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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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Euro Parliament Environment Committee votes to include shipping CO2 in EU ETS; shipping industry to contribute to climate neutrality

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The Environment Committee of the European Parliament voted to include CO 2 emissions from the maritime sector in the EU Emissions Trading System (ETS). 20% of the revenues under the Fund shall be used to contribute to protecting, restoring and efficiently managing marine ecosystems impacted by global warming.

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CICERO-led study finds global warming effect of leaked hydrogen almost 12x stronger than CO2

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A study led by Norwegian climate center CICERO has found that the global warming effect of leaked hydrogen is almost 12 times stronger than that of CO 2. The open-access paper is published in Nature Communications Earth & Environment. Commun Earth Environ 4, 203 doi: 10.1038/s43247-023-00857-8 —Dr Sand Resources Sand, M.,

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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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Equatic combines CO2 removal and carbon-negative hydrogen generation; pre-purchase option with Boeing

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To mitigate ongoing and accelerating climate change in the timeframe necessary to avoid irreversible consequences, we need truly disruptive carbon management technologies. Equatic’s breakthrough technology absorbs carbon dioxide via the oceans and has the added benefit of generating green hydrogen as a by-product.

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The European electric vehicle market continues to grow

Setec Powerr

According to data released by BloombergNEF, Europe now accounts for 34% of global electric vehicle sales and is the second largest worldwide market after China. In just a few years, Europe has become one of the world’s most penetrated markets for electric vehicles, and its rapid growth is due to the strong support of relevant policies.

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European Council agrees on 35% cut in new car CO2 by 2030

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The Council also agreed a specific incentive for manufacturers to sell zero- and low-emission cars in markets with a low market penetration of these vehicles. The Council decided to introduce a better weighting of low-emission vehicles in the incentive mechanism for ZLEVs.

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