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Perspective: The Role of Offsets in Climate Change Legislation

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If a cap-and-trade program includes offsets, regulated entities have the opportunity to purchase the “emission credits” generated by carbon offset projects to help them meet their compliance obligations. A regulated entity may consider purchasing offsets if the offsets are less expensive than making direct, onsite emission reductions.

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Final report of Garnaut Review Update recommends carbon pricing scheme for Australia to do its fair share on climate change

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It will be much harder and more expensive for Australia to do its fair share on climate change without a carbon pricing scheme, according to the final report of the Garnaut Climate Change Review – Update 2011, Australia in the Global Response to Climate Change. Earlier post.)

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Draft of EPA Greenhouse Gas Inventory Shows Overall GHG Emissions Down By 2.9% in 2008; Transportation Emissions Down 5.7% in Largest Annual Change Recorded Since 1990

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CO 2 emissions from the US transport sector, 1990-2008. The draft report of the US Environmental Protection Agency (EPA)’s annual Inventory of US Greenhouse Gas Emissions and Sinks: 1990-2008 shows that in 2008, overall greenhouse gas (GHGs) emissions decreased by 2.9% (206.1 Tg CO 2 in 2008 from 1,893.8 Click to enlarge.

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CARB draft of updated AB 32 Scoping Plan for climate change actions post-2020; pushing for greater transportation reductions

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The Scoping Plan describes the comprehensive range of efforts California must take to reduce greenhouse gas emissions to 1990 levels by 2020 and meet the state’s long-term goals to combat climate change. AB 32 requires the Scoping Plan to be updated every five years. Recommended transportation actions beyond 2020.

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California ARB approves more rebate funding for hybrid and zero-emission cars, trucks, buses9

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The California Air Resources Board approved $27 million for its Air Quality Improvement Program, a statewide effort to provide incentives for the purchase of advanced-technology passenger cars and heavy-duty trucks. Complementing this investment will be up to an additional $5 million dollars from the California Energy Commission.

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Governors of 11 Northeast and Mid-Atlantic States Agree to Work Together Toward Reducing Greenhouse Gas Emissions from Fuels; Timeline for Developing a Potential Low Carbon Fuel Standard for Region

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A credit trading system will provide opportunities to control costs by allowing a supplier to purchase credits from low carbon fuels and average them with higher carbon fuels delivered to customers. Tags: Climate Change Emissions Fuels Policy.

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California Energy Commission awards more than $2.6M for natural gas vehicles

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The awards are expected to support the purchase of more than 125 new natural gas vehicles; funding comes from the Commission’s Alternative and Renewable Fuel and Vehicle Technology Program. The California Energy Commission approved funding of $2,604,000 to help bring more buses and trucks powered by natural gas to the state’s highways.

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