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Perspective: The Role of Offsets in Climate Change Legislation

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For example, a covered source (an entity in the power generation, chemicals, steel, and cement industries) can make reductions beyond its compliance obligations and then sell these reductions as credits to other covered sources. coal-fired power plants) would either be required by the emissions cap.

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Senators Sanders, Boxer propose legislation to institute GHG price on large stationary sources and remove support for fossil fuel industries

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The legislation also proposes numerous actions against financing and support for fossil fuel industries. The Family Clean Energy Rebate Program would use 60% of the funds from the carbon fee and use the model developed by Alaska’s oil dividend to provide a monthly rebate to every legal US resident to offset potential energy price increases.

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Member of Swiss National Councils fills up with sunfire solar diesel to call attention to need for regulatory reform

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In December 2014, Böhni submitted a motion for consideration by the National Council (Nationalrat) that would create the legal basis for importers and manufacturers of vehicles that run on CO 2 -neutral synthetic fuels made in Switzerland to receive credit for the corresponding reduction in CO 2 emissions under fleet emission rules.

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Federal Task Force Concludes CCS is Viable, But Carbon Price Is Critical; Sends Recommendations to President Obama on Fostering the Technology

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The report concludes that while CCS can play an important role in domestic greenhouse gas (GHG) emissions reductions thereby preserving the option of using coal and other abundant domestic fossil energy resources, it faces a key barrier in the lack of a price on carbon. Tags: Carbon Capture and Storage (CCS) Coal.

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Siemens presents three-point plan for implementing cost-efficient energy transition in Germany

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High electricity rates are burdening private households and industry alike and threatening Germany’s competitiveness, the company noted. For private households, electricity rates were nearly 40% higher than the European Union average in 2012; for industrial facilities, 20%. billion) this year.

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

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At issue is the 2012 expiration of the Kyoto Protocol, a binding but effectively unenforceable 1997 treaty that had set greenhouse gas (GHG) emission reduction targets for 40 industrialized countries, referred to as Annex 1 countries, yielding an average GHG reduction of 5.2% by Jack Rosebro. ” [ 1 ].

Climate 236
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Perspective: The UN Approval Process for Carbon Offsets

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Under the cap-and-trade system, industries regulated by it—the largest being power generation, chemicals, steel, and cement—are given limits on their total emissions, and companies can purchase emission reductions from others in lieu of reducing emissions themselves. 100% for some agricultural processes.

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