This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
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. C change by the end of the century. The various taxes would slow warming to 3.5,
The President’s Council of Advisors on Science and Technology (PCAST) released a letter to President Obama describing six key components the advisory group believes should be central to the Administration’s strategy for addressing climatechange. —PCAST letter to the President. The six key components are: 1.
Some will suffer greatly from climatechange, while others may even benefit. The social cost of carbon has become the standard measure to benchmark the magnitude of the carbon taxes needed to implement optimal carbon policy. Setting such a high tax on carbon is probably unrealistic, especially in developing countries.
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 climatechange, according to a new report from the National Academies of Sciences, Engineering, and Medicine.
Can we get more carbon mileage out of politically passable climate policy? And the problem with swinging for the fences … Continue Reading Fighting ClimateChange With Tax Credits. Build Back Better (BBB) prospects are not looking so good.
This article shows that including offsets in climatechange legislation would likely make an emissions program more cost-effective by: (a) providing an incentive for non-regulated sources to generate emission reductions; and (b) expanding emission compliance opportunities for regulated entities. 3) Measurement.
It will be much harder and more expensive for Australia to do its fair share on climatechange without a carbon pricing scheme, according to the final report of the Garnaut ClimateChange Review – Update 2011, Australia in the Global Response to ClimateChange. Earlier post.)
billion—are attributable to corn-based ethanol, the climate effects of which are disputed. Most of the largest subsidies to fossil fuels were written into the US Tax Code as permanent provisions. The vast majority of subsidy dollars to fossil fuels can be attributed to just a handful of tax breaks, such as the Foreign Tax Credit ($15.3
The paper is published in the journal Nature ClimateChange. A lot of people think that a large-scale shift to EVs will mostly solve our climate problems in the passenger vehicle sector. Tackling climatechange is not a one-country, one-sector or one-technology job.
However, a new study by researchers at the University of Gothenburg (Sweden) finds that middle- and high-income earners are generally affected the most by gasoline taxes, especially in poor countries, rather than poor people. Petrol taxes are effective and actually don’t affect poor people disproportionally. —Thomas Sterner.
Taxes are effective at cutting harmful emissions from energy use, but governments could make better use of them. Tax rates were below the low-end estimate of climate costs (EUR 30/tCO 2 ) for 97% of emissions. Comparing taxes between 2012 and 2015 yields a disconcerting result. Governments should do more and better.
The Swedish National Audit Office (Riksrevisionen) has begun a review of the tax exemption for biofuels, with the results to be published in 2011. Sweden has striven to increase the share of biofuels in transport, and liquid biofuels such as ethanol and biodiesel are currently exempt from energy and carbon tax.
At present, 17 of the 27 EU Member States levy CO 2 -related taxes on passenger cars, and 15 governments provide tax incentives for electrically chargeable vehicles, according to the newly published European Automobile Manufacturers’ Association (ACEA) Tax Guide 2010. Generally, registration taxes threaten fleet renewal.
A new report from MIT’s Joint Program on the Science and Policy of Global Change suggests that a tax on carbon emissions could help raise the money needed to reduce the US deficit, while improving the economy, lowering other taxes and reducing emissions. They found that the tax would raise $1.5
“Electric cars will not save the climate. Behavioral change is hard How willing are people to break their car dependency and other energy-related behaviors to address climatechange? In fact, some 74 percent of those polled indicated they were already “proud of what [they are] currently doing” to combat climatechange.
California Senate President pro tempore Darrell Steinberg proposed a carbon tax on fossil transportation fuels to replace the coming cap and trade mandate on that sector in 2015. In 2020, the tax is estimated at 24¢/gallon—lower than the upward price risk under cap and trade at 40¢/gallon. A carbon tax is stable.
They used the EPA US 9-region national database (EPAUS9r) with the MARKet Allocation (MARKAL) energy system model to develop emissions scenarios and spectral nudging to downscale global climate to the regional scale over the US. The GISS ModelE2 provides the initial and boundary conditions to a regional climate model for the years 2006?2010
The report—“Combining Multiple Climate Policy Instruments: How not to do it”, points out that a Europe-wide cap on emissions under the EU Emissions Trading Scheme means that the rest of Europe will continue to emit up to this capped level whatever policy instruments are introduced at a national level.
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.).
In a study published in Nature ClimateChange , an international research team reports finding limited evidence that individual or household rebates have increased public support for carbon taxes in Canada and Switzerland.
We have had a long debate about climatechange in this country. Most Australians now agree our climate is changing, this is caused by carbon pollution, this has harmful effects on our environment and on the economy—and the Government should act. —Prime Minister Gillard.
Climatechange is the existential crisis of our time and this acquisition accelerates our ability to address it. Cummins expects the acquisition of Meritor to be immediately accretive to Cummins’ adjusted EPS and to generate annual pre-tax run-rate synergies of approximately $130 million by year three after closing.
Direct transportation (fuel) taxes generate the greatest reductions in CO 2 emission from transportation, achieving CO 2 emissions at 86% of 2005 levels by about 2025. The largest reductions in GHG emissions from transportation are obtained by increasing the cost of driving with fuel taxes, resulting in lower emissions in 2030 than in 2010.
announced its next environmental sustainability strategy—PLANET 2050—which includes science-based goals that meet or exceed the goals in the United Nations Paris agreement on climatechange. Cummins Inc. By 2050, Cummins is targeting net-zero carbon emissions.
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.
It found that 65% of respondents spontaneously selected emissions from road transport as a cause of climatechange. Most respondents said they think cars or aeroplanes are the transport modes mainly responsible for climatechanging emissions. Click to enlarge.
A shift from gasoline to diesel engines following previous and upcoming European emission standards is consistent with long-term climate mitigation efforts, according to a new analysis by researchers from CICERO (Center for International Climate and Environmental Research, Norway), the University of Oslo and ETH Zurich.
A new study published by the Pew Center on Global ClimateChange finds that combined actions across three fronts—technology, policy, and consumer behavior—could deliver up to a 65% reduction in transportation emissions from current levels by 2050. Source: Greene and Plotkin (2011). Click to enlarge.
The report, Limiting the Magnitude of Future ClimateChange is one of three released by the NRC, the operating arm of the National Academy of Sciences and National Academy of Engineering. Fri, Chair, Panel on Limiting the Magnitude of Future ClimateChange.
In the Pre-Budget Report (PBR) released on 9 December, UK Chancellor Alistair Darling announced that all electric cars will be exempt from Company Car Tax (CCT) for 5 years and electric vans will be exempt from Van Benefit Charge (VBC) for the same period. The PBR also has news of an additional £30 million (US$48.5 Earlier post.).
Reduce fees, taxes and upfront costs for electric vehicle owners and invest in battery research. Elkind, Bank of America Climate Policy Associate for UCLA School of Law’s Environmental Law Center & Emmett Center on ClimateChange and the Environment and UC Berkeley School of Law’s Center for Law, Energy & the Environment (CLEE).
In the 50-state assessment, no state received a higher grade than “B-,” and most states scored lower than “D,” demonstrating a lack of alignment between transportation and climate policies, according to the analysis. transportation, and ensure state fuel taxes can support all transportation modes.
Chairman of the Homeland Security and Governmental Affairs Committee, released the details of their long-anticipated energy and climatechange legislation on Wednesday, 12 May. Significant tax incentives encourage the conversion of trucks and heavy-duty fleets to natural gas vehicles. Senators John Kerry (D-Mass.),
The US Senate is going to move forward with a sweeping new bill after Senator Joe Manchin finally accepted to include investments to curb climatechange. The post Senate moves forward with EV tax credit reform, Tesla (TSLA) to be included back and more appeared first on Electrek.
“Pack Up Your Toxic, Fossil Fuel Factory With Its Climate-Changing Products & Get Out of Town By 2020!&# is also the very same company that has paid tens of millions of dollars, year after year to spread FUD about their role in climatechange. How would that be for a change? Greenius Rules. Uncertainty.
Our friends at the Chesapeake Climate Action Network (CCAN) Action Fund continue to make remarkable progress in public climatechange policies at the local, state, and national levels thanks to the help of its supporters through fund-raising efforts. . At its price of $130,000, the Model S Plaid is pretty much a class of one.
Washington Governor Chris Gregoire and legislative leaders have introduced a Green Jobs and Climate Action legislative package that proposes investments totaling $455 million in the next biennium for energy-reducing transportation projects, energy efficiency projects, green buildings and clean-energy technology.
I offered my take on an article entitled: “ Hacks and Handout-Seekers Hate Obama’s Climate Plan “ If you’re not familiar with TerraPass Footprint this is a great opportunity to check them out. Torrance's very own climate changer, the Exxon Mobil Refinery. Change or go broke, but stop your whining and complaining.
Climate Leadership, Economic Prosperity” is the first Canadian study to show regional impacts on employment and gross domestic product, and the first to comprehensively examine how Canada can meet a greenhouse gas reduction target for 2020 that goes beyond the federal government’s target. Tags: Canada ClimateChange Policy.
To help the California Air Resources Board (ARB)—the state’s key organization in this area—to fight climatechange by reducing GHG emissions, the Legislature has allocated more than $2 billion from the State’s Greenhouse Gas Reduction Fund (cap?and?trade CARB’s inability to measure the GHG reductions from its cap?and?trade?funded
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). —DBCCA. Source: DBCCA.
The escalating carbon dioxide (CO2) emissions and the consequent acceleration of climatechange are alarming, and it has proven challenging to find feasible ways to actively reduce the concentration of CO2 in the atmosphere. —Prof In. 2020.119344.
Member states of the International Civil Aviation Organization (ICAO) adopted a resolution at its 37 th General Assembly on Friday to reduce the impact of aviation CO 2 emissions on climatechange. —EU Commissioner for Climate Action Connie Hedegaard said ". —Giovanni Bisignani, IATA’s Director General and CEO.
He also stated that Teslas arrival in the Philippines was a significant step in the fight against climatechange. These include the removal of excise taxes on EV batteries, eliminating tariffs on electric and hybrid vehicles until 2028, and setting a goal for 50% EV market share by 2040.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content