Remove Carbon Remove Coal Remove Global Remove Legal
article thumbnail

Perspective: The UN Approval Process for Carbon Offsets

Green Car Congress

Since 2005, when major greenhouse-gas emitters among the Kyoto signatories were issued caps on their emissions and permitted to buy credits to meet those caps, there has been more than $300 billion worth of carbon transactions. The approval process for carbon offsets has two goals. THE APPROVAL PROCESS.

Carbon 255
article thumbnail

The Case for Nuclear Cargo Ships

Cars That Think

The shipping industry has been trying to cut its carbon emissions for years, and with little to show for it. Nearly all of the world’s ship fleet still runs on diesel fuel, with about a quarter of new ships on order being built to run on somewhat lower-carbon alternatives like liquefied natural gas, methanol, or hybrid propulsion.

article thumbnail

House Chairmen Waxman, Markey Release Draft of Energy and Climate Legislation; Among the Many Provisions Are Cap-and-Trade, Harmonization of CAFE and California Vehicle Regulations, and Low Carbon Fuel Standard

Green Car Congress

The bill also establishes an interagency council to ensure an integrated federal response to adapting to the effects of global warming. Carbon Capture and Sequestration. The draft promotes development of carbon capture and sequestration (CCS) technologies to establish a continuing place for coal in the US energy mix.

Climate 186
article thumbnail

IEEE Discusses 6 Simple Solutions to Climate Change at COP27

Cars That Think

The IEEE Life Fellow spoke during a session addressing the role of technology in delivering an equitable, sustainable, and low-carbon resilient world. The committee was formed last year to coordinate the organization’s response to the global crisis. One type is the ultrasupercritical coal-fired steam power plant.

article thumbnail

Perspective: The Role of Offsets in Climate Change Legislation

Green Car Congress

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. coal-fired power plants) would either be required by the emissions cap. Emission reductions from regulated sources (e.g.,

article thumbnail

Devil in the Details: World Leaders Scramble To Salvage and Shape Copenhagens UNFCCC Climate Summit

Green Car Congress

ºF) above pre-industrial levels to avoid the most catastrophic effects of climate change, and that global GHG emissions would have to peak around 2020 and then sharply decline by 50% to 85% by the year 2050. “ We are not aiming to let anyone off the hook. AR4 also affirmed that warming would have to be held to no more than 2 ºC to 2.4

Climate 236
article thumbnail

What is COP26?

My Energi

For more than a quarter of a century the United Nations (UN) have been bringing together most of the earth’s countries for global climate summits, also known as Conference of the Parties (COPs). The Paris Agreement was the first ever legally binding commitment to mitigate global warming. degrees Celsius.