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Ford, Ford Credit introduce sustainable financing framework prioritizing EV, clean production, community investments

Green Car Congress

Ford Motor Company and its financing subsidiary, Ford Motor Credit Company, introduced the North America auto industry’s first sustainable financing framework, focusing on and paying for ambitious plans in vehicle electrification and other environmental and social areas. Vigeo Eiris, an arm of Moody’s Corp.,

Financing 170
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Group of 285 global investors with more than $20T in assets under management calls for urgent action on investment-grade climate change and energy policies; guidelines for governments

Green Car Congress

Saying that “ investment-grade climate change and clean energy policy is required to shift private sector investment from high-carbon to low-carbon assets ”, a group of 285 investors has urged governments and international policy makers to take new and meaningful steps in the fight against climate change.

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Summary of decisions from Durban climate conference

Green Car Congress

Governments at the COP17 meeting decided to adopt some form of a universal legal agreement on climate change as soon. markets all remain in action as effective tools to leverage global climate action and as models to inform. Nations Framework Convention on Climate Change (UNFCCC). existing climate change.

Climate 294
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Failure to equalise VAT on public charging a missed opportunity

My Energi

Last week (19 April), the UK Government ruled-out recommendations from the House of Lords Environment and Climate Change Committee to equalise VAT on public charging. [1] Plug-in grants will continue until at least 2025, however, for motorcycles, vans, taxis, trucks and wheelchair accessible vehicles.

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Smith School report recommends individual governments take more national and bi-lateral actions to curb greenhouse gas emissions

Green Car Congress

Bringing developing countries into the carbon markets in order to encourage low carbon development, provide finance and make the most of mitigation opportunities. International climate negotiations can only go so far. The Green Climate Fund set up in Cancun marked one way in achieving this.

Emissions 210
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Bank of America joins Stanford’s Global Climate & Energy Project

Green Car Congress

Bank of America has joined Stanford University’s Global Climate & Energy Project (GCEP), a collaboration of academic and business experts that identifies and supports new avenues of research to make environmentally sustainable, low-cost energy available to everyone.

Climate 218
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Senators Sanders, Boxer propose legislation to institute GHG price on large stationary sources and remove support for fossil fuel industries

Green Car Congress

The legislation also proposes numerous actions against financing and support for fossil fuel industries. Among the financing provisions of the legislation are: Price on carbon. Bernie Sanders (I-Vt.) and Barbara Boxer (D-Calif.) The legislation would enact a fee of $20 per ton or carbon or methane equivalent, rising at 5.6%