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Saying that “ investment-grade climate change 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 climate change.
All the participating jurisdictions are members of the Transportation and Climate Initiative (TCI), a regional collaboration of Northeast and Mid-Atlantic states and the District of Columbia that seeks to improve transportation, develop the clean energy economy, and reduce carbon emissions from the transportation sector.
“Pack Up Your Toxic, Fossil Fuel Factory With Its Climate-Changing Products & Get Out of Town By 2020!&# Consider this fair and legal warning, world’s largest and most polluting oil company - I’m giving you 10 years to pack up and hit the road. Greenius Rules. They’ve got other priorities. Uncertainty.
Bank of America has joined Stanford University’s Global Climate & Energy Project (GCEP), a collaboration of academic and business experts that identifies and supports new avenues of research to make environmentally sustainable, low-cost energy available to everyone. All of humankind needs energy that is reliable, cleaner and more affordable.
Researchers from the GEOMAR Helmholtz Center for Ocean Research Kiel have found that considerable quantities of the greenhouse gas methane escape uncontrolled into the water from abandoned oil and gas wells in the North Sea. On the basis of investigations directly on the seafloor it was possible to determine the amount of escaping gas.
Diplomats were recalled from their hotels to block the move, and Rasmussen instead called a brief adjournment following intervention by UK Energy and Climate Secretary Ed Miliband, as well as Australian and US officials. All agreements would be legally binding, and would be subject to independent verification. by Jack Rosebro.
The Smith School of Enterprise and the Environment at the University of Oxford recently published a report recommending that individual governments take more action to curb their own greenhouse gas emissions and put pressure on other governments to do the same. International climate negotiations can only go so far.
This article shows that including offsets in climate change 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. Assuming the offset is legitimate—i.e.,
Alberta, Canada’s Climate Change and Emissions Management (CCMEC) Corporation is awarding more than C$37.5 Since 2007, Alberta companies that annually produce more than 100,000 tonnes of greenhouse gas emissions are legally required to reduce their greenhouse gas intensity by 12%. million (US$36.6 million (US$14.1
introduced legislation that would set an escalating fee on greenhouse gas emissions from large stationary sources to fund investments in energy efficiency and sustainable energy technologies and also provide rebates to consumers to offset increases in energy prices. Bernie Sanders (I-Vt.) and Barbara Boxer (D-Calif.) International sources.
The current proposals by developed countries on the table for the upcoming climate negotiations in Copenhagen to reduce greenhouse gas (GHG) emissions do not yet suffice to limit global warming to a rise of 2 °C (based on a long-term 450 ppm concentration of GHG), according to a new report by the Netherlands Environmental Assessment Agency (PBL).
Thirteen scientists and land use experts conclude in a new paper that an important but fixable error in legal accounting rules used to measure compliance with carbon limits for bioenergy could undermine efforts to reduce greenhouse gas emissions by encouraging deforestation. Their paper is published in the 23 Oct. Earlier post.).
Berkeley Law’s Center for Law, Energy and the Environment (CLEE) released a new report “ Legal Grounds: Law and Policy Options to Facilitate a Phase-Out of Fossil Fuel Production in California.”. —“Legal Grounds”. California is the seventh-largest oil-producing state in the US.
Audi has introduced the natural-gas-fueled A4 Avant g-tron; dealers in Europe will begin taking orders for the midsize model starting in early summer 2017. Additionally, Audi is now offering e-gas to power the A3 Sportback g-tron as standard; customers will pay only the regular natural gas price. lb-ft) is available at approx.
California is not on track to meet the greenhouse gas reductions expected under SB 375 for 2020, with emissions from statewide passenger vehicle travel per capita increasing and going in the wrong direction, according to a new report published by the California Air Resources Board (ARB). —“2018 Progress Report”.
With the first-ever EU emission standards for trucks agreed, we are completing the legal framework to reach the European target of cutting greenhouse gas emissions by at least 40% by 2030. —Commissioner for Climate Action and Energy Miguel Arias Cañete.
Built on the principles of combustion and high-speed gas dynamics, the platform is low-cost, scalable, and can be flexibly sited wherever natural gas infrastructure exists. Fort Capital Partners acted as financial advisors and Blake Cassels & Graydon LLP served as legal counsel to Ekona.
Markey of the Energy and Environment Subcommittee on Tuesday released a draft of far-reaching energy and climate legislation that targets job creation, promotes renewables and energy efficiency, and places limits on emissions of greenhouse gases. Waxman of the Energy and Commerce Committee and Chairman Edward J. light duty vehicles—e.g.,
The US Environmental Protection Agency (EPA) released its latest set of proposed standards to reduce emissions of methane and volatile organic compounds (VOCs) from the oil and natural gas industry. The proposal also includes incentives to spur the oil and gas industry to minimize leaks.
Alberta, Canada’s Climate Change and Emissions Management (CCEMC) Corporation is providing C$46 million (US$45 million) in funding to support six new carbon capture and storage and cleaner technology projects in the Canadian oil sands region. The projects have a combined value of more than $327 million (US$321 million).
The Advanced Clean Cars package will help clean our air, help us fight climate change, and perhaps most important for average citizens, save thousands of dollars over the life of the vehicles. The new rules strengthen the greenhouse gas standard for 2017 models and beyond. This marks a new chapter in the history of ARB. ”.
Simple, effective solutions that can help lessen the impact of climate change already exist. Rahman, a power expert and professor of electrical and computer engineering at Virginia Tech , is the former chair of the IEEE ad hoc committee on climate change. In its first stage, natural gas is burned in a turbine to make electricity.
Massachusetts Energy and Environmental Affairs (EEA) Secretary Ian Bowles has set the statewide greenhouse gas (GHG) emissions limit for 2020 required by the Global Warming Solutions Act of 2008 at 25% below 1990 levels, the maximum authorized by the Act, saying that measures already in place will get Massachusetts much of the way toward that goal.
This action is based on the premise that federal law preempts state and local tailpipe greenhouse gas (GHG) emissions standards as well as zero emission vehicle (ZEV) mandates. EPA said that the legal basis for withdrawing the California waiver is under CAA section 209(b)(1)(B), which covers compelling and extraordinary conditions.
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. They are estimated to reduce greenhouse gas emissions by approximately 8 megatonnes over 10 years, enough to take more than 1.6
Since 2005, when major greenhouse-gas emitters among the Kyoto signatories were issued caps on their emissions and permitted to buy credits to meet those caps, there has been more than $300 billion worth of carbon transactions. Verification of the emission reduction or carbon sequestration is critical in efforts to mitigate climate change.
Fuel efficiency standards are key to cutting greenhouse gas emissions across the transport sector. Some developing countries appear to be worried about setting a precedent whereby a climate-related policy affects all countries equally.
The plan was to rely more on coal in order to reduce dependence on Russian natural gas. Full disclosure: my firm, Pelicourt LLC, is the majority shareholder of Ukraine’s third-largest gas producer, Cub Energy, and I have advised the US and Canadian governments on the potential harm the new tax will cause.). Another paper tiger.
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. My resolution does, however, keep EPA from threatening Congress with its own greenhouse gas policy as we write legislation. —Congressman Skelton.
But even today, vehicles equipped with Bosch diesel technology can achieve as little as 13 milligrams of NO x in standard legally-compliant RDE cycles. With a combination of high- and low-pressure exhaust-gas recirculation, the air-flow management system becomes even more flexible. Equally important is the influence of temperature.
Instead, he and others are trying to invent new climate-control technology that doesn’t further exacerbate the dangers facing the planet’s climate. Winners of the 2021 Global Cooling Prize—both heat pumps—reduce cooling’s climate impact by as much as 80 percent. Still, in the U.S.,
Pacific NorthWest LNG is a proposed natural gas liquefaction and export facility on Lelu Island within the District of Port Edward on land administered by the Prince Rupert Port Authority (PRPA). The facility would liquefy and export natural gas produced by Progress Energy Canada Ltd. in northeast British Columbia.
The report concludes that while CCS can play an important role in domestic greenhouse gas (GHG) emissions reductions thereby preserving the option of using coal and other abundant domestic fossil energy resources, it faces a key barrier in the lack of a price on carbon.
Although maritime transport has the lowest ratio of CO 2 emissions per ton-kilometer transported compared to other modes of transport, its greenhouse gas (GHG) emissions are expected to increase from the current level of around 1 gigatonne per year, by an estimated 150-200% over the next four decades. The legal position on shipping emissions.
Securities and Exchange Commission (SEC) has edited out some of its stricter emissions requirements from corporate climate risk rules. The disclosure requirement was included with the SEC’s initial draft of the corporate climate risk rules, which were published in March 2022. A spokesperson from the SEC noted that the U.S.
By studying E-Golf use across multiple geographical regions, Volkswagen will monitor the effect of climate conditions, driving patterns, and energy performance; the data and insights gained during the scheme will be used in the final development of future EV technology applications. E-Golf test. Solazyme and Amyris.
This scenario would ensure that Germany meets its climate targets, Siemens said. The climate goal can be reached by 2030 with fewer renewable energy sources at substantially lower costs. The regulations for plants that are already in operation, however, would remain unchanged to guarantee investment security and legal certainty.
IMO said that the move sends a clear signal about its commitment to climate change mitigation. This would allow a decision to be made on whether any further measures are needed to enhance energy efficiency and address greenhouse gas emissions from international shipping. If so, proposed policy options would then be considered.
Transport in Europe is still responsible for damaging levels of air pollutants and a quarter of EU greenhouse gas emissions, despite some progress in reducing the impacts from transport. As the economic climate improves, the new EU transport targets should focus efforts to further reduce environmental impacts, the report says.
The Mercedes solution thus offers an even lower impact on the climate than R1234yf, while avoiding the in-use issues Daimler identified back in 2012. This is made possible by a gas generator, which releases inert argon gas specifically at the relevant hot spots. Earlier post.).
The National Petrochemical & Refiners Association (NPRA) filed a legal challenge to California’s Low Carbon Fuel Standard (LCFS) with the US District Court, Eastern District of California, Fresno Division. Tags: Climate Change Fuels Policy. Earlier post.). LCFS Complaint.
And to help kick it all off for you, after the jump I’ll offer up the first ever Greenius Weekend Update: There will be plenty of time very soon enough to be overwhelmed with the crushing hard backhand of climate change and budget reality. So I have to assume my civic responsibility to do the right thing when no one else is stepping up.
A new CALSTART brief indicates that California’s climate and energy policies are not only helping to protect the environment and improve air quality, but are also helping to accelerate growth of the clean transportation technology industry (CTTI) in the state. Require Top Performance with Strong Yet Feasible Air Quality and Climate Standards.
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. The request was subsequently denied in December 2007.
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