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OECD: governments should make better use of energy taxation to address climate change; “meaningful” increases limited to road sector

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In 2015, outside of road transport, 81% of emissions were untaxed, according to the report. Tax rates were below the low-end estimate of climate costs (EUR 30/tCO 2 ) for 97% of emissions. The report assesses the magnitude and coverage of taxes on energy use in 2015, and considers change between 2012 and 2015.

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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”. Electricity.

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EEA data show most automakers must reduce emissions to meet European 2015 CO2 regulations

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Distance to 2015 target by individual manufacturers in 2010 (only manufacturers registering > 100 000 vehicles in Europe). The data also show that almost all manufacturers must reduce emissions to meet 2015 targets under European legislation for new passenger cars, based on average CO 2 emissions for each manufacturer. Source: EEA.

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Summary of decisions from Durban climate conference

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Governments at the COP17 meeting decided to adopt some form of a universal legal agreement on climate change as soon. as possible, but not later than 2015. Parties to this second period will turn their economy-wide targets into quantified emission limitation or reduction objectives and submit them for review by 1 May 2012.

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California Air Resources Board adopts GHG cap-and-trade program; first auctions slated for Aug/Nov 2012

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The regulation becomes effective 1 January 2012; first auctions (for 2013 allowances) will be held in August and November, 2012. When the nation addresses the growing danger of climate change, as I believe it must and will, California’s climate plan will serve as the model for a national program. business-as-usual.

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Nano One to acquire Johnson Matthey Battery Materials Canada; JM takes stake in AEM electrolyzer pioneer Enapter

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The Candiac production facility was acquired by Johnson Matthey in 2015 and has been in operation since 2012. This strategic partnership is at the heart of our strategy as we focus our resources on growth areas targeted at climate change solutions. —Liam Condon, CEO of Johnson Matthey.

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