Remove 2005 Remove Carbon Remove Congress Remove Obama
article thumbnail

US submits target to cut GHGs by 26-28% from 2005 levels to UNFCCC; doubling the rate of reduction

Green Car Congress

The submission—an Intended Nationally Determined Contribution (INDC)—is a formal statement of the US target, announced in China last year, to reduce emissions by 26-28% below 2005 levels by 2025, and to make best efforts to reduce by 28%. per year on average during the 2005-2020 period to 2.3-2.8%

2005 150
article thumbnail

Obama Announces Steps to Boost Biofuels, Clean Coal; RFS2, BCAP, BIWG and Carbon Capture and Storage Task Force

Green Car Congress

At a meeting with a bipartisan group of governors from around the country, President Barack Obama yesterday laid out three measures intended to work in concert to boost biofuels production and reduce US dependence on petroleum. President Obama. Percent reduction from 2005 baseline). Renewable Fuels Standard (RFS2).

Obama 218
article thumbnail

Obama Administration Announces $8.33B in Loan Guarantees for New Nuclear Power Reactors in Georgia; First New US Nuclear Power Plant Project in Nearly 3 Decades

Green Car Congress

President Obama announced that the Department of Energy has offered conditional commitments for a total of $8.33 But energy leaders and experts recognize that as long as producing carbon pollution carries no cost, traditional plants that use fossil fuels will be more cost-effective than plants that use nuclear fuel.

Georgia 231
article thumbnail

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

Green Car Congress

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%

China 300
article thumbnail

Harmonizing Low Carbon Fuel Standards

Green Car Congress

—Low Carbon Fuel Standard 2011 Program Review Report. The California LCFS regulation, which went in to effect on 15 April 2010, targets a reduction of the carbon intensity (CI), on a full-fuel lifecycle basis, of transportation fuels (measured in gCO 2 e/MJ) used in California by an average of 10% by the year 2020.

Carbon 244
article thumbnail

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

Green Car Congress

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.

Climate 236
article thumbnail

Belfer Center Study Concludes Reducing Car and Truck GHG Emissions Will Require Substantially Higher Fuel Prices; Income Tax Credits for Advanced Alt Fuel Vehicles Are Essentially Ineffective at Reducing Sector Emissions

Green Car Congress

The dashed blue line is 2005 emissions; the scale on the right shows the percent of 2005 level. 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. Source: Morrow et al. Click to enlarge. —Morrow et al.