Reducing emissions of black carbon soot and ground-level ozone would quickly make a considerable dent in the climatechange problem and would also contribute to public health and protect crop yields, according to an essay in the September/October issue of Foreign Affairs. Tags: ClimateChange Emissions. Earlier post.)
The proprietary modular capsule technology is significantly lighter than the current state of the art in hydrogen storage and is designed from first principles for flight and ground transport safety certification. Full-scale prototype of Universal Hydrogen's gaseous hydrogen module, with one capsule removed.
Asia must scale up sustainable transport development or face a bleak future of congested roads, pollution, ill health and economic damage, which could have ripple effects around the world, the third ADB (Asian Development Bank) transport forum heard earlier this month in Manila.
US states are in a unique position to bring down transportation-related GHG emissions, given their primary role in setting statewide transportation policy and directing large amounts of transportation funding. However, most states use few of the available transportation policy tools to reduce.
The Asian Development Bank (ADB) mobilized a $135-million climatefinancing package for VinFast Trading and Production Joint Stock Company (VinFast) for manufacturing Vietnam’s first fully-electric public transport bus fleet and first national electric vehicle (EV) charging network.
Oregon Governor Ted Kulongoski signed into law a series of bills constituting a climatechange package that includes a low carbon fuel standard (LCFS), a B2 mandate, and other transportation-related measures. The series of bills the Governor signed into law today include: House Bill 2186. Senate Bill 38. House Bill 3463.
SolarCity and Honda have renewed their partnership with a new fund expected to finance $50 million in solar projects. The new commitment will make solar power more affordable and available to Honda and Acura customers and dealerships in the US. The $50-million fund is a follow-up to a $65-million fund the companies created in 2013.
The measure will contribute to reaching EU energy and climatechange goals while limiting distortions of competition. The Italian scheme supports the production and distribution of advanced biofuels and advanced biomethane, also known as second and third-generation biofuels, for use in the transport sector. billion (US$5.8
Among the proposals in the new US highway and transportation funding reauthorization bill, outlined by House Committee on Transportation and Infrastructure Chairman James L. in a press conference last week, is the linkage of transportation planning with greenhouse gas emissions reductions. Oberstar (D-Minn.) Mica (R-Fla.)
Using case studies from China, Brazil, Germany and a host of other countries, the report “Sustainable, Resource Efficient Cities in the 21 st Century: Making it Happen”, highlights opportunities for city leaders to improve waste and water management, energy efficiency, urban transportation, and other key sectors.
billion investment plan to support the transition to zero-emission transportation. billion Fiscal Year 2022-23 Funding Plan for Clean Transportation Incentives will benefit priority populations. 381 million for clean transportation equity projects. The bulk of these funds have come from California Climate Investments.
To reach the level of investment in new renewable power generation needed to avert dangerous climatechange, $12.1 trillion above business-as-usual projections— according to a new report by Ceres and Bloomberg New Energy Finance. trillion of investment will be needed over the next 25 years—$5.2
Including road transport fuels in a cap-and-trade scheme, complemented by appropriate regulatory policies such as. The study, written by scientists of the Technical University Berlin (TUB) and PIK, was commissioned and financed by the BMW Group. Source: CITIES. Click to enlarge. by offering discounts). —CITIES.
The California Air Resources Board approved a $483 million plan to fund clean car rebates, zero-emission transit and school buses, clean trucks, and other innovative, clean transportation and mobility pilot projects. billion for low-carbon transportation projects from the cap-and-trade program.
Under the scheme, around 500 of the largest emitters in Australia—facilities that have direct greenhouse gas emissions of 25,000 tonnes of CO 2 -equivalent per year or more (excluding emissions from transport fuels and some synthetic greenhouse gases)—will need to buy and surrender to the Government a permit for every tonne they produce.
up to 45%) depending on the extent to which renewable technology costs fall and possible constraints on deployment of low-carbon alternatives, according to the newly released Renewable Energy Review by the UK Committee on ClimateChange (CCC). Renewable transport. aviation, industry). —Renewable Energy Review.
Ford Motor Company and its financing subsidiary, Ford Motor Credit Company, introduced the North America auto industry’s first sustainable financing framework, focusing on and paying for ambitious plans in vehicle electrification and other environmental and social areas. Vigeo Eiris, an arm of Moody’s Corp.,
The report from a task force assembled by the CEPS (Centre for European Policy Studies), a Brussels-based think tank, on European transport policy has concluded that the EU’s goal of a 60% greenhouse gas (GHG) emissions reduction in the transport sector in 2050 compared to 1990 levels is possible, but at a cost.
Brazil’s Minister of Environment Izabella Teixeira and Brazilian National Development Bank (BNDES) President Luciano Coutinho announced the launch of a new credit line to support projects focused on greenhouse gas reduction and climatechange solutions. These sub-programs include: Efficient transportation models.
KPMG developed 3 nexuses linked by climatechange to represent the challenges of sustainable growth. The 10 global sustainability megaforces that may impact business over the next two decades are: ClimateChange: This may be the one global megaforce that directly impacts all others. Source: KPMG. Click to enlarge.
By 2050, industry (iron and steel, chemicals, cement, and high- temperature heating) and transport (aviation, shipping, and heavy road transport) respectively can account for 42% and 36% of total clean hydrogen demand. Overall, this outlook shows clean hydrogen delivering crucial carbon emission reductions.
The European Investment Bank (EIB) will grant financing of up to €300 million (US$426 million) to Valeo for its current research projects aiming to reduce the fuel consumption and CO 2 emissions of cars and improve active safety. billion) under ECTF (European Clean Transport Facility). billion (US$4.8 billion (US$4.8
Create a flexible system under which State Departments of Transportation (State DOTs) and Metropolitan Planning Organizations (MPOs) would set their own declining targets for on-road greenhouse gas emissions from roadway travel on the National Highway System. BIL also includes $7.2
Green Car Congress attended the Renewable Energy Finance Forum - Wall Street (REFF-Wall Street) conference (23-24 June) sponsored by Euromoney Energy Events and the American Council on Renewable Energy (ACORE). Other than the good news on oil consumption, very little was said in regards to transportation fuels. by Bill Cooke.
Among the transportation-related elements of US President Barack Obama’s new climate action plan, which he is outlining today in a speech at Georgetown University, is the development of new fuel economy standards for heavy-duty vehicles post-2018. Preparing the US for the impacts of climatechange. Earlier post.).
—Leo Johnson, Partner, Sustainability and ClimateChange, PwC. The new reality is a much more challenging future in terms of planning, financing and predictability. —Jonathan Grant, director, sustainability and climatechange, PwC. nuclear war, radical climatechange before 2050).
The European Parliament’s Transport Committee approved a proposal to revise the Eurovignette directive to implement charges on heavy-goods vehicles based in part on the air and noise pollution they produce and the congestion they cause. Transport accounts for 27% of EU CO 2 emissions, of which road transport accounts for 73%.
The 15 th Congress, also known as the 15 th Conference of Parties, or COP 15, was initially intended to be a largely procedural summit, with many major negotiating points settled and most environmental ministers prepared to sign a binding emissions treaty that contained specific emissions targets as well as commitments to financing structures.
Transportation. in addition to Opus 12, they are: WILDCOAST (Imperial Beach, California) is working to secure a resilient coastline to help protect communities, economies and ecosystems from climatechange impacts in the Gulf of California. Energy Access. Social & Cultural Impacts. Clean Energy Works (Washington, D.C.)
At a high level, the report notes that there are few signs that the urgently needed change in direction in global energy trends is underway. Under the WEO 2011 central scenario, oil demand rises from 87 million barrels per day (mb/d) in 2010 to 99 mb/d in 2035, with all the net growth coming from the transport sector in emerging economies.
The European Commission has adopted the European Energy Union package —a framework strategy for a resilient energy union with a forward-looking climatechange policy. 94% percent of transport relies on oil products, of which 90% is imported. ClimateChange Emissions Europe Policy Regulations'
Our R&D activities, such as the carbon capture initiative which is completely new in the field of maritime transportation, pave the future towards next-generation solutions for achieving more energy-efficient, environmentally friendly and sustainable maritime transportation. Nikolaos Kakalis, Head of DNV Research & Innovation Greece.
The many new and expanded strong policy initiatives and green targets in China’s 12 th Five year Plan, released on 5 March 2011, provide “ clear evidence ” that China’s low-carbon policies remain global best-in-class, according to a new report from DB ClimateChange Advisors (DBCCA). Source: DBCCA.
The legislation also proposes numerous actions against financing and support for fossil fuel industries. Among the financing provisions of the legislation are: Price on carbon. Bernie Sanders (I-Vt.) and Barbara Boxer (D-Calif.) The legislation would enact a fee of $20 per ton or carbon or methane equivalent, rising at 5.6%
Sustainable Communities : The Sustainable Communities and Climate Protection Act of 2008 (SB 375) directs California’s metropolitan planning organizations to develop sustainable communities strategies that meet regional greenhouse gas reduction targets through integrated land use, housing and transportation planning.
The European Investment Bank is pleased to support Ford’s cutting-edge engine research and development in Dunton and Dagenham and the company’s upgrading of manufacturing operations in Bridgend, Southampton and Dagenham, in particular through the European Clean Transport Facility. —European Investment Bank Vice President Simon Brooks.
Other major players include the accounting firm Deloitte Touche Tohmatsu, the transportation-safety firm Lloyd’s Register, and TUV SUD, a German industrial-testing company. Verification of the emission reduction or carbon sequestration is critical in efforts to mitigate climatechange. 100% for some agricultural processes.
Under that, the plan sketches out 3 strategic goals: Strategic Objective One: Advance the goals and objectives in the President’s Climate Action Plan by supporting prudent development, deployment, and efficient use of “all of the above” energy resources that also create new jobs and industries.
However, reform has been hampered by concerns over how higher fuel prices will affect the broader economy—potentially disrupting key sectors like transport, industry and agriculture—and the ability of poor citizens to cope with higher prices. and 15¢ per kWh, while subsidies for fossil fuels were estimated at around 0.1–0.7¢
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