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New modeling study finds thawing permafrost could release vast amounts of carbon and accelerate climate change by the end of this century

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Billions of tons of carbon trapped in high-latitude permafrost may be released into the atmosphere by the end of this century as the Earth’s climate changes, further accelerating global warming, a new computer modeling study indicates. Units are in grams of carbon per square meter per year. Click to enlarge.

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Optimus Technologies closes $17.8M Series A to advance Vector System for heavy-duty engines on 100% biodiesel

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The round included participation from one of North America’s largest commercial fleets, Chevron Renewable Energy Group, and Pittsburgh regional investors including: Idea Foundry, Inc., ​ Optimus Technologies recently announced a $17.8-million million Series A funding round led by Mitsui & Co. out of Tokyo, Japan.

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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. The various taxes would slow warming to 3.5, we’re really being left behind.”. 2012.04.007.

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General Motors plans to be carbon-neutral by 2040; eliminate LDV tailpipe emissions by 2035

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GM plans to become carbon-neutral in its global products and operations by 2040 and has committed to setting science-based targets to achieve carbon neutrality. The use of GM’s products accounts for 75% of carbon emissions related to this commitment. Carbon Offsets and Credits. Electrification.

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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. If Congress establishes a GHG emission cap-and-trade program, only sources not covered by the cap could generate offsets.

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Baker Institute-led group to develop nationwide protocol for paying ranchers and farmers to store carbon

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Rice’s Baker Institute for Public Policy has initiated a working group to develop a United States protocol for paying ranchers and farmers to store carbon in their soil. The current system for voluntary carbon transactions is broken and needs to be fixed, group founders said. —Kenneth Medlock. —Jim Blackburn.

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Pew Center on Global Climate Change and GPI facilitating new Enhanced Oil Recovery Initiative

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Industry, government and organizational leaders last week in Washington, DC launched a national initiative aimed at increasing the supply of domestic oil produced through enhanced oil recovery using carbon dioxide (CO 2 -EOR). The EOR Initiative is facilitated by the Great Plains Institute (GPI) and the Pew Center on Global Climate Change.