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Perspective: The Role of Offsets in Climate Change Legislation

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For example, a covered source (an entity in the power generation, chemicals, steel, and cement industries) can make reductions beyond its compliance obligations and then sell these reductions as credits to other covered sources. Nitrous oxide (N 2 O) emissions from agricultural operations or specific industrial processes (GWP = 298).

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Senators Sanders, Boxer propose legislation to institute GHG price on large stationary sources and remove support for fossil fuel industries

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The legislation also proposes numerous actions against financing and support for fossil fuel industries. The Family Clean Energy Rebate Program would use 60% of the funds from the carbon fee and use the model developed by Alaska’s oil dividend to provide a monthly rebate to every legal US resident to offset potential energy price increases.

Industry 259
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New study confirms extensive gas leaks in the North Sea; recommends stricter guidelines for handling of abandoned wells

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In addition, the team used available seismic data of the industry from the British sector of the North Sea to make further statements about the boreholes in the area. This study was funded by the STEMM-CCS project (grant number 654462) of the Horizon 2020 Framework Programof the European Commission.

Gas 273
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EPA Grants California Vehicle GHG Regulations Waiver

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The US Environmental Agency (EPA) has granted California’s waiver request enabling the state to enforce its greenhouse gas emissions standards (Pavley I) for new motor vehicles, beginning with the current model year. Tags: Climate Change Emissions Policy. EPA Administrator Lisa Jackson.

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CCEMC launches $35M international challenge to find useful applications for carbon

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Alberta-based Climate Change and Emissions Management Corporation (CCEMC) ( earlier post ) has issued a $35-million open innovation international challenge to create new, carbon-based products and markets. Funding for the CCEMC is collected from industry. The winners will be announced in March 2014.

Carbon 186
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Devil in the Details: World Leaders Scramble To Salvage and Shape Copenhagens UNFCCC Climate Summit

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At issue is the 2012 expiration of the Kyoto Protocol, a binding but effectively unenforceable 1997 treaty that had set greenhouse gas (GHG) emission reduction targets for 40 industrialized countries, referred to as Annex 1 countries, yielding an average GHG reduction of 5.2% by Jack Rosebro. ” [ 1 ].

Climate 236
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US House Members Introduce Bipartisan Disapproval Resolution to Block EPA Regulation of GHG; Mirrors Murkowski Resolution

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When Congress passed the Clean Air Act, it never gave EPA the explicit authority to regulate greenhouse gas emissions for the purpose of stopping global climate change. Tags: Climate Change Emissions Policy. Executive branch agencies, like EPA, carry out the laws passed by Congress.

EPA 191