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MIT report finds China’s actions on climate change crucial; argues for global economy-wide greenhouse gas tax

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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. Eighty percent of those emissions came from coal, making China the consumer of about half the world’s coal.

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EIA: US energy-related CO2 dropped 2.7% in 2015; of end-use sectors, only transportation increased

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According to a report from the US Energy Information Administration (EIA), US energy-related CO 2 emissions decreased by 146 million metric tons (MMmt) in 2015 to 5,259 MMmt, down 2.7% Energy-related CO 2 emissions in 2015 were about 12% below 2005 levels. —“US Energy-Related Carbon Dioxide Emissions, 2015”.

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Perspective: The Role of Offsets in Climate Change Legislation

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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.,

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EPA proposes rule for nationwide 30% cut in GHG from existing power plants by 2030 relative to 2005

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The US Environmental Protection Agency (EPA) released the already widely-discussed (albeit without much detail) “Clean Power Plan” proposal, which mandates a national average 30% cut in greenhouse gas emissions from existing power plants from 2005 levels by 2030. Based on this input, EPA will finalize the standards in June 2015.

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US and China jointly announce GHG reduction targets; US to cut net GHG 26-28% by 2025, China to peak CO2 by ~2030

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US President Barack Obama said the US will cut net greenhouse gas emissions in the US by 26-28% below 2005 levels by 2025. per year on average during the 2005-2020 period to 2.3-2.8% The US and China jointly announced greenhouse gas (GHG) reduction targets. The new US goal will double the pace of GHG reduction from 1.2%

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Emissions of potent GHG HFC-23 have grown, contradicting reports of huge reductions

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Starting in 2015, India and China, thought to be the main emitters of HFC-23, announced ambitious plans to abate emissions in factories that produce the gas. However, levels have been soaring because it is vented to the atmosphere during the production of another chemical widely used in cooling systems in developing countries.

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Pike forecasts Asia-Pacific to be largest PEV market, with more than 1.2M units by 2015; China to represent 53% of total sales

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million by 2015 at a compound annual growth rate (CAGR) of 28% (2010-2015), according to the report. China alone will experience a CAGR of 76% to reach 554,114 unit sales of all electrified vehicles by 2015, and will represent 53% of total regional sales. billion in 2015. By 2015, Bae expects that a total of 2.6

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