article thumbnail

Perspective: The Role of Offsets in Climate Change Legislation

Green Car Congress

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.,

article thumbnail

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

Green Car Congress

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”. Electricity.

2015 150
article thumbnail

Chevrolet one of 16 organizations across US recognized by EPA for Climate Action; only automaker

Green Car Congress

The US Environmental Protection Agency (EPA) awarded 2015 Climate Leadership Awards to 16 organizations and one individual representing a wide array of industries from finance and manufacturing to retail and technology for showing what the agency said was exemplary corporate, organizational, and individual leadership in response to climate change.

Climate 150
article thumbnail

Nornickel presents market review of nickel and platinum group metals

Green Car Congress

Despite extremely low LME nickel exchange inventories, which are currently at the 2007 level and amount to less than 5 days of global use only, the LME nickel contract was down by 30% since the beginning of the year.

Market 304
article thumbnail

EIA: US energy-related CO2 emissions down 1.7% in 2016; carbon intensity of economy down 3.1%; transportation emissions up

Green Car Congress

US energy-related CO 2 emissions decreased by 89 million metric tons (MMmt), from 5,259 MMmt in 2015 to 5,170 MMmt in 2016. These emissions were highest in 2007, prior to the recession, and have not returned to those levels, despite increasing every year since 2012. from the 2015 level. between 2015 and 2016.

2016 150
article thumbnail

New phase of globalization could undermine efforts to reduce CO2 emissions

Green Car Congress

International trade increased by more than 50% from 2005 to 2015, with approximately 60% of the increase tied to rising exports from developing countries. —Dabo Guan, professor in climate change economics at UEA’s School of International Development and co-author on both studies. trillion) in 2014. —Prof Guan.

Global 170
article thumbnail

ARB releases proposed cap-and-trade regulation for comment; transportation fuels impacted in 2015

Green Car Congress

The program will expand in 2015 to include fuel distributors to address emissions from combustion of transportation fuels and combustion of natural gas and propane at sources not covered in the first phase of the program. Tags: Climate Change Emissions Fuels Policy. percent, virtually on par with the projected rate of 2.4

2015 210