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Combating climate change via carbon credits | Autocar Professional

Baua Electric

In today’s world, climate change is a reality we have to contend with and among the various measures undertaken to combat it, carbon credits can prove to be an effective solution. Weaving a new framework in the climate space, carbon credits incentivize sustainable practices by assigning a financial value to reductions in GHG emissions.

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IEA: global CO2 emissions rebounded to their highest level in history in 2021; largely driven by China

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billion tonnes, their highest ever level, as the world economy rebounded strongly from the COVID-19 crisis and relied heavily on coal to power that growth, according to new IEA analysis. China was the only major economy to experience economic growth in both 2020 and 2021. billion tonnes. billion tonnes.

Emissions 370
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IEA finds CO2 emissions flat for third straight year even as global economy grew in 2016

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Global energy-related carbon dioxide emissions were flat for a third straight year in 2016 even as the global economy grew, according to the International Energy Agency. gigatonnes last year, the same as the previous two years, while the global economy grew 3.1%, according to estimates from the IEA.

Economy 199
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EIA: US energy-related CO2 fell by 2.8% in 2019, slightly below 2017 levels

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Because of continuing trends in how much energy the US economy uses and how much CO 2 that energy use generates, energy-related CO 2 emissions in 2019 fell more than energy consumption, which declined by 0.9% Nearly all of the change in CO 2 emissions in 2019 arose in the electric power sector.

2019 273
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PCAST suggests 6 key components for climate change strategy to President Obama; adaptation and mitigation

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The President’s Council of Advisors on Science and Technology (PCAST) released a letter to President Obama describing six key components the advisory group believes should be central to the Administration’s strategy for addressing climate change. —PCAST letter to the President. The six key components are: 1.

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EIA: US energy-related CO2 emissions down 1.7% in 2016; carbon intensity of economy down 3.1%; transportation emissions up

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decline in energy-related CO2, according to the latest report from the US Energy Information Administration (EIA). decline in energy intensity of the economy (Btu/GDP). Combining these two factors, the overall carbon intensity of the economy (CO 2 /GDP) declined by 3.1%. Although real gross domestic product (GDP) increased 1.5%

2016 150
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Prometheus CEO outlines tech advances that could make CO2-to-fuels renewable gasoline and jet price-competitive with fossil fuels

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Recent breakthroughs in separations and catalysis, along with long-trend reductions in solar and wind electricity costs, have significantly increased the potential for cost-competitive renewable fuels from direct air capture (DAC) of CO 2.

Gasoline 357