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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. CREDIBILITY OF OFFSETS. 3) Measurement.

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Global Carbon Budget 2022: Global fossil CO2 emissions expected to grow 1.0% in 2022

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Growth in oil use, particularly aviation, and coal use are behind most of the increase in 2022. During the Global Financial Crisis in 2008/9, the COVID19 pandemic, and now the Ukrainian War, economic stimulus packages were meant to put the world on a cleaner and greener path, but this is not at all evident in the CO 2 emissions data.

Global 221
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GCP Carbon Budget Finds Anthropogenic CO2 Emissions Rose 2% in 2008 Despite Global Financial Crisis; Natural Sinks Not Keeping Pace With Increasing Emissions

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Despite the economic effects of the global financial crisis (GFC), carbon dioxide emissions from human activities rose 2% in 2008 to an all-time high of 1.3 tonnes of carbon per capita per year, according to a new paper published by an international team of 31 scientists in Nature Geoscience. over the previous seven years.

2008 218
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New phase of globalization could undermine efforts to reduce CO2 emissions

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A new study finds that the growth of carbon production from Chinese exports has slowed or reversed, reflecting a “new phase of globalization” between developing countries that could undermine international efforts to reduce emissions. The paper is published in Nature Communications. trillion) in 2014. trillion) in 2014.

Global 170
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Rio Tinto, China Baowu, Tsinghua U sign MOU to explore improving environmental performance across steel value chain

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The China Iron and Steel Association (CISA) invited the Parties to sign the MOU at its China International Steel and Raw Materials Conference held in Qingdao. Rio Tinto has reduced its emissions footprint by more than 30% since 2008. China Baowu is committed to ecological and sustainable development.

China 170
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Study Finds that US Subsidies for Fossil Fuels Are Almost 2.5x Those for Renewables

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US subsidies for fuels and renewable energy, 2002-2008. The study, “Estimating US Government Subsidies to Energy Sources: 2002-2008”, found that fossil fuels benefited from approximately $72 billion over the seven-year period, while subsidies for renewable fuels totaled $29 billion. Nuclear was not included in the analysis.

Renewable 338
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Annual Increase in Global CO2 Emissions Halved in 2008; Decrease in Fossil Oil Consumption, Increase in Renewables Share

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in 2008, against 3.3% billion tonnes in 2008. For the first time, the share of global CO 2 emissions from developing countries is slightly higher (50.3%) than from industrialized countries (46.6%) and international transport (3.2%) together. In 2008, biofuels contributed about 2.5% Source: PBL. Click to enlarge.

2008 170